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A Return to Political Normalcy Would Work Against Thaksin

Wednesday, Sept. 20, 2006

HONG KONG -- Global leaders -- meeting far and wide from the UN General Assembly in New York to the IMF annual summit in Singapore -- were quick to condemn the military coup in Thailand that ousted Prime Minister Thaksin Shinawatra. But the reality is the coup could actually end months of political uncertainty and benefit the country over the longer run.

This was reflected on Asian stock and foreign exchange markets, where benchmarks fell in only a limited fashion in the immediate aftermath of the coup, with investors sensing the end of a difficult and messy era in Thai politics could finally be in sight. ...

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