Monday, January 3, 2011
Thai court ordered the re-election stock market responded positively to the election.
Thailand's Constitutional Court yesterday ruled <P> last month's parliamentary elections unconstitutional and ordered to vote again, so end the political deadlock in Thailand hope. .</ P> <P> this decision by vote of 8 to 6, possibly paving the way for elections in July. .July elections will be 18 months less than a third within the lower house election, observers fear it could lead to election fatigue in Thailand. .Thailand, the number of members of the House of 500. .</ P> <P> Thailand's financial markets reacted positively to the ruling, SET Stock Exchange benchmark index rose 14.69 points, or 1.91%, to close at 782.91, to the index since January 2004 since the highest level. .</ P> <P> But some analysts remained cautious and warned that although the court made a ruling, but remained uncertain political future of Thailand. .</ P> <P> opposition Democratic Party of the April 2 snap election boycott led to this political deadlock, resulting in many parliamentary seats vacant, and to • Prime Minister Thaksin Shinawatra (Thaksin Shinawatra) can not form a government. .</ P> <P> Mr Thaksin initiated the vote, Prime Minister of trying to get a new term, but he believed the family deal aroused anger, this effort did not succeed. .Thaksin's family to 73 billion baht (1.9 billion dollars) the price, its in the Shin Corp (Shin Corp) stake sale to Singapore's Temasek Holdings exemption (Temasek Holdings). .</ P>.
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