Wednesday, September 20, 2006

Developments in the military coup today

from bangkokpost magazine

Democratic Reform Council leader General Sonthi Boonyaratkalin: Suvarnabhumi Airport will be opened as scheduled, no plan to seize Thaksin's assets, no plan to seize Shin shares back from Temasek.

Democratic Reform Council leader General Sonthi Boonyaratkalin: Council will be in power for 2 weeks during which a constitution will be drafted and a PM appointed. An election will then be held within one year.

Ousted PM Thaksin arrives in London from New York for family reunion. No further word on his future.

Troops close northern Thai borders with both Laos and Burma, and forbid all overland travel from those countries. International airports open as normal.

Indonesia issues official travel warning advising citizens to delay or cancel all travel to Thailand.

Coup authorities demand "cooperation" of mass media - IT ministry authorised to check, censor information that affects the council work.

Thai ambassador in Washington says deposed PM Thaksin preparing to leave United States. It appears he will go to London, where he has a home.

Coup authorities deny appointment of Surayudh Chulanont as PM - say that the country will not have a PM for now - Gen Sonthi Boonyaratkalin has premier's power

US government joins many countries in urging citizens to reconsider any travel plans to Thailand. Most countries urge citizens in Thailand to stay inside.

Cable TV partly resumes on UBC but main foreign news channels such as CNN, BBC, CNBC, NHK and Bloomberg remain blacked out. Thai TV programmes resumes, no news.

Credit analyst of ratings firm Standard and Poors warns Thailand faces credit rating downgrade - says coup could quickly paralyse and undermine investment climate.

Ex-deputy PM and senior caretaker Chidchai Vanasathidya has been detained at army headquarters according to army sources.

Tokyo stock prices tumble as anxiety spreads over Thailand coup - Nikkei down 1.12 pct. Baht at 37.755 in New York - no local rate set.

New Zealand joins growing chorus of foreign countries condemning coup - Japan, European Union demand immediate return to democracy. US, Philippines urge peace.

Thaksin cancels scheduled speech to United Nations. It is unclear if he is trying to return home more quickly.

Today is declared a holiday for govt offices, banks - new policy statement due from coup leaders to businessmen, diplomats at 9 a.m.

Weather Active low pressure across Central, lower Northeast. Heavy rain, flood alerts for low areas around Bangkok and in North, Northeast, Rayong coast.

Headlines Coup leaders promise fast return to democracy. US hopes peaceful resolution of coup crisis. Authorities cut cable TV news, Thaksin wants to return.

US stocks fall on news of Thai coup, fears of another Asia currency crisis. Dow ends off 14 at 11,541. Baht falls from 37.20 to 37.77 per dollar after coup.

September 19, 2006

The coup makers calling themselves Democratic Reform Council led by commanders of the arm forces now take control of the country without any resistance.

Prime Minister Thaksin has declared a state of emergency, ordered troops restricted to barracks.

It's a coup as the military appeared to be in control although Channel 9 aired Thaksin's state of emergency announcement, ordering removal of Army Chief Sonthi.


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