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Thailand’s Election
On July 3, 2011, Thais went to the ballot and elected their new government. The Phua Thai party won by a landslide and received 262 out of the 500 seats (see also Beginner’s Yingluck). The new prime minister, Yingluck Shinawatra, is the first female political leader of Thailand and replaces Abhisit Vejjajiva, the leader of the Democratic Party (DP), which gained only 160 seats. This outcome …
Foreign Investment in South East Asia
The Economist recently published multiple articles about growing power struggles in South East Asia (Chinese takeaway kitchen, Courting the Khmer, Not littorally Shangri-La, Busted flush). Basically, China is investing heavily in Asia’s emerging countries, especially in Myanmar, Cambodia and Laos. Recently approved oil and gas projects in Myanmar, a country that the EU does not trade with due to its repressive military rule, amount to over $13 …