Thai military rulers appoint advisers; economy in doldrums

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Thailand’s junta has appointed as advisers two retired generals with palace connections, putting powerful establishment figures hostile towards former Prime Minister Thaksin Shinawatra firmly in the ascendant in the country’s long-running power struggle.Hoping to show things are getting back to normal, the military has also relaxed a night-time curfew brought in after it seized power in a May 22 coup, and is expected to speed up efforts to get the economy moving again after months of debilitating political protests.Data on Wednesday showed factory output fell 3.9 percent in April from a year earlier, the 13th monthly drop in a row.Figures later in the day are forecast to show imports tumbled 18.2 percent that month. Exports may have risen marginally, but that will not be enough to offset the depression in the domestic economy.

For full report read ….. http://www.reuters.com/article/2014/05/28/us-thailand-politics-idUSKBN0E802J20140528

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