Thailand taken over by military!
**Thai commander takes over after coup **
By GRANT PECK, Associated Press Writer 31 minutes ago
BANGKOK, Thailand - Thailand’s army commmander ousted Prime Minister Thaksin Shinawatra in a military coup Tuesday night while the prime minister was in New York, circling his offices with tanks, declaring martial law and revoking the constitution.
An announcement on national television signed by army Commander-in-Chief Gen. Sondhi Boonyaratkalin ordered all troops to report to their duty stations.
As soldiers and armored vehicles moved through Bangkok, an announcement from the military earlier declared a provisional authority loyal to beloved King Bhumibol Adulyadej.
The announcement declared that a “Council of Administrative Reform” had seized power in Bangkok and nearby provinces without any resistance. It recognized the king as head of state.
and we thought it was only Pakistan where it can happen… or did Thais felt our loneliness? Anyway, its likely to hit some financial markets around the world. What other impacts can it have?