Yingluck Shinawatra, a 44-year-old businesswoman who wasn’t even in politics two months ago, is poised to get the top job after the stunning election victory of Puea Thai (For Thais), whose de facto leader is her brother, fugitive ex-premier Thaksin Shinawatra. Yingluck, known as Pou (Crab), the nickname her parents gave her, has never run for office or held a government post, so she has a lot to prove to show she can run the country. But some Thais, especially females, want to give her the benefit of the doubt and see this as a big step for women in a country where they have struggled for equal representation in government…

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The Kingdom of Thailand is a member of the Association of Southeast Asian Nations (ASEAN) and political events occurring in this jurisdiction can have ramifications for the business community in Thailand and Greater Asia. Concurrently, the prospect of a first time election of a female leader in any nation is significant news by any estimate. It should be interesting to see how these events unfold.

In American news, the government of the sovereign State of Minnesota recently shut down and has remained so for a few days. To provide further insight into these events it may be best to quote directly from the official website of CNN, CNN.com:

The government shutdown in Minnesota could drag on for days as a spokeswoman for Gov. Mark Dayton said talks probably won’t happen until after the July 4 holiday. ”I do not expect formal meetings to resume before Tuesday,” Katharine Tinucci said in an e-mail Saturday night. The Minnesota government was forced to shut down Friday for the second time in six years after lawmakers failed to reach a budget agreement before a midnight Thursday deadline…

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In a previous posting on this web log the possibility of an American federal government shutdown was discussed, but did not actually occur as American legislators came to a consensus regarding some of the issues associated with the United States budget and this consensus resulted in the American government remaining open. As the United States has a separate sovereignty system the various American States maintain separate governments from that of the federal government. The shutdown of any government can have implications for a State’s economy and therefore it is likely hoped by many around the USA (and the world) that Minnesota’s government can resolve their issues and get back to the business of governing that State.

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BANGKOK – Thailand votes on Sunday in a closely fought election seen as pivotal to the future of the deeply divided kingdom, after years of political deadlock and often bloody street protests. The poll is the first major electoral test for the government since mass opposition rallies paralysed Bangkok last year, scaring away foreign tourists and sparking a military crackdown that left about 90 people dead. Now the tense vote could herald a comeback for fugitive former premier Thaksin Shinawatra and his political allies…

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Politics in Thailand can have ramifications for the economy and the business community. Meanwhile, developments in Thailand can have reverberations throughout the Association of Southeast Asian Nations (ASEAN). This regional grouping is currently having a substantial regional and global impact upon geopolitics. Also, this organization’s ascendancy comes at the same time as international commentators discuss the increasing significance of the so-called BRICS nations (Brazil, Russia, India, China, South Africa). China has also received a great deal of international coverage recently as that nation’s Communist Party celebrated the 90 year anniversary of the Party’s founding. To quote directly from the official website of the Hindustan Times, HindustanTimes.com:

The world’s largest political party, in charge of the world’s fastest-growing economy, marked its 90th anniversary with a prolonged campaign of revolutionary Mao-era lyrics sung in schools, universities and parks. Television stations pulled out soaps and crime shows to air red propaganda. Employees of state-owned companies were told to troop into cinema halls to ensure that the film Founding of the Party, made with 108 actors, could claim blockbuster status…

This blogger asks readers to click upon the hyperlinks noted above to read this insightful article written by Reshma Patil.

As noted previously on this web log, China is becoming an ever more important player in the international economic arena as that nation’s Premier was recently noted for making a trip to Europe and the United Kingdom. In related news it was noted that China has previously announced plans to construct a high speed rail system to connect Southern China with the Thai city of Bangkok. It would appear that a plan is also in place to construct a large Chinese Trading Complex in the Bangkok metropolitan area. How such developments will play out in the future remains to be seen.

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