Thailand’s Democrats to Vote to Join PM Prayuth’s Coalition

Thailand’s Democrats to Vote to Join PM Prayuth’s Coalition

Thailand’s Prime Minister, who took power in a military coup 5 years ago, is set to win a parliamentary vote Wednesday that will give him a 2nd term in office.

The Democrat Party, the country’s oldest, announced Tuesday that it will vote to join a coalition government led by Prayuth Chan-ocha, candidate of the military-backed Palang Pracharath party.

Prayuth’s election as Prime Minister was virtually assured even before the Democrats’ decision, because the position requires a simple majority of a joint vote by the 500-seat House of Representatives and the 250-seat Senate, whose members were appointed by the junta headed by himself.

Palang Pracharath has enough allies to make Prayuth the Prime Minister. The Democrats’ support makes it likely they will also have a majority in the lower house

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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