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article imageYingluck Shinawatra wins Thai election

By Owen Weldon     Jul 4, 2011 in Politics
Prime Minister Abhisit Vejjajiva has seemed to admit that victory belongs to Yingluck Shinawatra, and the provisional election results show that political party allied to ousted former leader Thaksin Shinawatra has won a crucial victory.
Yingluck is going to be the first female prime minister of Thailand. She realizes that she does not have an easy road ahead of her because she said that she has a lot of work to do, a lot of hard work to do.
Yingluck is related to Thaksin Shinawatra, who was exiled back in 2006. She is actually his little sister, according to BBC.
Thailand’s parliament contains 500 seats and Yingluck’s Pheu Thai party received 92% of the votes counted for, and this means that they now have 260 seats in parliament. This also means that they now have the majority of seats in parliament.
The election results show that the people of Thailand have had enough of Thaksin, as he is viewed as a legitimate threat to the monarchy. He is also considered by many to be the reason why Thailand has remained divided throughout the past decade. Investors may not be as nervous about instability following the results of the election. A looser fiscal policy seems to be in the future too because the winning party has promised the people of Thailand that they will raise wages and even guarantee rice prices, according to Bloomberg.
Yingluck’s brother had populist policies when he was in charge of Thailand, and Yingluck has promised the people of Thailand that she will bring back her brother’s populist policies.
Thailand has been facing some political problems throughout the past year. According to the WashingtonPost back in February of 2010 the Supreme Court said that Thaksin did not do a good job as prime minster because he abused his power. The court also ordered that his assets would be seized. In March of 2012 Abhisit was almost ousted from power by a group of protesters who started anti-government protests that spread throughout Bangkok.
In May of 2012 90 people were left dead thanks to a crackdown on protesters. A year later Abhisit announced elections for July 3rd, just a few months before his term was up.
As far as Thaksin goes, he said he would return to Thailand only when he feels that he can actually help Thailand.
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