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Thai King Bhumibol Adulyadej dies

Oct. 13, 2016 8:21 AM ETTTF, THDBy: Stephen Alpher, SA News Editor
  • The death of the world's longest-serving monarch (reign of 70 years) could set the country up for another bout of political instability. His only son, Crown Prince Maha Vajiralongkorn will take his spot, but it could take some time for him to command the sort of overwhelming respect his father had.
  • The military government portrays itself as a defender of the monarchy against populist politicians. Without King Bhumibol there, it may be more clear that it's the generals running the country, and they may have to allow some sort of civilian rule (or they could crack down even harder).
  • THD +0.8% premarket; TTF no trades

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