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New government is new wine in old bottle
Oped, Thitinan Pongsudhirak, Published on 13/09/2024
» On the face of it, the new government under Prime Minister Paetongtarn Shinawatra appears to be a generational shift and gender breakthrough. Ms Paetongtarn is the youngest prime minister ever at 38 and only the second female government leader after her aunt Yingluck Shinawatra in 2011-14. The Paetongtarn cabinet features a record eight women among 36 with more ministers in their 30s-50s and fewer above 60. Yet on closer scrutiny, the new and younger faces are largely family legacies and proxies, surrounded by old-style politicians, while the new government's policy directions sound dated not well-suited for the times ahead.
Capital markets see rules change
News, Faith Stevelman & Sarah C Haan, Published on 08/02/2021
» Late last month, a social-media-fuelled populist rebellion gripped capital markets. Retail investors purchased huge amounts of stock in struggling companies like GameStop, AMC, and BlackBerry (among others). They wanted to make a buck. But, even more than that, they wanted to punish the financial elites, like hedge funds, that had been betting on the companies' decline.