Thai Leader’s Fate Hangs in Balance as Allies Weigh Future

Political Instability - Thailand's Prime Minister faces uncertainty due to a leaked phone call criticizing the army, leading to opposition calls for her resignation and street protests [1][2][4] - A key coalition party, Bhumjaithai Party, exited, leaving the ruling coalition with a slim majority in Parliament [3] - The Prime Minister apologized for her comments, claiming they were part of her negotiation tactic [5] - The current government previously lost a prime minister due to an ethics violation [6] Economic Impact - Foreign investors had already withdrawn $23 billion (23 亿) from Thai stock markets this year, viewing Thailand as vulnerable in the ASEAN region [8] - The political turmoil is seen as a distraction from implementing key economic reforms [9] - The Thai stock exchange is currently the worst-performing market globally this year [10]