Thais seek cease-fire with Reds in border talks
The report notes Thailand proposing a one month cease fire to allow insurgents to surrender to the government as part of efforts led by Premier Sanya Thammasak. It cites the Defense Ministry and the plan to dissolve the Communist party while continuing suppression operations and negotiations with insurgent groups. The piece also references broader regional security concerns and ongoing counterinsurgency efforts.
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Oil price news hits stock market as prices fall 3.92
New York traders saw broad declines as higher oil prices and signs of a slowing economy weighed on markets. The Dow Jones fell with six Arab states’ move to double crude prices cited as pressure. Durable goods orders dipped while consumer prices remained elevated. Westinghouse warned of persistent problems risking lower earnings, trading heavily on the NYSE.
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