World

Thai Prime Minister Prayuth Gets ‘Love’ from the Court

Published

8 months ago

September 30, 2022

The Thai Prime Minister, Prayuth Chan-Ocha, has not surpassed the eight-year constitutional term limit because his tenure as head of the military is declared by the Constitutional Court.

Thailand’s prime minister, Prayuth Chan-Ocha, will continue in power after the country’s constitutional court determination. The Court determined that he hadn’t surpassed his term limit, giving him a victory before elections the following year.

The decision was made in a petition brought by opposition parties that said that Mr. Prayuth had exceeded the eight-year threshold stipulated by the constitution. They said that Mr. Prayuth’s tenure started after the coup in 2014, when he was chosen as prime minister by an interim legislature chosen by his junta.

This comes as a victory for Thai Prime Minister Prayut Chan-Ocha, whose leadership has been rocked by a number of challenges such as demonstrations and lawsuits. Prayut, who is now 68 years old, was put on leave as the court investigated his case.

Reprive for Prime Minister of Thai

The nine-member bench defended the current Thai prime minister by arguing that the law was not sufficiently specific to warrant his ouster. As his tenure nears an end, Prayut will face the music next year. It is evident that people might punish him on the ballot for alleged mismanagement of the economy when COVID-19 began.

Pro-democracy organizations vowed to hold a demonstration on Thursday, but the court forbade public meetings and placed water cannon trucks all around the courtroom in Bangkok.

According to accounts, Prayuth remained at home as the court handed down its decision and demonstrators assembled in Bangkok’s central business district. He is expected to resume his duties as prime minister on Monday.

In Thai politics, the Constitutional Court has a significant impact. It overturned the outcomes of general elections in 2006 and 2014. Recently, it disbanded two parties—including the Future Forward Party, which grew to be the third-largest party in parliament—before and after the 2019 general election.

Despite having a 150 lawmaker petition, it remains that Prayut will still continue to serve as the current thai prime minister.

World

It-Girl Iris Law on the Swiss Slopes

Published

2 hours ago

May 31, 2023

Informer

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by
our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact
Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/iris-law-celine-balenciaga-gucci-chanel-hermes-prada-91042b06

World

Integrum Holdings Looks to Build a More Inclusive Approach to Private Equity

Published

4 hours ago

May 31, 2023

Informer

Private equity has long been known for big personalities and even bigger deals. But Integrum Holdings casts itself as a different kind of firm, one that emphasizes collaboration and charity alongside profit generation.

The firm, which recently raised $1.1 billion from investors that include Canada’s British Columbia Investment Management, Australian pension fund Aware Super and GCM Grosvenor, plans to donate 10% of its share of fund profits to charity through a foundation formed alongside the firm. It has already made a distribution…

World

Makers of Covid-19 Treatments Hit by Falling Demand

Published

18 hours ago

May 30, 2023

Informer

Allied Healthcare Products, a respiratory medical-devices maker, spent hundreds of thousands of dollars in 2020 expanding its product line to meet what it believed would be a surge in demand for ventilators at the onset of the pandemic. By the time it churned out more machines, demand fell short of expectations. Earlier this month, the company filed for bankruptcy and plans to sell its assets.

“Having diverted a lot of resources—time, personnel, floor and machine space—to ventilator production, Allied found it had an inventory…

World

Switzerland’s Central Bank Set for One More Rate Rise

Published

20 hours ago

May 30, 2023

Informer

Switzerland’s economy looks to be cooling, offering the Swiss National Bank an opportunity to pivot to a smaller 25 basis-point rate increase at its meeting next month, Melanie Debono, senior European economist at Pantheon Macroeconomics, writes in a note. The Swiss economy grew 0.3% in the first quarter, when not adjusted for sports events, avoiding a recession unlike its neighbor Germany, but the KOF barometer—a growth indicator published alongside gross domestic product statistics—slid for the second month in a row, after composite PMIs for April had fallen for a third consecutive month. Investment momentum will continue…

World

How Workers Are Using ChatGPT, Midjourney and Tome to Save Time

Published

22 hours ago

May 30, 2023

Informer

https://www.wsj.com/articles/using-ai-shorten-work-day-b7e7126f

World

Get Ready for Work Faster: The Ultimate Women’s Get-Dressed-Quick Guide

Published

1 day ago

May 30, 2023

Informer

By Faran Krentcil / Photographs by F. Martin Ramin/The Wall Street Journal

Updated May 30, 2023 10:36 am ET

I AM NOT a morning person—in fact, I’m barely an afternoon one. Having an internal clock with the same operating hours as a Berlin nightclub was fine during lockdown when I could roll onto a 9 a.m. Zoom in my pajama top that, on a laptop screen, looked enough like a blouse to fool colleagues. But 100% remote work has become a more distant memory than “Tiger King,” and recently, my work obligations have required me to schedule in-person morning meetings and interviews and to arrive suitably attired.

World

Bucking New Zealand’s Wine Tradition to Make Stellar Vintages

Published

1 day ago

May 30, 2023

Informer

By Tom Downey | Photography by Derek Henderson for WSJ. Magazine

May 30, 2023 8:30 am ET

For Hiroyuki Kusuda, 56, the ultimate vindication of his vision for Kiwi wine came when a well-known wine bar in Kobe, Japan, initiated a ritual: Each time they sold a bottle from France’s Romanée-Conti vineyard, one of the most expensive wines in the world, they also uncorked a complimentary bottle of Kusuda for the buyer, as if to say, “Sure, the thousands of dollars you just spent on a bottle of Romanée-Conti is worth it, but here’s something as complex and elegant, retailing for a fraction of that, made in a little-known corner of rural New Zealand.”

World

Ford Foundation Drives Push for Diversity in Asset Managers

Published

1 day ago

May 30, 2023

Informer

The Ford Foundation is doubling down on increasing diversity in the asset-management industry after pouring nearly $400 million into “mission investments” over the past six years.

The New York foundation—one of the country’s most well-known and oldest charitable organizations—co-led more than 100 participants in a $168 million fund raised by impact investor Illumen Capital, which wrapped up the effort earlier this month. As a fund-of-funds manager, Illumen backs private-equity, venture-capital and growth investment strategies…

World

Inside the Push to Make Everyone Friends at Work

Published

2 days ago

May 30, 2023

Informer

https://www.wsj.com/articles/inside-the-push-to-make-everyone-friends-at-work-c43b45f3

World

The Bigotry That Proudly Speaks Its Name

Published

2 days ago

May 29, 2023

Informer

Gerry Baker is Editor at Large of The Wall Street Journal. His weekly column for the editorial page, “Free Expression,” appears in The Wall Street Journal each Tuesday. Mr. Baker is also host of “WSJ at Large with Gerry Baker,” a weekly news and current affairs interview show on the Fox Business Network, and the weekly WSJ Opinion podcast “Free Expression” where he speaks with some of the world’s leading writers, influencers and thinkers about a variety of subjects.

Mr. Baker previously served as Editor in Chief of The Wall Street Journal and Dow Jones from 2013-2018. Prior to that, Mr. Baker was Deputy Editor in Chief of The Wall Street Journal from 2009-2013. He has been a journalist for more than 30 years, writing and broadcasting for some of the world’s most famous news organizations, including his tenure at The Financial Times, The Times of London, and The BBC.

He was educated at Corpus Christi College, Oxford University, where he graduated in 1983 with a 1st Class Honors Degree in Philosophy, Politics and Economics.