Here is the AP story.

Here is the data from CIA on Thailand’s political system.

Executive branch:
chief of state: King PHUMIPHON Adunyadet (since 9 June 1946)
head of government: Prime Minister THAKSIN Chinnawat (since 9 February 2001) and Deputy Prime Ministers CHITCHAI Wannasathit (since 11 March 2005), SOMKHIT Chatusiphithak (since 11 March 2005), SUCHAI Charoenrattanakhun (since 31 October 2005), SURAKIAT Sathianthai (since 11 March 2005), SURIYA Chungrungruankit (since 2 August 2005), SUWAT Liptapanlop (since 2 August 2005)
note: Prime Minister THAKSIN stepped aside on 5 April 2006; CHITCHAI Wannasahit became acting prime minister; THAKSIN resumed duties on 23 May 2006 as caretaker prime minister
cabinet: Council of Ministers
note: there is also a Privy Council
elections: none; the monarch is hereditary; prime minister is designated from among the members of the House of Representatives; following national elections for the House of Representatives, the leader of the party that can organize a majority coalition usually is appointed prime minister by the king

Legislative branch:

bicameral National Assembly or Rathasapha consists of the Senate or Wuthisapha (200 seats; members elected by popular vote to serve six-year terms) and the House of Representatives or Sapha Phuthaen Ratsadon (500 seats; members elected by popular vote to serve four-year terms)
elections: Senate – last held 19 April 2006 (next to be held in April 2012); House of Representatives – last held 6 February 2005 (next to be held on 15 October 2006)
note: snap election for House was held on 2 April 2006; election was invalidated by Constitution Court
election results: Senate – percent of vote by party – NA; seats by party – NA; House of Representatives – (2005 election) percent of vote by party – NA; seats by party – TRT 376, DP 97, TNP 25, PP 2

Anyone with any more information on what is going on in Thailand, please let us know. BT member Observer393 lives in Thailand.

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