India and Thailand Tensions Heighten, Yet Markets Rise
By now, you are probably aware of the terrorist siege of Mumbai, India. Partially eclipsed by those headlines are these two: Thailand Cabinet Considers State of Emergency Decree and India, Thailand at odds over ‘pirate ship’ sinking. India is already in a state of emergency. Thailand is about to enter one. Neither nation is having a good week. Yet, with all the troubles in Thailand and India, and with the global economic crisis, markets are up around the world. Go figure.
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