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Thai Economy Faces Slower Growth, Uncertainties Amid Political Turmoil

Economists are warning of slower economic growth in Thailand while the country is gripped by political unrest. The U.S. ratings agency Fitch warns a prolonged political standoff could have a lasting negative impact on Thailand’s economic performance and financial stability. In its report, Fitch pointed to a contraction in manufacturing, sharply lower retail sales growth, and consumer and business confidence at the lowest levels since the disastrous floods of late 2011. The report...

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