Bid to ease Thai share volatility

One of the most recent issues that I had talked about in my previous blog was the increases volatility in the Thai government following the news that the Thai king Bhumibol was extremely sick in the hospital. This news was of course not true but it ended up doing a significant amount of damage to the Thai economy. Now the government is taking action and there have been several meetings between the financial ministers and his other officials from the stock exchange. The two reporters who were the very first to give out news that Bhumibol was extremely ill have been arrested and there is a chance that many more arrests are to follow. Most people support this action by government officials, but some insist that the country is taking away their right to free speech.
I think that this was a very good decision by the government because the Thai government is very unstable at the moment and they need to take initiative and make sure that nothing like this happens again. Although some Thais may think that their rights are being taken away, this is something that must be regulated because of the major downturn it cause in the Thai economy.

http://news.bbc.co.uk/2/hi/asia-pacific/8337511.stm