BANGKOK (Bloomberg): Thailand’s parliament canceLled plans to elect a prime minister on Friday (Aug 4) and said a new date would be set when there is more clarity on a legal challenge, stoking concerns of a prolonged political stalemate and triggering a slump in stocks and the currency.
A revised schedule for the premier vote may be set after the Constitutional Court decides on Aug 16 the plea to review the denial of pro-democracy leader Pita Limjaroenrat’s renomination, House Speaker Wan Muhamad Noor Matha told reporters in Bangkok on Thursday.
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