Thai activists cover monument to protest royal defamation law
BANGKOK (Reuters) - Youth activists protesting against laws forbidding insult to Thailand's powerful king briefly clashed with police on Saturday after draping Bangkok's Democracy Monument in red cloth. Protesters threw paint at police and several small bangs were heard during a standoff near a city shrine after the demonstration had moved from Democracy Monument and the main leaders had called for it to disperse
BANGKOK (Reuters) - Youth activists protesting against laws forbidding insult to Thailand's powerful king briefly clashed with police on Saturday after draping Bangkok's Democracy Monument in red cloth.
Protesters threw paint at police and several small bangs were heard during a standoff near a city shrine after the demonstration had moved from Democracy Monument and the main leaders had called for it to disperse.
Activists said the red cloth on the monument represented the blood of fighters for democracy.
Police deputy spokesman Kissana Pattanacharoen said more than 20 police officers were injured in the clashes and seven or eight people were detained for questioning. He also said at least one firecracker exploded at the scene.
The demonstration was in reaction to this week's arrests of four leading protest figures under charges of insulting the monarchy in mass anti-government demonstrations last year.
The "lese majeste" law, contained in Article 112 of Thailand's criminal code, carries penalties of up to 15 years in prison.
Student activists say the law has been abused for decades to crush political opposition to a military-royalist establishment.
"We want Article 112 to be revoked plus the release of four of our leaders and other political prisoners convicted by this law," said protester Chutima Kaenpetch, 24.
The government led by former military junta chief Prayuth Chan-ocha denies any abuse of the law, saying political opposition is allowed but breaking the law by insulting the king will be punished.
Thailand is officially a constitutional monarchy, but the king is held in special esteem by conservative Thai culture that portrays him as the protector of the Buddhist religion and the nation.
The student movement that emerged last year smashed long-held taboos by openly criticising King Maha Vajiralongkorn, who they say has amassed too much personal power since taking the throne after the death of his father in 2016.
The Royal Palace has declined to directly comment on the protests, but Prayuth and government officials have said that criticism of the king is unlawful and inappropriate.
(Reporting by Bangkok bureau; Editing by Frances Kerry)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply
By John McCrank NEW YORK (Reuters) - Robinhood, the online brokerage used by many retail traders to pile in to heavily shorted stocks like GameStop Corp, has made an ambitious push into loaning out its clients' shares to short sellers as it expands its business. The broker had $1.9 billion in shares loaned out as of Dec. 31, nearly three times the $674 million a year earlier, and it was permitted to lend out $4.6 billion worth of securities under margin agreements, around five times bigger than the prior year, according to an annual regulatory filing late on Monday
By Pete Schroeder and Chris Prentice WASHINGTON (Reuters) - U.S. President Joe Biden's pick to head a key market regulator promised on Tuesday a thorough review of issues raised by the GameStop Corp stock frenzy and suggested companies may have to disclose their potential risks from climate change