Ratings Update - Thailand

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Thailand's supreme court will give its verdict on whether authorities can seize former prime minister Thaksin Shinawatra's frozen assets on February 26. Sekesan Bangsomboon, director general of the department of special litigation, said the court has given 30 days for prosecution and defence lawyers to submit their closing statements. Thaksin was ousted in a military coup in 2006, after which a committee set up by the military junta froze his assets, valued at US$2.2bn. We believe that political instability will increase in the run up to the verdict as Thaksin supporters come into force.