By The World's Best Investment Manager and Financial Market Journalist
Thailand's Constitutional Court will on Wednesday decide the fate of Prime Minister Srettha Thavisin, in a ruling that could see him dismissed after less than a year in office and plunge the country into deeper political uncertainty.
If Srettha is removed, the 500-seat parliament must convene to choose a new premier, potentially causing more upheaval in a country known for political turmoil.
The decision comes at a tricky time for Thailand's economy, with Srettha struggling to boost growth. The case could also test the fragile truce between political heavyweight Thaksin Shinawatra and his enemies, which enabled Srettha to become premier.
Analysts believe that Pheu Thai Party would still have the clout to lead the next administration, but there might be some short-term impacts on confidence.
The next premier could be someone nominated by their parties prior to the 2023 election, with potential candidates including Thaksin's daughter and influential former army chief Prawit Wongsuwan.
Overall, this ruling could have significant implications for Thailand's political landscape and economy, making it crucial for investors and the general public to stay informed.