Bangkok Protests Turn Violent, 3 Dead

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Dec. 1 (Bloomberg) – Bloomberg’s Zeb Eckert reports the latest in Bangkok as protesters storm government buildings and offices forcing the Prime Minister to retreat to a secure location. He speaks to Mia Saini on Bloomberg Television’s “First Up. (Source: Bloomberg)

Thailand, three people died and many more were injured after violent clashes in the last few hours in bangkok area -- in bangkok.

Protesters are stepping up the campaign, giving the prime minister in ultimatum to quit.

Zeb eckert has more.

In the way i hear it, a very dangerous situation.

It absolutely is.

The violence intensifying in the thai capital over the weekend.

Tear gas fired at protesters as they broke down barriers at government houses, as well as the prime minister potshot this -- prime minister's office.

He prime minister has been taken to a safe location, though she told reporters, i may be a woman, but i will remain here and i will not flee.

This comes as the military offered to broker a peace between protesters and the prime minister as well as her party.

This comes as protesters increasingly stepped up their campaign against the party that is linked to be prime minister's brother, the former prime minister who was ousted in the 2006 2 -- coup.

Army troops have been sent to protect government buildings.

The army chief offered to mediate a truce.

The concern now is that if the violence worsens it could threaten to spread beyond the government areas of bangkok, to which they have been limited, to the wider areas of the city.

One example of that was yesterday, at the top shopping mall in central bangkok, right in the center of the city.

Businesses shut their doors because they fear the violence would spread to the center of the capital.

If it continues to spread, we are going to see dire economic impact.

Ready to take a look at that benchmark, off 17% since may.

It will only get worse.

The central bank warning on this.

Last week the central bank cut interest rates on concern violence could lead to a downturn for the economy.

No one thought that was going to happen.

Absolutely.

This is where the baht is trading right now.

Thailand also important in terms of the regional economic story because it is a big exporter.

Nissan has a factory, ford has a factory, lots of japanese electronics companies.

You see the impact.

This is the year to date of the set index.

We are talking about there,

This text has been automatically generated. It may not be 100% accurate.

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