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  • 08 JULY 2015 - BANGKOK, THAILAND:   People walk past an exchange booth in Bangkok while foreign visitors to Thailand buy Baht Wednesday. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.  PHOTO BY JACK KURTZ
    ThaiFinancialMarkets010.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:   People walk past an exchange booth in Bangkok while foreign visitors to Thailand buy Baht Wednesday. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.  PHOTO BY JACK KURTZ
    ThaiFinancialMarkets012.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:   People walk past an exchange booth in Bangkok while foreign visitors to Thailand buy Baht Wednesday. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.  PHOTO BY JACK KURTZ
    ThaiFinancialMarkets011.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:   People walk past an exchange booth in Bangkok while foreign visitors to Thailand buy Baht Wednesday. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.  PHOTO BY JACK KURTZ
    ThaiFinancialMarkets009.jpg
  • 19 APRIL 2013 - BANGKOK, THAILAND:  People wait to change foreign denominations into Thai Baht at an exchange booth in the Phrom Phong BTS station in Bangkok. The Thai Baht has appreciated dramatically against the US Dollar, Euro and Pound Sterling in recent months, lessening the spending power of expats who rely on those currencies in Thailand.   PHOTO BY JACK KURTZ
    Bangkok0421011.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND: Exchange rates are posted in foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.    PHOTO BY JACK KURTZ
    ThaiBahtGains009.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND: People walk past a foreign currency exchange on a Bangkok street. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.    PHOTO BY JACK KURTZ
    ThaiBahtGains016.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND: People line up to buy Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.    PHOTO BY JACK KURTZ
    ThaiBahtGains013.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:   A European tourist in Bangkok counts out his US Dollars before buying Thai Baht at a foreign exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.  PHOTO BY JACK KURTZ
    ThaiBahtGains011.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:  A European tourist buys Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.   PHOTO BY JACK KURTZ
    ThaiBahtGains012.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:  People line up to buy Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.   PHOTO BY JACK KURTZ
    ThaiBahtGains006.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:   People line up to buy Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.  PHOTO BY JACK KURTZ
    ThaiBahtGains003.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:   A European tourist in Bangkok counts out his US Dollars before buying Thai Baht at a foreign exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.  PHOTO BY JACK KURTZ
    ThaiBahtGains010.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:  People line up to buy Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.   PHOTO BY JACK KURTZ
    ThaiBahtGains007.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:   People line up to buy Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.  PHOTO BY JACK KURTZ
    ThaiBahtGains004.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND: People wait to buy Thai Baht in a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.    PHOTO BY JACK KURTZ
    ThaiBahtGains005.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:   People line up to buy Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.  PHOTO BY JACK KURTZ
    ThaiBahtGains001.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:   People line up to buy Thai Baht at a foreign currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.  PHOTO BY JACK KURTZ
    ThaiBahtGains002.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:  A woman walks past an exchange booth in Bangkok Wednesday. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.   PHOTO BY JACK KURTZ
    ThaiFinancialMarkets008.jpg
  • 19 APRIL 2013 - BANGKOK, THAILAND: Exchange rates posted on an electronic board in the Phrom Phong BTS Skytrain Station in Bangkok. The Thai Baht has appreciated dramatically against the US Dollar, Euro and Pound Sterling in recent months, lessening the spending power of expats who rely on those currencies in Thailand.   PHOTO BY JACK KURTZ
    Bangkok0421010.jpg
  • 19 APRIL 2013 - BANGKOK, THAILAND: A currency exchange in the Emporium Shopping Center on Sukhmvit Road in Bangkok. The Thai Baht has appreciated dramatically against the US Dollar, Euro and Pound Sterling in recent months, lessening the spending power of expats who rely on those currencies in Thailand. The Emporium is one of Bangkok's newer, more high end shopping complexes and is popular with both the expat and Thai HiSo (High Society).       PHOTO BY JACK KURTZ
    Bangkok0421003.jpg
  • 19 APRIL 2013 - BANGKOK, THAILAND: A currency exchange in the Emporium Shopping Center on Sukhmvit Road in Bangkok. The Thai Baht has appreciated dramatically against the US Dollar, Euro and Pound Sterling in recent months, lessening the spending power of expats who rely on those currencies in Thailand. The Emporium is one of Bangkok's newer, more high end shopping complexes and is popular with both the expat and Thai HiSo (High Society).       PHOTO BY JACK KURTZ
    Bangkok0421002.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:    The exchange rate is posted in the window of a tourist curio shop that also operates as a currency exchange in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna. PHOTO BY JACK KURTZ
    ThaiBahtGains014.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:  A man watches Thai stocks fall in price at a brokerage house in Bangkok. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.   PHOTO BY JACK KURTZ
    ThaiFinancialMarkets006.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:  A man watches Thai stocks fall in price at a brokerage house in Bangkok. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.   PHOTO BY JACK KURTZ
    ThaiFinancialMarkets013.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND: People watch Thai stocks at a brokerage house in Bangkok. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.    PHOTO BY JACK KURTZ
    ThaiFinancialMarkets007.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:  A person watches the prices of Thai stocks at a brokerage house in Bangkok. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.   PHOTO BY JACK KURTZ
    ThaiFinancialMarkets002.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND: A man monitors stocks he is interested in at a public computer terminal in a Bangkok brokerage house. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.     PHOTO BY JACK KURTZ
    ThaiFinancialMarkets001.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:  A man watches Thai stocks fall in price at a brokerage house in Bangkok. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.   PHOTO BY JACK KURTZ
    ThaiFinancialMarkets005.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND: A man turns away from the screens as Thai stocks drop Wednesday. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.    PHOTO BY JACK KURTZ
    ThaiFinancialMarkets004.jpg
  • 08 JULY 2015 - BANGKOK, THAILAND:  A person watches the prices of Thai stocks at a brokerage house in Bangkok. Thai financial markets and the Thai Baht both lost value Wednesday. The stock market, the Stock Exchange of  Thailand (SET) closed at 1,470.25, down 13.52 or 0.91%, from Tuesday. The Thai Baht closed at 33.90 Baht to 1 US Dollar, it's lowest point since September 2009. Economists blamed the drop in the Chinese stock markets and uncertainty over the EU's handling of the Greek budget crisis for the drops in Thai markets.   PHOTO BY JACK KURTZ
    ThaiFinancialMarkets003.jpg
  • 23 AUGUST 2013 - BANGKOK, THAILAND:    Tourists line up at a TMB Exchange Booth at Saphin Taksin/Central Pier to exchange their currencies for Thai Baht. Thailand entered a “technical” recession this month after the economy shrank by 0.3% in the second quarter of the year. The 0.3% contraction in gross domestic product between April and June followed a previous fall of 1.7% during the first quarter of 2013. The contraction is being blamed on a drop in demand for exports, a drop in domestic demand and a loss of consumer confidence. At the same time, the value of the Thai Baht against the US Dollar has dropped significantly, from a high of about 28Baht to $1 in April to 32THB to 1USD in August.    PHOTO BY JACK KURTZ
    ThailandRecession009.jpg
  • 24 AUGUST 2013 - BANGKOK, THAILAND: Tourists line up to buy Thai Baht at a money exchange booth in Bangkok. Thailand entered a “technical” recession this month after the economy shrank by 0.3% in the second quarter of the year. The 0.3% contraction in gross domestic product between April and June followed a previous fall of 1.7% during the first quarter of 2013. The contraction is being blamed on a drop in demand for exports, a drop in domestic demand and a loss of consumer confidence. At the same time, the value of the Thai Baht against the US Dollar has dropped significantly, from a high of about 28Baht to $1 in April to 32THB to 1USD in August.     PHOTO BY JACK KURTZ
    ThailandRecession049.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:    A woman walks buy a TMB currency exchange kiosk in Bangkok. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna. PHOTO BY JACK KURTZ
    ThaiBahtGains008.jpg
  • 24 AUGUST 2013 - BANGKOK, THAILAND: Tourists line up to buy Thai Baht at a money exchange booth in Bangkok. Thailand entered a “technical” recession this month after the economy shrank by 0.3% in the second quarter of the year. The 0.3% contraction in gross domestic product between April and June followed a previous fall of 1.7% during the first quarter of 2013. The contraction is being blamed on a drop in demand for exports, a drop in domestic demand and a loss of consumer confidence. At the same time, the value of the Thai Baht against the US Dollar has dropped significantly, from a high of about 28Baht to $1 in April to 32THB to 1USD in August.     PHOTO BY JACK KURTZ
    ThailandRecession050.jpg
  • 22 APRIL 2013 - BANGKOK, THAILAND:  US Dollars and Thai Baht. The Thai Baht has gained markedly against the US Dollar, the Euro and Pound Sterling in recent months. On Monday, the Baht was trading at 28.57 Baht to 1 US Dollar on Apr. 22. The strengthening Baht means imported goods are cheaper in Thailand, but Thai exports cost more in other countries. It also means tourists and expats who live in Thailand have less money to spend as their currencies buy fewer Baht. The baht has risen 5 percent against the dollar this year to its highest level since before the Asian financial crisis in 1997. The Federation of Thai Industries, which has led calls for the authorities to act to lower the baht, said the rise in the past two weeks had been too rapid and its members were finding it hard to cope with the volatility because as the Baht appreciates their exports become more expensive. Thailand is among the world's leading exporters of rice, chicken, pork, electrical components, cars and is the leading exporter of canned tuna.   PHOTO BY JACK KURTZ
    ThaiBahtGains015.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  A woman watches real time changes in the Thai stock market on the stock ticker at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS009.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  A woman reads the newspaper in the stock ticker room at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS008.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  A man walks away from the stock ticker at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS006.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  People watch real time changes in the Thai stock market on the stock ticker at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS005.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  Stock “losers” on the stock ticker at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS004.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  The stock ticker at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS003.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND: A woman walks in to watch real time stock results at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.      PHOTO BY JACK KURTZ
    ThaiStocksSlidePS007.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  A man watches real time changes in the Thai stock market on the stock ticker at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS002.jpg
  • 02 SEPTEMBER 2013 - BANGKOK, THAILAND:  People watch real time changes in the Thai stock market on the stock ticker at Asia Plus Securities headquarters in central Bangkok. The Thai stock market has declined more than 20% from its 2013 high as data as Thailand entered a recession in the second quarter. The loss of value in the Stock Exchange of Thailand (SET) is the greatest sell off since the end of the Asian financial crisis in 1998. Foreign investors have sold more than $1 billion of local shares this month amid signs of slowing regional economic growth and speculation that the U.S. Federal Reserve will soon cut its stimulus.     PHOTO BY JACK KURTZ
    ThaiStocksSlidePS001.jpg
  • 20 SEPTEMBER 2013 - BANGKOK, THAILAND:  A foreign exchange booth next to a go-go bar on Soi Cowboy in Bangkok. Soi Cowboy is one of the notorious Entertainment Districts in Bangkok. Entertainment District has emerged as euphemism for red light district. Prostitution is officially illegal in Thailand but it is widely condoned. For western men, Soi Cowboy, along with Soi Nana and Patpong are among the most well known entertainment districts in Bangkok.      PHOTO BY JACK KURTZ
    ScenesofBKK0920006.jpg
  • MARCH 19, 2001 - HAVANA, CUBA:  An American tourist photographs in the farmers' market in the Regla neighborhood  of  Havana, Cuba, March 19, 2001.  Tourism in Cuba is expanding rapidly and has become a key source of foreign exchange for the Cuban government. Hundreds of thousands of Americans travel illicitly to Cuba because the US government, through the US economic embargo against Cuba, restricts the way and how much money Americans can spend in Cuba.      PHOTO BY  JACK KURTZ     ECONOMY  POVERTY  TOURISM  FOOD
    Cuba116.jpg
  • HAVANA, CUBA: Tourists pose for a caricature artist in the market in Havana, Cuba, March 2000.  Tourism has become a major source of foreign exchange for the Cuban government.   Photo by Jack Kurtz   TOURISM  LIFESTYLE     ECONOMY
    Cuba092.jpg
  • HAVANA, CUBA: Tourists shop for souvenirs in the market in Havana, Cuba, March 2000.  Tourism has become a major source of foreign exchange for the Cuban government.   Photo by Jack Kurtz   TOURISM  LIFESTYLE     ECONOMY
    Cuba091.jpg
  • HAVANA, CUBA: Entertainers perform in the Club Las Vegas, a popular nightspot in Havana, Cuba. The entertainers perform a raucous cabaret show and then dance with the tourists who come to the club. Cubans who go the club pay the cover charge and for their drinks with Cuban pesos. Tourists have to pay with US dollars. Tourism has become a major source of foreign exchange for the Cuban government.    Photo by Jack Kurtz  WOMEN  TOURISM  ECONOMY   CULTURE     LABOUR
    Cuba085.jpg
  • HAVANA, CUBA: Tourists dance with entertainers in the Club Las Vegas, a popular nightspot in Havana, Cuba. The entertainers perform a raucous cabaret show and then dance with the tourists who come to the club. Cubans who go the club pay the cover charge and for their drinks with Cuban pesos. Tourists have to pay with US dollars. Tourism has become a major source of foreign exchange for the Cuban government.    Photo by Jack Kurtz  WOMEN  TOURISM  ECONOMY   CULTURE     LABOUR
    Cuba084.jpg
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Jack Kurtz, Photojournalist & Travel Photographer

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