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After a (really) short cooling off period in Bangkok many there are expecting in the coming hours a new and possibly massive escalation of the conflict beween the Thai gov't and the so-called "red-shirts", as al-Jazeera reported a few hours ago from the Thai capital(*):

 Security forces in Thailand are preparing to seal off a protest site in Bangkok occupied by protesters who ignored a deadline to end their two months of street rallies. Security forces said that they would surround the protest site with armoured vehicles from 6pm (local time), and would allow people to leave but not enter.

Shortly afterwards, a leader of Thai anti-government protesters urged supporters to surround armoured vehicles that converge outside their protest site to prevent them from being used to disperse the crowds.   

"We will send out groups to surround these vehicles to prevent them from advancing," Jatuporn Prompan, a protest leader, told supporters. "We believe the army will try to crack down this evening or tomorrow morning."

 
* Since about one hour heavily armed troops are storming Bangkok's central district, occupied by the "red-shirts"... According to BBC and CNN one of the protesters' leading figures was shot by live ammunition. BBC reports right now: "A Thai general who supports the 'red shirt' protesters (**) has been shot and seriously wounded, according to a witness at a Bangkok hospital."

 
MUST READ(!!): Asia Times(HK) recently published two interesting pieces about several surprising backgrounds of some ideas/persons related to the "red-shirt" movement:
☞ Thai power grows from the barrel of a gun (5.13)
☞ On guard at Bangkok's frontlines (5.11)

** According to several independent sources in Bangkok: ex-Major General Khattiya "Seh Daeng" Sawatdiphol (-> "On guard at Bangkok's frontlines")

Related report(10pm, KST): 

☞ Gunfire heard in the Thai capital (al-Jazeera)