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Is Bangkok set to return to normal?

That's the word from GlobalPost's Thailand correspondent Patrick Winn, on news that Red Shirt protesters have cautiously welcomed the government's offer to hold early elections on Nov. 14.

In exchange, the protesters have agreed to take down their encampments set up in the Thai capital.

For more analysis, here's how Patrick explained the latest developments to our partner the PBS NewsHour.

And here's his latest On Location video, published at the height of the protests last month: