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To subscribe to the magazine, click here . The front runner to become Thailand's next prime minister, telecoms tycoon Thaksin Shinawatra, is trying to be all things to all people before general elections on January 6. By Shawn W. Crispin. In 1979, a Soviet navy fleet sailed into Cam Ranh Bay to establish what became Moscow's largest naval base and staging area outside the Soviet Union. With Moscow's lease since 1978 due to expire in 2004, the future of Cam Ranh Bay is now being debated.