The CEO of Miketon has appointed a cabinet member of the Rattanjeetarr government as the prime minister of his nation, effectively ceding jurisdiction.
The development was announced on August 16 after the CEO was presented with a comprehensive list of demands by the head of a protest movement who was planning to organize a nation-wide series of marches against the Miketonian government on August 22.
Shocked, the CEO made an urgent telephone call to the Ethnarch of Rattanjeetland asking for help in dealing with his rebellious people. Following a few minutes of consultation, the CEO decided to give Rattanjeetarr officials direct control of his country's internal affairs, as he was more interested in pursuing stock options of alcohol and other fine liquors instead of ruling a nation.
When news hit the street, crowds began to dissipate in the cautious hope that a change of government, now under Rattanjeetarr rule instead of Miketon's, will bring a better life to the people of this country.
However various leaders of protest movements in the far-flung Miketonian provinces have continued to threaten disruption to civil services on the 22nd in spite of regime change. They insist that the Ethnarch needs to prove he is a man of his word before he can garner their support.
Nevertheless, consumer confidence in the corporate state is up as local citizens slowly trickle back and buy shares of their country (a unique feature of this nation), demonstrating that once again the Miketonian economic miracle may be revving its engine once again.