Papua New Guinea’s veteran Prime Minister Peter O’Neill has resigned following weeks of political turmoil and government defections over his handling of various budget and health crises, including a $13 billion plan to double liquefied natural gas exports. Mr. O’Neill, who has led the resource-rich but tumultuous Pacific nation for seven years, said Sunday that he was stepping down, ahead of a vote of no confidence that his weakened People’s National Congress Party was expected to lose this week as political opponents moved...

Source: Wall Street Journal May 26, 2019 08:48 UTC