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Friday, 3 August 2012 - Papua New Guinea's O'Neill endorsed as prime minister |
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    Read more with google mobile : Papua New Guinea's O'Neill endorsed as prime minister |

      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  London Olympics Highlights from day six of the Olympics.  Slideshow  China's Olympic school The school's slogan, "Today's sports school student, tomorrow's Olympics stars", greets all who enter the building.  Slideshow  Papua New Guinea's O'Neill endorsed as prime minister Tweet Share this Email Print Related News Rival PNG prime ministers join forces to form new government Wed, Jul 25 2012 Analysis & Opinion We need to make campaign finance a civil rights issue India’s presidency and a daughter’s defiance ignored … for now Related Topics World » PORT MORESBY | Fri Aug 3, 2012 2:11am EDT PORT MORESBY (Reuters) - Papua New Guinea's parliament endorsed incumbent Peter O'Neill as prime minister after long-running national elections on Friday, ending a prolonged period of political uncertainty in the Pacific island country. O'Neill won with support from an overwhelming 94 of the nation's 111 members of parliament after last week joining forces with political rival Michael Somare, ending a feud that left the country with two prime ministers for much of 2011. O'Neill was also supported by two other former prime ministers, Paias Wingti and Julius Chan, in a move that should give the country a new level of political stability as it manages a boom in investment in resource projects. "The coming together of O'Neill and Somare is likely to see a reconciliation in the political process which the country very much needs," Pacific analyst Annmaree O'Keeffe told Reuters. "I think you'll have that economic certainty, or reassurance." Papua New Guinea (PNG), an often volatile nation of 6.5 million people, is home to a $15.7 billion Exxon Mobil gas export project, and the giant OK Tedi copper mine which began production in 1987, as well as the Frieda River copper project, run by Swiss-based global miner Xstrata. Exxon's liquefied natural gas project is expected to start production in 2014 and boost gross domestic product by about 20 percent. Despite its resource wealth, the country has struggled to pass on development benefits to its people, with about 80 percent of the population living on subsistence village farming and small cash crops. O'Neill, the son of a law officer, was raised in a remote village, northwest of the capital, Port Moresby. As a child, he had to walk 15 km (9 miles) to school. He wore his first pair of shoes when he was 16. His People's National Congress party won 27 seats at the elections, the most of any party, on the back of his push to deliver more free health and education services. O'Neill's former deputy, Belden Namah, a former military officer who in May led soldiers and police into the nation's courts to arrest the chief justice for alleged sedition, now becomes the main opposition leader. O'Keeffe said she hoped the election result would give the government a chance to fight corruption and address social issues. Elections are held every five years in PNG. A record 3,435 candidates ran for the 111 seats in parliament, with about half of sitting members losing their seats. (Writing by James Grubel; Editing by Robert Birsel) World Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) Free_Pacific wrote:   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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