<span style="color: #222222;">Papua New Guinea Prime Minister Peter O'Neill today resigned from his post after weeks of unrest in the government. <br />''<br />''The announcement came after high-profile defections from his Government to the Opposition. O'Neill has handed over leadership to Sir Julius Chan, who will become prime minister for the third time.<br />'' <br />'' On Friday, one of Peter O'Neill's key coalition allies abandoned him and since then, the Opposition bloc has been saying it has 62 MPs in its camp, which would give it a majority in Parliament.<br />'' <br />''<br />''Earlier this month, Mr O'Neill staved off an attack on his leadership by adjourning the country's Parliament for three weeks ahead of a planned vote of no confidence in him.</span>