Thai PM Hands Over Power to Deputy
Prime Minister Thaksin Shinawatra handed over power to a longtime friend and fellow police officer Wednesday, less than 24 hours after saying he would step down over allegations of corruption and abuse of power. Thaksin made the announcement that Deputy Prime Minister Chitchai Wannasathit would replace him in a speech to supporters outside his Thai Rak Thai party headquarters. The move follows two months of protests calling for his resignation. Full Story