Tony Blair to resign

Tony Blair said Thursday he would step down as British prime minister on June 27, closing a decade of power in which he fostered peace in Northern Ireland and followed the United States to a war in Iraq that cost him much of his popularity.

In a somber farewell, Blair made way for Treasury chief Gordon Brown to take the top post. The British leader looked overcome with emotion, struggling to retain his trademark broad grin as loud cheers rang out.

I am guessing that he will follow the lead that Bill Clinton took by making millions in speaking tour around the world.