Armenian ruling party quits PM race as protest leader bids for power

By Hasmik MkrtchyanYEREVAN (Reuters) - Armenia's ruling party will not put up a candidate for prime minister, it said on Saturday, in a bid to ease tensions after more than two weeks of street protests against the ruling elite.Demonstrations against the party and official corruption forced Serzh Sarksyanm, a former president, to resign as prime minister last Monday and parliament is due to pick a new one on May 1.While its majority in parliament means it should be able to choose who that is, the