EGYPT: Hosni Mubarak resigns

  • Steps down after 18 days of demonstrations Egyptians celebrate Mubarak's fall
    VicePresident Suleiman reads on TV short statement on resignation

Cairo, Feb.11.─ Hosni Mubarak stepped down as president of Egypt and handed power to the military, bowing to the demands of protesters who have occupied central Cairo for the past three weeks demanding an end to his 30-year rule. Vice President Omar Suleiman made the announcement in a statement on state television today. Bloomberg's Margaret Brennan and Lara Setrakian report on Video.

The 30-second statement on state television was read by Vice President Omar Suleiman at 6:02 p.m. local time:

“Citizens, in these difficult circumstances that our country is going through, President Hosni Mubarak has decided to relinquish the office of the presidency and has instructed the Supreme Council of the armed forces to take over the affairs of the country.”

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