Thursday, February 10, 2011

Reports: Mubarak Stepping Down?

The New York Times reports that Egypt's strongman President Hosni Mubarak may step down as early as today. The Egyptian Army, a respected institution in Egypt, is reportedly brokering a deal with Mubarak to cede power, perhaps to his Vice President, Omar Suleiman, although it's unclear. According to the report:
"...the military’s chief of staff, Sami Anan, made an appearance in Tahrir Square, where he pledged to safeguard the people’s demands and their security. Thousands of protesters roared in approval.

Gen. Hassan al-Roueini, military commander for the Cairo area, also appeared in Tahrir Square and told the demonstrators, 'All your demands will be met today,' the Associated Press reported."

As the report states, there is confusion how the military would interact with civilian authority. But it seems evident that Mubarak's departure is imminent, and that's good for Egypt's long-term political and economic viability.

UPDATE: Looks like Hosni needs a heave-ho. He's turning some power over to Suleiman, but staying on until September. Doesn't look good for tomorrow.