Mubarak Out? The World Waits…

Is Mubarak stepping down in Egypt tonight? The world awaits the answer: Mubarak out? World waits for president’s speech.

State television said Mubarak would speak to the nation Thursday night from his palace in Cairo.

There were unconfirmed reports that Mubarak had left Cairo for the Red Sea resort of Sharm el-Sheikh or gone overseas, but sources told NBC News he was still in the capital. 

The Egyptian army has stepped up taking on a new role as they “declared on state television that it would take measures “to maintain the homeland and the achievements and the aspirations of the great people of Egypt” and meet the demands of the protesters who have insisted on ending Mr. Mubarak’s 30-year rule.”

Whether or not the Egytian army stepping up their role in all off this is a good thing remains to be seen. The Guardian reports: Egypt’s army ‘involved in detentions and torture’.

Meanwhile MSNBC reports on President Obama’s reaction:

President Barack Obama said, “We are witnessing history unfold” in Egypt and vowed the United States would continue to support an orderly and genuine transition to democracy.

MSNBC is streaming live video here and CNN is liveblogging here. Stay tuned as this unfolds with conflicting word on whether Mubarak will resign…

UPDATE: Well there you have it… Mubarak Refuses to Step Down:

President Hosni Mubarak told the Egyptian people Thursday that he would delegate more authority to his vice president, Omar Suleiman, but that he would not resign his post, contradicting earlier reports that he would step aside and surprising hundreds of thousands of demonstrators gathered to hail his departure from the political scene.

It looks as though it’s going to get a whole lot worse before it gets better for the people of Egypt. Via @NickKristof on TWITTER: “Mubarak/Suleiman have insulted the intelligence of the Egyptian people. There will be huge demonstrations as a result.”

More to follow…

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