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Mubarik steps down

CAIRO, Feb 11, (Agencies): Egypt exploded with joy, tears, and relief after President Hosni Mubarak resigned as president, forced out by 18 days of mass protests that culminated in huge marches Friday on his presidential palaces and state television. The military took power after protesters called for it to intervene and oust their leader of three decades. “The people ousted the regime,” rang out chants from crowds of hundreds of thousands massed in Cairo’s central Tahrir Square and outside Mubarak’s main palace several miles away in a northern district of the capital. The crowds in Cairo, the Mediterranean city of Alexandria and other cities around the country danced, chanted “goodbye, goodbye,” and raised their hands in prayer in an ecstatic pandemonium as fireworks and car horns sounded after Vice President Omar Suleiman made the announcement on national TV just after nightfall.

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Only Insurance Policy Now Is To Satisfy Your Own People’


DUBAI, Feb 12, (RTRS): Gulf Arab rulers, eyeing the fall of a fellow US-ally in Egypt, have lost a longheld sense of invulnerability to popular unrest and will only survive the immediate crisis if they offer concessions to their populations.
From oil behemoth Saudi Arabia to majority-Shiite Bahrain and sleepy Oman, Gulf governments may be forced to offer political and economic reforms to prevent unrest from reaching their shores.But they will also not hesitate to use force to stifle dissent if needed to maintain their hold on power.

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