Egypt's President Mubarak Will Not Resign. Tranfers Powers To Vice President

Egyptian President Mubarak

Mubarak Tells Egyptians He Will Remain in Office For Now -- Voice of America

Egypt's President Hosni Mubarak said in a national address Tuesday evening that he will not step down until a new president is selected in elections scheduled for September.
Saying a peaceful transfer of power is underway, Mr. Mubarak refused to give in to demands of tens of thousands of anti-government protesters who took to the streets for a 17th straight day.

It is the second time in two weeks that Mubarak told the nation he will stay in office until September.

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More News On Egyptian President Mubarak Decision To Not Stepping Down

Hosni Mubarak Doesn't Resign, Cairo's Tahrir Square Erupts with Anger -- ABC News
Egypt's Mubarak transfers power to vice president -- Yahoo News/AP
Egypt's Mubarak says transition to last until September -- Yahoo News/AFP
Mubarak: I'll delegate powers to vice president -- MSNBC
Egypt's Mubarak refuses to quit -- BBC
Mubarak Remains Defiant, Says He Won't Step Down -- CBS News

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