It has been reported that President Mohamed Morsi has deliberately rejected the dictate of Egyptian army that would eventually force a crisis on political regime as most of his cabinet ministers have accepted the resignations. It has naturally crippled the paradigm of Egyptian economy and created 48 hrs long deadlines in the multifaceted disciplinary actions […]
The President of Egypt Hosni Mubarak just left Cairo temporarily and flew for the Red Sea resort city of Sharm el-Sheikh. His sudden departure occurred a day after he transferred some authority to Vice President Omar Suleiman following the continuous protests that were going on for weeks in the country.
Finally, the curtain has been drawn. The Egyptian President Hosni Mubarak has resigned. In an official statement, Vice President Sulaiman said that Mubarak has relieved himself from the post of Presidency and has handed over power to the military. He has asked the military to run the country.
Adding woes to worries, thousands of workers have gone on strike in Egypt making the economy further crippled. Their demands include increased pay, benefits among the anti government protests that is already rocking the nation.