Egypt : President Hosini Mubarak resigns
Hosni Mubarak steps down as president of Egypt, after weeks of protest by anti-government demonstrators in Cairo and other cities.
"Around Cairo, drivers are honking their horns in celebration and guns are being fired into the air. The huge crowds are rejoicing. However, the army takeover looks very much like a coup. The constitution has been breached. Officially, the speaker of parliament should be taking over. Instead it is the army leadership. Egypt moves into a very uncertain future."
The BBC's Jon Leyne in Cairo says: "The announcement took everyone by surprise and caused immediate and riotous celebration in Tahrir Square."
According to article 84 of the Egyptian constitution, if the president steps down, the speaker of the People's Assembly shall temporarily assume the presidency. Secondly, a new president shall be chosen within a maximum period of 60 days from the date of the vacancy of the presidential office. It is not clear if this will apply if the Higher Military Council is in charge of the nation's affairs.