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.

Read more ....

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
Mubarak to Hand Over Authority to Vice-President, Arabiya Says -- Bloomberg
Defiant Mubarak vows to stay in office until Sept. elections -- USA Today
Mubarak confirms he will stay in office -- Globe And Mail/AP
Egypt army to act if protesters refuse handover plan: report -- Reuters