Showing posts with label President Hosni Mubarak. Show all posts
Showing posts with label President Hosni Mubarak. Show all posts

Sunday, February 13, 2011

How a family made billions - Switzerland freezes assets

NEW YORK: In his first speech to the country, the new president of Egypt promised ‘not to commit myself to what I cannot implement, hide the truth from the people, or be lenient with corruption and disorder.’
undefined
President Mubarak (second right) and first lady Suzanne with
their two sons, Gamal (right) and Alaa (second left),
and the latter's wife Heidi al-Sakher (far left) in the Ittihadeya
Palace in Cairo
That was Hosni Mubarak in 1981, taking the reins of his proud country in the wake of Anwar Sadat’s assassination and expressing a determination to steer Egypt in a new direction. During a crackdown on profiteering by politically-connected wealthy businessmen, Sadat’s half-brother and his sons were jailed and handed steep fines. Several dozen prominent members of Sadat’s circle were slapped with criminal charges for misusing their power and other corrupt practices. Mubarak was known for his ‘rigid personal probity,’ according to a 1990 New York Times profile, which noted that ‘his family has not profited from his office.’

But over the last 20 years, Mubarak, his family and his close circle of advisers have enriched themselves through partnerships in powerful Egyptian companies, profiting from their political power, according to numerous reports. The 82-year-old leader and his two sons also wield the levers of the government, including the military and the country’s preeminent political party, to reward friends and punish enemies.

Mubarak — who stepped down on Friday in the wake of massive protests that have gripped Cairo and Alexandria for weeks — and his family have a net worth of at least $5 billion, analysts tell The Huffington Post. Recent media reports pegging the family fortune at between $40 and $70 billion are considered to be exaggerated.

Much of their fortune has reportedly been invested in offshore bank accounts in Europe and in upscale real estate. On Friday, Switzerland froze accounts possibly belonging to Mubarak and his family, a spokesman told Reuters, under new laws governing ill-gotten gains. Last month, the Swiss froze the accounts of Mubarak’s ally, ousted Tunisian president Zine El Abidine Ben Ali, whose overthrow inspired the first protests in Cairo.

The Mubarak family reportedly owns properties around the world, from London and Paris to New York and Beverly Hills. In addition to homes in the Red Sea resort of Sharm al-Sheikh and the upscale Cairo district of Heliopolis, they also have a six-story mansion in the Knightsbridge section of London, a house near the Bois de Bologne in Paris and two yachts.

Largely through Mubarak’s two sons, Gamal and Alaa, the family controls a network of companies that earn money through concessions wrangled from foreign companies that do business in Egypt, according to prominent businessmen and ‘Corruption In Egypt: The Black Cloud Is Not Disappearing,’ an investig-ative report compiled in 2006 by a coalition of opposition groups.

The wealth of the Mubarak family and other elites stands out in a country where millions toil as low-wage laborers, high rates of inflation make it harder for those aspiring to a middle-class lifestyle and unemployment is a persistent problem — half of all Egyptian men don’t have a job and 90 percent of females remain jobless two years after graduating college, according to a recent Congressional Research Service report.

Source: Daily Sun (Bangladesh)

Friday, February 11, 2011

Breaking News: President Mubarak Steps Down, Flees Egypt

spec_rpt_MUBARAK_209_copy_244x183.jpg (244×183)Egypt's Vice President Omar Suleiman announced today that Hosni Mubarak has stepped down as president of Egypt in the midst of protest and civil unrest that hit a fever pitch yesterday after his initial refusal to leave office.
CNN reports that the controversial leader left Cairo and fled to Sharm el-Sheikh, a resort town in Sinai, leaving Suleiman in charge.
In his address to the nation yesterday, he pledged to restore the country that has been ravaged by violence and demonstrations for the last few weeks. Protestors turned hostile during his speech when he gave no indication of leaving his office. (See the story)
Reports say, upon hearing the announcement of Mubarak's resignation, Egyptians rejoiced in the streets, chanting, "Egypt is free!"


Source: beliefnet

Egypt Army Sides With Mubarak, Massive Rally In Cairo

Egyptian military today came out in support of a beleaguered President and asked protesters to go home, assuring them of free and fair elections in September and the lifting of a much-hated emergency law, in a stand that caused widespread disappointment among the people who pledged to take their campaign to its 'final stage'.
As the powerful military unexpectedly threw its weight behind the President, tens of thousands of angry people converged again on the streets and vowed to take the protest to the "doorsteps of political institutions".in what was labelled as a 'Farewell Friday', huge rallies snaked into the city centre after the Friday prayers, and many parts of the country observed a shutdown with textile workers, journalists and transportation workers walking out of work and some joining the protesters.
undefined


As Mubarak dashed hopes of millions of his countrymen and global expectations by refusing to step down, the military Supreme Command Council met twice in less than 24 hours before announcing that it supported Mubarak's move to transfer some of his powers to Vice President Omar Suleiman.

Egyptian state-television interrupted its programme to read out the Council's "communique number 2" in which it vowed to lift the much-criticised emergency laws in the country, without specifying a date and said it would guarantee 'free and fair elections' in September, as outlined by Mubarak. But, in what appeared to be a warning to protesters, who for 18 days have been calling Mubarak to stand down after three decades in power, the military asked them to go home and get back to work.

The Council meeting presided over by Defence Minister Hussein Tantawi said it had agreed to "lift emergency law as soon as the current circumstances were over" and to hold "free and fair presidential elections based on constitutional amendments".

The communique said it would not take action against those calling for reforms but warned against any harm to the security of the nation.

The Army also asked the workers unions who have been on wildcat strikes for the last two days to go back to work. People, who were anticipating a more favourable
statement, were disappointed by the stand taken by the Army and vowed to carry their struggle to the last stage.

Labelling today's march, in which a call was given for millions to come onto the streets, as a 'Farewell Friday', hordes of people also started converging on Mubarak's Abedeen Palace and the state-television office, vowing to take the struggle to the "doorsteps of the political institutions", Al Jazeera reported.

As hundreds of people surrounded the radio and television building in Cairo, which they see as a mouthpiece of Mubarak's regime, some reports said several employees of the state television had quit jobs.

In a significant boost to the marchers, leading clerics of the Al Azhar mosque also joined their ranks after the Friday prayers.

Last night, a defiant Mubarak refused to step down immediately under any outside diktat and asserted that he will bow out only by September in a peaceful transition of power. Confounding reports that he was planning to hand over power to his Vice President Suleiman, a grim-looking 82-year-old Mubarak in a televised address said, "I will not accept to listen to matters dictated by countries abroad."

"I will remain adamant to shoulder my responsibility, protecting the constitution and safeguarding the interests of Egyptians (until the next elections)," he said, ignoring US President Barack Obama's suggestion to start the process of transition "now".

Expressing disappointment over Mubarak's announcement, Obama asked the Egyptian leader to explain in "clear and unambiguous language the step by step process that will lead to democracy in the country."

The people at Tahrir Square reacted angrily to Mubarak's refusal to quit and took off their shoes and waved them at a giant TV screen showing his speech, shouting "Leave, leave!"

'Down with Mubarak', they chanted as hopes about Mubarak's resignation had run high after the military leadership had announced hours earlier that it would step in
to ensure the country's security and see that the people's "legitimate" demands were met.

The build up for a celebrations turned into one of despair and widespread anger, and the protesters at Tahrir Square, shouted "donkey, leave!" Mass nationwide protests calling for Mubarak to step down erupted on January 25, leaving at least 300 people dead and scores more injured.

The protests, that have shaken the Arab world, have led to a major shake up in Egypt's ruling National Democratic Party, and an agreement on constitutional reforms between the regime and the opposition, but these developments have been shrugged off by the protesters as too little.

The Egyptians have said they will accept nothing less than Mubarak's departure. PTI


Mubarak Flees Cairo for Sharm el-Sheikh


undefined
Egyptian President Hosni Mubarak has temporarily left Cairo, a day after transferring some power to Vice President Omar Suleiman in an effort to quell weeks of protests, CBS News has confirmed.
The embattled ruler left the capital for the Red Sea resort city of Sharm el-Sheikh. He is not expected to stay there indefinitely but will return to Cairo. Reports that he has fled the country for a safe haven elsewhere in the Arab world - or for medical care in Europe - are inaccurate, sources told CBS News.
Mubarak reportedly left during or immediately after his speech to the nation last night, which was taped in advance. Anger has flared on the Egyptian streets following the speech.
Mubarak was widely expected to announce he was stepping down Thursday. Instead he said he would transfer some unspecified powers to Vice President Omar Suleiman and remain president until elections in September. As Mubarak's speech was broadcast, premature victory celebrations among protesters in central Tahrir Square turned to bafflement, dismay, and rage.
Mubarak's concessions seem like a half-measure - at best - to demonstrators who want nothing less than his complete removal from power. Even the installation of Suleiman is distasteful to many. Suleiman is seen in Egypt and abroad as an establishment figure and close ally not fundamentally different from Mubarak.
The Egyptian military on Friday endorsed Mubarak's plan to stay in office Friday while protesters fanned out to the presidential palace in Cairo and other key symbols of the authoritarian regime in a new push to force the leader to step down immediately.
The statement by the Armed Forces Supreme Council -- its second in two days -- was a blow to many protesters who had called on the military to take action to push out Mubarak after his latest refusal to step down.
But soldiers also took no action to stop demonstrators from massing outside the palace and the headquarters of state television, indicating they were trying to avoid another outbreak of violence.
Anti-government protesters said they were more determined than ever as the uprising entered its 18th day.
CBS News correspondent Terry McCarthy reported that "some of the biggest crowds Cairo has ever seen" were gathering in Tahrir Square, the focal point for the nearly three-week protest movement.
In nearby Heliopolis, CBS News' Amjad Tadros saw hundreds of protesters around the presidential palace. The palace was protected by four tanks and rolls of barbed wire, but soldiers were doing nothing to stop demonstrators from joining the rally and chanting anti-Mubarak slogans.
There were, however, several reports from Arab networks that clashes had broken out between anti-government protesters and Mubarak supporters.
The military also promised that the hated emergency laws, in force since Egypt's authoritarian ruler came to office in 1981, would be lifted and gave a somewhat more specific timeframe than Mubarak had offered in his Thursday night speech.
But CBS News national security correspondent David Martin reports, however, that the powerful military's unwillingness to act decisively against Mubarak on Thursday spoke for itself.

Source: CBS News

Monday, February 7, 2011

Egypt government struggles to finance itself

The Egyptian government is struggling to finance itself as foreign investors pull out and the currency drops.

It had to scale down a bond auction on Monday as state-owned banks failed to stump up enough cash.
Although banks have now reopened, there is a
limit on how much Egyptians can withdraw


Meanwhile, the Egyptian pound fell to a six-year low as investors pulled money out of the country, although the fall was less than expected.
Although banks have reopened their doors, the stock exchange will now remain closed until at least Sunday.
The government said that trading on the exchange would still be subject to unspecified new measures once it finally reopens.

Surprisingly stable


Although the government's finances during the crisis remains problematic, they appear to have stabilised since last week.
The cost of insuring against an Egyptian government default fell in international markets.
Meanwhile, Egyptian companies whose stocks are also listed in London - where trading has continued - saw their share prices bounce back.
The Egyptian stock market had dropped 17% in the two days prior to its closure on 27 January.
The Egyptian pound has also proved more resilient than expected, with the market effectively reopened over the weekend as Egyptian banks were allowed to trade again.
The dollar has gained just 2.3% against the Egyptian currency since the protests began on 25 January.
Although the central bank has not yet intervened to steady the currency, there are market rumours that the state-owned banks have been doing so instead, by selling their dollars to buy Egyptian pounds.

Cash shortfall

It comes after the banks were required to reopen their doors on Sunday, resulting in queues of customers seeking to withdraw cash for the first time in over a week.
In a bid to preempt any run on the banks by big depositors, individual withdrawals have been limited to 50,000 Egyptian pounds ($8,400), and up to $10,000 in foreign currency.
Yet despite this limit on their cash outflows, and despite selling their dollars, the banks were reportedly unwilling or unable to come up with all of the E£15bn sought by the government at a treasury bills auction on Monday.
With foreigners having pulled out of the market altogether during the crisis, the government was forced to reduce the amount it planned to borrow by at least E£1bn, according to the Reuters news agency.
Its borrowing cost in the auction was said to be about 11% - 1.5 percentage points higher than before the protests began.
It comes after the government was forced to cancel its previous debt raising exercise at the height of the crisis last week.

Family fortune

Meanwhile speculation has arisen as to the personal wealth of President Hosni Mubarak and his family.
With his son Gamal (left) already stripped of power,
analysts speculate how much the Mubaraks will
have to fall back on if the President (right) also goes
The ABC television network in the United States ran a report suggesting the Mubarak family fortune is as high as $70bn (£43bn).
The figure would make them as rich as Mexican tycoon Carlos Slim and Microsoft billionaire Bill Gates put together.
The family is believed to own properties in Manhattan, Beverley Hills, California and London's upmarket Belgravia area.
The Mubaraks are also reported to have large cash deposits in banks in Britain and Switzerland, and to have invested heavily in hotels and tourist businesses on the Red Sea.

Source: BBC

Saturday, February 5, 2011

Egypt's President Mubarak Quits Ruling Party


Egyptian president Hosni Mubarak has resigned as the head of the country's ruling party, according to reports.

A man protests against Hosni Mubarak in Times Square,
New York
State TV says the top leadership body of Egypt's ruling party, including the president's son Gamal Mubarak and the party secretary-general Safwat el-Sharif, resigned Saturday in a new gesture apparently aimed at convincing anti-government protesters that the regime is serious about reform.

Protesters have shrugged off other concessions by the regime in the past 12 days of unprecedented street demonstrations, saying they will settle for nothing less than the immediate ouster of President Hosni Mubarak, Egypt's ruler for nearly 30 years.

State TV said the ruling party's six-member Steering Committee of the General Secretariat stepped down and was replaced. The council was the party's highest decision-making body, and el-Sharif and other outgoing members were some of the most powerful — and to many Egyptians, unpopular — political figures in the regime.

El-Sharif was replaced by Hossam Badrawi, a party figure who had been sidelined within its ranks in recent years because of his sharp criticisms of some policies.

The new appointments to the body were largely young figures, one of the replacements Mohammed Kamal told The Associated Press. "It's a good change. It reflects the mood of change that is sweeping the country," he said.

Gamal Mubarak, who was a member of the Steering Committee, was widely seen as being groomed by his father Hosni Mubarak to succeed him as president. But Vice President Omar Suleiman promised earlier in the week that Gamal would not run for president in elections due in September.

The younger Mubarak was also head of the party's powerful policies committee, where for the past decade he led a campaign of economic liberalization. State TV said Gamal was also removed from that post and replaced by Badrawi.

The announcement was greeted with scorn by some of the tens of thousands of protesters gathered in Cairo's Tahrir Square. Wael Khalil, a 45-year-old activist, said it would "reinforce their (protersers') resolve and increase their confidence because it shows that they are winning, and the regime is retreating inch by inch."

Source: AP


A reported 100,000 protesters in a country of 80 million - less than 1/10th of 1 percent. Not a very strong protest. But May Be it was well enough for this kind of Protest. And the Protestors has proved that.


Some instant reactions: 


Anonymous-1:
Im just curious, does this mean that if we brits form a protest of 100000 people demanding david cameron step down as PM he would do so! or even obama?, i really dont think so. Just a few months ago we had massive unrest in london about student fees, did the PM listen to the will of the people NO.. How hypocritical! how very hypocritical
Anonymous-2:
Please please please. Can we not for once just mind our own business. I am sick of switching on the tv or radio because all I will hear is about Egypt. I personally could not care less about Africa as a whole and if Obama and Cameron think they can change the way they have lived for thousand of years they are kidding themselves. What I can see as the outcome of this shambles is thousands more immigrants pouring into this country which by the minute is getting deeper and deeper into debt.



Source: Sky News and Own Desk

Wednesday, February 2, 2011

Photos of Egypt Protest

Source: Al Jazeera


undefined


File 4820

File 4816


Sunday, January 30, 2011

Analysis: Egyptian army holds key to Mubarak's fate


(Reuters) - Egypt's military wants to survive, not to be swept away in what looks like the imminent collapse of President Hosni Mubarak's ruling apparatus.
So will the generals hasten his exit as their Tunisian counter-parts did in persuading former President Zine al-Abidine Ben Ali to flee the country on January 14 after weeks of protests?
The armed forces' response to the earthquake of unrest shaking Egypt for the past six days has been ambivalent.
Troops now guard key installations after police lost control of the streets, but have neglected to enforce a curfew and have often fraternized with protesters, rather than confronting them.
Soldiers stood by tanks sprayed with slogans like "Down with Mubarak. Down with the despot. Down with the traitor. Pharaoh out of Egypt. Enough." Asked to explain, one soldier said: "These are written by the people. It's the views of the people."
Mubarak, clinging to power as his legitimacy vaporizes, on Saturday named his intelligence chief, Omar Suleiman, a former military man, as vice-president, a post vacant for 30 years.
He also appointed former airforce commander Ahmed Shafiq as prime minister after sacking the entire cabinet.
But it remains to be seen whether the military men now in charge will keep the 82-year-old Mubarak in power, or decide he is a liability to Egypt's national interests -- and their own.
Paul Salem, director of the Carnegie Endowment's Middle East Center in Beirut, noted that the "whole ship of state" foundered in earlier upheavals, such as the 1979 overthrow of Iran's shah or the ouster of Iraq's Saddam Hussein by U.S. invaders in 2003.
"Events in Tunisia have shown quite the opposite," he wrote in a commentary. "Indeed, the army realized that to save itself it had to send the ruler away rather than stand by him.
"The lesson that getting overly involved in politics might weaken military institutions rather than strengthen them is a lesson that was learned by most military establishments around the world in past decades -- including the Turkish military.
"We hope it is being learned among Arab military officials as well, particularly in Egypt," Salem wrote.
HEART OF POWER
Egypt's sprawling armed forces -- the world's 10th biggest and more than 468,000-strong -- have been at the heart of power since army officers staged the 1952 overthrow of the monarchy.
All four Egyptian presidents since then have come from the military, now led by Field Marshal Mohamed Hussein Tantawi, 75. It benefits from about $1.3 billion a year in U.S. military aid.
Egyptians tend to revere the military, less associated with daily repression than the police and security agencies, which leaked U.S. diplomatic cables say have grown into a vast force of 1.4 million since the failed Islamist revolt of the 1990s.
Yet the crowds flooding the streets clearly have no desire to see Mubarak's three decades of authoritarian rule replaced by a military line-up featuring his closest cronies.
Mubarak met his top commanders on Sunday, state television showed, in another indication that he sees the military as his only hope as the other pillars of his establishment crumble.
His widely discredited political machine, the National Democratic Party, symbolically went down in flames when demonstrators torched its Cairo headquarters on Friday.
A business elite, seen as the main beneficiary of Egypt's liberal economic reforms, can offer no bulwark against the outpouring of anger fueled by the government's failure to listen to popular political, economic and social grievances.
NO SCRUTINY OF MILITARY
The military is notoriously opaque. Reporting on it remains taboo, even in the much more vibrant media scene that has blossomed in Egypt in recent years. Little is known about its substantial land holdings, huge economic interests or budget.
"The idea that the military remains a key political and economic force is conventional wisdom here," said a U.S. diplomatic cable from July 2009 released by WikiLeaks on Friday.
"However, other observers tell us that the military has grown less influential, more fractured and its leadership weaker in recent years," the cable from the U.S. embassy in Cairo said.
Nevertheless, the military may see its duty now as ensuring an orderly transition to an undefined new political order.
Among the many imponderables of the extraordinary turmoil is a possible disconnect between the generals in Mubarak's circle and the sentiments of the soldiers on the streets.
"It's one of those moments where, as with the fall of communism in Eastern Europe, it can come down to individual lieutenants and soldiers to decide whether they fire on the crowd or not," said Rosemary Hollis, Middle East expert at London's City University.
The army quelled bread riots in Egypt in 1977 and halted a rampage by policemen over pay in 1986, but the scale of the past week's uprising across the country dwarfs those events.
Until recently, most speculation about Egypt's military centered on its attitude to Mubarak's supposed -- and often denied -- ambitions to hand over the presidency to his son Gamal, a businessmen and politician with no military background.
Suleiman's appointment as vice-president and the manifest popular hostility to Gamal have put that question to bed.
Presidential elections are due in September, but many Egyptians are hoping the incumbent will be long gone by then.
"Mubarak, Mubarak, the plane awaits," protesters chanted.

Source: Reuters

Egypt's Mubarak faces crisis as protesters defy curfew


(Reuters) - President Hosni Mubarak, clinging on despite unprecedented demands for an end to his 30-year rule, met on Sunday with the military which is seen as holding the key to Egypt's future while in Cairo, protesters defied a curfew.
Secretary of State Hillary Clinton said the United States wanted an "orderly transition" through free and fair elections in its key ally and the Arab world's most populous nation.
An earthquake of unrest is shaking Mubarak's authoritarian grip on Egypt and the high command's support is vital as other pillars of his ruling apparatus crumble, political analysts said as protests ran on through a sixth day.
As thousands gathered in the streets, unmolested by patient troops in their American-built tanks, the fragmented opposition gave a sign of coming together. Nobel peace laureate and retired international diplomat Mohamed ElBaradei said he had been given a mandate to reach out to the army and build a new government:
"Mubarak has to leave today," he told CNN before joining thousands of demonstrators in central Cairo's Tahrir Square.
"The people want the regime to fall!" the crowd chanted.
Clinton told Fox News: "We want to see an orderly transition so that no one fills a void ... We also don't want to see some takeover that would lead not to democracy but to oppression and the end of the aspirations of the Egyptian people." As many as 10,000 people protested in Tahrir Square, a rallying point in the center of Cairo, to express anger at poverty, repression, unemployment and corruption.
As the curfew started and was ignored, warplanes and helicopters flew over the square. By late afternoon more army trucks appeared in a show of military force but no one moved.
"Hosni Mubarak, Omar Suleiman, both of you are agents of the Americans," shouted protesters, referring to the appointment on Saturday of intelligence chief Suleiman as vice president, the first time Mubarak has appointed a deputy in 30 years of office.
It was the position Mubarak, 82, held before he become president and many saw the appointment as ending his son Gamal's long-predicted ambitions to take over and as an attempt to reshape the administration to placate reformists.
Mubarak held talks with Suleiman, Defense Minister Mohamed Hussein Tantawi, Chief of Staff Sami al-Anan and others.
Clearly those in Tahrir Square did not wish to see Mubarak's ruling structure replaced by a military line-up featuring his closest associates. "Mubarak, Mubarak, the plane awaits," they said. There was also a big protest in Alexandria.
A senior figure in the Muslim Brotherhood, the banned Islamist group that has long seemed the strongest single force against Mubarak, said it backed ElBaradei as negotiator.
The Muslim Brotherhood has stayed in the background although several of its senior officials have been rounded up. The government has accused it of planning to exploit the protests.
SHOCKWAVES AROUND MIDDLE EAST
The turmoil, in which more than 100 people have died, has sent shock waves through the Middle East where other autocratic rulers may face similar challenges, and unsettled financial markets around the globe as well as Egypt's allies in the West.
In Tunisia, the detonator of the regional movement, an exiled Islamist leader was welcomed home by thousands on Sunday. In Sudan, Egypt's southern neighbor, police beat and arrested students taking part in anti-government protests in Khartoum.
For Egyptians, the final straw seems to have been parliamentary elections in November last year, which observers said authorities rigged to exclude the opposition and secure Mubarak's ruling party a rubber-stamp parliament.
The military response to the crisis has been ambivalent. Troops now guard key buildings after police lost control of the streets, but have neglected to enforce a curfew, often fraternizing with protesters rather than confronting them.
It remains to be seen if the armed forces will keep Mubarak in power, or decide he is a liability to Egypt's national interests, and their own. It was also unclear if Mubarak had decided to talk with the generals or if he was summoned by them.
It was Tunisian generals who persuaded former President Zine al-Abidine Ben Ali to flee last month after weeks of protests.
In Suez, on the canal, one senior local officer, Brigadier Atef Said said his troops would give protesters a free voice:
"We will allow protests in the coming days," he told Reuters. "Everyone has the right to voice their opinion. We're listening and trying to help and satisfy all parties. We're not here to stop anyone. These are our people."
The crisis deepened on Sunday with Egyptians facing lawlessness on the streets with security forces and citizens trying to stop rampaging looters.
Through the night, Cairo residents armed with clubs, chains and knives formed vigilante groups to guard neighborhoods from marauders after the unpopular police force withdrew following the deadly clashes with protesters.
As a result the army has deployed in bigger numbers across Egypt, easing some of the panic over law and order. In central Cairo, army check points were set up at some intersections.
"The armed forces urged all citizens to abide by the curfew precisely and said it would deal with violators strictly and firmly," state television issued a statement.
Residents expressed hope the army, revered in Egypt and less associated with daily repression than the police and security agencies, would restore order.
Army tanks and tracked vehicles stood at the capital's street corners, guarding banks as well as government offices including Interior Ministry headquarters. State security fought with protesters trying to attack the building on Saturday night.
TANKS SPRAYED WITH SLOGANS
In surreal scenes, soldiers from Mubarak's army stood by tanks covered in anti-Mubarak graffiti: "Down with Mubarak. Down with the despot. Down with the traitor. Pharaoh out of Egypt."
Asked how they could let protesters scrawl anti-Mubarak slogans on their vehicles, one soldier said: "These are written by the people, it's the views of the people."
Egypt's sprawling armed forces -- the world's 10th biggest and more than 468,000-strong -- have been at the heart of power since army officers staged the 1952 overthrow of the king. It benefits from about $1.3 billion a year in U.S. military aid.
Egypt's military appears to be showing restraint and there is no talk at this time about halting U.S. aid to Egypt, Clinton told ABC on Sunday.
Egyptian state television largely ignored protests until Friday, the biggest day when a curfew was announced. Since then it has given more coverage but has focused on disorder and shown pictures of small protests, not the mass gatherings.
The government has interfered with Internet access and mobile phone signals to try and disrupt demonstrators' plans.
TUMULT HITS TOURISTS
The tumult was affecting Egypt's tourist industry and the United States andTurkey said they were offering evacuation flights for citizens anxious to leave. Other governments advised their citizens to leave Egypt or to avoid traveling there.
The United States and European powers were busy reworking their Middle East policies, which have supported Mubarak, turning a blind eye to police brutality and corruption in return for a bulwark against first communism and now militant Islam.
Israeli Prime Minister Benjamin Netanyahu said Israel was closely watching events in Egypt, the first Arab country to sign a peace treaty with the Jewish state in 1979. It has served a key role in Israel-Palestinian peace talks.
"This is the Arab world's Berlin moment," said Fawaz Gerges of the London School of Economics, comparing the events to the fall of the Berlin Wall in 1989. "The authoritarian wall has fallen, and that's regardless of whether Mubarak survives."

Source Reuters