Hosni Mubarak Stands Down as President (Updated with More Detailed Report)

Al Jazeera headline. More soon.

I knew something happened when all the stocks on my screen started to jump (except of course, gold and silver stocks - thank you JPMorgue).

(Update)
Hosni Mubarak resigns as president (2/11/2011 Al Jazeera)

Egyptian president stands down and hands over power to the Supreme Council for the Armed Forces.

Hosni Mubarak, the Egyptian president, has resigned from his post, handing over power to the armed forces.

Omar Suleiman, the vice-president, announced in a televised address that the president was "waiving" his office, and had handed over authority to the Supreme Council of the armed forces.

Earlier, massive crowds have gathered across Egypt, including hundreds of thousands of protesters in and around Cairo's Tahrir [Liberation] Square, calling for Mubarak to stand down.

Pro-democracy activists in the Egyptian capital also marched on the presidential palace and state television buildings on Friday, the 18th consecutive day of protests.

Watch and hear the crowd in loud celebration in Tahrir Square with Al Jazeera Live Feed.

Egyptians wanted their country back, they're finally getting it back. THEY'VE DONE IT!

Now please don't ever lose it again.

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