Egypt Exhales Upon Strong Indication of Mubarak’s Resignation

Egyptian protesters in Tahrir Square are jubilant in light of the news that President Hosni Mubarak will be stepping down.

According to CNN:

Mubarak has agreed to yield power to his vice president, a senior U.S. official told CNN, citing contacts within the Egyptian government. The official, speaking on condition of anonymity because of the sensitivity of the information, tempered his remarks by saying: “We need to see it happen.” But the official said the information came from reliable and ranking officials in the Mubarak regime. Asked when the transfer of power might take place, the official said: “We are told soon is the plan.”