egypt. you have got moodys downgrading egypt to negative. the estimates for the demonstrations are costing egypt $310 million every day. the estimate of growth has been revised from 3.7% to 5.3% due to the instability. these figures will make it even harder to provide jobs or direct investment and the kind of stability people really want to have in egypt. the new crowd coming in as a huge job. first of all, to restore confidence in the community. if it comes in with an anti- business agenda, everyone will suffer. i had the strong impression -- the military has more companies and factories than any other sector of the economy. they are not exactly immune to what business requires. they may be immune to the kind of legal structure needed to encourage it. in the short-term, there can be shortages. there will be other problems that will come up. i think the military is in a good position to provide stockpiles that are available to take care of these shortages. at least for a time. that will play to their strength. it will also play, however, to the strength of the muslim brotherhood to has a structu

egypt egypt is a country of seven thousand years of recorded history egypt is not a banana republic and easy is going to survive these difficulties and we will come out of it much stronger than many of our. let's say i can't see any means but many of our so-called friends with me and on that note the whole question of extremism is something that my colleague laura image investigated from london. egypt in turmoil young men out on the streets calling for the unity of the muslim nation ruled by sure. but this isn't cairo it's london where young men are also out on the streets calling for an islamic state this is his but an organization linked to terrorist activities throughout the world it's banned in russia and in some arab countries including egypt but in the u.k. it's allowed to operate freely in britain it's very hard in the current legislation to ban here's what i hear the government when they're out power said they were going to i think once they're in power they've seen how difficult it is with the legislation specifically so i think they'll carry on monitoring the groups that won't

think the mass movement in egypt is a movement from national independence to mere colonialism and for democracy if you heard the slogans that were being chanted it was egypt egypt egypt meaning we are fed up of being bullied by foreign powers and forced into peace treaties which don't do was any good and our generals both directly with billions of dollars by the pentagon i think people are fed up of that and they want something different and they have forked for it and they have lost lives three hundred to get transferred died in this struggle thousands were injured they have sacrifice these things and they will not want to give them up too easily how deep then do you think washington will be involved in the upcoming elections. i think that washington will be involved and the big question washington has is nothing should happen to destabilize their permanent israel that is all they're concerned about and they're also concerned about the effects of this are people now on jordan on yemen and who knows even them saudi arabia and bahrain so regardless of what washington wants to try to control the situation because when arab people in the yemen in saudi arabia in b

savvy they can't moving forward is to keep the spotlight on egypt the more we talk about egypt the more the international community looks egypt the more we discuss it the better off egypt will be ok you know just like you and i take a page out of your ideas there when your talking points and go to one about it because i mean i would agree with a lot of things you had to say and there's a microscopic watch on israel and the plight of the palestinians we have the palestine papers the the the the position the suffering of the palestinian people is very. not welcomed obviously in egypt and this is one of the things that's going to come up first is what about gaza and it's the israel the mubarak's foreign policy dealing with the peace process so-called peace process is not popular in egypt at least among rank and file i'm not talking about the military or the security police. that's right well i all the major players in this revolution have affirmed that they would keep the peace treaty with israel that's being talked about as being abolished the muslim brotherhood has even said that it's in egypt's interest and i think a lot of e

revolutionary events of the past few weeks if you heard the slogans that were being chanted it was egypt egypt egypt meaning we are fed up of being bullied by foreign powers and forced into peace treaties which don't do wassa any good and our generals bowl to directly with billions of dollars by the pentagon mubarak is yesterday's man for the us now after thirty years being their top pants man in the arab world when a blind eye was turned in the west to appalling human rights abuses under his rule bigger problem with the us policy and that is cozying up to. dictators in the first place that we really don't need to cozy up to and then when they get into trouble we get into this hypocritical position of supporting an autocratic regime when we're spouting do. i'm a crowded graduate here in the united states mubarak was kept in power by american support and huge payments to making him one of the richest men in the world we had a lot to do with mubarak being in power and staying in power like we subsidize and we own him these our puppet dictator he does what we tell him because he gets so much money he's

people are waiting the egyptian flag, shouting egypt, egypt, long live egypt. a great outpouring of pride among egyptians that have achieved something by demanding but they believed was their right to a democracy, and the president finally listened and stood down. let's just look at these dramatic developments that have unfolded in the past few hours with this report from christian frazier. >> the reaction in the square, the anger and resentment that had spread to every corner of this nation dissipated in a second with these words from the vice president. >> in these grave circumstances that the country is passing through, president hosni mubarak has decided to leave his position as president of the republic and asked the supreme council of the armed forces to run the country. for 18 days, he has shown this the resolve that has kept him in power for 30 years, but now it seems his speech to this square on thursday evening was the final moment. >> i see a brighter future. before that i don't see any beecher. there was no future for us. >> it is the high council of

egypt and it seems the theme was contagious as the call for a new egypt spreads uncontrolled across the western mass media there were one hundred and fifty thousand people in the streets of cairo protesting for democracy this is how democracy happened but what right do u.s. and european leaders have to get involved in what's essentially domestic unrest about dissatisfaction with a ruler who cares what they want in egypt certainly not these demonstrators at the egyptian embassy in london basic or do you feel regime for such a long time. you feel regime and now they are talking about democracy and respect the from the right side of this and to obama's speech. could be sitting on the fence so much. everything is not the same going overboard just saying that's the appearance for a transition where is this peaceful transition there are shades of past conflicts in the world's attitude to the situation in egypt egypt is a sovereign state but what they have always done for the west they've used this humanitarian or good moves they've said oh we can intervene in yugoslavia we can intervene in byelorussia we can put sanctions for example this week so i put sanctions on. on the grounds that they in directions were in some way invalid or there were some irregularities as well they're all sufficient irregularities in the british elections without your knowledge you opinion putting sanctions on barlow it's a compl

egypt. a lot of speculation in the unrest in egypt is being fueled by students groups operating in the region vigilantly mall the book humanitarian imperialism supporting dictatorial regimes is also a form of extremism. i think what we're seeing now is the total collapse of american and western policy in that region and israeli policy in that region which was always to support dictatorship that were supposedly friendly to the west and friendly to israel but of course as you have seen russia seen in eastern europe if your friendly government that unpopular then in the end it turns against you because the people are against you in the government and they're being overthrown and that's what's happening now so you know you can call them extremists if you wander there's nothing you can do about it with real disease these so-called extremist by supporting our own extremism because why isn't it extremist to support a government which is vastly unpopular as mubarak has been for many years and why isn't it extremist to support israel as we have been doing for so many years which is not accepted in the

been doing in egypt is not defending interests as in any other it has been foreign intervention they have this table lies egypt they have co-opted the egyptians they have neutralized egypt egypt has not been allowed to be a sovereign country for three days. kates and this has got to end the egyptian people are making it very clear that we are reclaiming our own sovereignty the fact that the us is a regional power is an international power that doesn't change anything i want to go so i want to go to the region and the people want to go to the region before we after the break before we go to the break what do you what do you how do you reflect upon the debate it we've been having here i mean egypt have the resources itself i mean because outside forces it's i tell me after thirty years more than thirty years of bad experience we should try plan b. now go ahead. you know what this is a group huge challenge facing the egyptian people the odds are stacked against them it's not clear yet that the military is going to see to all the protesters demands a hammer talked about the emergence of the emergency law all the countries around the region are rooting against them in terms

defeat in egypt and shift its focus back to the situation in afghanistan compare afghanistan and pakistan with egypt u. my trailer is what looked. as an abject failure for the u.s. policy in egypt after all these highly appreciated success under mubarak regime egypt has built one of the most professional army is in the region if only as i could have accomplished what mubarak did for egypt he will be praised as it smashing success story for the u.s. policy in afghanistan mobarak regime cost only one point five billion dollars a year compare that to almost seven billion dollars a month to prop up a puppet regime in kabul and now you give the flare that situation in afghanistan is much worse then in egypt and that's why it's high time to concentrate and focus how the united states is going to breach the gap between its democratically service for egypt and legitimizing corruption and drug and warlordism in afghanistan as popular restaurants up northern africa there are fears of a fresh wave of immigrants flocking to the e.u. but the old world is not waiting for them with open arms western leaders one by one admitted the policy of multiculturalism in europe is not working artie's it

egypt could affect the wider region has a pretty groovy. in the future of this relationship it really all depends on what type of government ends up emerging in egypt i think that we can say for certain that this relationship will never be the same unless we see the emergence of a nother dictatorship in egypt very similar to the mubarak regime of course that is what the israelis would like to see their preferable candidate is the newly named vice president in egypt are slim and who they have been working with very carefully and he has been sort of the architect an overseer of the siege of gaza from the egyptian side but it's unlikely that a new government in egypt whatever that government is will be able to ignore the will of the egyptian people in the way that previous governments have. to. offer more analysis i can. all three of the book humanitarian imperialism using human rights to sell war and he joins us live now to brussels that if we can all many thanks for being with us here on see now if mubarak does step down immediately what's likely to fill the power vacuum that will be left behind. or if you don't immediately. we leave. but the question is whether suliman going last because superman is so close to him that they don't know if he can last and then after that nobody knows what w

egypt. egypt traditionally the largest country in the arab world, the leader of the arab world. what happens in egyptill have a very, very loud echo the rest of the region. >> martin fletcher, good talk to you, thanks so much. >>> president obama is weighing in tonight on events in egypt. nbc's mike viqueira has the latest from the white house for us. mike? >> reporter: good evening, lester it has become something of a tradition for the network airing the super bowl to conduct a pregame interview with the president, late today, the president sat down with fox's bill o'reilly, where the subject quickly turned to egypt. and though he has come close in recent days, mr. obama is still not publicly calling for mr. mubarak to immediately step down. >> egypt is not going to go back to what it was. the egyptian people want freedom. they want free and fair elections. they want a representative government. they want a responsive government. and so what we've said is you have to start a transition now. mubarak's already decided he is not running for re-election again. his term is up this year. what we've said i

egypt. egypt is an ancient country. thousands of years of history of the different governmental structures. egypt has a huge impact on the region and egypt has been on the side of the united states since it switched in the late '70s under the president. so in the region now there are pressures from the shiite community from a return to iran. there's the arab/israeli dispute. it's the issue of what we mean by democracy, the relationship between the domestic structure of the government and the capacity to perform internationally. many of the regimes are traditional semifeudal regimes. they have fuj resources. the emergence of the non-state actors that sometimes become as important. and all of this comes together with the egyptian upheaval. >> rose: okay, but what's interesting are two big questions, how they started and who's in the street and what do they represent. that's a big question. and will they prevail is another. one, it went from tunisia to egypt. it l it go to jordan? will it go to yemen? will it go to saudi arabia? will it go to bahrain? >> well, one interesng question that arises out

in egypt alone. -- >> host: in egypt alone? is. >> guest: in egypt alone. >> host: okay. so are people accessing the internet at home or at internet cafÉs? >> guest: i've given you the picture of people who have a laptop and a home phone which is going to be a relatively small community of people, but there are internet cafÉs on every corner. >> host: and the majority of people access, get information from the internet. >> guest: yes. a colleague of mine that works for the united nations development program in egypt said 80 or 90% of all egyptians get their access through a public access point, an internet cafÉ or a telecenter. that was in 2004, so things might have changed since then. >> host: now, in the middle east what's the percentage of people using the internet? >> guest: yeah, very good question. and i've been trying to do case study analysis to try and find that out. and the reason is because if 80% of the public is going online at a public access point, that gives you an ip address, you know, maybe five for the computers in that cafÉ, but maybe 100 or 200 people

egypt. the bank of abu dhabi pulled its 12 branches, the moody's ratings, standard pauling's have now been downgraded, so this spells economic crisis for egypt and egypt was already in the economic crisis before the protest with the rising cost of food, gas, etc.. >> in a country like egypt power to most people access the internet? >> good question. the government -- i started writing about this in 2007 when i spent time in egypt. in those early days with this was about was getting information technology into people's hands, treating them for the knowledge economy and strong yen to bring in foreign direct investment, not just for the whole country but for those select few who would be a part of the e commerce wave. as part of the process, the government of egypt tella centers, small community access points throughout the country including in poor areas, and then trying to train people for the jobs, etc.. once that happened, things were starting to grow in terms of internet access, but the thing that really changed things the most is that the government established these 777 numbers so you could use your home phone and your laptop or computer and just

egypt. egypt is set to dominate the security conference in munich able to see the historical russia u.s. nuclear treaty finally coming to a full. and political correctness. shows how a growing number of americans are getting. a live from moscow it's good to have you with us. for the speech of the russian foreign minister. who was attending the annual security conference in munich more to come on that in just a few moments from now though the deadline set by protesters in egypt country's president to step down has now passed but there has been no word from the man himself more than one million people gathered in cairo to central square on friday to demand hosni mubarak's resignation. from kyra. well it really has turned into a waiting game between what some have dubbed the forces of democracy and the presidency of course the mubarak thousands of protesters remain out on the streets the focal point as we enter now the twelfth day of demonstrations the focal point being the toughest square in downtown cairo but some demonstrations are taking place in in alexandria and the official word from the government is that eleven people have been killed in nearly two weeks of violence but human rights.

egypt. egypt's military is opening the door to the muslim brotherhood as army leaders try to move their country toward open government. the military is allowing the brotherhood, a group that calls for the creation of an islamic state in egypt to participate in the new political structure and help shape the constitution. but in a move to ease fear that it seeks power, the brotherhood promises not to field a candidate for president. >>> meanwhile, following protests in iran, president mahmoud ahmadinejad says calls for freedom there were a western conspiracy. the iranian parliament issued a threatening warning calling for the execution of protest leaders. >>> in nearby bahrain there have been three days of demonstrations in favor of a regime change. two people there have died. this morning, there are signs that for the first time the unrest has spread to libya. reports say hundreds of anti-government protesters clashed with police and government supporters overnight in libya's second largest city. >>> cbs news announced yesterday that the network's chief foreign correspondent lara logan has been hospitalized in the united states after having received what cbs called, quote, a brutal and sustained sexual assault and beating i