so they're not giving in. >> woodruff: samer shehata, when you listened to president mubarak, did you hear anything different, anything out of character for him? >> there was a little bit of out of character statements. i mean it was interesting that he began immediately by expressing some sadness about the death of the protestors. and he also said and confirmed, supposedly, but of course no one believes this, his commitment to peaceful protest and the right to do so. so i think that was an interesting out of character remark. but with regards to credibility-- . >> woodruff: let me stop you there, why dow say no one believes this? >> well, the mubarak regime lacks credibility and mr. mubarak lacks credibility. as steven was saying, the demand has been that mr. mubarak leave, an end to this regime. this is a president who in 1981 said that he would only be a one-term president. this is a president who has repeatedly said that the the emergency law would be rescinded time and time again. this is a law that has been in place for over 30 years. and this is a president who has promised on

georgetown university professor samer shehata in egypt, 40% of the country gets by on close to or less than $2 a day. >> the levels of income in saudi arabia and many of these other gulf states are three, four times what they are in egypt and yemen, for example, so economic difficulties certainly, high levels of unemployment, youth marginalization, but nothing close to countries like egypt. >> reporter: analysts expect the egyptian military will remain in control of egypt and vital shipping in the suez canal will not be affected. but egyptians, governments in the middle east and investors around the world are nervously watching what many believe are the last days of mubarak's rule. darren gersh, "nightly business report," washington. >> tom: as we mentioned, the u.s. economy picked up steam as 2010 came to a close with much of the gains coming on a pick-up in consumer spending. g.d.p. grew at an annual rate of 3.2% in the fourth quarter, up strongly from the previous quarter. experts say the data suggest the u.s. economy has moved from recovery to expansion. but what about the global e