Fareed Zakaria On Post Mubarak Egypt: "The Army Owns 100s & 100s Of Economic Entities"

Al Jazeera English: Post-Mubarak era dawns on Egypt

The top figure in Egypt is now Field Marshal Mohammed Hussein Tantawi, the country's defence minister and head of the supreme council.

In its third statement to the nation since Thursday, the council said in a televised address that it was examining the situation "in order to materialise the aspirations of our great nation".

The council spokesman said that "resolutions and statements regarding the ... actions to be followed" in order to achieve the demands of the people will be handed down later.

He also extended "greetings and appreciation" to Mubarak for his service to the country, and saluted the "martyrs and those who have fallen" during the protests.

Nezar al Sayyad, a Middle East specialist, told Al Jazeera that Egypt "is in a very critical stage in terms of what is going to happen next."

Full article: http://english.aljazeera.net//news/middleeast/2011/02/201121253441731292.html

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[griessinthewood]

Excellent report by Mr. Cooper and Mr. Zakaria.