This just in from the Times of London:
...In a testy personal telephone call on January 29, King Abdullah told President Obama not to humiliate Mr Mubarak and warned that he would step in to bankroll Egypt if the US withdrew its aid program, worth $1.5 billion annually. America’s closest ally in the Gulf made clear that the Egyptian President must be allowed to stay on to oversee the transition towards peaceful democracy and then leave with dignity. “Mubarak and King Abdullah are not just allies, they are close friends, and the King is not about to see his friend cast aside and humiliated,” a senior source in the Saudi capital told The Times.
UPDATE1: FOX News says that Hosni Mubarak will resign sooner rather than later, perhaps as early as tonight (10 February). A military junta will run Egypt until further notice.
UPDATE2: MSNBC News describes a speech by Mubarak, in which he said he would delegate some of his powers to Vice President Suleiman, but has no plans to step down anytime soon. He also announced his intention of remaining in Egypt.
UPDATE3: A FOX News article reports the latest wrinkle in the convoluted story of the crisis in Egypt. Mubarak has resigned after all, and left control of the country to the military.
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