President of Egypt Hosni Mubarak has resigned, Al-Jazeera reported.

Armenian News-NEWS-am reminds readers that, despite the forecasts, in his televised address to the nation, President Hosni Mubarak refused to announce his resignation and transfer of his powers to Vice President Omar Suleiman. Millions of people that gathered in the streets in Cairo and other cities demand the President`s resignation.

The recent unrest in claimed at least 300 lives.