In Egypt the Stalemate Continues
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Egypt's new vice president claims he's reached a "consensus" with demonstrators, but they still insist there's no compromise until Hosni Mubarak steps down. We hear what's happening on the streets and what the consequences might be for Egypt and the Middle East. Also, President Obama reaches out to business, and AOL is buying the the Huffington Post for $315 million. All that and Arianna too?
Banner image: Anti-government protesters carry an effigy of Egyptian President Hosni Mubarak through Tahrir Square on February 7, 2011 in Cairo. Photo: John Moore/Getty Images
Obama Reaches Out to Chamber of Commerce ()
Barack Obama today continued his charm offensive toward American business with a speech to a well-funded opponent in last year's campaigns. The President told the US Chamber of Commerce that we can and must work together, regardless of our differences. David Corn is Washington Bureau Chief for the progressive magazine Mother Jones and columnist for PoliticsDaily.com.
Egyptians Firm on Regime Change, US Pushes Slower Approach ()
Just before yesterday's Super Bowl game, President Obama gave Fox News his latest assessment of events in Egypt. In parts of Cairo today, banks opened and shops were staffed. The Egyptian government wants business as usual, but protesters in Cairo aren't giving an inch and they're considering demonstrations in other cities. Vice President Suleiman met yesterday with a group including the Muslim Brotherhood, and each side has a different version of what really went on. Protest leaders are particularly skeptical about Washington's call for an "orderly transition," saying it sounds like a recipe for continued repression. We get an update from Tahrir Square, hear different estimates of possible outcomes and discuss why Egypt is so important to American interests.
- David Kirkpatrick: Cairo Bureau Chief, New York Times, @kirkpatricknyt
- Sherif Mansour: Senior Program Officer, Freedom House
- Jon Alterman: Director of the Middle East Program, Center for Strategic and International Studies
- Wayne White: former Deputy Director, State Department's Middle East Intelligence Office
- David Hawkings: Editor, CQ-Roll Daily Briefing, @davidhawkings
AOL.com Buys Huffington Post ()
It began in 2005 with a $1 million investment and is now one of America's most heavily visited news websites. Is it really worth $300 million to AOL? In addition to paying $300 million in cash, struggling AOL is paying $15 million in stock to acquire the Huffington Post from Arianna Huffington, who will also control all of AOL's editorial content. Dan Gillmor directs the Knight Center for Digital Media Entrepreneurship at Arizona State. His latest book is Mediactive, about navigating the informational chaos.
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