Page 4 - Hon Cairo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Live. of course, the most accurate way to predict the speech is after it happens. that's not something we necessarily want to announce with any degree of confidence. >> we could be waiting for minutes, we could be waiting for hour. it's now approaching 9:30 p.m. in cairo, hala. we've also, it's a fascinating development for those who watch these kinds of nuances, we're now told that state tv, nile tv in egypt is showing these pictures of tahrir square, which is pretty impressive in and of itself. ben wedeman, willet me bring back ben to talk about that. when state television in egypt are showi...

The talent of these people is great as we all know. those of us who have spent time in egypt over the years. ben, willet me just have a reality check on one point because you're there in cairo. ben wedeman is our man in cairo right now. over these past two weeks for all practical purposes, tourism, which is such a main pillar of the egyptian economy has basically try dried up. hundreds of millions if not billions of dollars are being lost. what about day to day commerce? people are losing a lot of money right now. how much of a factor is that in propelling what's going on? >> reporter: well, i...

Hala. >> one of our producers there on the ground just tweeted, we're learning so much about what's going on there in egypt through social media, just tweeted, this is the loudest i've heard the crowds in the last two weeks. let's listen to the crowds in tahrir square right now as they all await the president's address. there, wolf, just chants that are overwhelming tahrir square in downtown cairo. it's a very festive mood, and it's the loudest it's been, according to our producer amir, people are really, really in a state of anticipation hoping that this means victory for them, that what they...

Now look to expand its use of e-verify. wolf? >> also, thanks very much, jeanne, for that. let's get back to what's happening in egypt right now. as you know, it receives a lot of u.s. assistance, financial assistance and here's the question that a lot of people are asking. how is that $1.6 billion being used. that's the annual military aid and economic aid, plus, on cairo's largest day of protests yet. >> it's over. there's no america. there's no hezbollah. it's his fault. what we are in is his fault. it's not due to the americans. not due to the hezbollah. it's due to him!

Let's go live now to cairo. with another good morning to you, let's get an update on the situation of this 12th day of protests. >> well, alex, as you were just saying, there is a lot of political activity going on behind the scenes. a lot of meetings with the government and the opposition. the government and a group of wisemen, elders in the community, business leaders and others trying to figure out the way forward. the bottom line, it appears that president hosni mubarak is not going to resign anytime soon. the prime minister has been quoted on state television as saying today that stabilit...