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Hosni Mubarak Addresses Egypt [Updated]

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Watch NOW as Hosni Mubarak addresses Egypt on streaming Al Jazeera television after seven days of violent and destructive anti-government protests in the country. In his address, he said that he will not step down, he will continue his term, but will not seek reelection. He says he will work towards a peaceful transition of power in the coming months and will instruct parliament to amend the constitution to allow for elections that allow all parties and limit terms of presidency.