BREAKING NEWS

Egypt's Mubarak holds meting with economy team

By ASSOCIATED PRESS

FEBRUARY 5, 2011 12:01

CAIRO — Egypt's President Hosni Mubarak was holding meetings with his economy team on Saturday as thousands of anti-government protesters remained camped out on Cairo's Tahrir Square.

The political crisis that erupted since Jan. 25 has cost the country an estimated $3.1 billion, with the ensuing violence driving a nation once seen as a pillar of stability to the brink of chaos.

The state MENA news agency said Mubarak's meetings took place Saturday morning in the presidential palace in Heliopolis, a Cairo suburb miles away from the events in the city center.

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