EGYPT

The family of Egypt’s embattled President Hosni Mubarak has not fled the country, according to a source in the U.S. Embassy in Cairo who spoke to CBS News.

Unless the U.S. addresses [its] fiscal problem, we’re going to see a train wreck, said Nouriel Roubini.

Algeria must urgently create jobs for its young unemployed, the International Monetary Fund (IMF) said in a report published on Wednesday, highlighting a problem that has fuelled unrest throughout the region.

Algeria confirmed it bought almost a million tonnes of wheat on Wednesday and ordered an urgent speeding up of grain imports, a move seen heading off unrest over food prices as protests swept north Africa.

Nervous investors may begin liquidating some of their substantial positions in Egyptian equities and securities if the unprecedented political protests that thrashed the market on Wednesday gain momentum.

Thousands of Egyptians defied a ban on protests by returning to Egypt's streets on Wednesday and calling for President Hosni Mubarak to leave office, and some scuffled with police.

The gathering of business elites at Davos may witness the greatest concentration wealth in any one locale in history.

Web sites run by the Egyptian government are experiencing service problems, possibly as a result of denial of service attacks mounted by the collective known as Anonymous

The Egyptian government, besieged by a wave of public demonstrations against the rule of President Hosni Mubarak, said it will get tough and arrest and prosecute anyone participating in street riots. At least four people, including a police officer, have already died in widespread protests.

The group called Anonymous has set up a Facebook page and is asking people to take part in distributed denial of service attacks on Egyptian government web sites.

The Egyptian government should be responsive to its people's aspirations, the White House has said in measured but unusually strong comments about the raging anti-government protests in Egypt which forced the reported fleeing of the president’s son to Britain.

Calm returned to the streets of Cairo on Wednesday after demonstrations demanding an end to President Hosni Mubarak's 30-year rule, as protest leaders asked followers to regroup for a second day of action.

Egypt said on Wednesday it would ban demonstrations and detain protesters, seeking to draw a line under unprecedented protests against President Hosni Mubarak's rule.

The future of the Egyptian President Hosni Mubarak hinges on the ability of the country leaders to understand the reasons behind unprecedented protests, a Saudi royal family member said.

Egyptian stocks plunged nearly five percent on Wednesday, the most since May, a day after thousands took to the streets of Cairo and other cities in a protest against President Hosni Mubarak’s government.

Thousands of Egyptians across the nation staged protests on the streets against Hosni Mubarak’s regime demanding political concessions including ending emergency laws, freedom for political activity and a limit on the president’s tenure in office.

Embattled Egyptian president Hosni Mubarak's son, who has been widely seen as his successor, has fled the country, according to US-based Arabic website Akhbar al-Arab.

Egyptian president Hosni Mubarak's son who is considered as his successor has fled to Britain along with his family, US-based Arabic website Akhbar al-Arab reported.

Twitter said it was blocked in Egypt on Tuesday in view of the protests on Cairo streets which sent the social networking site into an instant information platform with messages coming from all corners.

The rising voice of protest and suicides across North Africa is the start of a popular uprising, Egyptian opposition leader Mohamed ElBaradei said.

The protests in Egypt on Tuesday turned violent with at least three people reported to have been killed and tear gas and water cannons used to disperse the crowds who had gathered in central Cairo following the opposition call for a Day of Revolt.