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Obama Urges 'Orderly Transition' in Egypt

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Egyptian President Hosni Mubarak announced he will not run for another term in office during his country's September elections. But protesters in Cairo and throughout the country continue to demand his immediate resignation.

Mubarak has been Egypt's president for nearly three decades. During a speech on Tuesday, he said he would not leave his country but would work to ensure an "orderly transition," according to The Associated Press.

President Barack Obama delivered a brief speech at the White House on Tuesday after speaking to Mubarak.

"What I indicated tonight to President Mubarak is my belief that an orderly transition must be meaningful, it must be peaceful and it must begin now," Obama said.

Tuesday marked the eighth day of protests in Egypt, and the largest yet. The AP reports that more than a quarter of a million people were on the streets.