UPDATE: MUBARAK HAS RESIGNED. LIVE COVERAGE AT
AL JAZEERA. THERE IS MUCH REJOICING. The scene is brilliant. The military has taken over in the meantime.
Egyptian President Hosni Mubarak has temporarily left Cairo, a day after transferring some power to Vice President Omar Suleiman in an effort to quell weeks of protests, CBS News has confirmed.
The embattled ruler left the capital for the Red Sea resort city of Sharm el-Sheikh. He is not expected to stay there indefinitely but will return to Cairo. Reports that he has fled the country for a safe haven elsewhere in the Arab world - or for medical care in Europe - are inaccurate, sources told CBS News. More at CBS