Mubarak’s fall sparks regional discontent
13 Feb 2011, 5:23 PM
Ripples from the fall of Egyptian President Hosni Mubarak and Tunsian President Zine al-Abidine Ben Ali have spread to other countries in the region, including Jordan and Algeria.
Mubarak, who was in power for 30 years, finally gave in after weeks of protests and stepped down from the presidency, handing power to an interim military government on Friday.
The revolution has not only affected him politically. On Friday, Swiss authorities announced they were freezing assets belonging to Mubarak and his family, pressuring the UK to do the same. Mubarak is thought to have a personal fortune of US$70 billion stashed across various bank accounts and property holdings all over the world.
That the people of one of the Middle East’s largest, oldest and most populated countries could not only overthrow but seek justice against a 30 year autocracy has sparked a wave of political dissent in the region.
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