Hosni Mubarak case, says the [International Monetary Fund]. In fact, luck was on Hosni Mubarak's side; when the US was hunting for a military alliance to force Iraq out of Kuwait, Egypt's president joined without hesitation. After the war, his reward was that America, the Arab states of the Persian Gulf, and Europe forgave Egypt around $20 billion of debt. President Mubarak spoke out against the 2003 Iraq War, arguing that the Israeli–Palestinian conflict should have been resolved first. He also said the war would cause "100 Bin Ladens." However, as President he did not support an immediate US withdrawal from Iraq
Hosni Mubarak In a state televised broadcast on 1 February 2011, Mubarak announced that he would not seek re-election in September but would like to finish his current term and promised constitutional reform. This compromise was not acceptable for the protestors and violent demonstrations occurred in front of the Presidential Palace. On 11 February, then Vice President Omar Suleiman announced Mubarak had resigned and that power would be turned over to the Egyptian military. Two and a half hours after Mubarak's resignation, an Egyptian military member came on air and thanked Mubarak for "putting the interests of the country first." The statement,