Mr Mubarak was finally compelled to act after a direct intervention by Barack Obama. The US president sent a special envoy, Frank Wisner, to tell Mr Mubarak that he had lost support and that it was “critical” he oversee a transition to free and fair elections in September.
Mohamed ElBaradei, the former United Nations nuclear agency chief who has become an opposition figurehead, earlier called for Mr Mubarak’s immediate departure and declared himself “ready to serve if called” in an interim capacity.
He held talks with the American and British ambassadors and is understood to have offered proposals for an interim government to oversee a transition to democracy.
When did ElBaradei hold talks with the ambassadors? Today, yesterday, last week???
The Guardian is spinning the news a bit differently-
Claiming he is bowing to the will of the protestors, though later acknowledging in the article
"Mubarak, effectively abandoned by the US in a day of fast moving developments, said he would not be a candidate for a seventh term but would remain in power to oversee reform and guarantee stability"
Mubarak attacked those responsible for protests that had been "manipulated by political forces"
Manipulated by political forces?!
No surprise there.