People in Egypt are bracing for another day of protests after President Hosni Mubarak announced that he will not resign from the post but hand over his powers to Vice President Omar Suleiman. The details of these delegated powers remain unclear. Addressing the nation on national television last night, President Mubarak also announced that the relevant article of the constitution is being scrapped for clearing the way for the lifting of emergency laws. Speaking in Patriotic tone, President Mubarak said that he will not be dictated by outside powers and committed to fulfill the demands of the people. Mr. Mubarak also promised to penalize those who committed mistakes. President Mubarak reiterated his commitment not to contest next election and referred the setting up of committees constituted to amend the constitution and monitor it. He added that the blood of those who were killed would not be wasted. President Mubarak’s announcement came after the Supreme Council of the Armed Forces declared that council was in open-ended session in order to safeguard the nation and the achievements of its people. Thousands of anti-government protesters in Cairo's Tahrir Square reacted angrily to his announcement and vowed to continue their protests. Reacting to the announcement, the Egyptian opposition figure Mohamed ElBaradei has warned that Egypt would explode and called on the army to save the country. US President Barack Obama says the Egyptian government has yet to put forward a credible, concrete and unequivocal path to democracy. Mr. Obama said too many Egyptians remain unconvinced that the government is serious about a genuine transition to democracy.