Pakistani President, Pervez Musharraf announced on television today that he would resign as president of Pakistani. The New York Times reports:

Speaking on television from his presidential office here at 1 p.m., Mr. Musharraf, dressed in a gray suit and tie, said that after consulting with his aides, “I have decided to resign today.” He said he was putting national interest above “personal bravado.......”

His resignation came after 10 days of intense political maneuvering in Pakistan, and cleared the way for the four-month-old coalition government to choose a new president by a vote of the Parliament and provincial assemblies. But there were intense concerns in Washington that Mr. Musharraf’s departure would open a new era of instability in the nuclear-armed country of 165 million people, as the fragile coalition jockeys for his share of power.

The Washington Post has more...