Apr 2, 2019

Algeria's president reportedly steps down following mass protests

Algerian students take part in a protest today in the capital. Photo: Ryad Kramdi/AFP/Getty Images

Algerian President Abdelaziz Bouteflika has agreed to resign effective immediately following six weeks of massive protests, according to the APS state news agency. Earlier today, Algeria's army chief demanded the ailing leader step aside.

Why it matters: Bouteflika has been in office for two decades but has hardly appeared in public since a 2013 stroke. Algeria's powerful but factionalized elites had been unable to decide on a successor, and put Bouteflika forward for a fifth term. They've been in retreat since then, but none of their concessions have appeased protestors who don't just want a new president — they want to topple the entire system.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

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SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.