Algeria’s Bouteflika abandons re-election bid after weeks of protest

By Lamine Chikhi and Hamid Ould Ahmed ALGIERS (Reuters) - Algerian President Abdelaziz Bouteflika abandoned his bid for a fifth term in power on Monday, bowing to weeks of mass demonstrations against his 20-year rule by people demanding a new era of politics in a country dominated by the old guard. He also postponed an election that had been set for April, and promised social and economic reform. Bouteflika's announcement brought crowds back onto the streets in celebration on Monday evening

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