Maldives President Mohamed Nasheed of Maldivian Democratic Party (MDP) on Tuesday announced his resignation on television. The declaration came after the police and the army were involved in clashes in streets of the island nation amid protest over the arrest of a top judge. Vice President Dr. Waheed will hold the reigns till a new arrangement is made. The SAARC (South Asian Association for Regional Cooperation) summit 2011 was held in Addu, Maldives in November last.
