London, Aug 19: Amid all the speculations about former Pakistan President Pervez Musharraf’s future plans, a western diplomat posted in Islamabad has said that the ex-General might ultimate base himself in London.

According to the diplomat, Musharraf would first perform a Muslim pilgrimage in Saudi Arabia, and thereafter finally settle in London to lead a retired life.

Pakistan’s Foreign Office, however, declined to comment on the fresh speculation about Musharraf’s post-retirement plans, reported The Telegraph.

Kabul- An Afghan government spokesman said Monday the resignation of Pakistani President Pervez Musharraf would create an opportunity for both countries to fight against terrorism "in a better way."

Islamabad, Aug. 18 : A distribution of sweets and slogans in favour of democracy welcomed Pakistan President Pervez Musharraf’s announcement that he was resigning from office on Monday, ahead of the impeachment process in parliament.

Hundreds of PPP workers gathered outside Zardari House here and jubilantly welcomed the announcement.

Islamabad, Aug. 18 : The loss of the Pakistan defence establishment’s backing is said to have convinced Pakistan President Pervez Musharraf to resign from office on Monday.

According to CBS News, while an emotional Musharraf said he wanted to spare the nation from a perilous impeachment battle, the actual development that precipitated the decision to quit office was Musharraf''s loss of power within the military.

Islamabad, Aug. 18 : Following is the text of Pakistan President Pervez Musharraf address to the nation and his announcement that he was resigning from office.

"Today is a day of an important decision for me." Proceedings began with recitation from the Holy Quran at 13.10 pm. President Pervez Musharraf said the nation is aware of the crisis it is going through."