“Egypt’s presidency on Tuesday rejected an army ultimatum threatening to intervene if Islamist President Mohamed Morsi did not meet the demands of the people, raising the stakes in the country’s political crisis. The army statement, read out on television Monday, had given Morsi 48 hours to comply with its call. ‘If the demands of the people are not met in this period… (the armed forces) will announce a future roadmap and measures to oversee its implementation,’ it said. But in a statement issued overnight, the presidency insisted it would continue on its own path towards national reconciliation.”
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