July 12, 2012

CAIRO (AP) — Egypt’s powerful military has delivered a thinly veiled warning to the country’s new president, saying it expects all state institutions to respect the constitution.

Monday’s statement followed a decision by Islamist President Mohammed Morsi to revoke last month's executive order by the then-ruling military to dissolve parliament after the country’s highest court said a third of its members were illegally elected.

The military also defended a “constitutional declaration” giving it far-reaching powers after handing over power to Morsi June 30.

The statement says the military will continue to support “legitimacy, the constitution and the law” — language that means the generals would likely oppose attempts to reconvene parliament in defiance of the court’s ruling.

Category: News

Market Update

1 DOW 16,501.65
-12.72 (-0.08%)    
2 S&P 1,875.39
-4.16 (-0.22%)    
3 NASDAQ 4,126.97
-34.49 (-0.83%)