Egypt's presidency rejects army ultimatum

Egypt's presidency rejected an ultimatum issued Monday by the army, saying it would continue with its own plan for national reconciliation.

The army had warned Islamist President Mohamed Morsi it would intervene if he failed to meet the demands of the people within 48 hours.

In a statement, the presidency said the army declaration, which had not been cleared by the presidency, could cause confusion, and the presidency would continue on its own path towards national reconciliation.