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Egypt's Morsi told that he is no longer President – report

From forexlive.com

Egypt’s state-run Al-Ahram newspaper cities a Presidency source saying the army told Morsi he is no longer President. WTI crude settled at $101.24 in the first close above $100 since May 2012. Update, the military is now reading a statement: Army chief says it tried to broker a reconciliation for months Military realizes the people are not seeking military rule Morsi speech yesterday didn’t meet the people’s demands Constitution temporarily suspended Constitutional court head appointed interim head of state Technocratic govt to take over Roadmap calls for court to complete election law to allow for elections Police ... (full story)

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