1. HOLD UP

    Morsi Issues Facebook Message

    NEW YORK, NY - SEPTEMBER 26: Egyptian President Mohammed Morsi walks to the podium for his address to world leaders at the United Nations General Assembly on September 26, 2012 in New York City. Over 120 prime ministers, presidents and monarchs are gathering this week at the U.N. for the annual meeting. This year's focus among leaders will be the ongoing fighting in Syria, which is beginning to threaten regional stability.  (Photo by Spencer Platt/Getty Images)

    Spencer Platt / Getty Images

    Morsi's big mouth means big problems. In an official Facebook message issued early Monday, the Egyptian president put on hold the measures of raising sales taxes on a wide range of consumer goods and services that were made public Sunday afternoon. Earlier in the day, opposition groups rejected the president’s attempt to rescind his near-absolute authority decree, calling it “relatively meaningless.” As protests outside the palace raged on, Morsi order the military to "keep order" and protect the state institutions. The fighting—which has already killed 8 and wounded up to 700—is likely to continue until the Dec. 15 vote on the new referendum.

     

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