Coup Under Way In Egypt, President Advisor Says, Warns About "Considerable Bloodshed", "Tanks On Streets"

The Egypt drama is reaching its inevitable, and largely expected, conclusion. From Reuters:

  • EGYPT PRESIDENT'S NATIONAL SECURITY ADVISER SAYS MILITARY COUP UNDER WAY
  • NO MILITARY COUP CAN SUCCEED AGAINST POPULAR RESISTANCE WITHOUT CONSIDERABLE BLOODSHED -MURSI AIDE
  • MURSI ADVISER SAYS EXPECTS ARMY, POLICE VIOLENCE TO REMOVE PRO-MURSI DEMONSTRATORS
  • EGYPT BROTHERHOOD SPOKESMAN SAYS TANKS ON STREETS, VIA TWITTER
  • SEVERAL HUNDRED EGYPTIAN SOLDIERS, TOGETHER WITH ARMOURED VEHICLES, PERFORM MILITARY PARADE ON MAIN ROAD NEAR PRESIDENTIAL PALACE - REUTERS WITNESS

In other words, if Morsi leaves, you get a Civil War.

Elsewhere: 

As for the US...

 

 US stocks, in the meantime, at day's highs.

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