Mursi Rejects Ultimatum, Egypt Braces for Showdown

Mursi Rejects Ultimatum, Egypt Braces for Showdown Play

July 2 (Bloomberg) -- ABC News Middle East correspondent Alex Marquardt updates the latest from Tahrir Square in Cairo, Egypt as President Mohamed Mursio has rejected the military's 48-hour ultimatum. He speaks on Bloomberg Television's "Market Makers."

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