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US To Egypt's Military: Hand Over Power or Lose US Aid

• http://www.commondreams.org, Common Dreams staff
 The Obama administration warned Egypt’s military leaders on Monday to speedily hand over power or risk losing billions of dollars in U.S. military and economic aid to the country.
 
Pentagon and State Department officials expressed concern with a last-minute decree by Egypt’s ruling military council giving itself sweeping authority to maintain its grip on power and subordinate the nominal head of state. The move followed last week’s dissolution of parliament by an Egyptian court.

“This is a critical moment in Egypt, and the world is watching closely,” State Department spokeswoman Victoria Nuland told reporters. “We are particularly concerned by decisions that appear to prolong the military’s hold on power.”

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