Egypt news from Russia Today

(Russia Today) Egyptian President Mohamed Morsi has offered a consensus government as a way out of the country’s crisis, but offered no new compromises. The leader has refused to step down, and instructed the military not to “take sides.”

The proposed coalition government would include a Prime Minister elected by political powers, according to a presidential statement. The statement added that “the scenario that some parties are trying to impose is rejected by the people.”

The military ultimatum given to President Mohamed Morsi has come and gone, as hundreds of thousands of people take to the streets. Morsi previously rejected the deadline, which gave him 48 hours to meet the demands of the people before facing army intervention.

According to some reports, Morsi has until 5pm local time to either form a coalition government or face the prospect of a coup.

The meeting between Commander-In-Chief of the Egyptian Armed Forces, Abdul Fatah Khalil Al-Sisi, and political forces is still ongoing, Al Arabiya reports. The most important issue being discussed is reportedly that of sending reassuring messages to the Brotherhood’s leaders.

The two sides seem unwilling to budge, with protesters stating that Morsi and his Brotherhood party are pushing an Islamist agenda on Egypt.

Live steaming link from Cairo protests here.