Gen Abdel-Fattah el-Sissi has declared on national TV that Mohamed Morsi, the Islamist leader, had been removed from office because he had violated his popular mandate and had also antagonized the state institutions.
Mohammed El Baradei was sworn in as the interim vice-president for international relations of Egypt - he is 71-year-old and a Nobel Peace Prize in 2005 and also a reform advocate.
This move is seen as one to to reinforce the role of liberals in the formation of the new government.
These liberals strongly oppose the Muslim Brotherhood.
Efforts are on to rope in other secular-minded candidates to lead in foreign, finance, culture, information and other key ministries.
The designated prime minister is Hazem el-Beblawi and Mohammed Mukhtar Gomaa is expected to join the cabinet as the head of the religious endowment ministry.
Gomaa is head of the faculty of Islamic and Arabic studies in Al-Azhar university and his choice can be interpreted as a nod to moderate Islam.
Reports in the state media indicate that Nabil Fahmy, who had served as Egypt's former ambassador to the United States for over a decade under Hosni Mubarak, could become the foreign minister.
Already a fast-track timetable for transition has been worked out - it envisages the appointment of two panels to amend the constitution that had been passed under Morsi.
The changes would be put to a referendum within about 4 1/2 months.
Parliamentary elections would be held within two months, and after the convening of the new parliament a suitable date would be decided for a presidential election.
The US has sent William Burns, its No 2 diplomat, to Cairo - he would be meeting officials of the interim government apart from leaders of the civil society and business houses during his two-day visit.
The purpose of his visit would probably be to feel the pulse of the people after the removal of Morsi from power.
He was the first democratically chosen leader of Egypt and was ousted by the military on 3rd of July 2013 after 4-days of large scale protest - he has since been held in a secret location and the US has called for his release.
Source : foxnews.com
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