Morsi to address Egyptian people on television shortly.
Late Update: 5:54 PM … The speech is now underway and it is, to put it mildly, not a conciliatory speech. The big takeaways are that Morsi will not resign, that he is responsible for upholding the democratic legitimacy of the previous election and that the protests represent remnants of the Mubarak regime exploiting some legitimate grievances of youth protestors. He also warns against supporters or protestors resorting to violence, especially against the military.