10 things you need to know today: November 24, 2012

Egypt's Mohamed Morsi is slammed for his power grab, U.S. stocks soar on Black Friday, and more in our roundup of the stories that are making news and driving opinion

Egyptian President Mohamed Morsi claimed sweeping new powers on Nov. 23.
(Image credit: Mark Wilson/Getty Images)

1. EGYPTIAN JUDGES CONDEMN MORSI'S POWER GRAB

Top judges in Egypt have slammed President Mohamed Morsi for claiming sweeping new powers on Friday. Morsi's decree gives the president near-absolute powers, and immunity from court appeals. The country's senior judges, most of whom were appointed by ousted leader Hosni Mubarak, called Morsi's power grab an "unprecedented assault" on the nation's independent judiciary. Tens of thousands of Egyptians also took to the streets to protest Morsi's decree. [The Guardian]

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