it's friday, july 5th. >> announcer: from abc news, this is "world news now." >> hope you had a nice fourth of july. a lot of people just wrapping it up right now, sitting there, reflection on what a day they had. a good one. >> if they can remember. >> if they can remember. >> we begin with egypt, bracing for mass demonstrations after friday prayers. >> supporters of ousted president morsi calling today's protest the friday of rejection. the newly inaugurated interim leader insists egypt is going forward with what he calls "true democratic elections. abc's karen karen travers is in washington with details. good morning, karen. >> reporter: good morning, john, good morning, tai. 's elections are expected to take place in egypt sometimen the next nine to 12 months. morsi's party says it will boycott the military sponsored political process. the demonstrations have quieted