Multiple sources are reporting that President Obama is to shortly announce that the master mind behind the 2001 Sept 11th attacks, Osama Bin Laden is dead and that the US has possession of his body.

Initial reports are that the Al-Qeeda leader was killed by a possible U.S. drone attack deep inside Pakistani territory nearly a week ago whilst living in a mansion in the suburbs of the Pakistani Capital, Islamabad.

Quick Analysis - Reports of the drone attack on the suburbs of Islamabad is probably false given the risks, and more probably the location is more remote i.e. not in the city of Islamabad or involved a none drone attack i.e. use of ground forces.

The delay in announcing his death were pending DNA test confirmation.

More details pending President Obama's statement within the next hour or so.

By Nadeem Walayat

http://www.marketoracle.co.uk

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.