Osama Bin Laden killed

Osama Bin Laden is dead, President Obama has announced Sunday night, on a televised speech to the nation. His death was the result of a U.S. operation launched today in Abbottabad, Pakistan, against a compound where Osama bin Laden was believed to be hiding for some time, according to U.S. intelligence. After a firefight, a small team of American forces killed bin Laden and took possession of his body, annouced the president

“Tonight I can report to the American people and the world that the United States has conducted an operation that killed Osama bin Laden,” Obama said during brief remarks at the White House.

“Justice has been done,” he said, in comments that marked a formal end of the manhunt for the most visible and emotionally-charged symbol of the terrorist attacks of Sept. 11, 2001.

The president said U.S. intelligence operatives received a tip in August on bin Laden’s whereabouts, which ultimately led to Sunday’s attack. Obama said he determined last week that the U.S. had enough reliable information to take action; by Sunday morning, he had authorized “a small team of Americans” to conduct an operation targeting bin Laden.

“After a fire fight, they killed Osama bin Laden and took custody of his body,” the president said. “No Americans were harmed. They took care to avoid civilian casualties.”

Obama said the 9/11 attacks that bin Laden and his lieutenants orchestrated nearly 10 years ago remain “the worst attack on the American people in our history” and said the images of the crumbling Twin Towers “are seared into our national memory.”

This result has marked a year-long manhunt that started from 2001 to locate one of the world’s most notorious and wanted criminals. President Barack Obama announced the news of the body of bin Laden being found near Islamabad.

The US public welcomed this news with a great pleasure feeling that Osama bin Laden was finally brought to justice and developed a sense of safety. This was also evident in the US market as following the announcement US stock figures rose by a near 0.7% while the US Treasury and gold prices dropped. Therefore the value of the American Dollar buoyed and it’s of great interest to see whether this reaction was temporary or could be just the help the Dollar needs to recover from the 3-year long lows is currently at.