The big news that Osama Bin Laden was finally dead wasn't reported first by a cable or broadcast TV channel, nor by a news wire or newspaper. Twitter broke the news, long before anyone even knew what the news was, when IT consultant who lived in the vicinity of Bin Laden's compound complained about the noise.
Last night, President Obama went on air to announce the killing of the United States enemy number one, Osama Bin Laden. Given this volatile and uncertain world we inhabit, how should we view this event? In the short run when it comes to terrorism, the best news is usually no news meaning no attacks.
Markets went up in reaction to Barack Obama’s announcement Sunday night that the Al-Qaeda leader Osama bin Laden had been killed, despite uncertainties as far as what this news will mean geopolitically.
Fears of a double-dip recession are good for markets, as this will pressure global central banks to stay liquid, said Mark Mobius, executive chairman of Templeton Emerging Markets Group.
Pakistan expects inflation next fiscal year to be reduced to single digits, bringing stability to the rupee, Minister for Finance & Economic Affairs, Shaukat Tarin, told CNBC on Friday.
From underwear screening to health care to a nuclear ultimatum from Iran, President Barack Obama has 2010 start with his agenda driven by events and not choice. This is the nature of the beast and Obama's management skills will be tested this month. Let's do a quick list of what's happening and the major questions to resolve.