Media has been reporting the death of Osama Bin Laden. He is said to have died in a fire-fight with CIA officials in Islamabad. Some things are interesting to note.
- Osama Bin Laden was killed in Islamabad, the capital of Pakistan. What was he doing in the capital city of a country that is an ally in US’s war on terror?
- The operation was carried out by a small team of CIA officials and there were no foreign officials involved. Did Pakistan consciously choose to stay away from this operation to “maintain” its relationship with the hardliners and extremists?
- The fact that this was a CIA-exclusive (and president Obama highlights this when he speaks), does some redeeming for the agency that failed to see 9/11 coming.
- President Obama has recently started his re-election campaign (Facebook townhall). This will be a big bonus as he gets on the campaign roads. The timing for this is also apt and American people will have this fresh in their minds when they go out to vote.
- This happened when the markets were closed. It will be interesting to see how the crude prices change once all markets are open. My guess, it would be mixed in fear of retaliation and potential volatile circumstances in the middle-east.