OSAMA BIN LADEN IS DEAD : CONFIRMED?

Osama bin Laden is dead. Jill Jackson, a producer for CBS News, seems to have broken the story on her feed.Major news organizations like The New York Times and CNN have conformed it.

President Obama has called a news conference.Up-to-the-minute updates after the jump.Osama Bin Laden is dead and his body is in U.S. custody, according to numerous reports.The news first came moments after the White House announced it would address the nation at 9:30pm CST on Sunday.

Two hours after U.S. President Barrack Obama announced that Al Qaeda leader Osama bin Laden had been killed in the Pakistani town of Abbotabad, there was no word from the civilian administration nor the military hierarchy here on what the Americans claimed to have been a “joint operation”. President Obama is expected to deliver a statement from the White House Sunday night to discuss the major development.

President Obama announced that Osama bin Laden, the leader of Al Qaeda responsible for the Sept. 11 attacks, was killed in a firefight during an operation he ordered Sunday inside Pakistan, ending a 10-year manhunt for the world’s most wanted terrorist. Here's the full text and following is the video of Obama's speech




The man behind the suicide hijack attacks of September 11, 2001, and who U.S. officials said late on Sunday was dead, was the nemesis of former President George W. Bush, who pledged to take him "dead or alive" and whose two terms were dominated by a "war on terror" against his al Qaeda network.Bin Laden also assailed Bush's successor, Barack Obama, dismissing a new beginning with Muslims he offered in a 2009 speech as sowing "seeds for hatred and revenge against America.

"Widely assumed to be hiding in Pakistan - whether in a mountain cave or a bustling city - bin Laden was believed to be largely bereft of operational control, under threat from U.S. drone strikes and struggling with disenchantment among former supporters alienated by suicide attacks in Iraq in 2004-06.

7.1 Aftershock Rocks Japan EarthQuake 2011 : 6.5 Mexico Earthquake Full Video

Mexican stocks moved lower in early trading on Thursday, following the sudden drop in U.S. markets after a strong earthquake was reported in northern Japan.Stocks had been down more moderately earlier as positive U.S. jobs data and retail sales were offset by caution over Europe's commitment to interest-rate increases, and on the continued stock slide of local broadcaster and market heavyweight Televisa (TV,TLEVISA.MX).Following the quake news, the IPC index of leading issues was down by 0.5% at around 10:50 a.m. EDT on volume of 43.9 million shares valued at 1.62 billion pesos ($139 million).

The market had rallied in the latter part of March, but was down on the week so far.Televisa, Mexico's biggest broadcaster and the world's largest producer of Spanish-language TV programming, had its CPO shares sliding by 4% to MXN54.43 as it confirmed a deal to invest $1.6 billion for a 50% stake in mobile phone operator Grupo Iusacell.



Televisa's stock began its slide since the company confirmed talks with Iusacell on Tuesday.The USGS reported the quake as magnitude 6.5 but later revised the figure to 6.2, also moving the epicenter slightly.The Pacific Tsunami Warning Center had no warning or advisory in place and hotels in beach resorts like Puerto Angel also reported no damage.Tremors awoke residents in Mexico City nearly 300 miles to the north, and cut power in some districts.

Some people filed onto the street in their pajamas, but there were no reports of casualties in the city, where many have grim memories of a devastating earthquake in 1985.Power and phone connections were still working.

Mexico is regularly shaken by tremors and nerves are strained since devastating earthquakes in Haiti and Chile earlier this year.(Additional reporting by Armando Tovar, Pablo Garibian, Cyntia Barrera, Patrick Rucker and Adriana Barrera; Writing by Catherine Bremer; Editing by Alan Elsner and Doina Chiacu)