12.27.2007
What Bhutto's Assassination means in Dollars and cents. . .
-Stocks Fall After Bhutto Assassination-
"NEW YORK (AP) -- Stocks fell in Thursday after the assassination of Pakistani opposition leader Benazir Bhutto and after the Commerce Department reported a weak increase in durable goods orders. The Dow Jones industrial average fell more than 100 points.
Bhutto's assassination raised the possibility of increasing political unrest abroad, always an unsettling prospect for investors. Oil and gold prices rose following the news."
News has an impact on everything.
Bhutto Assassinated in Attack on Rally
NEWS MATTERS. Terrible deal for her, her family and for her country. It takes a strong individual to go out and followthrough with their movement when they know the dangers involved.
"The attacker struck just minutes after Bhutto addressed thousands of supporters in the garrison city of Rawalpindi, 8 miles south of Islamabad. She was shot in the neck and chest by the attacker, who then blew himself up, said Rehman Malik, Bhutto's security adviser."-ABC News
"Ms. Bhutto’s death is the latest blow to Pakistan’s treacherous political situation, and leaves her party leaderless in the short term and unable to effectively compete in hotly contested parliamentary elections that are two weeks away, according to Hasan Askari Rizvi, a leading Pakistani political and military analyst.
The assassination also adds to the enormous pressure on the Bush administration over Pakistan, which has sunk billions in aid into the country without accomplishing its main goals of finding the Qaeda leader Osama bin Laden or ending the activities of Islamic militants and the Taliban in border areas with Afghanistan.
Ms. Bhutto, 54, returned to Pakistan this year at a time of great volatility in a state that has been under military rule for eight years. She was the leader of the country’s largest opposition political party, founded by her father, Zulfikar Ali Bhutto, one of Pakistan’s most flamboyant and democratically inclined prime ministers."-NY Times
12.26.2007
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