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Sky News On The Hour 4pm -

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(generated from captions) This program will be live captioned

by Ai-Media They heard directly

from their US counterparts.

Is there an upgraded a lurch for

troops in Afghanistan at risk of

retaliation attacks? For troops in

Afghanistan, each and every day

they work in a harsh and difficult

environment and a very dangerous

environment. Everything they do

every day to keep themselves safe

in that environment, they will

continue to do. It is a hard fight

and that hard fight does need to

continue. We are moving to what is

called the fighting season, which

is always more dangerous in

Afghanistan. They make proper, professional, comprehensive

preparations to do what they do

every day in Afghanistan, and

tomorrow will be no different. I

don't think we can, standing here

today, make every comprehensive

judgement about what this means for

the fight in Afghanistan or more

broadly. But what I can certainly

say to you is that the mission in

Afghanistan needs to continue and

our soldiers will continue it with

all of the professionalism and

world-class fighting ability they

are famous for. Thank you. Prime

Minister Gillard says Al Qaeda has

been hurt but has not been defeated.

She says it is a very important day for Australians to remember the

lives lost on September 11, 2001,

and October 2002, the attack in

Bali that killed 88 Australians. As

you can see from the pictures on

your screen, in the United States

many thousands are remembering the

attacks on September 11, delivered

and undertaken by Al Qaeda by Osama

bin Laden, who has today been

confirmed dead. We crossed back to

corresponded. You heard Julia Washington and other US

Australians will remember Gillard suggesting today is the day

Australian lives lost. In the wake

of President Obama's confirmation

today that Osama bin Laden is dead, many millions in America are remembering the attacks which Al

Qaeda delivered on American soil.

In fact, we cross to jot -- former

prime Minister John Howard. We

should see this news for what it is,

a very, very welcome development in

the fight against terrorism. But

that fight goes on. It will be a

long fight. But those that

understand the nature of the

terrorist threat, the fanatics that

have distorted and perverted life

have been delivered a real blow

today, but they will continue the

fight. I share the concern of many in the intelligence community that

the world must be vigilant about

the possibility of some kind of

retaliation. It is something of a

repudiates and of the naysayers and

the critics and cynics who want an accelerated retreat from

Afghanistan. It comes on top of the quite measurable military successes

that have been achieved in

Afghanistan over recent months. It

sends a message to the free world

and a message to all of those who

despise terrorism that the fight

can be successful and there can be

great results. Today's result, not

only in terms of the blow it has

delivered to the leadership of the

terrorist movement, but also the

morale, it is certainly very good

news. Finally, can I say that the

death of Osama bin Laden at the

hands of highly trained American

forces is a reminder to all of us

of the special place that should

always be held in our society for

highly trained and superbly equipped and prepared military

personnel. They occupy a very

special place in society. Their

place, along with the availability

of timely intelligence, are

indispensable to the ongoing fight

against terrorism. I use sleeping

easier tonight? There is no doubt

that what has happened has

delivered a real blow to the

terrorism course. It is equally the

case we have to be particularly

vigilant, lest there be some kind

of retaliatory attack. That is the

nature of the enemy. Fanaticism of

this kind is quite different from

the military threats the free world

is facing -- has faced in the past.

We are dealing with a group of

people who pay no regard to their

own safety or their own longevity,

who will sacrifice their own lives

to take the lives of many more, and

are absolutely dedicated to their

cause. It is a different world. We

have had to come to terms with it

over the last 10 years. The great

thing about today's news is that it

is a reminder that justice can be

delivered. I know it is no direct comfort for those who lost loved

ones and those who have lost men

and women in the field since, but

at least we can say to them and to

the memory of those who have died,

"we have got the person who was the

mastermind ." The free world will

try up over fanaticism of this kind.

Did you think Bin Laden may have

been taken out while you were Prime

Minister? I hoped he would be

caught the day after September 11.

I don't know how long I thought it

would take, I just hoped it would

happen. I am very pleased it has

happened. I am happy for the

American people. I am happy for

President Obama and former

President George W. Bush. We have

some issues there. The former prime

minister John Howard. The man that

initiated Australia's involvement

in the wake of September 11, he

himself was in Washington on the

day of those attacks. It is

certainly something seeded into his

memory, activating the ANZUS Treaty

on September 12 of that year. We

have seen what has unfolded since.

He says today sends a message to

the free world, that the fight

against terrorism can be continued.

It is a day for him that he will be

pleased has finally come. We have

seen a statement from George W.

Bush. This was not delivered in the

time that those men were in power.

It was announced today by the US

president, Barack Obama. We crossed

back to David Lipson in Washington. David, for many world leaders, current and former, today, enormous

symbolism from this news that Bin

Laden is dead. As we can see from

the pictures we have had on our

screens today, it continues to see

an outpouring of emotion on the

streets of the USA. It is true.

Remember it is about to 15 in the

morning, Monday morning. It was

late Sunday night that Barack Obama

delivered this unexpected address

from the White House. Soon after he

delivered that address, that is

when people came out. Hundreds

swarmed to the gates of the White

House, cheering and chanting "USA!"

They were holding up American flags

and banners. Still it goes on in

Times Square in New York. Of course

New York was really the city that

was the focal point of the grief

and the focal point of the

destruction, really, on 9/11, 2001,

when the World Trade Center came

down. Don't forget as well that

Washington DC was also hit, with a

plane flying into the Pentagon, and

Pennsylvania to. Really, this is a

real outpouring of emotion,

illusion, jubilation, not just on

the streets but surely in the

living rooms of homes in the United

States and much of the world. Here

is some of what Barack Obama had to

say in his address to the nation.

On September 11, 2001, at time of

grief. The American people came

together. We offered our neighbours

at hand and we offered the wounded

are blood. We reaffirm our ties to

each other and our love of

community and country. On that day,

no matter where we came from, what

God we prayed to, what race or

ethnicity we were, we were United

as one American family. We were

also United in our resolve to

protect our nation and we want to -

- wanted to bring those who brought

the attack to justice. We quickly learned the 9/11 attacks were

carried out by Al Qaeda, headed by

Osama bin Laden, which had openly

declared war on the United States and was committed to killing

innocent people in our country and

around the globe. So we went to war

against Al Qaeda to protect our

citizens, our friends and our

allies. So while there is dancing

in the streets in at least two

cities in the US, officially at

least, the president and also other top-level officials are being very

careful about how they are treating

this, being quite respectful, in

many ways, with how this is being

dealt with. Of course there are

some fears of reprisal, and that

has been underlined not only by

Julia Gillard, speaking about

Australians being careful of large

gatherings, but a more official

alert that has been put out by the

State Department here in the United

States, a worldwide travel alert

urging people to avoid large

gatherings and to restrict travel

is possible, because there is a

fear that potentially Osama bin

Laden could now be seen as a martyr,

and it could solidify his followers,

galvanise them in their anger at

against the West, against America,

and that there could be some form

of reprisal. We had Barack Obama in

his address point out carefully

that the US was never at war with

Islam, that it was a war on

terrorism. He was being careful

with that. Also discussion now

about what will happen with the

body of Osama bin Laden. We have

heard from some US analysts who

believe, and I think quite rightly,

that this is a significant boost

for the United States psychology,

the difficult times recently, the psychology of the nation given

economically and otherwise, in the war in Afghanistan and elsewhere.

This operation, done with absolute

precision by US forces, will be

worst -- be a boost. Dudded yes,

and you heard that at the end of

Barack Obama's words. They will use

this to try to boost the nation in

other areas, and will say it proves

America can do anything it sets its

mind to. This was an extremely

difficult fight to the United

States. It has gone on for almost

10 years. It actually started before then. Bill Clinton was the

first to put out an order to try to

track down and bring to justice

Osama bin Laden. This is a fight

that has gone on for a very long

time. Many analysts were really

amazed that America, with all its

military power, was not able to

find this one man. The fact that he

alluded their capture several times

very closely, with reports of him

hiding out in a complex of caves on

the border area between Afghanistan

and Pakistan, but in the end he was

living in a compound deep in

Pakistan. We heard Barack Obama

today say that he first got wind of

this back in August. That was when

the security services first had

information that he may be there,

but it took many months to confirm

his presence in that compound in

Pakistan. It took even longer to

plan the mission and execute it


Last August, after years of

painstaking work by our

intelligence community, I was

briefed on a possible lead to Osama

Bin Laden. It was not certain and

it took many months to run it to

ground. Repeatedly with my national

security team, we receive more

information about some Bin Laden

hiding in a compound in Pakistan.

Last week, I determined that we

have enough intelligence to take

action and authorised an operation

to get some Bin Laden and bring him

to justice. -- Osama Bin Laden.

Today, at my direction, the United

States launched a targeted

operation against the compound in

stone. A small team of Americans

carried out the operation with extraordinary courage and

capability. No Americans were

harmed. They took care to avoid

such -- civilian casualties. They

killed some Bin Laden and took

custody of his body. -- Osama Bin

Laden. Barack Obama you should

address with the words "after

nearly 10 years of sacrifice,

justice has been done." For many

Americans, that is very much the

sentiment that they will be feeling

tonight in the early hours of the

morning and also, for those that

didn't know of the use, late on

Sunday night, when they wake up in

the morning. They give for that, we

will chat to you throughout the

evening. We will continue the

rolling coverage of this news, this

development that Osama Bin Laden is

dead. David Speers has joined me.

The US president has confirmed this

is a momentous day in a long time

coming. It is a day that many

thought would never come. Osama Bin

Laden is dead and his body is in US

custody. It is almost 10 years

since the 911 attacks which killed

thousands of people. There were 10

at -- 10 Australians killed. We

will talk to one of the sons of the victims. Her son, Simon Kennedy,

will be talking to us shortly about

what today means for him, nearly 10

years after September 11. To hear

that Osama Bin Laden has been

killed, his remains captured, how

much those families who lost the

most from September 11 attacks be

feeling today? All we know about

the operation, President Obama says

that he was briefed in August of

last year about a potential lead on

whether a summer Bin Laden could be.

It took months to run this lead to

the ground. Bin Laden was found to

be hiding in a fortified compound

that ad is about, near the capital

I, Islamabad. We know the walls

were 4 m also high, surrounded by

barbed wire. There was no phone or

Internet access. This was a sign of

something to hide. The rubbish was

being burnt on the site of the

compound, not put out to be

collected. That is another sign

that something was amiss. Last week,

Obama gave the order in his words

"to get him. But" there was a

special operations team that went

in and someone Bin Laden was shot

and killed and his remains were

captured. His son and two other

adults were killed in this

operation. No Americans were harmed.

Here is the president. The death of

Bin Laden marks the most

significant achievements to date in

our nation's effort to defeat Al

Qaeda. His death does not mark the

end of our effort. There is no

doubt that Al Qaeda will continue

to suppress you attacks against us.

We must and we will remain vigilant

at home and abroad. As we do, we

must also reaffirm that the United

States is not and never will be at

war with Islam. It was a message to

Muslims everywhere. Not just in the

United States, this is not a war

against Islam but there are fears

of an Al Qaeda retaliation.

Security is being strengthened at

various military bases and other

posts. Fears of a counter-attack a

very real. This hasn't stopped the

celebrations we have been rinsing

on the streets of Washington and

New York -- witnessing. The sight

of ground zero in New York. There

are thousands in the middle of the

night in New York taking part in

the celebrations. They are showing

their patriotism and relief. It may

not be the end of the war on

terrorism, as Julia Gillard and

others have pointed out, but Al

Qaeda will never be the same again.

What does this mean for the

Australians who have lost so much

on the wall -- the war on terror?

Yvonne Kennedy was killed in the

September 11 attacks, she was a Red

Cross member, the 62-year-old was

on the plane that crashed into the

Pentagon. Simon Kennedy is her son

and is a Sydney-based comic and

writer and a close friend of mine.

Simon Kennedy, welcome, strange

circumstances in which we talk. It

is good to see you. If you people

who are listening to you on Sydney

radio, who know you through your

comedy work in Sydney, were aware

of what you went through. You This

private. How did you react today?

It was pretty hard, to be honest,

mate. It was another one of those

events for people like myself, the

families, it brings it back. That

is one of the hardest things that I

think about being a family member

of someone lost in September 11.

You are constantly reminded. It is

a hideous loss in your life. This

was a weird moment for me today, I

was at home with my wife and kids

and it was strange because it was

brought all back. I had a flood of

emotions and it was a strange

sensation of relief. The relief is

quite bitter and it is not a

celebration for me. It was just

another day in the long list of

unusual days that you get. I want

to talk about that. It is very

unusual what you have gone through.

The public nature of 911. You would

have seen today in pictures of all

the Americans cheering and

celebrating, waving their flags

outside of the White House and

ground zero, it hasn't been that

sort of feeling for you? No, not

really. What you see there is

patriotism from the Americans. They

are very proud nation and they will

beat their chests when they have

two and good on them. They do that

and they do it well. When it comes

to the families on the other side

of the globe, we look at things

differently. Floros it is not about

-- Floros it is not about a

national tragedy, it is a personal

loss. That is how we see it. It is

very difficult sometimes to Wade

through the fog of American

patriotism to discover we'll grief

lies. Nothing against them, they

are a wonderful country of people

and they are very good at reaching

out to us on the other side of the

world and making sure we're

informed about what is going on in

keeping us involved. We do things

differently down here, don't we?

Wading through the fog of American

patriotism, beautifully put. Over

the last 10 years, have you thought

about a summer Bin Laden? It has

taken a long time to find him and

kill him. -- A summer Bin Laden.

Was the reaction a surprise to you?

Yes, it was. I have never been out

for blood. I think a lot of people

who were in the position that I am

in where you have lost someone, to

put it crudely, due to murder,

probably have wild fantasies about

what they would do if they were

confronted with the person who

killed a family member. I won't say

that it hasn't popped into my head,

what I might do if I was in a room

alone with the guy but in the end,

the ethos is not about going for

blood or taking lives, I am not

even a supporter of the death

penalty. If I had a choice as to

how the justice was handed down,

maybe it wouldn't have been the way

it was done today. There is a

surprise in that I was actually

quite relieved. I think I have a

little bit of guilt that goes with

that because... I don't like to see

people killed. A matter who it is.

For me today, maybe I was surprised

at myself and, hey, my wife said to

me today "you are only human."

Macula exactly. While we me today "you are only human." Macula exactly. While we

. You may not like to see anybody

die, would you happen to have --

would you have preferred to see Bin

Laden captured and put on trial? It

may be fantastical but would that

have been your preference to see

this bloke caught and held up and

put on trial and face some of the

victims rather than what we have

seen today? I guess in my head,

that is how I think things should

play out in the world. Everybody

should have their day in court. It

would have been a foregone

conclusion with him. I guess that

is how I saw it. Like you say, the

likelihood of that happening was

pretty slim. I think we all knew

what was going to happen once he

was found. It is no surprises. Once

again, it is just another reminder

for us. Another odd step on what

has been an extraordinary journey.

When you say you were never

interested in blood or vengeance, I

know you won't, your feelings at

the time were very practical I

think about what was going on, this

event, it changed the world didn't

it? It led to the war in Afghanistan, we saw the backlash against Muslims around the world,

unfairly, how did you feel about

all that and all that has happened

in the wake of the September 11

attacks? Luke so much has happened

So much has happened since. I think

the anti-Muslim sentiment that has

risen, it really bothers me. I

think each to their own. When

people asked me" you must hate

Muslims?" I say no. It is like

asking a black person if they hate Christians because of what the Ku

Klux Klan gets up to. I don't think

it makes sense. The intolerance

that has bubbled to the surface, we

have seen a fair bit of it in our

country, it saddens me. I think it

is a weight that wasted energy. As

kitsch as it might be, I often like

to think why can't we just all get

along? In the end, that is probably

the best defence, keeping people

close and befriending them, as

opposed to isolating them. I think

that has happened more so since 911,

who knows what that is going to

bring. As I said, you have

generally kept it to yourself, a

private affair, you were working at

the time and still are as a comic

in Sydney, it is hard to imagine

how somebody stands up and can be

funny when you are dealing with his

grief and as you say, but a public

thing as 911, it is always around

you and in your face. I know you

are writing a book about this, to

try and give us all a sense of how

you have coped with this dual life

of being a comic and dealing with

the terrible tragedy. As writing

the book been part of the healing

process? It has. I didn't go into

it thinking that it would be the

case. Most people say it is a

cathartic experience to write

things out. I did it to put the

story on paper because I think I

was starting to lose it in my head.

When I say lose it, I mean the

memory and story. I didn't want to

push it down forever. I wanted to

document, and purposes what went on

with me over the last 10 years and

how I have managed to survive that professionally and personally.

There have been a lot of ups and

downs in both areas. To be honest,

I am proud of where I am now. I am

proud of the fact that I have been

able to establish a career and have

a great wife, wonderful wife, and

break-ins. Writing it out has made

me realise it is probably a case of

telling people that step-by-step,

you can move on from something like

this. You can't forget about it but

you can keep going forward. You integrate these tragedies into your

life. Strange as it may sound, they

do improve on you. What doesn't

kill you makes you stronger, all

that sort of stuff. It is a cliche

because it is true. I guess you

have another chapter for the book

today. The death of Bin Laden, it

may not be a closing chapter but it

is another twist in this. Was

unexpected. To be honest, I

actually didn't think we would ever

see this day. I figured that it

would fade away and that for all I

knew, he was dead for years. No one

year. It wasn't expected. It has

become an event for me, this year.

It is certainly something... A

little bit more therapy to write

out in the next few weeks. Simon,

your mum has missed a lot in the

last 10 years, you have a beautiful

wife and kids, the way you have

dealt with this and be able to talk

about it today, it is really good

to see. We really appreciate you

sharing this with us today because

a lot of Australians are wondering

about what you and people in your

position have been going through

and what you would be feeling.

Thank you so much. Thank you. I

want a life -- I won't say I speak

for everyone, this is just my

perspective. It is another day that

we look back and remember.

Simon Kennedy joining us for some

reaction from a family perspective

at the death of Osama bin Laden. We

turn to the strategic implications

of this, what it is going to mean

for Afghanistan and Pakistan, and

what it will mean for the rest of

the world. We are joined from

Melbourne by Greg Sheridan. Thank

you for your time. I want to start

by looking out exactly what has

happened, what we know of the

operation itself. Details are

trickling out. We are starting to

get a better picture. This was at a place near Islamabad in Pakistan.

intelligence and the operation What do we know about the

itself? This is already becoming a

matter of dispute. What we know is

that it was an American human

operation. It was not predator

drones, it was CIA agents on the

ground. It appears that the Osama

bin Laden and several others were

killed in a fire fight. There is

already emerging some dispute about

how closely the Pakistani's were

involved in the operation with the

Americans. It was a huge compound

that Osama bin Laden lived in. It

is 80-odd kilometres away from

Islamabad. That was surprising. A

lot of people thought he was in a

cave in the border region, but

after that, who knew where? A big

compound would stand out like a

sore thumb, wouldn't it? Absolutely.

I didn't think I could live in a

Pakistani intelligence knowing big compound in Islamabad without

about it. I spent a lot of time

with Indian military and

intelligence types, and they have

been of the views of the last 10

years that Pakistani where a summer

garden -- osama bin laden was the

whole time, or some in the

Pakistani military structure new.

There is going to be a downside for Pakistan, because people will

conclude, as they did with the nuclear proliferation network, that

the Pakistani people knew it all

the time and it was lying or

deceitful, or alternatively if they

did not know, they are the most

incompetent state in the world. But

President Obama has presented it in

a positive light in terms of the

partnership with Pakistan, and that

is how they will try to spin it.

Clearly an impressive operation.

The CIA agents and other special

operations, not only killing Bin

Laden and two of his sons, but

taking the body out as well. None

of the Americans were harmed. Do

you know where the body is now and

whether it images that will be made

public? I think images will be made

public. That was the pattern with

Saddam Hussein's sons. It is in

America, I believe. There are a lot

of impressive features about this,

which is why it is a big victory

for the Americans. They kept the

operation entirely within secret

within their own system and our own

allies. And in the days of

WikiLeaks, that is quite an amazing

accomplishment. Secondly, there was

the sheer technical competence of

the operation. We don't know how

difficult and operation it was, but

you can bet it was not easy. They

accomplish that with secrecy and

effectiveness. Thirdly, they have

killed an enemy, and that shows it

is dangerous to be an at -- an

enemy of the Americans. The

American intelligence community has

been reviled and criticised since

9/11 on many, many occasions, and

this will be an unambiguous boost

to the morale of the American

intelligence agencies and American

troops. It will have long-term

into the conversation, Peter strategic implications. Lets bring

Hartcher. Peter, where just

discussing first of all what we

know of this operation. The fact

that Bin Laden was found in quite a

sizeable compound in Pakistan,

President Obama was at pains to point out there was cooperation

with Pakistan, but does this race

in mind the question of why he was

living in a big compound in

Pakistan without Pakistani knowing

about it? The options are Pakistan

didn't know about it, in which case

it raises questions about the

competence of the Pakistani state,

or that Pakistan did know about it, and it raises questions about Pakistan's willingness to cooperate

with the US and the West in general

on the so-called war on terror.

Either way, the answer is

uncomfortable. It is. The capture

itself, the operation itself,

killing Bin Laden, capturing his

remains. The significance of this

now globally, I have heard various

commentators, one suggesting the

war on terrorism is over. I'm sure

that is overstating it, but what is

the significance today? It is

important principally because until

this day, as long as Bin Laden was

still alive, it was a standing

rebuke to the US and the West,

because it meant that you could

strike the US at its heart, in

Washington and New York, with

impunity. That impunity has not

ended. It is important to

demonstrate that, that you cannot

orchestrate a terrorist operation

against the US and get away with it.

Greg was hinting at this early hour,

this was a confidence multiplier

for the US and its allies. This is

why Pakistan is such an important

part of it, because it is a

confidence multiplier that the US

is competent, it can project power

and you cannot define it for ever

and get away with it. Greg, what

happens now to Al Qaeda? It is

probably stronger is now not in

Afghanistan but in Pakistan, in

Yemen and elsewhere. What now

happens to them? Will it be the

same force it has been without Bin

Laden? I think this is a big blow

to Al Qaeda, although I think it is

a very protean and regenerative

movement. One of the biggest

consequences of this operation

today is that the Americans can

leave Afghanistan without the

danger of Osama bin Laden parading

in their departure. That is very

important. I have come to the view

it is a little heterodox that the

sooner we are out of Afghanistan

the better, because the Pakistan

now have an incentive to take on Al

Qaeda and the Taliban in their own

interests, rather than to continue

to use them as a hedge against our

influence. I think it does raise

very profound questions about the

degree to which we could operate

with Pakistan, because of its obvious sheltering of Osama bin

Laden for all of these years. On

the other hand, you don't want to

turn Pakistan into an enemy in

possession of 100 nuclear weapons.

But I don't think this is a

knockout blow to terrorism or Al

Qaeda as a dash as an organisation,

but at the very least this demonstrates a calculation of behalf of Pakistani forces that

they needed to do something very

big to the US. Incidentally it

massively increases the likelihood

of Barack Obama's re-election, and

that is a big plus for him. Peter,

what do you think for Al Qaeda? Bin

Laden, operationally it is hard to

know how involved he was, but he has been an important symbolic

figure not just for Al Qaeda but

Jihad around the world. He has been

parading not just as an operational

figure but as a spiritual leader.

That is why he dresses in white,

and he carries on as a sort of

Freedom fighter on behalf of all

sorts of causes of the marginalised

and powerless. That is his attempt

to appear to be a principled leader rather than the unprincipled

butcher which of course he was.

Removing him has now happened

operationally. It would make much

difference. We saw with Al Qaeda in

Iraq that it does not matter how

many times you kill the leader or

how many readers you kill, that the

organisation will always grow a new

leader. In its self, this does not

represent the end of Al Qaeda and

it does not represent the end of

terrorism. In fact, to pick up on

your earlier quote, somebody who

said this was potentially the end

of the war on terror, the former

head of counterterrorism at the CIA,

they say that first there is no

such thing as a single war on

terror, but even if there were, it

is a never-ending war, and that

pretty much sums it up. It is a

sobering thought on the day we are

seeing their celebrations in New

York and Washington. We are yet to

see reaction in the Middle East.

Peter, he recently returned from

the Middle East. What sort of

reaction do you expect? Are we

going to see the sort of

counterpunch reprisal attacks that

some fearing? Inevitably we will

see some attempts at reprisal

attacks, absolutely, and Al Qaeda

has threatened that over months and

years. Al-Qaeda's operational

capability is a lot downgraded, and

this will be an interesting

indicator of what they have left

and what they can pull off. But the particular moment at which this

occurs in the Middle East to which

you refer, this occurs in the

middle of the Arab uprisings, and

they are particularly interesting

and meaningful, because what we see

their is the sort of pent-up frustrations, all the dysfunction of those Arab dictatorships, they

are filed -- finally being

violently thrown off. A lot of

those frustrations for quite a few

people in the Arab world until now

had been searching for some sort of

expression or outlet. Some found

that Albert in Osama bin Laden and

terrorism as a sort of desperate

resistance against the West,

against domination and modernism,

call it what you will. The Arab

uprisings now mean that people in

the Arab world, at least in some

countries, are taken control of

their own lives, their own

circumstances, and trying to

express their frustration in the

positive sense of building better

societies for themselves rather

than expressing it through the

hopelessness and false god of a terrorist leader parading around in

white as some sort of spiritual

leader. Greg, do you think Al Qaeda

has been able to leveraged much

capital out of the Arab uprisings?

Will there be over lap and reaction

amongst those very people to the

News of Bin Laden's death? So far

the Arab uprisings have been

surprisingly liberal in their tone.

It is very early to make judgements.

We still have to be very

provisional. But they have not

generally had an overwhelming Islamist tone. There have been

Islamist elements in all of them

and Al Qaeda elements in the Libyan

rebels, but generally the tone has

been one of modern, cosmopolitan,

contemporary content for the

Islamist agenda which they see as

just as old-fashioned as the

military dictatorship agenda. That

is about the most positive thing

that has happened in the world I

think in the last 10 years. I think

Osama bin Laden's death is

tremendously important for the

Americans, but within the Middle

East I think it will just have a small reinforcing effect of suggesting that they are not

winning after all, that the promise

of militant Islamist and, while

certainly it will still have a lot

of adherents, it has not brought

success to anybody. I think it will

help the sense that history is not

on the side of the Osama bin Laden

types. But I think it has a much bigger effect, paradoxically, on

the Americans. Looking at

Afghanistan in particular, Peter,

do you think this is going to

change momentum in the war is self,

which is dragging on?

The Taleban have had their own

leadership and strategy and tactics.

The other point about the death of

Osama Bin Laden is that if you are

a follower or a fan, until now, you

will see this as his martyrdom, not

the end. It is not going to be a

body blow to the Taleban forces. We

shouldn't expect it to be. As the

Prime Minister was making the point,

just an hour ago, it is very

important that we not use this as

some sort of opportunity, excuse or

apprehended moment that is

apprehended moment, to ease the

fighting in Afghanistan, it is the

fighting season. It will not get

easier. That is a good point.

Looking at the United States, Greg,

the failure to capture or kill Bin

Laden was a long-running

embarrassment for George W Bush.

Barack Obama made it a priority for

the CIA, when he took over as

president. This seems that we are

witnessing now in Washington and

New York, all this mean politically

for Barack Obama? The primary a

fact is on America. -- Effect is on

America. It is tremendous for

Barack Obama. Presidents get the

blame and they deserve to get the

credit for things that are right.

The catch cry "Obama got Osama,"

will be powerful. Obama's speech

was pitch perfect. I am not an

Obama Boyd that fills a tingle run

up my leg whenever he speaks but I

think he responded Brealey. He

alluded in a very positive way to

his predecessor, George W Bush,

this was an entreaty to the

independence who had deserted Obama

over the last 18 months. The scenes

of joy and celebration that you are

seeing in America will be focused

on the president, who has ultimate

responsibility for this operation

and is also a great victory for the American intelligence services. It

doesn't matter if the Pakistani's

circuit to them on a plate, they

get blamed for the failures so they

will take credit for the success.

This is a good day for America, a

very good day for the national

security organisations in America

and an exceptionally good day for

the president, and for his real

election prospects. Peter

That Absolutely, glad we don't have

to think too much about what runs

up and down Greg's leg, what makes

it tingle. It was a great speech.

It was an excellent speech. It is

true that he has short up his

national security credentials and

the attack from the right, the

Republicans. This will give him

some standing on national security.

Of course, you can expect it will

produce a general spike in terms of

approval and confidence, in any

case. In political terms, it is a

valuable piece of armour that Obama

now has bolted onto his right hand

flank. It is a day in history that

Julia Gillard says we will all

remember. Thank you for your

analysis. Speaking of Julia Gillard,

I want to recap some of the

comments that she made about an

hour ago. The Prime Minister Dead

Sea that this -- did say that this

will be a moment in history. We are

all thinking of the families who

lost loved ones to the terrorist

attacks of 911, barley, Mumbai,

London as well. Also Jakarta.

Australians have lost lives in each

of these terrible terrorist

atrocities. The Prime Minister

confirmed that travel advice is

being changed and updated --

upgraded. We are asking people to

be more careful about their

personal security. We anticipate

that there may be mass gatherings

and demonstrations in some

locations. We are warning people

not to be caught up or swept up in

those mass gatherings and

demonstrations. We are asking them

to be careful in relation to their

security. Lets go back to our

reporter, David Lipson, David, we

are talking about the travel advice

for Australians. Be careful in big

gatherings, particularly the middle

east. Gatherings outside of hotels,

the Western hotels. What is the

nature of the travel advice, any

change in security for the military

bases around the world were

Americans? What is the White House

and American officials saying about

their fears and what they are

doing? Well, there has been an

official alert put out by the US

State Department. Essentially, it

is urging all Americans, similar to

what Julia Gillard was saying. It

was a little bit more elevated than

that. Urging them to avoid

unnecessary trouble or at least

try... Concerned of a backlash,

worldwide travel alert and the US

is urging citizens to limit the trouble and mass gatherings.

Security has been beefed up at US

embassies around the world. There

is some fear that there will be a

reprisal attempt, at the very least,

partly because of the extreme

jubilation that you are seeing on

the streets of New York and

Washington DC. You have to remember

as we have just heard your previous

guests staying at Osama Bin Laden

was revered by many people, he will

in some people's eyes be a martyr.

For people to be celebrating his

death like that, it will cause

offence to some people around the

world. As hard as it may be the most Australians to believe.

Looking at Osama Bin Laden, it has

taken a long time to get him. There

is going to be enormous fascination

about how this originated. There is

a suggestion that this was served

up on a plate by Pakistani, which

knew that it finally had to give

something to the United States. We

don't know a huge amount. Talk

through what we do know. About the

intelligence that led to this and then the operation itself. It

sounds like an incredibly

impressive operation. Absolutely.

It was very long-running. Obama

said that he first got wind of the

possible whereabouts of Osama Bin

Laden way back in August and then

it took many months to confirm

those reports. He held about five

national security meetings,

starting in March. Going for over a

month at the very least. It was

then during the last seven days or

so that Barack Obama finally

approved a mission. That mission

wasn't carried out until the last

24 hours or so. It involved for helicopters, flying into this

compound which was around about 100

km from the capital of Pakistan,

Islamabad. The troops landed on the

ground and went in, there was a

firefight, Barack Obama says,

during which Osama Bin Laden was killed as well as several others.

The Al Qaeda is leader's body was

taken into custody to be confirmed

as the man himself. We have seen

some pictures that other media are

running, particularly in Pakistan,

of a man, a corpse that they say is

Osama Bin Laden. We haven't had

those verified. Until they are

verified, we won't show you. They

are pretty grisly and ugly. It was

a successful operation, no American

troops were harmed in any way,

there was... There are reports that

a helicopter that was used in the

operation did go to ground at one point because of mechanical failure

but either way, no Americans were

harmed and they got their man. We appreciate the caution of the

images. We know that he is adamant

that in American custody. Any

images would have to be authorised

by the American military. Thank you

for the update. Let's see what has

been happening market wise. This is

such a big story around the world.

We are joined by John Kerrison from

the business channel. John, what

has been the reaction on the

markets? It is pretty hard to

overstate the jubilation in the

United States because of this

announcement. The pictures from

Washington and New York are showing

that. We see evidence that it will

play heavily on the markets. The

Dow futures are up 0.8%. It is late

Sunday night in the United States.

The markets will open up our time.

The Australian markets, they were

down about 1% earlier today but

they regained some of that lost

ground to close flat. That is

perceived as being a good reaction

on our markets after the news in

the United States. The Australian

dollar, it is big news that we saw

this morning it was higher than 110

US cents. The news that Osama Bin

Laden was killed, the US dollar

climbed and the Australian dollar

dipped back, not by a lot though.

It is now just above 109 US cents.

Interestingly, we also saw this

news affect oil futures. They are

down. After 10 years of instability

while the world hunted for Osama

Bin Laden, the oil traders are

seeing it as good news. John

Kerrison, thank you so much. We'll

be right across this story, which

is just an incredible development

today, there will be no doubt some

reaction across the world

especially the Middle East. Also

the United States. Stay with us.