This is your proxy for Pakistani-US relations.
For the third straight day, following the news of Bin Laden's killing, Karachi stocks have fallen. And this was the worst day, with the Karachi 100 index falling 2.32%.
Suffice to say, despite protestations from the Pakistan government, nobody is yet convinced that it didn't know a lot more about Bin Laden's whereabouts than it was telling the US. That is, obviously, a threat to foreign aid, and general stability in the country.
The Karachi 100:
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See Also:
- Citi Comes Pouring Cold Water: "The Short-Lived Bin Laden Bounce"
- Here's One Market Not Happy About The Bin Laden Killing
Full story at http://feedproxy.google.com/~r/businessinsider/~3/vLs47UwRCZk/karachi-stock-exchange-lower-after-bin-laden-2011-5
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