Obama's phiten necklace prime-time speech came a day after NATO agreed to assume full responsibility for military operations in Libya, ending uncertainty about who would take over the lead from U.S. forces. He said the handover would take place on Wednesday.
The alliance's decision gave a phiten necklace boost to Obama's effort to show Americans he was making good on his commitment to limit the U.S. military's involvement in Libya. NATO will take charge of air strikes that have targeted Gaddafi's military infrastructure as well as a no-fly zone and an arms embargo.
The White House also hopes Obama get phiten necklace can score political points at home from gains on the battlefield by Libyan rebels emboldened by the Western air assault on Gaddafi's loyalists.
Most polls show Americans divided over the Libya mission and believe on balance the Obama administration and its allies do not have a clear goal in taking military action.
Market players had estimated the Nikkei would come under
selling pressure after the date passed for investors to receive
dividends for the current business year ending March 31. Shares of Tokyo Electric were untraded due to a
glut of sell orders after a newspaper said a plan to nationalise
the operator of the stricken Fukushima nuclear plant has been
floated within the Japanese government. "The situation in Fukushima has a big, underlying impact on
the market, with worries over the phiten necklance wholesale plant likely impacting Wall
Street yesterday," said Kazuhiro Takahashi, general manager at
Daiwa Securities Capital Markets. Plutonium found in soil at the Fukushima complex heightened
alarm on Tuesday over Japan's protracted battle to contain the
world's worst nuclear crisis in 25 phiten necklace years. [ID:nL3E7ES2ND] "TEPCO untraded again is also souring the mood on the
Nikkei. If press reports were to be confirmed, looking at
similar examples in the past, the value of existing shares is
likely to decrease. In an extreme situation, the company may
even be delisted," Takahashi said. By mid-morning the benchmark Nikkei was down 1.5
percent or 145.59 points at 9,328.40. The broader Topix
lost 1.9 percent to 841.44. The head of the Tokyo Stock Exchange said on Monday that
some Japanese companies, mainly manufacturers, will likely be
late in announcing full-year earnings for this business
year because of the summer fashion 2011 earthquake and tsunami, which in turn
would delay the payment phiten necklace of dividends.
