The euphoric scenes that met the death of Osama Bin Laden will not boost President Barack Obama’s re-election hopes, according to Alastair Newton, a political analyst at Nomura in London.

“The immediate reaction in the US notwithstanding, ‘normal business’ will soon be resumed in US politics. There will be no change on the fiscal/debt polarization and contrary to some commentators’ reaction, definitely no election boost for Obama,” said Newton in an interview with CNBC on Tuesday.

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