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“The world is safer,” Mr. Obama said as he appeared at a White House ceremony bestowing the Medal of Honor to two soldiers killed in the Korean War. “It is a better place because of the death of Osama bin Laden.”

Bin Laden, the leader of Al Qaeda and the most hunted man in the world, was found not in the remote tribal areas along the Pakistani-Afghan border where he has long been presumed to be sheltered, but in a large compound in the city of Abbottabad, about an hour’s drive north from the Pakistani capital of Islamabad.

The compound, only about a third of a mile from a military academy of the Pakistani Army, is at the end of a narrow dirt road and is roughly eight times the size of other homes in the area. It has no telephone or Internet connections. When American operatives converged on the residence early on Monday morning, Bin Laden “resisted the assault force” and was shot in the head and killed near the end of an intense 40-minute gun battle, senior administration officials said.