This document provides an overview of sentiment analysis and describes a project to create a world sentiment indicator. It discusses how sentiment analysis works, including feature extraction and machine learning classifiers. It also describes building training corpora and testing accuracy. A key part is the Splunk sentiment analysis app, which performs analysis on tweets. The world sentiment indicator project aims to analyze news headlines using sentiment analysis tools and visualize the results. Accuracy depends highly on the quality and size of the training corpus matching the data.