Monday, December 19, 2011

DTN News - NORTH KOREA ~ KIM JONG IL DEAD: Missile fired, Shares Fall As North Korea Mourns Kim Jong-il's Death

DTN News - NORTH KOREA ~ KIM JONG IL DEAD: Missile fired, Shares Fall As North Korea Mourns Kim Jong-il's Death

(NSI News Source Info) TORONTO, Canada - December 19, 2011: It was next year that Kim Jong-il was finally supposed to deliver for his people. North Korea, he had long promised, would become a “strong and prosperous nation” in 2012, in time to celebrate what would have been the 100th birthday of his father, the country’s founder Kim il-Sung.

13.15 The AFP news agency has done a useful Question & Answer piece - one question that caught the eye in particular is what will happen now? They say that Kim's body will lie in state in Kumsusan palace where the embalmed body of his father - Kim Il-Sung, the founder and "eternal leader" of North Korea who died in 1994 - is on display.
After Kim's funeral on December 28, thoughts will turn to the succession but there are few details as to how it will be carried out. Kim Jong-Un's status as heir apparent was only made clear in September 2010.
Even Kim Jong-Il, who was openly groomed for the leadership and designated as successor some 14 years before his own father died, did not formally take over the leadership of the ruling party for three years afterwards.
12.55 More on North Korea test-firing a short-range missile off its east coast - South Korea's Yonhap news agency is quoting an unnamed government official as saying the missile launch was unrelated to the announcement that Kim had died.
The missile is believed to have a range of about 72 miles, he said.
12.45pm Amid the bizarre images of the day, here is the South Koreancabinet holding an emergency meeting. They appear to be wearing yellow boiler suits. The South Korean president ordereded all government employees to be on emergency alert, a measure that would restrict their unauthorised leaves and put them on standby. Presumably that is where these dashing suits come in?

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