The death of Kim Jong-il threw the Korean peninsula into fresh uncertainty on Monday as the North Korean regime named the dictator’s youngest son as the “Great Successor”, rattling financial markets in the south.
In a solemn broadcast, a North Korean television newscaster announced that Kim Jong-eun would assume power after his 70-year-old father died of a heart attack on Saturday while travelling outside Pyongyang by train.
“He worked day and night for socialist construction and the happiness of people, for the union of country and modernisation. He left us so suddenly,” said the teary-eyed newscaster.
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