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Kim Jong Un hailed 'Supreme Leader' by military

The North Korean military hailed Kim Jong Un, the country’s new leader, its “supreme leader,” the Associated Press reported. The support of the military is considered crucial during this time, when Kim Jong Un is taking over the country less than a week after his father, Kim Jong Il died.

Asian markets and the Won decline after Kim Jong Il's death

The death of Kim Jong Il rattled Asian markets, with the indexes falling as analysts warned his death could cause an uncertain power transition and pausing any discussion aimed at getting North Korea to give up its nuclear weapons, the Associated Press reported.

WikiLeaks: N. Korea will use nuclear weapons in exchange for normalization with US

North Korea will use its nuclear weapons as the "final card" in exchange for the normalization of ties with the United States, reports Arirang, a Korean television station.
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