‘Great Successor’ takes power in N Korea

" 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. "

http://www.ft.com/intl/cms/s/0/88cff610-29f3-11e1-a066-00144feabdc0.html#axzz1gxvvXr3f