Kim Jong II

North Korean Dictator Dies

December 19, 2011

Kim-Jong II died of a heart attack.  His presumed 28-year-old son and heir apparent, Kim Jong Un, has been named leader of this rogue state.  However, a power struggle cannot be ruled out.  The South Korean Kospi index fell 3.4%, and the won fell, too. S&P did not announced a wholesale downgrading of Euroland member […] More