North Korea said leader Kim Jong Un ousted his uncle and de facto deputy for abuse of power, corruption and gambling away foreign currency reserves, in the highest-profile purge since Kim took power two years ago.
North Korean leader Kim Jong Un is asserting his authority two years after assuming power by dismissing his uncle, a senior military leader who had been installed as a “regent” to watch over the young ruler, former Secretary of State Madeleine Albright said.
Madeleine Albright, who served as secretary of state in President Bill Clinton’s administration, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that North Korean leader Kim Jong Un is asserting his authority two years after assuming power by sacking his uncle, a senior military leader who had been installed as a regent to watch over the young ruler.
Asian stocks fell after the yen strengthened overnight and valuations on the regional equities gauge climbed to a six-month high, with investors awaiting U.S. jobs data this week that may provide further evidence as to when the Federal Reserve will reduce stimulus.
The following is a reformatted version of an e-mailed statement released today by the official Korean Central News Agency from Pyongyang after the announcement of the death of North Korean dictator Kim Jong Il.
North Korean defectors gave graphic testimony about deprivation and violence, in contrast to the image of socialist prosperity promoted by dictator Kim Jong Un at recent banquets celebrating a new ski resort and water parks.
On Dec. 19, not long after news of Kim Jong Il's death went public, the Chinese Communist Party issued a note of condolence reminding the North Korean people that he was "a close friend of the Chinese people."