North Korea's military to share power with Kim's heir

[ via Yahoo News ] 21 Dec

North Korea will shift to collective rule from a strongman dictatorship after last week's death of Kim Jong-il, although his untested young son will be at the head of the ruling coterie, a source with close ties to Pyongyang and Beijing said.

The source added that the military, which is trying to develop a nuclear arsenal, has pledged allegiance to the untested Kim Jong-un, who takes over the family dynasty that has ruled North Korea since it was founded after World War Two.

The source declined to be identified but has correctly predicted events in the past, telling Reuters about the North's first nuclear test in 2006 before it took place.

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Jobs Heirs may Sell Apple and Disney to avoid millions in Capital Gains Tax

Full Story: Bloomberg Businesswek 22 Nov

Steve Jobs’s widow may never find a better moment to sell her late husband’s $6.78 billion of Apple Inc. and Walt Disney Co. stock. Under U.S. law, Jobs’s heirs may sell Apple and Disney and avoid $867 million in capital gains taxes, reports Huffington Post.

“I can’t see any reason not to sell all of it,” said Kacy Gott, chief planning officer at the wealth-management firm Aspiriant, whose clients have assets of as much as $100 million. “They should have been looking to diversify years ago.”

Read full story of a decision which may become the biggest headlines the world over

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