North Korea Parliament To Hold Rare Second Annual Session Monday, Major Announcement Expected

Excerpts: Analysts said the North could use the extra session of the Supreme People's Assembly to make a major announcement on personnel changes or power succession, or to issue a hardline response to sanctions imposed by the South over the ship sinking.

Many analysts say neither side is ready to go to war but also see the possibility of more skirmishes at their disputed sea border off the west coast or along the heavily armed DMZ land buffer that could flare up into a major fight.

And:

North Korea has called Seoul's move to refer it to the Security Council an "unforgivable act of grave provocation.

The Supreme People's Assembly is the North's rubberstamp parliament, and approves new laws, personnel changes and economic policy initiatives as a formality after they have been formulated by the leadership