Political Risk

North Korea launches long-range rocket

“North Korea has launched a long-range ‘missile,’ a South Korean defense ministry official said Sunday, in defiance of U.N. sanctions and warnings from neighboring nations.

Though North Korea had said it planned to put a satellite into orbit, the launch was viewed by other nations, such as Japan and South Korea, as a front for a ballistic missile test.”

Source: North Korea launches long-range rocket – CNN.com

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