Financial News

North Korea launches long-range rocket southward in suspected satellite deployment attempt amidst tensions

North Korea conducted the launch of a rocket towards the south, as reported by South Korea's military. The incident is suspected to be the nation's second attempt to place a satellite into orbit.

North Korea launched a long-range rocket in a southern direction on Thursday, South Korea's military said, in the North's likely second attempt to put a satellite into orbit.

South Korea’s Joint Chiefs of Staff said in a statement that the launch involved what the North called "a space launch vehicle." It gave no further details.

On Tuesday, Japan’s coast guard said North Korean authorities notified it about a plan to launch a satellite at some time from Aug. 24 through Aug. 30. Coast guard spokesperson Hiromune Kikuchi said the notice didn’t specify the type of satellite, but that he believed it would be similar to a May launch by North Korea.

In late May, a North Korean rocket carrying a spy satellite plunged into the sea soon after liftoff, posing a setback to leader Kim Jong Un’s push to establish a space-based surveillance system to better monitor the U.S. and South Korea. North Korea had since vowed to make a second attempt.

2 FILIPINO BOATS DELIVER SUPPLIES TO FORCES GUARDING A CONTESTED SHOAL, BREACH CHINESE BLOCKADE ALONG THE WAY

After its failed first launch, North Korea made an unusually quick admission of failure after its newly developed Chollima-1 rocket lost thrust between launch stages and crashed into the sea on May 31. The North's ruling party leadership described the failed launch as a serious setback in the country’s efforts to bolster its military capabilities amid tensions with rivals.

North Korea’s neighbors and the United States condemned the May launch for raising tensions and violating U.N. Security Council resolutions that banned the country from using ballistic missile technology.

Thursday’s launch came three days after the U.S. and South Korean militaries kicked off annual military drills that North Korea calls an invasion rehearsal.

North Korea’s official Korean Central News Agency said the U.S.-South Korean exercises are increasing the danger of a nuclear war on the Korean Peninsula. It said the current situation is compelling North Korea to take "offensive, overwhelming" steps, but didn’t elaborate.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback