World Moves Closer to World War 3

World Moves Closer to World War 3

World Moves Closer to World War 3

The potential of a World War 3 has increased as tensions rise in North Korea.

The US Secretary of State, Rex Tillerson, lent additional credibility to North Korea’s claim that it had launched an ICBM.

“The United States strongly condemns North Korea’s launch of an intercontinental ballistic missile. Testing an ICBM represents a new escalation of the threat to the United States, our allies and partners, the region, and the world,” Tillerson said in a statement.

Tillerson said international action is required to stop what he called the North Korean “global threat,” as he warned countries against supporting Pyongyang. “We will never accept a nuclear-armed North Korea,” Tillerson underlined.

Washington has called a UN Security Council meeting Wednesday to discuss the latest developments on the Korean peninsula. The US military has also conducted joint drills with their South Korean counterparts, firing surface-to-surface tactical missiles into neutral waters in an apparent show of force to Kim Jong-un.

While the US and its allies remain nervous about North Korea’s missile delivery capabilities, Pyongyang is yet to design a functioning nuclear warhead that can be deployed on the ICBM. Last September, North Korea claimed that it had conducted its fifth nuclear test, announcing it is now capable of mounting nuclear warheads on ballistic rockets.

The Pentagon has concluded that North Korea test-launched an intercontinental ballistic missile (ICBM) that can potentially strike the United States. Initially, the US military had assessed the missile fired Tuesday morning to be of an intermediate-range category.

“We remain prepared to defend ourselves and our allies and to use the full range of capabilities at our disposal against the growing threat from North Korea,” Pentagon spokeswoman Dana White said in a statement. White also condemned Pyongyang’s “escalatory launch of an intercontinental ballistic missile.”

North Korea has been developing nuclear technology and missiles that will be able to strike the US mainland, located around 9,000 km (5,500 miles) away. A missile is considered intercontinental if it can travel at least 5,500 km (3,400 miles). ICBM technology requires complex methods and means of engineering to successfully deliver the payload to a designated target.

The latest test managed to verify technical capabilities needed for a fully functioning ICBM, state news agency, KCNA reported. Tuesday’s launch tested the stage separation, the atmospheric re-entry of the warhead and the late-stage control of the warhead, according to KCNA.

“The test-launch confirmed the features of the rocket’s blast-off from its launching pad and technological features of its guidance and stability system in its active-flight stages and structural system,” KCNA said.

The missile is capable of carrying a “large, heavy nuclear warhead” KCNA added, as cited by AFP. The report further stated that Pyongyang’s battle with Washington had entered the “final stage.”

Immediate US military assessment of the projectile fired by North Korea said the rocket was a land-based intermediate-range ballistic missile. The Russian military also said the range of the projectile classified it as an intermediate-range and not an ICBM.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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