World War 3: UN Calls Emergency Meeting

World War 3: UN Calls Emergency Meeting

World War 3: UN Calls Emergency Meeting

The United Nations Security Council is due to meet on Tuesday behind closed doors to discuss North Korea’s latest missile test at the request of the United States, Japan and South Korea, diplomats said on Sunday.

On Sunday afternoon, North Korea fired off a ballistic missile from the vicinity of Pukchang in the country’s western province, which flew about 500 kilometers. It was the eighth ballistic missile launch by the North this year and came only one week after it launched another intermediate-range ballistic missile.

North Korea made a global appeal in a letter released on Friday for states to reconsider enforcing U.N. sanctions on the Asian nation as Washington seeks to step up pressure on Pyongyang to end its nuclear and ballistic missile programs.

The United Nations Security Council first imposed sanctions on North Korea in 2006 and has strengthened the measures in response to its five nuclear tests and two long-range rocket launches. Pyongyang is threatening a sixth nuclear test.

In the letter to 192 U.N. members and two observer states – dated Thursday – North Korea urged them to “reconsider any of their implementation activities until the legality of those ‘sanctions resolutions’ are to be clarified.”

North Korea on Monday disclosed scores of photos of the Earth taken from mid-atmosphere via a camera installed on a ballistic missile which it test-fired the previous day, in an apparent bid to show off its missile atmospheric reentry technology.

In its Monday issue, the Rodong Sinmun, an official daily of the North’s ruling Workers’ Party, made public 58 color photos showing the Earth while saying, “The test-fire of the ground-to-ground medium-to-long range strategic ballistic missile Pukguksong-2 was conducted successfully once again.”

The paper’s front page carried photos showing North Korean leader Kim Jong-un with a broad smile surrounded by senior party officials and Gen. Kim Rok-gyom, commander of the North Korea army’s Strategic Forces, and the Pukguksong-2 soaring from a mobile launch pad, called transporter erector launcher (TEL), trailing gray smoke.

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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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