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North Korea unveils new ballistic missile during military parade

North Korea unveiled what appeared to be a new intercontinental ballistic missile during a military parade on Saturday night, though it is unclear whether the weapon is functional or built for show, according to the New York Times.

Why it matters: If it does work, analysts say it would be North Korea's largest long-range missile to date, potentially able to fly further and carry a more powerful nuclear warhead than the country's previous ICBMs.


  • It not known whether the missile has been flight-tested.

The big picture: The technology demonstrates that the country has improved its missile and nuclear innovation despite pressure from the United States, international sanctions, typhoons and the coronavirus pandemic.

  • "What North Korea has shown us, what appears to be a new liquid-fueled ICBM that seems to be a derivative of what was tested back in late 2017, known as the Hwasong-15, is much bigger and clearly more powerful than anything in the DPRK's arsenal," Harry Kazianis, senior director of Korean studies at the Washington D.C.-based Center for the National Interest, told CNN.

What they're saying: “We will continue to build our national defense power and self-defensive war deterrence,” Reuters quoted Kim Jong-un as saying during a speech at the parade.

  • Kim also said that the country’s military power would not be used preemptively and made no direct mention of the now-stalled denuclearization talks with the U.S., Reuters reported.

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Beijing's antitrust push poses a problem for Western regulators

The Chinese government's anti-monopoly machinery presents a major challenge to U.S. and European regulators, a new book argues.

Why it matters: China's huge markets are attracting investment from multinational corporations and shaping the behavior of its own globe-trotting companies — giving international heft to the country's idiosyncratic antitrust enforcement and putting it on a collision course with Western-style regulation.

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FBI: Hate crime murders hit record high in 2019

The number of hate crime murders hit a record high in 2019, while overall hate crime incidents rose by nearly 3% last year, according to the FBI's annual hate crime report, published on Monday.

The big picture: The data coincides with a growing number of white nationalist hate groups, which rose by 55% between 2017 and 2019, per the Southern Poverty Law Center (SPLC) watchdog group.

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