WEBVTT - Sophie Jackman on North Korea (Audio)

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<v Speaker 1>Paul, the Japanese government, saying the missile appears to have

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<v Speaker 1>splashed down in waters east of Japan. Let's bring in Bloomberg,

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<v Speaker 1>Sophie Jackman, who is our Tokyo Bureau chief. Sophie, what

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<v Speaker 1>do we know at this point? I know it's kind

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<v Speaker 1>of still unfolding, and I'm being told that Japan's National

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<v Speaker 1>Security Council is a meeting at this hour, right, That's right,

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<v Speaker 1>they are meeting. A typical response following a missile like this,

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<v Speaker 1>but this was pretty unusual this morning. We had seen

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<v Speaker 1>a major ramping up of North Korean missile launches in

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<v Speaker 1>recent months, and particularly in the last week or two,

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<v Speaker 1>coinciding with Vice President Harris's visit to this region and

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<v Speaker 1>even to the demilitarized Zone that separates North and South Korea.

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<v Speaker 1>But today's missile crossing over the Japanese mainland and into

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<v Speaker 1>the ocean was the first time in five years. As

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<v Speaker 1>you said, the Japanese government here issued the Jai Alert,

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<v Speaker 1>which is a civil defense warning system that tells people

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<v Speaker 1>to hunker down in heavy concrete buildings are underground, and

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<v Speaker 1>that warning only applied to the north of the country,

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<v Speaker 1>where sirens were also heard going off, but here in

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<v Speaker 1>Tokyo to all our TVs went black and displayed this warning.

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<v Speaker 1>Pretty scary. There are United Nations Security Council resolutions banning

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<v Speaker 1>North Korea from launching any of these ballistic missiles, but

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<v Speaker 1>whether there will be any kind of penalty for this

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<v Speaker 1>escalation is a bit hard to say. Earlier this year,

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<v Speaker 1>China and Russia did veto a new SECTIONS resolution against

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<v Speaker 1>North Korea for its escalating missile launches, and the world

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<v Speaker 1>is very much looking to Ukraine rather than this part

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<v Speaker 1>of the world. So it will be interesting to see

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<v Speaker 1>whether the Japanese government, of course not a Security Council member,

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<v Speaker 1>pushes for any more severe treatment after this scare today. Well,

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<v Speaker 1>you mentioned the visitor by US Vice President Kamala Harris

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<v Speaker 1>to the region. North Korea typically has a habit of

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<v Speaker 1>timing these weapons test to political events. No reason to

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<v Speaker 1>suspect that this is not one of those cases, correct,

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<v Speaker 1>That's right. In addition to that visit by the Vice President,

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<v Speaker 1>we also had the arrival of the U S. S.

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<v Speaker 1>Ronald Reagan, the aircraft carrier and it's group to South

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<v Speaker 1>Korea for joint trills there, and this is something North

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<v Speaker 1>Korea is not a fan of US South Korean military exercises,

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<v Speaker 1>but this is certainly a bit of an escalation. We

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<v Speaker 1>had seen a bit of buzz warning that the next

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<v Speaker 1>escalation might even be a nuclear test, be that underground

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<v Speaker 1>or or even in the atmosphere, which would be huge.

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<v Speaker 1>That would be the first time in many years, and

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<v Speaker 1>you'd think that that would possibly prompt a bigger reaction

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<v Speaker 1>from the international community as well. This year, in two

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<v Speaker 1>Kim Jong Ian has launched more ballistic missiles than in

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<v Speaker 1>any other year in his in his decade long stint

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<v Speaker 1>and power there in North Korea, so it is definitely

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<v Speaker 1>ramping up. We feel that very acutely here. Sophia. Thank

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<v Speaker 1>you so much for being with us in sharing your perspective,

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<v Speaker 1>and we'll keep tracking the Bloomberg terminal to see whether

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<v Speaker 1>or not there is any any statement made after the

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<v Speaker 1>meeting of the Japanese National Security Council, which is underway

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<v Speaker 1>at this hour.