N.Korea may be preparing missile launch

North Korea may be preparing to launch a long-range ballistic missile that could reach parts of the United States, Japanese media reports said on Friday, but Japan's government said it did not believe a launch was imminent.

Quoting unidentified South Korean government officials, public broadcaster NHK said satellite pictures showed there have been signs since early this month around a site in northeastern North Korea that pointed to a possible firing in the near future.

North Korea has said in numerous official media reports that it is building a nuclear deterrent to counter U.S. hostility. The United States believes that North Korea has one or two nuclear bombs and the ability to build more.

NHK said the missile appeared to be a Taepodong-2, which previous reports have said has a range of more than 6,700 km (4,200 miles), making it capable of hitting Alaska with a light payload.
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...and Iran is the threat?! Below is the reason that the Bush administration is willing to sit down and talk with the North Koreans (who actually HAVE nukes) while attempting to weasel their way into a reason to occupy Iran (who cannot even enrich uranium to weapons grade).

Natural Resourses
IRAN: petroleum, natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc, sulfur
NORTH KOREA: coal, lead, tungsten, zinc, graphite, magnesite, iron ore, copper, gold, pyrites, salt, fluorspar, hydropower