Important Takeaways:

• North Korea says latest spy satellite launch failed, but will try again
• The launch prompted an emergency warning in Japan just before 4 a.m. local time (1900 GMT) over the J-alert broadcasting system, telling residents of the southernmost prefecture of Okinawa to take cover.
• North Korea space agency says will try again in October
• South Korea’s National Security Council condemned the launch as a provocation and violation of U.N. Security Council resolutions banning the North’s use of ballistic missile technology.
• North Korea has made multiple attempts to launch “earth observation” satellites, two of which appeared to have been successfully placed in orbit, including in 2016.

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