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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters U.N. divided on North Korea launch Mon Apr 6, 2009 2:24am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Jon Herskovitz and Louis Charbonneau SEOUL/UNITED NATIONS (Reuters) - The United Nations failed to agree on a response to North Korea's long-range rocket launch despite pressure from Washington and its allies for action, while regional powers weighed the extent of the new security threat. Analysts said Sunday's launch of the rocket -- which flew over Japan during its 3,200 km (2,000 mile) flight -- was effectively a test of a ballistic missile designed to carry a warhead as far as the U.S. state of Alaska. They said an emboldened North Korea would use the first successful launch of its Taepodong-2 missile to extract concessions for showing up at any future round of six-party talks on ending its nuclear program. It could also seek to water down obligations it signed onto under previous negotiations. "With this capability, North Korea is equipped with the infrastructure to play the nuclear game and raise the stakes in the six-way talks," said Kim Tae-woo, a nuclear and weapons expert at the Korea Institute for Defense Analysis. "As a result, more will have to be given to persuade North Korea to give up its nuclear program." The long-running talks among the two Koreas, China, Japan, Russia and the United States have been stalled since December. South Korean and Japanese financial markets shrugged off news of the rocket launch. Seoul's main share index was up 0.8 percent while the won currency was stronger against the dollar as investors cheered Wall Street's gains last week. Shares in Japan also traded higher, with the Nikkei index up 0.8 percent after earlier rising 2 percent. DISAGREEMENT AT U.N. Japan had called for the emergency U.N. Security Council meeting on Sunday. But the 15 members agreed only to discuss the matter further, diplomats said. The United States, Japan and South Korea say the launch violated Security Council resolutions banning the firing of ballistic missiles by Pyongyang, imposed after a nuclear test and other missile exercises in 2006. Council diplomats said China, the nearest North Korea has to a major ally, and Russia were not convinced the launch of what North Korea said was a satellite was a violation of U.N. rules. Three other countries supported this view. "It's 10 against five," one diplomat told Reuters. The U.S. military and South Korea said no part of the Taepodong-2 rocket entered orbit. South Korea's biggest daily the Chosun Ilbo, quoting government sources, said the rocket flew 3,200 km (2,000 miles), which would put the U.S. territory of Guam nearly in reach. The newspaper said this was double the range of an earlier version, called the Taepodong-1, fired over Japan in 1998. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: U.S. spies on China from Kyrgyz base: Russian TV also on reuters Blog: Sex, drugs and toxic shrubs: Best reads of March New York bankers best paid, London at bottom: poll Video Video: Who wants the best job in the world? 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