North Korean leader Kim Jong-un inspecting the Command of the Strategic Force of the Korean People's Army. Photo: STR/AFP/Getty Images

North Korean leader Kim Jong-un said Wednesday the country's latest launch of tactical guided missiles was designed to "send an adequate warning" to the U.S. and South Korea over this week's joint military drills, state media reports.

Why it matters: The launch of the newly developed, short-range ballistic missiles on Tuesday was the 4th such exercise in less than 2 weeks. It comes as denuclearization talks between the U.S. and North Korea stall, Reuters notes.

The demonstration fire clearly verified the reliability, security and actual war capacity of the new-type tactical guided weapon system."
— North Korea's KCNA news agency

The big picture: President Trump said last week North Korea's missile tests do not violate the terms of his agreement with the country's leader Kim Jong-un. Nonetheless, he urged Kim to "do the right thing."

Go deeper: Ignoring North Korean missile tests could hamper nuclear talks

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Trump announces normalization of ties between Israel and UAE

Israel Prime Minister Netanyahu, Trump and UAE Crown Prince Mohammed bin Zayed. Photo: Artur Widak/NurPhoto; Samuel Corum; Odd Andersen/AFP via Getty Images

President Trump announced a "historic" deal Thursday which will see Israel and the UAE open full diplomatic relations and Israel suspend its annexation plans in the West Bank.

Why it matters: This is a major breakthrough for Israel, which does not have diplomatic recognition in many Middle Eastern countries but has been steadily improving relations in the Gulf, largely due to mutual antipathy toward Iran.

Updated 49 mins ago - Politics & Policy

Trump vows to block stimulus funding for mail-in voting and USPS

President Trump on Thursday told Fox Business' Maria Bartiromo that Democratic demands to fund mail-in voting and the U.S. Postal Service in ongoing coronavirus stimulus negotiations were a non-starter.

Why it matters: Trump directly linked Democrats' desired $3.6 billion for mail-in voting and $25 billion for the USPS to his continued baseless claims that increased mail-in voting will lead to widespread voter fraud.

Wind and solar power hit record global market shares in first half of 2020

Reproduced from Ember; Chart: Axios Visuals

A steep decline in coal-fired power combined with rising wind and solar output drove the carbon-free sources to record global market share in the first half of 2020, per a new analysis from the environmental think tank Ember.

Why it matters: The report shows how the coronavirus pandemic is speeding the ongoing shakeup of the global power mix — but also how it's occurring too slowly to reach international climate goals.