Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

People watching a TV showing an image of a North Korean missile launch at the Seoul Railway Station on Aug. 10 in Seoul, South Korea. Photo: Chung Sung-Jun / Staff/ Getty Images

North Korean leader Kim Jong Un supervised the test-firing of a "newly developed super-large multiple rocket launcher," the country's state-run KCNA news agency reports.

Why it matters: This appears to be yet another demonstration of North Korea expanding its weapons arsenal apparently with the intention of increasing leverage ahead of the possible resumption of negotiations with the U.S. to denuclearize, as AP points out.

The big picture: The South Korean military said it detected the launch of 2 short-range ballistic missiles from North Korea early Saturday local time into the waters between South Korea and Japan, Reuters notes. Japanese Defense Minister Takeshi Iwaya later confirmed the missiles landed outside Japan’s Exclusive Economic Zone, posing no immediate threat.

Context: Saturday's launch is the latest in a string of 7 weapons tests carried out since late July. North Korean leader Kim Jong-un and President Donald Trump had agreed to restart denuclearization negotiations at a June 30 meeting.

  • The North was expected to cease its weapons tests after a 10-day U.S.-South Korean drill ended earlier this week, the AP reports.
  • Earlier this week, South Korea abandoned an intelligence-sharing agreement with Japan over a long-running dispute between the 2 countries over trade restrictions. Per the New York Times: "Officials in Washington have expressed concern about the growing rupture between Japan and South Korea, worried that the end of the intelligence-sharing deal would send the wrong signal to China and North Korea, which have long sought to undermine American influence in the region." The deal will not expire until November.

Catch up quick:

  • North Korea reportedly fired 2 short-range missiles from its east coast on July 24, according to the New York Times.
  • North Korea launched at least 1 short-range projectile into the Sea of Japan Aug. 1, according to a U.S. official's statement to ABC.
  • Two days before, North Korea fired 2 short-range ballistic missiles off its eastern coast, according to South Korea's Joint Chiefs of Staff.
  • North Korea reportedly test-fired “a new multiple rocket launcher system that could potentially enhance the country’s ability to strike targets in South Korea“ on Aug. 2 (EST), the AP reports.
  • South Korea's military said North Korea launched 2 projectiles from its eastern coast Aug. 9, reports Reuters. A North Korean launch, also including short-range ballistic missiles, took place Aug. 15.

What they're saying: After U.S. special envoy for North Korea Stephen Biegun visited Seoul, South Korea last week to discuss denuclearization, North Korea’s top diplomat described U.S. Secretary of State Mike Pompeo as a "diehard toxin," adding, "We are ready for both dialogue and standoff," per Reuters.

Where it stands: Trump said North Korea's 3 short-range missile tests the first week of August did not violate his 2018 agreement with Kim, but told Kim to "do the right thing" in a series of tweets.

  • Trump has downplayed the missile tests since meeting with Kim at the demilitarized zone (DMZ).
  • Trump told reporters Aug. 23 that the latest missile launch poses no new challenges for his relationship with Kim or denuclearization talks.

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

Editor's note: This story has been updated to include North Korea's latest launches.

Go deeper

2 hours ago - Health

WHO: Not yet known whether Omicron leads to more severe disease

Photo illustration: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The World Health Organization on Sunday said that it is not yet clear whether the newly discovered Omicron variant is more transmissible than other strains of the COVID-19 virus.

Why it matters: The agency's statement comes as the variant, discovered in South Africa, has already been detected in European and Asian countries.

7 hours ago - Health

Fauci: Omicron variant will "inevitably" be found in U.S.

Photo: Chip Somodevilla/Getty Images

Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, cautioned on Sunday that the COVID-19 Omicron variant will "inevitably" be found in the United States.

Driving the news: Fauci, Biden's chief medical adviser, told ABC's George Stephanopoulos on "This Week" that U.S. officials will meet with colleagues from South Africa later on Sunday to try to determine the severity of the cases, as countries scramble to learn more about the variant.

Updated 9 hours ago - Politics & Policy

Dems fear supply-chain blame

Illustration: Aïda Amer/Axios

As supply-chain kinks drive up prices and disrupt holiday shopping, Democrats are scrambling to show action and deflect blame.

Why it matters: With their party controlling both the White House and Capitol, vulnerable Democrats worry supply-chain snafus will hurt them in next year's midterms.