Kim Jong Un Unveils New Submarine Missile Threat as Trump Exits

(Bloomberg) — North Korea held its second major military parade in three months to mark a rare party meeting, showing off nuclear advances including a new submarine-launched ballistic missile as Donald Trump leaves office.

Kim Jong Un’s regime held the parade in Kim Il Sung Square in central Pyongyang on Thursday evening to mark the end of its first Party Congress in five years, the state’s Korean Central News Agency said. The delegates approved plans to bolster a sanctions-hit economy that last year likely headed to its biggest contraction in two decades.

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