News Snapshot:
By Josh Smith SEOUL (Reuters) – South Korea is in the final stages of developing a ballistic missile that can carry a warhead of up to 3 tons, Yonhap news agency reported on Thursday, as the country unveiled budget proposals aimed at bolstering its defences against North Korea. In its defence blueprint for 2022-2026, the defence ministry said it would develop new missiles “with significantly enhanced destructive power,” upgrade missile defence systems and deploy new interceptors against long-range artillery. “We will develop stronger, longer-range and more precise missiles so as to exercise deterrence and achieve security and peace on the...
