At 9:10 a.m. local time on July 4, North Korea launched a new ballistic missile, the Hwasong-14, from the Panghyon Airport in North Pyongan Province. The Hwasong-14 was tested at a lofted, or steep, trajectory. This flight path maximizes the altitude of the missile and reduces its distance traveled in order to avoid overflying neighboring regions and countries such as Japan. Pyongyang further claimed that the Hwasong-14 missile was an Intercontinental Ballistic Missile -- a statement that is thus far backed up by the available flight data....