The story

After a three-hour emergency session Sunday, the United Nations Security Council failed to come to any agreement on how to deal with North Korea's rocket launch over the weekend.

Sources say China, Russia Libya and Vietnam are blocking any resolution or punitive measures. They call for caution and restraint while the U.S. is calling for a strong and unified response.

Officials believe the most that could happen would be a Security Council presidential statement condemning the launch and a possible attempt to reaffirm existing U.N. sanctions on Pyongyang. They do not expect new sanctions to be imposed.

U.S. Northern Command and other intelligence sources are portraying North Korea's launch of what they say was a Taepodong-2 missile as a failure. "Stage one of the missile fell into the Sea of Japan. The remaining stages along with the payload itself landed in the Pacific Ocean. No object entered orbit and no debris fell on Japan," according to a statement from the North American Aerospace Defense Command (NORAD) and the Northern Command. Watch Christiane Amanpour discuss rocket launch with security analyst

NORAD also says the launch was not a threat to North America or Hawaii. Read full article »

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