LATEST: North Korea rocket launch fails - read more - http://on.rt.com/2vs6rw<br /><br />A South Korean news agency reports the North is preparing a new underground nuclear test. It will allegedly follow the long-range missile test planned for later this week. In a rare move, foreign reporters were allowed to see first hand the fully-prepared rocket at the launch site. The North's aim is to put a communications satellite into orbit, but the US and South Korea say it might be a covert ballistic missile test. And Japan is prepared to shoot the rocket down if it goes over its territory. For analysis, RT talks to Doctor Tim Beal, a researcher and Asia specialist from New Zealand.<br /><br />RT on Twitter: http://twitter.com/RT_com <br />RT on Facebook: http://www.facebook.com/RTnews