An already tense situation on the Korean peninsula escalated with North Korea’s launch of its highest-ever ICBM that landed in Japanese waters. Anna Fifield, Tokyo bureau chief for the Washington Post, explains how significant the action is. Later in the programme, Jared Bernstein, a member of President Obama’s economic team, talks about Jerome Powell’s testimony on Capitol Hill as he seeks confirmation to become the next Federal Reserve chairman. We’ll also hear from the BBC’s Karishma Vaswani about how Vietnam has become home to a thriving start-up scene, and discuss diversity in this year’s Grammy nominations with Kevin Fallon, senior entertainment reporter at the Daily Beast.

(Picture: Kim Jong-Un delivering a statement in Pyongyang. Picture credit: Getty)