10 things you need to know today: April 4, 2013

The U.S. deploys missile defenses against North Korea, Obama takes a pay cut, and more in our roundup of the stories that are making news and driving opinion

President Obama is digging into his pockets in a show of solidarity.
(Image credit: Win McNamee/Getty Images)

1. U.S. SENDS MISSILE DEFENSES TO GUAM

The U.S. is sending a missile defense system to Guam in the western Pacific to defend against a possible attack from North Korea, which said Wednesday that it had authorized plans for a nuclear attack against the U.S. South Korea's Yonhap news agency said the North had moved what appeared to be a mid-range Musudan missile to its eastern coast. "The assumption remains that this is more bluster," said Rob Ryan, a strategist with RBS in Singapore. "But from here, we've reached a level of tensions that say things can't get too much worse without an actual exchange of fire." [Reuters, Bloomberg]

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.