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Henoko Base Relocation: Sand Deposition Begins Amidst Ongoing Opposition

Sand deposition began December 28, 2023, at Henoko to reinforce soft soil for the U.S. Marine Corps Air Station Futenma relocation, a project facing local opposition and expected to last until around 2036.

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Millions Visit St. Francis Xavier's Relics in Goa

Millions of visitors attended the decennial exposition of the relics of St. Francis Xavier in Old Goa, India, from November 21 to January 5, 2024, highlighting the saint's enduring influence and Goa's unique Christian heritage, with the Vatican sending a delegation and the event expected to generate...

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Ghosn Slams Nissan-Honda Merger as Unworkable

Carlos Ghosn, from Lebanon, criticized Nissan's planned merger with Honda, citing operational overlaps and a lack of synergy, hours before the merger announcement was made public on Monday.

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Trump Wins 2024 U.S. Presidency

Donald Trump won the 2024 U.S. presidential election with a decisive victory over Kamala Harris, securing all seven battleground states and the popular vote, despite a prior conviction, reflecting voter concerns about inflation and immigration.

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Japan Approves Tax Reforms to Fund Defense Spending, Raising Concerns About Fiscal Health

Japan's ruling parties approved tax reforms to fund a 43 trillion yen defense budget increase starting in 2026, raising corporate and tobacco taxes while also increasing income thresholds for young adults, despite concerns about reduced government revenue.

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Reduced Inequality
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Tuvalu Digitizes Government to Combat Rising Sea Levels

Tuvalu, facing imminent submersion due to rising sea levels, is digitizing its government, preserving cultural heritage, and seeking international legal recognition of its continued statehood, while also fortifying its coastlines and reclaiming land.

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Climate Action
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South Korea Impeaches Acting President Han Duck Soo Amidst Presidential Impeachment Trial

South Korea's parliament impeached Acting President Han Duck Soo on December 29th, following the impeachment of President Yoon Suk Yeol earlier this month, due to his refusal to appoint Constitutional Court justices and sign bills for investigations into presidential misconduct, leading to Deputy Pr...

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Biden to Decide Fate of U.S. Steel's $14.1 Billion Sale

President Biden will decide within 15 days whether to approve Nippon Steel's $14.1 billion acquisition of U.S. Steel after a federal panel failed to reach a consensus, despite Nippon Steel's pledges to maintain U.S. jobs and operations and counter China's steel dominance.

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Honda, Nissan Explore Manufacturing Partnership Amid EV Market Competition

Honda and Nissan are in talks to form a manufacturing partnership, possibly including a merger, to improve production efficiency and compete in the global EV market, particularly in North America where Nissan is struggling due to a lack of hybrid vehicles; the deal is contingent on Nissan's recovery...

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Industry, Innovation, and Infrastructure
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South Korea Seeks Court Warrant for President Yoon Over Martial Law Declaration

South Korea's joint investigation team has twice requested President Yoon Suk Yeol's appearance for questioning over his six-hour declaration of martial law on Dec. 3, which was rescinded by the National Assembly; the team may seek a court warrant for his detention if he doesn't comply, while the Co...

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Watanabe Proposes Multi-City Olympics to Cut Costs, Boost Global Reach

Morinari Watanabe, an IOC member and president of the International Gymnastics Federation, proposed a plan to hold the Summer Olympics simultaneously across five cities on different continents to reduce costs and increase global participation, a departure from the current model.

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Honda and Nissan Explore Merger Amidst Fierce EV Competition

Honda and Nissan are exploring a merger to create the world's third-largest automaker, aiming to compete with Tesla and Chinese EV manufacturers, following declining sales and high EV development costs; the companies sold a combined 7.35 million vehicles in 2023.

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Industry, Innovation, and Infrastructure