The United States and South Korea have finalized an agreement that will allow Seoul to begin developing its first fleet of nuclear powered attack submarines. The vessels will not carry nuclear weapons. Instead they will use nuclear reactors for propulsion.
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On December 3rd, 2024, President Yoon Suk Yeol of South Korea declared martial law over his parliament. This controversial decision plunged the nation into political turmoil, leading to his impeachment, and now indictment.
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Samsung Heavy Industries (SHI), a shipbuilding giant based in South Korea, has announced the closure of its Ningbo plant in eastern China. SHI was believed to have agreed to hand over the land of the Ningbo plant to the local Chinese government for industrial renewal.
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North Korea has recently announced that the country will not be participating in the upcoming Summer Olympics in Tokyo due to Covid-19 concerns.
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