Global Economic Times

2026.07.01 (Wed)
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Japan's GDP Per Capita Falls to Lowest Rank Since 1980: Tokyo - Japan's gross domestic product (GDP) per capita slipped to 22nd among 38 OECD member countries in 2023, according to the C ...; HONG MOON HWA Senior Reporter 2024.12.25

Norwegian Postal Service Faces Major Overhaul as Deliveries Dwindle: Oslo, Norway - The Norwegian postal service, Posten, is facing a major overhaul as declining mail volumes and rising costs threate ...; Graciela Maria Reporter 2024.12.25

Norges Bank Holds Rates Steady, Signals Easing Soon: Oslo - Norges Bank Governor Ida Wolden Bache announced on Thursday that the key interest rate will remain at 4.5%, marking a conti ...; Ana Fernanda Reporter 2024.12.25

AI-Generated Reviews Flood Online Marketplaces, Blurring the Lines Between Genuine and Fake: The rise of AI-powered tools capable of generating highly detailed, original online reviews with minimal effort has thrust busines ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Holiday Sales on the Island Expected to Be Positive, but Economic Uncertainty Remains: Local retailers are anticipating a strong holiday shopping season, with increased activity reported in recent weeks. However, the ...; Hwang Sujin Reporter 2024.12.25

Laos to Build Largest Seated Buddha Statue: Vientiane, Laos – The Ministry of Planning and Investment, in collaboration with Bokeo provincial officials, held a meeting ...; Graciela Maria Reporter 2024.12.25

Vientiane Achieves Significant Poverty Reduction: Vientiane, Laos - Vientiane has made remarkable strides in poverty reduction, with nearly the entire population now living above t ...; Graciela Maria Reporter 2024.12.25

Mekong River Commission Opens Education Center and Launches One Mekong App in Laos: Vientiane, Laos – The Mekong River Commission (MRC) on December 23rd celebrated the opening of its new Education and Visitor ...; Hwang Sujin Reporter 2024.12.25

KOICA Grants USD 13 Million for Bridge Upgrades in Laos, Enhancing Regional Connectivity: Vientiane, Laos – The Korea International Cooperation Agency (KOICA) announced a USD 13 million grant on December 19th to im ...; Hwang Sujin Reporter 2024.12.25

Oudomxay Province Grants Private Company Bamboo Concession Rights: Oudomxay, Laos - On December 20th, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private c ...; Graciela Maria Reporter 2024.12.25

Laos Struggles to Enforce Minimum Wage Increase Amid Employer Resistance: Despite a recent nationwide increase in the minimum wage, many employers in Laos are still paying their workers less than the mand ...; Ana Fernanda Reporter 2024.12.25

Argentine model Georgina Rodriguez visits Christian Dior exhibit in Riyadh: Georgina Rodriguez, the long-term partner of football star Cristiano Ronaldo, recently visited the "Christian Dior: Designer of Dr ...; Hwang Sujin Reporter 2024.12.25

Balad Beast music festival to return to Jeddah’s Al-Balad with international lineup: Jeddah’s Al-Balad district will once again play host to the Balad Beast music festival, featuring a lineup of international ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Slovenia Calls for Israel's Disqualification from Eurovision 2025: Slovenia has formally requested the European Broadcasting Union (EBU) to disqualify Israel from the 2025 Eurovision Song Contest, ...; KO YONG-CHUL Reporter 2024.12.25

MIT Technology Review Arabia Honors 20 Young Innovators Under 35 MENA: MIT Technology Review Arabia has announced the 20 winners of its 2024 Innovators Under 35 MENA award, recognizing young visionarie ...; Hwang Sujin Reporter 2024.12.25

IMF Approves $1.2 Billion Loan for Egypt Amid Economic Challenges: Cairo - Egypt has secured a staff-level agreement with the International Monetary Fund (IMF) for a $1.2 billion loan under the Ext ...; KO YONG-CHUL Reporter 2024.12.25

Saudi Arabia's Non-Oil Exports Surge 12.7% Amidst Economic Diversification Drive: RIYADH - Saudi Arabia's non-oil exports saw a significant 12.7% year-on-year increase in October, reaching SR25.38 billion ($6.76 ...; Pedro Espinola Special Correspondent 2024.12.25

Bosnia and Herzegovina Struggles with Severe Snowstorm, Thousands Without Power: SARAJEVO - A powerful snowstorm has wreaked havoc across Bosnia and Herzegovina, leaving over 170,000 people without electricity a ...; Pedro Espinola Special Correspondent 2024.12.25

Embraer Plane Crashes in Kazakhstan, 28 Survivors Among 67 on Board: Aktau, Kazakhstan - An Embraer passenger jet carrying 62 passengers and five crew members from Azerbaijan to Russia crashed near t ...; Graciela Maria Reporter 2024.12.25

Turkish Children Bear the Brunt of Economic Crisis: Istanbul, Turkey - In a stark reflection of Turkey's deepening economic crisis, millions of children are struggling to survive, fo ...; Hwang Sujin Reporter 2024.12.25