Global Economic Times

2026.03.22 (Sun)
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Saudi Arabia Warns of $180 Oil as Iran Conflict Threatens Global Energy Security

RIYADH — Saudi energy officials have issued a stark warning that international crude prices could surge past $180 per barrel if the ongoing conflict in Iran and subsequent supply disruptions ext
South Korea Unveils $47 Million "AX One-Stop" Initiative to Accelerate Industrial AI Transformation

SEOUL — In a bold move to cement its position as a global AI powerhouse, the South Korean Ministry of Science and ICT (MSIT) announced today a massive investment of 625.46 billion KRW (approxima

Finance Chief Koo Vows All-Out Measures to Stabilize Markets Amid Rising Global Volatility

SEOUL — South Korea’s top economic policymaker declared on Thursday that the government is prepared to mobilize all available policy tools, including a supplementary budget and massive mar

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Daejeon Empowers Residents and Small Businesses with "Visiting Village Tax Accountant" Initiative: DAEJEON, SOUTH KOREA – Navigating the complexities of the tax system can be a daunting task for many individuals and small b ...; HONG MOON HWA Senior Reporter 2025.04.05

Facing Debt? Chungcheongnam-do Offers Free Financial Counseling and Debt Relief Support: Chungcheongnam-do, South Korea - Individuals and business owners in Chungcheongnam-do struggling with debt, delinquency, and colle ...; KO YONG-CHUL Reporter 2025.04.05

La 2ª Asamblea General de la Unión Mundial de Ciudades de la Economía y la Ciencia (GINI) de 2026 se celebrará en Málaga, la ciudad de la innovación de España: El alcalde de la ciudad de Daejeon, Lee Jang-woo, anunció oficialmente en una rueda de prensa celebrada en el Ayuntamiento ...; HONG MOON HWA Senior Reporter 2025.04.05

Won-Dollar Exchange Rate Plunges Over 30 Won Immediately After President Yoon's Impeachment...KOSPI Also Turns to Gains: Immediately after the pronouncement of President Yoon Suk-yeol's impeachment, the won-dollar exchange rate sharply fell by over 30 ...; KO YONG-CHUL Reporter 2025.04.04

Paraguayan Semana Santa Discount Campaign Sparks Controversy Over Exclusion of Fruits, Vegetables, and Meat: ASUNCIÓN, Paraguay – The Paraguayan Supermarket Association (Capasu) has announced a large-scale discount campaign fo ...; Desk 2025.04.04

Paraguay's Inflation Surges to 1.2% in March, Annual Rate Hits 4.4%: Asunción, Paraguay - Paraguay experienced its highest monthly inflation rate of the year in March 2025, with the Consumer P ...; Desk 2025.04.04

Ministry of Agriculture and Livestock Announces "Ra’arõvo" Holy Week Special Fair: Two-Week Farmers' Direct Sales Markets Across Cities: ASUNCIÓN, Paraguay - The Ministry of Agriculture and Livestock (MAG) has announced a two-week operation of farmers' direct ...; Pedro Espinola Special Correspondent 2025.04.02

World Bank Injects $2 Billion into Paraguay to Fuel Economic Expansion: ASUNCIÓN, Paraguay - In a significant move aimed at bolstering Paraguay's economic trajectory, the World Bank has greenlit ...; Ana Fernanda Reporter 2025.04.02

CAPASU Announces Up to 40% Discount on 55 Items for Easter: ASUNCIÓN, Paraguay – The Paraguayan Supermarket Association (CAPASU) has announced a special Easter promotion offerin ...; Global Economic Times Reporter 2025.04.02

Argentina's Poverty Rate Plummets in 2024: What's Behind It?: According to data released by Argentina's National Institute of Statistics and Census (Indec), the poverty rate in Argentina reach ...; Desk 2025.04.02

Daejeon City Reduces Traditional Market Delivery Costs and Enhances Online Competitiveness: Daejeon City will implement a rider delivery support program starting April 1st to support the expansion of online sales channels ...; KO YONG-CHUL Reporter 2025.04.01

1 in 5 Paraguayans Struggle to Make Ends Meet: Paraguay - It has been revealed that 1 in 5 Paraguayans are living in poverty to the extent that maintaining basic livelihoods is ...; Pedro Espinola Special Correspondent 2025.04.01

Trump's "Car Tariff Bomb" Threatens South Korean Economy: Seoul, South Korea - A significant economic shockwave is emanating from the United States as President Donald Trump announced the ...; KO YONG-CHUL Reporter 2025.03.31

Singapore Stocks Set to Deliver April Dividends for Income Investors: For investors seeking a steady stream of passive income, identifying companies with a consistent history of dividend payouts is pa ...; Graciela Maria Reporter 2025.03.31

Salaried Workers' Average Debt Around 50 Million KRW, Highest Among 30-40s: In 2023, the average loan amount among salaried workers' debt was approximately 50 million KRW, showing a slight increase from the ...; ONLINE TEAM 2025.03.29

Burger Prices Continue to Rise, Consumer Groups Criticize Food Companies for "Ignoring Consumers": Lotteria will raise the prices of its burgers and other products for the first time in eight months. As food companies continue to ...; Global Economic Times Reporter 2025.03.28

Bank Deposit Rates Fall to 2% Range... Interest Rate Spread Widens for 6th Consecutive Month: As market interest rates continue their downward trend, bank deposit rates fell to the 2% range last month. The interest rate spre ...; ONLINE TEAM 2025.03.28

South Korean Bank Loan Delinquency Rate Rebounds in January Amid Rising Household and Corporate Defaults: SEOUL, South Korea - South Korean banks experienced a renewed increase in loan delinquency rates in January, according to data rel ...; Yim Kwangsoo Correspondent 2025.03.28

KOSPI Plunges 1.9%, Breaching 2600 Level Amid Concerns Over Tariffs and Short Selling: The KOSPI fell sharply by nearly 2% on the 28th, dropping to the 2550 range. This decline was attributed to continued net selling ...; Yim Kwangsoo Correspondent 2025.03.28

Singapore Bolsters Cybersecurity Rules, Raising Bar for Financial Institutions: SINGAPORE – The Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator, has unveiled a ser ...; Eugenio Rodolfo Sanabria Reporter 2025.03.26