Global Economic Times

2026.05.08 (Fri)
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Tensions Flare in Strait of Hormuz: U.S.-Iran Clashes Threaten Fragile Truce

MUSCAT/WASHINGTON — The fragile hopes for a diplomatic breakthrough between the United States and Iran faced a severe setback on Thursday as the two nations engaged in a violent naval confrontat
UAE Sovereign Wealth Giants Descend on Seoul to Forge Strategic AI Alliance

Amassive delegation from the United Arab Emirates (UAE), comprising itsmost influential sovereign wealth funds and state-backed artificialintelligence powerhouses, is set to arrive in Seoul. Their mis

U.S. Trade Court Strikes Down Trump’s ‘Global 10% Tariff,’ Citing Executive Overreach

WASHINGTON — In a significant legal blow to the administration’s protectionist agenda, the U.S. Court of International Trade (CIT) ruled on Thursday that President Donald Trump’s &q

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Philippines: Vice President Calls for 'Neutrality' Amidst US-China Rivalry, Hindering Marcos' Pro-US Policy?: The political landscape in the Philippines is becoming complex. Sara Duterte, the Vice President and a strong contender for the ne ...; Greace Nunez Correspondent 2025.06.24

Escalation of Middle East Conflict Intensifies Pressure on Philippine Peso and Stock Market: MANILA, Philippines – As the conflict in the Middle East escalates, investors are flocking to safe-haven assets, resulting i ...; Graciela Maria Reporter 2025.06.24

Magnitude 6.3 Earthquake Strikes Off the Coast of the Philippines, Tsunami Concerns Spread: At 10:58:06 AM KST on June 24, 2025, a powerful magnitude 6.3 earthquake occurred 488 km east-northeast of Davao, Philippines. The ...; Global Economic Times Reporter 2025.06.24

Taiwan Appreciates Visa Exemption Measures by the Philippines and Brunei: Opening New Horizons for the New Southbound Policy: Taiwan's Ministry of Foreign Affairs (MOFA) has expressed sincere gratitude to the governments of the Philippines and Brunei for t ...; Desk 2025.06.24

Philippine Military Modernization: Restructured, Yet Incomplete: The Philippines is pursuing military modernization through its ‘Re-Horizon 3’ program, allocating a budget of $35 bill ...; Desk 2025.06.24

Fish Bone Pierces Woman's Neck After Two Weeks…Medical Community "Horrified": A shocking incident in Thailand, where a fish bone consumed by a woman pierced through her neck skin after two weeks, has sent a w ...; Graciela Maria Reporter 2025.06.24

Girl Vomits Live Worms for Over a Month: The Horrifying Truth and the Dangers of Drain Flies: A shocking incident has occurred in Yangzhou, China, where an 8-year-old girl repeatedly vomited live worms for over a month. Desp ...; Graciela Maria Reporter 2025.06.24

The Tragedy Brought on by Selfies: The Full Story of the 18th-Century Portrait Damage at the Uffizi Gallery: A shocking incident recently occurred at the Uffizi Gallery in Florence, Italy. A tourist damaged an 18th-century masterpiece port ...; Eugenio Rodolfo Sanabria Reporter 2025.06.24

China, with improved tax refund policies, aims to boost foreign tourist shopping.: The Chinese government is accelerating the revitalization of its tourism industry by significantly enhancing shopping convenience ...; Desk 2025.06.24

Scorching Heatwave Hits U.S. East Coast: 137-Year Record Broken, Emergency Measures Activated: In June 2024, the eastern United States is grappling with a record-breaking heatwave. Life-threatening heat began over the weekend ...; Hwang Sujin Reporter 2025.06.24

Trump Announces "Full Ceasefire Agreement Between Israel and Iran"… Declares End to '12-Day War': President Donald Trump dramatically announced a complete ceasefire agreement between Israel and Iran on the 23rd (local time), mar ...; KO YONG-CHUL Reporter 2025.06.24

Horrific Hot Air Balloon Crash in Brazil: 8 Dead, 13 Injured, a Tragedy Over a Tourist Hotspot: On June 21, at 8:00 AM (local time), a hot air balloon carrying 21 people crashed in Praia Grande, Santa Catarina state, southern ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23

"Heatstroke Emergency"...Early Heatwave Torments Japan, Travelers Urged to Exercise Extreme Caution: Japan is currently in an emergency situation as an unusually early heatwave grips the entire archipelago, leading to a surge in he ...; Hwang Sujin Reporter 2025.06.23

Trump Pushes for Special IP4 Meeting on Sidelines of NATO Summit…South Korea's Non-Participation Sparks Controversy: Ahead of the North Atlantic Treaty Organization (NATO) Summit in The Hague, Netherlands, from June 24-25, it has been reported tha ...; KO YONG-CHUL Reporter 2025.06.23

Sapa, the Hidden Gem of Vietnam: Leading a New Travel Trend: Sapa, a highland town in northern Vietnam, is rapidly emerging as a new and highly popular travel destination among South Korean t ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23

'Crazy Rich' City Singapore, How to Enjoy it on a Budget: With Singapore's ultra-luxurious hotels, high-end shopping malls, and upscale restaurants, it's easy to assume it's one of Southea ...; KO YONG-CHUL Reporter 2025.06.23

Middle East Airspace: Rising Tensions Lead to Widespread Flight Cancellations and Diversions: Tensions in the Middle East have escalated to their highest point after the United States launched airstrikes on Iranian nuclear f ...; KO YONG-CHUL Reporter 2025.06.23

Korean Medical Team Extends Helping Hand to Philippine Korean War Veterans, Returning the Favor: MANILA, Philippines – Ahead of the 75th anniversary of the Korean War's outbreak on June 25, a South Korean medical team vis ...; Global Economic Times Reporter 2025.06.23

Where is Paraguay Going? Education and Morality in Crisis: A recent statement by Senator Blanca Ovelar (Ph.D.) during a Paraguayan Senate meeting regarding the current state of academic edu ...; Graciela Maria Reporter 2025.06.23

Israel-Iran Military Clash, Strait of Hormuz Blockade Crisis Escalates: Global Economic Nuclear Storm Warning: On June 21st (Saturday), military tensions in the Middle East reached an all-time high as the United States, in full coordination ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23