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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Nuclear Brinkmanship Returns: India and Pakistan Engage in Missile Strikes, Global Alarm Mounts Over Escalation: The volatile relationship between nuclear-armed rivals India and Pakistan has once again plunged into a dangerous crisis, with bot ...; Global Economic Times Reporter 2025.05.07

Hawaii Hikes Hotel Tax to Fund Environmental Protection Amid Tourism Industry Concerns: The idyllic shores and volcanic landscapes of Hawaii, a perennial favorite for travelers worldwide, are poised to become a slightl ...; Ana Fernanda Reporter 2025.05.07

Overwhelming Demand for South Korean Jobs Highlights Wage Disparity and Economic Aspirations in Vietnam: HANOI – The intense desire among Vietnamese workers for employment opportunities in South Korea has been starkly illustrated ...; Ana Fernanda Reporter 2025.05.06

Paraguay's Central Bank Raises 2025 GDP Growth Forecast Amidst Geopolitical Tensions – What's Behind the Optimism?: In contrast to the cautious outlook of international economic experts, the Central Bank of Paraguay (BCP) has garnered attention b ...; Eugenio Rodolfo Sanabria Reporter 2025.05.06

"Unwavering Friendship in a Shaking World: An In-Depth Look at Japan-Paraguay Relations": Amidst a global order shifting in unpredictable directions, strengthening ties with a consistently reliable partner is an essentia ...; Hwang Sujin Reporter 2025.05.06

Brazil-Paraguay Relations Freeze Over Espionage Scandal Amid Itaipu Dam Negotiations: Recent allegations of Brazil's intelligence agency spying on high-ranking Paraguayan officials have severely strained relations be ...; KO YONG-CHUL Reporter 2025.05.06

Paraguay President Meets with JPMorgan CEO, Discussing Strategies to Become a 'Global Investment Hub': Paraguayan President Santiago Peña met with Jamie Dimon, Chairman and CEO of JPMorgan Chase, to discuss the broad opportuni ...; Greace Nunez Correspondent 2025.05.06

Paraguayan President Santiago Peña Meets with Trump's Special Envoy, Discussing 'Strategic Cooperation': The Paraguayan Presidential Office announced on the 29th (local time) that Paraguayan President Santiago Peña met with Rich ...; Yim Kwangsoo Correspondent 2025.05.06

Water Wars Loom as India Blocks Indus Tributaries, Igniting Fury in Pakistan: The already volatile relationship between India and Pakistan has plunged into deeper crisis following India's unilateral action to ...; ONLINE TEAM 2025.05.05

Vietnam Gears Up to Host Grand UN Vesak Day, Featuring Rare Display of Buddha's Relics and Global Buddhist Conclave: Ho Chi Minh City, Vietnam – The Vietnam Buddhist Sangha (VBS) is on the cusp of hosting one of the most significant internat ...; Global Economic Times Reporter 2025.05.05

Vietnamese Securities Authorities Impose Stringent Sanctions on Three South Korean Financial Firms Amid Regulatory Crackdown: Vietnam's securities regulator has levied a series of substantial administrative sanctions on three prominent South Korean financi ...; Desk 2025.05.05

The Contentious Proposal for Chinese-Style Military Rehabilitation in Indonesia: A Cure Worse Than the Disease?: The burgeoning rate of juvenile delinquency in Depok, a satellite city grappling with the sprawl of Jakarta, has spurred a drastic ...; Eugenio Rodolfo Sanabria Reporter 2025.05.05

Australian Jewish Community Disappointed by Labor's Victory, But Hopes for Stronger Anti-Semitism Response from New Government: Australian Jewish community leaders have expressed general disappointment with the re-election of center-left Prime Minister Antho ...; Pedro Espinola Special Correspondent 2025.05.05

Growing Concerns Mount as China's Military Advances Towards 2027 Taiwan Readiness Goal: Alarming assessments from top US military officials indicate that the People's Liberation Army (PLA) of China is rapidly modernizi ...; Yim Kwangsoo Correspondent 2025.05.05

Paraguayan Ambassador to Taiwan Honored for Contributions to Bilateral Ties: Outgoing Paraguayan Ambassador to Taiwan, Carlos José Fleitas Rodríguez, has been awarded a prestigious honor by Tai ...; Graciela Maria Reporter 2025.05.05

Paraguay Emphasizes Sustainable Development Through Multilateralism: Paraguayan President Santiago Peña reaffirmed on Tuesday at the 79th United Nations General Assembly Special Plenary in New ...; Hwang Sujin Reporter 2025.05.05

Breaking News: Strong Earthquake Hits Southern Coast of Chile, Tsunami Alert Issued: On Friday, a significant earthquake measuring 7.4 in magnitude struck the southern coast of Chile, prompting Chilean authorities t ...; Pedro Espinola Special Correspondent 2025.05.05

Miracle in the Marsh: Five Defy Death in Bolivian Amazon Swamp Teeming with Crocodiles: The dense, emerald labyrinth of the Bolivian Amazon, a realm of breathtaking biodiversity and lurking peril, recently played host ...; Greace Nunez Correspondent 2025.05.05

Yellow Fever Crisis Grips Colombia: Prolonged Emergency Looms as Regional Threat Escalates: A deepening health crisis is unfolding in Colombia as a significant yellow fever outbreak persists, raising concerns of a protract ...; Greace Nunez Correspondent 2025.05.05

Sheinbaum Stands Firm: Mexico Rejects US Military Intervention, Affirms Sovereignty: In a resolute defense of national sovereignty, Mexican President Claudia Sheinbaum has publicly rebuffed a proposition from U.S. P ...; Eugenio Rodolfo Sanabria Reporter 2025.05.05