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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Tanzanian Regulator Cracks Down on Illegal Pyramid Scheme, Revokes 11 Company Registrations: DAR ES SALAAM – The Business Registrations and Licensing Agency (BRELA) in Tanzania has taken decisive action against a netw ...; Hee Chan Kim Reporter 2025.03.08

East Africa Urged to Establish Regional Petroleum Fund Amidst Global Energy Shift: DAR ES SALAAM, Tanzania – In a decisive call to action, Zanzibar President Dr. Hussein Mwinyi has urged East African Communi ...; Hee Chan Kim Reporter 2025.03.08

UN, Libyan Government Collaborate to Strengthen Women's Participation in National Affairs: Tripoli, Libya – In a significant move towards gender equality and inclusive governance, the Minister of State for Women&rsq ...; Ana Fernanda Reporter 2025.03.08

National Shipping Company's "Anwar Al-Nasr" Achieves Successful SIRE 2.0 Inspection: The National Shipping Company has announced a significant milestone with its tanker, Anwar Al-Nasr, successfully passing its inaug ...; Ana Fernanda Reporter 2025.03.08

Italy Pledges Support to Boost Libyan Aviation Safety Standards: Tripoli, Libya – In a significant step towards enhancing Libya's aviation safety standards, Minister of Transport Mohamed Al ...; Ana Fernanda Reporter 2025.03.08

China to Drive Economic Growth Through Advanced Technology, Pledging $80 Billion Investment: China has unveiled a blueprint to foster advanced science and technology, including artificial intelligence (AI) and humanoid robo ...; Eugenio Rodolfo Sanabria Reporter 2025.03.06

China Unveils Ambitious Tech Drive at Annual 'Two Sessions' Meeting: Beijing, China - China has signaled its intent to accelerate its technological ambitions, particularly in artificial intelligence ...; Eugenio Rodolfo Sanabria Reporter 2025.03.06

U.S. Suspends Military Aid and Intelligence Sharing with Ukraine Amidst Mineral Deal Dispute: The United States has completely halted military aid to Ukraine and temporarily suspended intelligence sharing regarding Russian a ...; Desk 2025.03.06

China Boosts R&D Investment Amidst AI Breakthroughs: China is significantly increasing its research and development (R&D) investment, particularly in artificial intelligence (AI), ...; Eugenio Rodolfo Sanabria Reporter 2025.03.05

US to Impose Tariffs on Canada and Mexico, Rates Subject to Change: The United States has announced that it will proceed with imposing tariffs on goods from Canada and Mexico starting this Tuesday, ...; Hannah Yeh Reporter 2025.03.03

Japanese Public Support for Constitutional Revision and SDF Recognition Surges: A recent survey by Nikkei Inc. reveals that 68% of Japanese citizens support constitutional revision, the highest figure since the ...; Yim Kwangsoo Correspondent 2025.03.03

Warren Buffett Criticizes Trump's Tariff Policies, Warns of Economic Impact: Warren Buffett, the renowned investor and chairman of Berkshire Hathaway, has broken his silence on former President Donald Trump' ...; Desk 2025.03.03

The Alarming Rise of 'Zombie Cigarettes' in Thailand: The emergence of "zombie cigarettes" in Thailand has raised serious concerns about the evolving landscape of drug abuse. These e-c ...; Eugenio Rodolfo Sanabria Reporter 2025.03.02

Bird Strikes: A Persistent Threat to Aviation Safety: On the morning of the 1st, a FedEx Boeing 767 cargo plane made an emergency landing at Newark Liberty International Airport after ...; Eunsil Ju Reporter 2025.03.02

Finland Unites in Firm Support for Ukraine Amid US-Ukraine Tensions: In a display of unwavering solidarity, Finnish political leaders have reaffirmed their commitment to Ukraine, following a tumultuo ...; Pedro Espinola Special Correspondent 2025.03.01

Holland America Line Unveils Epic Panama Canal Voyages for 2026-2027: The allure of the Panama Canal, a marvel of human ingenuity, continues to captivate travelers worldwide. Holland America Line has ...; Graciela Maria Reporter 2025.03.01

Massive Avalanche Buries Dozens of Workers in Himalayas: Chamoli, Uttarakhand, India - A massive avalanche triggered by heavy snowfall has buried dozens of workers in the Himalayan region ...; Eugenio Rodolfo Sanabria Reporter 2025.03.01

Thailand to Impose Tourism Fee on Foreign Visitors Starting Second Half of 2025: Thailand has announced plans to impose a tourism fee of 300 baht (approximately 13,000 Korean won) per person on foreign tourists ...; Min Gyu Mi Reporter 2025.03.01

China's Delivery Revolution: Meituan Leads the Charge in 24/7 "Bullet Delivery": BEIJING – "Kuaidi (Delivery)!" Just past 11 PM, a microwave ordered via the Meituan app 30 minutes earlier was delivered. A ...; Yim Kwangsoo Correspondent 2025.03.01

Denmark Takes Drastic Measures: Mobile Phones Banned in Schools, Under-13s Restricted from Smart Devices: COPENHAGEN – In a move aimed at reclaiming classrooms as sanctuaries for learning, the Danish government has enacted a sweep ...; Eugenio Rodolfo Sanabria Reporter 2025.03.01