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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Tragedy Strikes Islamic School in Nigeria: Fire Claims Lives of 17 Children: KAUDA NAMODA, ZAMFARA STATE, NIGERIA - A devastating fire broke out at an Islamic school in the Kauru Namoda area of Zamfara State ...; Graciela Maria Reporter 2025.02.07

EU Investigates Shein for Potential DSA Violations: Brussels, Belgium – The European Union (EU) is reportedly considering an investigation into the Chinese e-commerce giant She ...; ONLINE TEAM 2025.02.07

Peruvian Savers Gain Deposit Insurance Coverage for Credit Cooperatives: LIMA, PERU – In a move to bolster financial security for savers, Peru's Superintendent of Banking, Insurance and AFP (SBS) a ...; Graciela Maria Reporter 2025.02.05

Ecuador to Impose 27% Tariff on Mexican Imports Amidst Diplomatic Tensions: Quito, Ecuador – President Daniel Noboa of Ecuador announced on Monday that his administration will impose a 27% tariff on a ...; Pedro Espinola Special Correspondent 2025.02.05

Lima's Real Estate Market Booms with 30% Growth in 2024: Lima, Peru – The real estate market in Metropolitan Lima experienced a significant surge in 2024, closing the year with an i ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

Night to Shine: A Dream Prom for People with Disabilities Comes to Cochabamba: Cochabamba is about to experience a night like no other. On February 7th, the city will host its first-ever Night to Shine, a glob ...; Pedro Espinola Special Correspondent 2025.02.05

Asian Factory Activity Slows Amidst Trade War Fears: SINGAPORE – Manufacturing activity across Asia cooled last month, signaling weakening demand and foreshadowing the potential ...; Graciela Maria Reporter 2025.02.05

AblePrint Technology Rides the AI Boom, Expecting 30% Annual Revenue Growth: TAIPEI – AblePrint Technology Co (APT), a leading provider of key equipment for advanced chip packaging, has announced it an ...; ONLINE TEAM 2025.02.05

Nepal's Fiscal Performance: Expenditure Reaches Rs 667.6 Billion in First Half of FY 2024/25: KATHMANDU – Nepal's government spending reached Rs 667.60 billion (approximately $5 billion USD) in the first six months of ...; Ana Fernanda Reporter 2025.02.05

Vietnam's Business Landscape in 2024: Navigating Challenges and Seeking Support: Hanoi – Vietnam's business community faces a complex landscape in 2024, marked by global economic uncertainties and domestic ...; ONLINE TEAM 2025.02.05

Cairo's Tahrir Square to Welcome Autograph Collection Hotel in Landmark Redevelopment: Cairo, Egypt – The iconic Tahrir Complex, a historic government building in the heart of downtown Cairo, is set to be transf ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

LX Pantos and ONE Launch Joint Venture in the US to Target Intermodal Market: SEOUL – LX Pantos, a leading South Korean logistics company, announced on February 4th the establishment of a joint venture ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Japan's H3 Rocket Launch: A Giant Leap for Independent Navigation: Japan's successful launch of the H3 rocket carrying the Michibiki No. 6 satellite marks a significant stride towards the nation's ...; ONLINE TEAM 2025.02.04

A Frozen Fairytale: Chitose's Ice Festival Illuminates Winter: The biting Hokkaido winter is upon us, but amidst the snow and frost, a magical spectacle has emerged: the 2025 Chitose – La ...; Global Economic Times Reporter 2025.02.04

From Cart to Company: San Salvador Entrepreneur's Sweet Success Story: San Salvador, El Salvador – Emma Martínez, a driven entrepreneur from San Salvador, has transformed her small sweets ...; Eugenio Rodolfo Sanabria Reporter 2025.02.02

Kilimanjaro PCCB Uncovers Water Revenue Losses Due to Meter Irregularities: KILIMANJARO, Tanzania – The Prevention and Combating of Corruption Bureau (PCCB) in the Kilimanjaro Region has revealed sign ...; Hee Chan Kim Reporter 2025.02.02

Modern Chuwini Market to Boost Zanzibar's Economy, Says CCM Official: DAR ES SALAAM – Amos Makalla, the Ideology, Publicity and Training Secretary for the Chama Cha Mapinduzi (CCM) party, has la ...; Hee Chan Kim Reporter 2025.02.02

MeerKAT Telescope Discovers a Giant Radio Galaxy 32 Times Larger Than the Milky Way: Johannesburg, South Africa – The MeerKAT telescope in South Africa has discovered a giant radio galaxy (GRG) that is 32 time ...; Hee Chan Kim Reporter 2025.02.02

Taiwan Bans Public Sector Use of Chinese AI Chatbot DeepSeek Over Data Leak Concerns: TAIPEI, Taiwan – The Taiwanese government has banned the use of Chinese artificial intelligence (AI) chatbot DeepSeek by pub ...; Graciela Maria Reporter 2025.02.02

Guna Yala Region in Panama Could See Two New Districts: Panama City, Panama – The National Assembly's Committee on Indigenous Affairs has approved the formation of a subcommittee t ...; Eugenio Rodolfo Sanabria Reporter 2025.02.02