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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LA County Gripped by Third Major Wildfire Amid Extreme Drought: Los Angeles County is facing its third major wildfire in as many weeks, as a rapidly spreading blaze has forced thousands to evacu ...; Sharon Yoon Correspondent 2025.01.25

Thailand Makes History: Thousands of Same-Sex Couples Wed on First Day of Legalization: Bangkok, Thailand – In a historic move for Southeast Asia, Thailand legalized same-sex marriage on January 23, 2025, with th ...; Desk 2025.01.25

Deadly Train Collision in Maharashtra Leaves 12 Dead: Pachora, Maharashtra - At least twelve people lost their lives and fifteen others were injured in a horrifying train accident near ...; Eugenio Rodolfo Sanabria Reporter 2025.01.24

Budapest Central European Fashion Week Celebrates 15th Season with Regional Focus: The Budapest Central European Fashion Week (BCEFW), launched in 2018 by the Hungarian Fashion & Design Agency (HFDA), has beco ...; Eugenio Rodolfo Sanabria Reporter 2025.01.23

Saudi Arabia's Real Estate Sector Transforms Under Vision 2030: Davos, Switzerland - Saudi Arabia's real estate sector is undergoing a significant transformation, driven by the ambitious goals o ...; ONLINE TEAM 2025.01.23

Houthis Release Crew of Israeli-Linked Ship Seized in Red Sea: Sana'a, Yemen - The Houthi militia in Yemen announced on Wednesday the release of the crew of the "Galaxy Leader," a vehicle carri ...; Pedro Espinola Special Correspondent 2025.01.23

Helsinki's 2024 Cultural Act Award Goes to Heidi Hänninen for KAS! Kontula Art School: Helsinki, Finland – Heidi Hänninen, founder of KAS! Kontula Art School, has been awarded the City of Helsinki's 2024 Cu ...; Graciela Maria Reporter 2025.01.23

Finland Joins Artemis Accords, Strengthening Space Exploration Ties with the US: Espoo, Finland - Finland officially joined the Artemis Accords on Tuesday, strengthening its commitment to international cooperati ...; Ana Fernanda Reporter 2025.01.23

Death Toll Rises to 76 in Türkiye Hotel Fire, Nine Detained: Bolu, Türkiye – The death toll from a devastating fire that engulfed a 12-story wooden hotel at the Kartalkaya ski reso ...; Ana Fernanda Reporter 2025.01.23

Finnish Economy Shows Modest Growth Amidst Uncertain Global Landscape: Helsinki, Finland - The Finnish economy is experiencing modest growth, but the economic cycle remains weak, according to a recent ...; Ana Fernanda Reporter 2025.01.23

Chinese Company Successfully Tests 1-Ton Cargo Drone: Zhuhai, China – A Chinese aerospace company, Aerospace CH UAV, has successfully conducted a ground test of its CH-YH1000 unm ...; Eugenio Rodolfo Sanabria Reporter 2025.01.22

Unprecedented Winter Storm Paralyzes Southern US: Houston, TX – An unprecedented winter storm has gripped the southern United States, bringing heavy snowfall and freezing tem ...; Sharon Yoon Correspondent 2025.01.22

Hà Nội Approves Plan to Install 40,000 New Surveillance Cameras: HÀ NỘI – Hà Nội has approved a comprehensive plan to manage the city's surveillance camera system, which inclu ...; Eugenio Rodolfo Sanabria Reporter 2025.01.22

China's Gen Z Embraces Frugal Living Amid Economic Uncertainty: China's youth are bucking government calls for increased spending, instead prioritizing saving amid economic headwinds. This shift ...; Eugenio Rodolfo Sanabria Reporter 2025.01.22

Singapore Tightens Screen Time Rules for Children, Bans Background Use for Under-18 Months: Singapore - The Singaporean government has issued stricter guidelines on screen time for children, aiming to combat the growing he ...; KO YONG-CHUL Reporter 2025.01.22

Zanzibar Reports Strong Economic Growth and Improved Social Services: Dodoma - Zanzibar has witnessed remarkable economic growth, with its GDP rising from 5.1% in 2021 to 7.5% in 2024, according to Se ...; Hee Chan Kim Reporter 2025.01.21

Zanzibar Reports Significant Progress in Blue Economy and Investment: Dodoma - Zanzibar's Second Vice-President, Mr. Hemed Suleiman Abdulla, has announced substantial advancements in the blue economy ...; Hee Chan Kim Reporter 2025.01.21

Panama: Medical Interns Face Unpaid Wages, Demand Reforms: Panama City, Panama – Newly graduated doctors in Panama are facing significant financial hardship due to delayed payments fo ...; Ana Fernanda Reporter 2025.01.17

Kathmandu Ranked Second Best Solo Travel Destination Globally by Tripadvisor: Kathmandu, Nepal - Nepal's capital city, Kathmandu, has been ranked as the second best solo travel destination globally by Tripadv ...; KO YONG-CHUL Reporter 2025.01.17

Egypt Launches EGP 30 Billion Initiative to Boost Industrial Growth: Cairo, Egypt - The Egyptian government has launched a new initiative aimed at accelerating industrial growth and localization. The ...; ONLINE TEAM 2025.01.17