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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Volkswagen and Union Reach Deal to Avoid Layoffs, Plants to Remain Open: Hanover, Germany – Volkswagen and the powerful IG Metall union have reached a landmark agreement to avoid involuntary layoff ...; Ana Fernanda Reporter 2024.12.21

Magdeburg Christmas Market Attack Leaves Two Dead, Dozens Injured: Magdeburg, Germany - A horrific incident unfolded on Friday evening in the central German city of Magdeburg, as a car plowed throu ...; Graciela Maria Reporter 2024.12.21

Philippines Approves PH-Korea FTA, Key Infrastructure Projects: Manila, Philippines – The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos ...; Eugenio Rodolfo Sanabria Reporter 2024.12.19

IMF Approves Further Disbursement for Mauritania, Highlights Economic Resilience and Reform Efforts: Washington, DC: The International Monetary Fund (IMF) Executive Board concluded its 2024 Article IV consultation with Mauritania a ...; Graciela Maria Reporter 2024.12.19

Australian Embassy Monitors Progress of BEQUAL Program in Laos: Savannakhet, Laos – Last week, representatives from the Australian Embassy and the Lao Ministry of Education and Sports visi ...; Eugenio Rodolfo Sanabria Reporter 2024.12.19

USAID Launches LEAD Project to Boost Laos' Higher Education: Vientiane, Laos – The United States Agency for International Development (USAID) has unveiled the "Laos Higher Education for ...; Eugenio Rodolfo Sanabria Reporter 2024.12.19

Norovirus Outbreak Sickens Hundreds in Thailand: Rayong, Thailand – A significant Norovirus outbreak has affected 1,436 individuals in Klaeng district, Rayong province. The ...; Graciela Maria Reporter 2024.12.19

France Seeks Deeper Ties with Saudi Arabia: Jeddah, Saudi Arabia – A French parliamentarian representing citizens abroad recently visited Jeddah to explore opportunitie ...; Pedro Espinola Special Correspondent 2024.12.19

Manga Takes Center Stage at Jeddah Book Fair: JEDDAH — The Jeddah Book Fair has captivated audiences with its dedicated Manga Arabia pavilion, showcasing a vibrant array ...; Eugenio Rodolfo Sanabria Reporter 2024.12.19

Saudi Arabia and Iraq Celebrate Shared Cultural Heritage: Riyadh, Saudi Arabia – The Kingdom of Saudi Arabia’s Ministry of Culture launched the “Common Ground” fest ...; Graciela Maria Reporter 2024.12.19

Bioeconomy in Finland: A Mixed Bag of Growth and Decline: Helsinki, Finland – The Finnish bioeconomy, a cornerstone of the nation’s economy, experienced a mixed performance in ...; Graciela Maria Reporter 2024.12.19

Filipino Death Row Inmate Returns Home After 15 Years in Indonesia: Manila, Philippines - Mary Jane Veloso, a Filipino woman who spent nearly 15 years on death row in Indonesia, was reunited with he ...; Ana Fernanda Reporter 2024.12.18

Sudan's War: Hospitals Crumble as Doctors Battle Trauma and Starvation: CAIRO, Egypt - In the face of relentless gunfire and shelling, Sudanese doctors like Mohamed Moussa are grappling with a devastati ...; Eugenio Rodolfo Sanabria Reporter 2024.12.18

Freezing Temperatures Grip Northern Saudi Arabia: Riyadh, Saudi Arabia - Northern regions of Saudi Arabia are experiencing a significant cold wave, with temperatures in some areas ...; Graciela Maria Reporter 2024.12.18

Hundreds of Thousands Displaced in Syria Amidst Escalating Conflict: Damascus/Geneva - The ongoing conflict in Syria has led to a massive displacement of civilians, with over 880,000 people forced to ...; KO YONG-CHUL Reporter 2024.12.18

Hungary blocks EU funding for arms shipments to Ukraine: Hungary has once again vetoed the European Union's (EU) allocation of 6.5 billion euros to member states supplying weapons to Ukra ...; Ana Fernanda Reporter 2024.12.18

Irregular migration can't be solved at internal borders: Merkel: Former German chancellor Angela Merkel has argued that international cooperation, not the closure of internal European borders, is ...; Pedro Espinola Special Correspondent 2024.12.18

UK Job Market Continues to Weaken as Vacancies Decline and Unemployment Rises: The UK job market continued to show signs of cooling down in the latest quarter, with vacancies falling for the 29th consecutive p ...; Graciela Maria Reporter 2024.12.18

Fear of Nuclear War Grips Germany Amidst Ukraine Conflict: A recent survey conducted by the German Office for Radiation Protection (BfS) reveals a significant portion of the German populati ...; Graciela Maria Reporter 2024.12.18

Ireland fines Meta €251m over Facebook data breach: The Irish Data Protection Commission (DPC) announced on Tuesday that it has fined the tech-giant Meta 251 million euros for a pers ...; Ana Fernanda Reporter 2024.12.18