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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Egyptian leader comes and goes: Norwegian news bureau NTB noted how Al Sisi first won power through a state coup 10 years ago. He secured a third term last year a ...; Eugenio Rodolfo Sanabria Reporter 2024.12.14

Norway hit by new electricity shock: Consumers are unhappy, especially businesses.It all has to do with Norway’s integration into the European market. Hydro-elec ...; Graciela Maria Reporter 2024.12.14

Puerto Rico's Education Department Faces Backlash Over Inadequate Settlement Offer in Landmark Disability Rights Case: San Juan, Puerto Rico – The Puerto Rico Department of Education (DE) is facing mounting criticism over its proposed settleme ...; Graciela Maria Reporter 2024.12.14

Puerto Rico Becomes 10th Jurisdiction to Offer Digital Driver's Licenses on Apple Wallet: San Juan, Puerto Rico – Puerto Rico has joined a growing list of U.S. jurisdictions offering digital driver's licenses and s ...; Ana Fernanda Reporter 2024.12.14

Puerto Rico Ferry System Sets New Annual Passenger Record: San Juan, Puerto Rico – Puerto Rico’s ferry system has shattered its previous annual passenger record, transporting ne ...; Ana Fernanda Reporter 2024.12.14

Puerto Rico Chamber of Commerce Unveils 2024 Business and Consumer Confidence Index: San Juan, Puerto Rico – The Puerto Rico Chamber of Commerce today released its 2024 Business and Consumer Confidence Index, ...; Eugenio Rodolfo Sanabria Reporter 2024.12.14

Finnish Students Battling Excessive Internet Use and Sedentary Lifestyle: Helsinki, Finland – A recent survey conducted by the Finnish Institute for Health and Welfare (THL) has revealed a concernin ...; Graciela Maria Reporter 2024.12.14

ECB Cuts Rates Again as Inflation Slows: Frankfurt, Germany – The European Central Bank (ECB) has once again lowered its key interest rates, marking the fourth reduc ...; Pedro Espinola Special Correspondent 2024.12.14

Housing Crisis Pushes Millions in Germany into Poverty: Berlin, Germany – A new study has revealed a shocking surge in poverty rates in Germany, largely driven by soaring housing c ...; Graciela Maria Reporter 2024.12.14

Hate Crimes Against LGBTQ+ Community Surge in Germany: Berlin, Germany – A disturbing trend has emerged in Germany, with hate crimes targeting the LGBTQ+ community skyrocketing in ...; Graciela Maria Reporter 2024.12.14

Guatemala Vows Continued Support for Taiwan: Guatemala City, Guatemala – Guatemala reaffirmed its commitment to Taiwan on Wednesday, marking the 90th anniversary of dipl ...; KO YONG-CHUL Reporter 2024.12.13

Nicaragua Faces International Condemnation Amidst Growing Authoritarianism: Panama City, Panama – President José Raúl Mulino of Panama has sharply criticized Nicaragua, describing it as ...; Pedro Espinola Special Correspondent 2024.12.13

Indonesia Prioritizes Eastern Region Development: Jakarta, Indonesia – Coordinating Minister for Maritime Affairs and Investment, Agus Harimurti Yudhoyono (AHY), has highligh ...; Graciela Maria Reporter 2024.12.13

Thailand Scraps Proposed VAT Hike Amidst Opposition and Economic Concerns: Bangkok, Thailand – Thailand has abandoned plans to double its value-added tax (VAT) rate following a proposal that faced si ...; Eugenio Rodolfo Sanabria Reporter 2024.12.13

Indonesian Government and Private Sector Collaborate to Foster Creative Economy in Rural Communities: Pangkalan Kerinci, Riau, Indonesia – The Indonesian Ministry of Creative Economy, led by Minister Teuku Riefky Harsya, has p ...; Graciela Maria Reporter 2024.12.13

China's Economic Resilience Defies the Narrative: Beijing, China – Despite a challenging global economic landscape, China's economy is poised to defy expectations and achieve ...; KO YONG-CHUL Reporter 2024.12.13

Yiwu's 3D-Printed Dinosaur Eggs Hatch a Global Phenomenon: Yiwu, China – A small, unassuming city in eastern China is at the epicenter of a global toy craze. Yiwu, often dubbed the "w ...; Yim Kwangsoo Correspondent 2024.12.13

East African Leaders Seek Peace in Congo Amid Renewed Conflict: Arusha, Tanzania – A recent closed-door meeting of the East African Community (EAC) concluded with a call for a combined reg ...; Graciela Maria Reporter 2024.12.13

Orano Loses Control of Niger Uranium Mine Amidst Political Turmoil: French nuclear fuel company Orano announced on Wednesday that it has lost operational control of its Somair uranium mine in Niger. ...; Graciela Maria Reporter 2024.12.13

Hundreds Rally in Chad, Demanding French Military Withdrawal: N'Djamena, Chad – A significant demonstration took place in N'Djamena on Friday, with up to 500 protesters gathering at the ...; Eugenio Rodolfo Sanabria Reporter 2024.12.13