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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New Plant Inaugurated in Cairo to Boost Regional Infrastructure: Cairo, Egypt – A groundbreaking new plant, valued at EGP 1 billion, was inaugurated on Thursday by Swiss-based GF Piping Sys ...; Pedro Espinola Special Correspondent 2024.12.06

China Leads in Semiconductor Equipment Purchases Amidst Global Chip Boom: Seoul, South Korea – China's relentless drive to become a global semiconductor powerhouse continues to reshape the industry, ...; Graciela Maria Reporter 2024.12.06

Finland Sees Decline in Ukrainian Asylum Seekers: Helsinki, Finland – The Finnish Immigration Service (Migri) reported a significant decrease in Ukrainian asylum seekers this ...; Hwang Sujin Reporter 2024.12.05

Finnish Industry Turnover Declines in October: HELSINKI, Finland – Statistics Finland reported a 3.2% year-on-year decline in working-day adjusted turnover in the Finnish ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Saudi Arabia's NEOM Green Hydrogen Aims to Lead Global Clean Energy Transition: Riyadh: NEOM Green Hydrogen Co. (NGHC), a key component of Saudi Arabia's futuristic city NEOM, is not merely constructing the wor ...; Pedro Espinola Special Correspondent 2024.12.05

Kakamega Engineering Complex Project Faces Delays: Kakamega, Kenya - A state-of-the-art engineering complex at Masinde Muliro University of Science and Technology (MMUST) is facing ...; Graciela Maria Reporter 2024.12.05

Nakuru County Prioritizes Community Health Promoters for Universal Healthcare: Nakuru, Kenya – The County Government of Nakuru is prioritizing the training of Community Health Promoters (CHPs) as a corne ...; Graciela Maria Reporter 2024.12.05

Cuban Cheese Crisis: A Disappearing Delicacy: Once a staple in Cuban diets, Creole cheese, a product of local farms, is rapidly disappearing from markets and homes. This declin ...; Global Economic Times Reporter 2024.12.05

Glee Boutique Café Unveils Festive Pastry and Chocolate Collection: Vilamoura, Portugal - Glee Boutique Café at the Tivoli Marina Vilamoura hotel is spreading holiday cheer with a captivating ...; Ana Fernanda Reporter 2024.12.05

Laos Strives to Preserve Cultural Heritage Amidst Challenges: Vientiane, Laos – Laos is taking significant strides to safeguard its rich cultural heritage and promote ethnic diversity. H ...; Global Economic Times Reporter 2024.12.05

Petronas Awards PSCs for Three DRO Clusters and One Exploration Block: Kuala Lumpur, Malaysia – Petronas, through its subsidiary Malaysia Petroleum Management (MPM), has announced the awarding of ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Singapore Stocks Set for Record High on Banking Optimism: Singapore – The Straits Times Index (STI), Singapore's benchmark stock index, is poised to hit a new record high, fueled by ...; Graciela Maria Reporter 2024.12.05

India's Declining Interest in Nepal Tourism: Kathmandu, Nepal – Nepal, once a popular tourist destination for Indians, is witnessing a decline in Indian visitor numbers. ...; Ana Fernanda Reporter 2024.12.05

Ride-Hailing Regulation in Nepal: A Year of Delays and Frustration: Kathmandu, Nepal – Nearly a year after the government recognized ride-hailing services as a legal industry, the much-anticip ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Nepali Couple Opens First Granulated Organic Fertilizer Plant to Combat Shortage: RUPANDEHI, Nepal - A Nepali couple, Siddhartha Agrawal and Poonam Kumari, have addressed a critical need for farmers by opening th ...; Ana Fernanda Reporter 2024.12.05

Chinese Fashion and Beauty Brands Making Waves Globally: Shanghai, China – Chinese fashion and beauty brands are rapidly expanding their global footprint, captivating international ...; Graciela Maria Reporter 2024.12.05

China's Marathon Boom: A Nation on the Run: Beijing, China – China is experiencing a full-fledged marathon boom, with hundreds of events held annually across the countr ...; Graciela Maria Reporter 2024.12.05

UNESCO Recognizes Chinese Spring Festival as Intangible Cultural Heritage: Paraguay, Dec. 6 – The United Nations Educational, Scientific and Cultural Organization (UNESCO) has officially inscribed th ...; Pedro Espinola Special Correspondent 2024.12.05

China-Europe Freight Trains: A Decade of Connectivity and Growth: Duisburg, Germany, December 4, 2024 – A historic milestone was reached today as the 100,000th China-Europe freight train arr ...; Ana Fernanda Reporter 2024.12.05

17-Year-Old Afghan Activist Nila Ibrahimi Awarded International Children's Peace Prize: Amsterdam, Netherlands – Nila Ibrahimi, a 17-year-old Afghan human rights activist, has been awarded the 2024 International ...; Graciela Maria Reporter 2024.12.05