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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Japan and Paraguay to Forge Strategic Partnership, Summit Planned During Expo: Japan and Paraguay are poised to elevate their bilateral relationship to a "strategic partnership" and establish a framework for r ...; Global Economic Times Reporter 2025.05.17

Paraguayan Electoral Tribunal Forges Ahead with Electronic Voting Machine Purchase Despite Senate Opposition, Amplifying Transparency Concerns: The Paraguayan Superior Tribunal of Electoral Justice (TSJE) has ignited controversy by announcing its decision to proceed with th ...; Desk 2025.05.17

Xi Jinping Criticizes 'U.S. Hegemony,' Strengthens Ties with Brazil and Latin America: While trade tensions between the United States and China appeared to be easing, China is accelerating its efforts to criticize wha ...; KO YONG-CHUL Reporter 2025.05.15

Paraguay's Electronic Voting Machine Bid Halted for Third Time Amid Political Controversy, Raising Election Uncertainty: A large-scale tender for the purchase of electronic voting machines for Paraguay's upcoming elections has been suspended for the t ...; Yim Kwangsoo Correspondent 2025.05.15

Green Cooperation Blossoms in Itaipu: Will Korean-Paraguayan Partnership Catalyze South American Electrification?: Itaipu, Paraguay – The celebratory cheers echoing from the Itaipu Hydroelectric Power Plant in the heart of Paraguay marked ...; Greace Nunez Correspondent 2025.05.15

Paraguay Seeks Economic Lifeline with UAE Amid Deepening Trade Deficit with China: Asunción, Paraguay - Paraguay is actively pursuing stronger economic ties with the United Arab Emirates (UAE) as it grapple ...; Greace Nunez Correspondent 2025.05.13

ATIS Group Acquires Millicom's Paraguay Tower Business, Accelerating Expansion in Southern Cone: BUENOS AIRES, Argentina – ATIS Group, a leading digital infrastructure provider in Latin America, has announced the signing ...; Greace Nunez Correspondent 2025.05.13

Paraguay Gears Up for 2025 FIFA Congress, Anticipating National Pride and Economic Boost: Asunción, Paraguay - Paraguay is buzzing with anticipation as it prepares to host the FIFA Congress on May 15, 2025, in its ...; KO YONG-CHUL Reporter 2025.05.13

Paraguayan National Police: Organization, Roles, and Police Force: The Paraguayan National Police (Policía Nacional del Paraguay) is a core institution responsible for public safety and secu ...; KO YONG-CHUL Reporter 2025.05.13

Singapore Navy Bolsters Maritime Security with New Submarines and AI-Powered Mine Countermeasures: SINGAPORE - The Republic of Singapore Navy (RSN) is significantly enhancing its maritime security capabilities with the planned ac ...; Kim Sungmoon Reporter 2025.05.13

China and Singapore Launch Joint Naval Drills 'Cooperation 2025' in South China Sea, Strengthening Regional Security Cooperation: Changi Naval Base, Singapore – The navies of China and Singapore officially commenced a large-scale joint maritime exercise, ...; KO YONG-CHUL Reporter 2025.05.13

Taiwan Conducts First Live-Fire Test of US HIMARS Rocket System, Anticipating China's Opposition: Taiwan has accelerated its defense capabilities by conducting its first live-fire test of the U.S.-supplied M142 High Mobility Art ...; Graciela Maria Reporter 2025.05.13

Taipower Begins Drilling to Explore Geothermal Potential in Taichung's Guguan Area: Taiwan Power Company (Taipower) has officially commenced exploratory drilling to assess the geothermal resource development potent ...; Global Economic Times Reporter 2025.05.13

Taiwan on the Brink: Navigating US-China Tensions Demands New Partnerships: Taiwan finds itself at a critical juncture, grappling with relentless pressure from the People's Republic of China (PRC) and the u ...; Desk 2025.05.13

Taiwan Website's Ethnic Data Revision Sparks Controversy: A Move Towards "De-Sinicization"?: Taipei, Taiwan - A revision to the ethnic group information on the Executive Yuan's website has ignited a firestorm of debate over ...; Ana Fernanda Reporter 2025.05.13

Qatar's $400 Million Boeing 747 Gift to Trump Sparks Ethical and Legal Controversy: Washington D.C. – A high-stakes diplomatic gesture from the Qatari royal family, involving a $400 million Boeing 747-8 aircr ...; Sharon Yoon Correspondent 2025.05.12

Decades-Old Soviet Venus Probe Crashes into South Pacific After 53 Years in Orbit: The Korea Aerospace Administration (KASA) has officially confirmed that the Russian (formerly Soviet) Venus probe lander, Cosmos 4 ...; Eugenio Rodolfo Sanabria Reporter 2025.05.11

Court Orders Immediate Release of Tufts Student Detained Over Anti-Israel Op-Ed, Citing Free Speech Violation: BOSTON, MA - A U.S. federal court has ordered the immediate release of Rümeysa Özztürk, a 30-year-old Turkish docto ...; Desk 2025.05.11

Korean Streamer Targeted in Racist Attack in France, Sparking Outrage: Toulouse, France - A distressing incident of racial abuse against a South Korean internet streamer has ignited widespread condemna ...; Ana Fernanda Reporter 2025.05.11

Operation Sindoor and the Imperative for Indo-Pacific Solidarity Against Terrorism: On April 22, 2025, the peace of Baisaran Valley near Pahalgam in Jammu and Kashmir was shattered by a heinous act of terrorism. Ar ...; Lakhvinder Singh Specialized Reporter 2025.05.11