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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Delaware's Eccentric Enclaves: Exploring the First State's Most Unusual Landmarks: Delaware, though geographically small, boasts a rich tapestry of history, culture, and unique attractions. While its historical si ...; KO YONG-CHUL Reporter 2025.04.19

Cuba Embraces Electric Mobility with Solar-Powered Charging Network, Leaving Electric Motorcycles Behind: HAVANA, CUBA - While Cuba has long been romanticized for its vintage American cars and time-capsule streetscapes, a quiet revoluti ...; Yim Kwangsoo Correspondent 2025.04.18

Vietnam and Colombia Forge Closer Ties in Green Transition, Digitalization, and AI: On April 17th, on the sidelines of the 4th Partnering for Green Growth and the Global Goals 2030 (P4G) Summit, Vietnamese Deputy P ...; Pedro Espinola Special Correspondent 2025.04.18

Argentina: Where Malbec Reigns and Innovation Flows: Nestled against the majestic Andes Mountains, Argentina has blossomed into a New World wine powerhouse, its identity deeply intert ...; KO YONG-CHUL Reporter 2025.04.18

Capybara Conundrum: Beloved Rodents Spark Debate in Exclusive Argentine Enclave: Nordelta, Argentina – The gentle giant of the rodent world, the capybara, has become an unlikely source of contention in the ...; Graciela Maria Reporter 2025.04.18

Island-Wide Blackout Plunges Puerto Rico into Darkness Amidst Sweltering Heat: SAN JUAN, PUERTO RICO - For the second time in just over three months, a massive power outage has struck the U.S. territory of Pue ...; Eunsil Ju Reporter 2025.04.18

Peru Extends State of Emergency as Relentless Rains Cause Widespread Crisis: The Peruvian government announced on Thursday, April 17th (local time), an extension of the national state of emergency to 157 dis ...; Eugenio Rodolfo Sanabria Reporter 2025.04.18

South Korea's National Heritage Administration Joins Forces with Peru to Preserve Machu Picchu: The National Heritage Administration (NHA) of South Korea is stepping up its efforts to aid in the preservation and sustainable ut ...; Eugenio Rodolfo Sanabria Reporter 2025.04.18

Former Peruvian President and Wife Sentenced to 15 Years in Prison for Corruption: LIMA, Peru – In a landmark ruling that has sent shockwaves through Peru's political establishment, former President Ollanta ...; Eugenio Rodolfo Sanabria Reporter 2025.04.18

Chile Unveils Pioneering Business Action Plan for Biodiversity, Setting a Global Standard for Public-Private Collaboration: In a significant stride towards halting and reversing nature loss by 2030, as mandated by the landmark Global Biodiversity Framewo ...; Ana Fernanda Reporter 2025.04.18

Strong Earthquake Rocks Northern Chile, Prompting Minor Alerts: A significant earthquake with a magnitude of 5.7 struck northern Chile earlier today, as reported by the German Research Centre fo ...; Ana Fernanda Reporter 2025.04.18

Powell Warns of Stagflation Risk from Trump's Tariffs: Chicago, IL – Federal Reserve Chairman Jerome Powell issued a stark warning on Tuesday, stating that President Donald Trump' ...; Graciela Maria Reporter 2025.04.17

Judge Threatens Contempt Charges Against Trump Officials Over Immigration Enforcement: WASHINGTON – U.S. District Judge Emmet G. Sullivan of the District of Columbia, who has repeatedly halted the Trump administ ...; Pedro Espinola Special Correspondent 2025.04.17

Singapore's General Election Imminent, New Prime Minister Faces Test... Ruling Party Expected to Win Big, with 'Livelihood' as Key Issue: Singapore will hold its general election on May 3rd. This election is expected to be the first electoral test for newly appointed ...; KO YONG-CHUL Reporter 2025.04.17

Singapore's General Election: 'Livelihood' Key Issue Over Trump-Triggered Trade War...Ruling Party Bets on New Faces: While the impact of the former US President's tariff policies and the deepening trade war are shaking the world, Singapore is head ...; Ana Fernanda Reporter 2025.04.17

Philippine Vessel Capsizes at Sea, 1 Dead, 10 Missing… Rescue Operations Face Difficulties: A tragic incident occurred off the coast of Rizal, Mindoro Occidental, in the Philippines, where a vessel capsized, resulting in a ...; Kim Sungmoon Reporter 2025.04.17

Italian Fincantieri and German TKMS Partner on Philippine Submarine Acquisition, Expected to Strengthen South China Sea Security: Italian shipbuilding giant Fincantieri and German defense specialist thyssenkrupp Marine Systems (TKMS) have officially announced ...; KO YONG-CHUL Reporter 2025.04.17

Philippines Accelerates Military Modernization Amid South China Sea Dispute, Adopts 'Comprehensive Archipelagic Defense Concept': The Philippines is shifting its strategic focus from decades of counterinsurgency operations to territorial defense. To this end, ...; Kim Sungmoon Reporter 2025.04.17

Philippines Groans Under Record Heatwave: Education Frontline Struggles Amid Climate Change: The island nation of the Philippines in Southeast Asia is suffering from a record-breaking heatwave. In Manila, the capital, kinde ...; KO YONG-CHUL Reporter 2025.04.17

Washington's Moves Create Huge Ripples in Brasilia: The Complex Impact of US Protectionism on the Brazilian Economy: The volatility of Brazil's capital markets is a natural consequence of its high dependence on external factors. The dynamics of th ...; Pedro Espinola Special Correspondent 2025.04.17