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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Senate Hearing on Panama Canal Highlights US Policy Gaps, Not Foreign Influence: Washington D.C. – A Senate Commerce Committee hearing on foreign influence over the Panama Canal revealed more about shortco ...; Hannah Yeh Reporter 2025.02.02

Niger Makes History as Africa's First Country Declared Free of Onchocerciasis: NIAMEY, Niger – In a landmark achievement for global health, Niger has been officially recognized as the first African natio ...; Graciela Maria Reporter 2025.01.31

Bank of Korea to Slow Down Pace of Interest Rate Cuts: The US Federal Reserve (Fed) has decided to freeze its policy interest rate and signaled that it will not rush to cut rates. This ...; Hannah Yeh Reporter 2025.01.31

Tourism Administration Unveils 19 Holiday Travel Itineraries for Lunar New Year: Taipei, Taiwan – The Tourism Administration has released 19 proposed itineraries for domestic travelers during the upcoming ...; Global Economic Times Reporter 2025.01.30

Philippines and New Zealand Begin Talks on Troop Deployment Agreement: Manila/Wellington - The Philippines and New Zealand have initiated negotiations on a Status of Visiting Forces Agreement (SOFA), a ...; Graciela Maria Reporter 2025.01.30

El Salvador Becomes a Global Bitcoin Hub, Attracting Tech Giants: La Libertad, El Salvador – El Salvador is making waves in the global cryptocurrency scene as it hosts the Bitcoin Circular E ...; Ana Fernanda Reporter 2025.01.30

Tanzania Expresses Gratitude to IMF for Supporting Economic Growth and Climate Resilience: Dar es Salaam, Tanzania - Tanzania has expressed its appreciation to the International Monetary Fund (IMF) for its ongoing support ...; Hee Chan Kim Reporter 2025.01.30

Morocco Calls for Innovative Approach to Electrify Africa: Dar es Salaam - Morocco's Minister of Energy Transition and Sustainable Development, Dr. Leila Benali, has urged for collaborative ...; Hee Chan Kim Reporter 2025.01.30

Kazakhstan to Begin Shale Oil Production Amid Economic Challenges: Almaty, Kazakhstan – Kazakhstan, a Central Asian nation rich in natural resources, has announced plans to begin shale oil pr ...; Eugenio Rodolfo Sanabria Reporter 2025.01.30

Bank of Canada Cuts Rates Amid Trade Tensions: Ottawa, Canada – The Bank of Canada (BoC) on Tuesday announced a 25 basis point cut to its overnight rate, bringing it down ...; Ana Fernanda Reporter 2025.01.30

Deadly Stampede at India's Kumbh Mela Festival: Prayagraj, India – A stampede at the Kumbh Mela, one of the world's largest religious gatherings, has resulted in the deaths ...; Eugenio Rodolfo Sanabria Reporter 2025.01.29

U.S. Navy Bans Use of Chinese AI Chatbot Amid Security Concerns: San Francisco, CA – The U.S. Navy has issued a directive prohibiting its personnel from using a generative AI chatbot develo ...; Sharon Yoon Correspondent 2025.01.29

Boom Supersonic Achieves Historic Breakthrough with XB-1: In a significant leap for commercial aviation, Boom Supersonic has successfully completed the first supersonic test flight of its ...; Eugenio Rodolfo Sanabria Reporter 2025.01.29

Da Nang Prepares for Record Lunar New Year Tourist Arrivals: Da Nang, Vietnam - Over 1,200 flights, including 577 international ones, are scheduled to land at this popular tourist destination ...; Graciela Maria Reporter 2025.01.26

EU Considers Stationing Troops in Greenland Amidst Rising Arctic Tensions: Copenhagen, Denmark – The European Union is considering a significant shift in its Arctic policy, with the bloc's military c ...; Pedro Espinola Special Correspondent 2025.01.26

Peru's Mineral Exports Surge in November 2024: Lima, Peru – Peru's mining sector continued its upward trajectory in November 2024, with mineral exports reaching a robust U ...; Ana Fernanda Reporter 2025.01.25

Saudi Telecom Giant STC Boosts Stake in Telefónica, Seeks Board Seat: Saudi Arabia's leading telecommunications company, STC, has solidified its position as a major shareholder in Spain's Telefó ...; Eugenio Rodolfo Sanabria Reporter 2025.01.25

Norway's generous sick leave policy debated: Norway's labor unions and employers are at odds over the country's generous sick leave policy, which is seen by some as the best i ...; Graciela Maria Reporter 2025.01.25

Historic Oslo Tower Sold, Set for Revival: OSLO, Norway – After decades of neglect, the iconic Tryvannstårnet, a historic broadcasting and observation tower over ...; Graciela Maria Reporter 2025.01.25

Brutal Attack on Children Results in 52-Year Sentence: Liverpool, England – Axel Rudakuvanga, an 18-year-old who carried out a horrific knife attack on a children’s dance cl ...; Ana Fernanda Reporter 2025.01.25