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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World Bank Maintains Growth Forecast Amidst Uncertainties: Washington, D.C. – The World Bank on Thursday maintained its forecast of 2.7% global economic growth for both 2024 and 2026, ...; Global Economic Times Reporter 2025.01.17

Human Rights Watch Condemns Crackdowns on Rights in Africa: JOHANNESBURG — Human Rights Watch (HRW) has released a report detailing widespread human rights abuses across Africa, includ ...; KO YONG-CHUL Reporter 2025.01.17

South Africa Mine Disaster Death Toll Surpasses 87 Amid Growing Outrage: Stilfontein, South Africa - The death toll in a tragic standoff between South African authorities and a group of miners trapped in ...; Graciela Maria Reporter 2025.01.17

Disney Extends Support to Employees Affected by California Wildfires: Los Angeles, CA - The Walt Disney Company is actively supporting employees impacted by the recent devastating wildfires in Los Ang ...; Sharon Yoon Correspondent 2025.01.17

Joint Regional Fire Crimes Task Force Established to Combat Wildfire Crime: A new task force has been assembled to combat crimes arising from the devastating Los Angeles wildfires. The Joint Regional Fire C ...; Sharon Yoon Correspondent 2025.01.17

Makueni County Steps Up Fight Against Malnutrition with Sh2.6 Million Supply Dispatch: Makueni, Kenya - Makueni County has launched a significant initiative to combat rising malnutrition rates, exceeding the national ...; Global Economic Times Reporter 2025.01.17

Kenya Seeks to Diversify Exports Under New EU Trade Deal: Nairobi, Kenya - The Kenyan government and private sector are collaborating to diversify exports and maximize the benefits of the ...; Graciela Maria Reporter 2025.01.17

Portimão-Bragança Air Link Remains Suspended Amidst Payment Disputes: Lisbon, Portugal - The future of the vital Portimão-Bragança air link remains uncertain as the operator, Sevenair, c ...; Eugenio Rodolfo Sanabria Reporter 2025.01.17

Minister to Inaugurate Innovative Solar Plant in Vilamoura: Loulé, Portugal – Portugal's Minister of Environment and Energy, Maria da Graça Carvalho, will visit Loul&eacu ...; Eugenio Rodolfo Sanabria Reporter 2025.01.17

Immigrant Workers Drive Southwest Alentejo Agriculture, But Challenges Remain: Odemira, Portugal - A recent survey by the Association of Horticulturists, Fruit Growers, and Flower Growers (AHSA) has underscore ...; Eugenio Rodolfo Sanabria Reporter 2025.01.17

Lisbon's Historic Downtown Faces Crime Surge, Demands for CCTV Grow: Lisbon, Portugal - A sharp increase in crime within Lisbon's historic Baixa Pombalina district has ignited calls for enhanced secu ...; Eugenio Rodolfo Sanabria Reporter 2025.01.17

Philippine Air Force Commander Emphasizes Defense in West Philippine Sea: Puerto Princesa City, Philippines - Philippine Air Force (PAF) Commander Lt. Gen. Arthur Cordura visited key installations in the ...; Ana Fernanda Reporter 2025.01.17

GSIS empowers over 5K beneficiaries with affordable home ownership: The Government Service Insurance System (GSIS) has helped over 5,000 Filipinos achieve their dream of homeownership through its Pa ...; Ana Fernanda Reporter 2025.01.17

House Vows Support for Disaster Preparedness, 3,500 Yolanda Housing Units Turned Over in Leyte: Burauen, Leyte – Speaker Martin Romualdez pledged the House of Representatives' continued support for disaster preparedness ...; Eugenio Rodolfo Sanabria Reporter 2025.01.17

DA Urges Supreme Court to Revise Ruling Allowing Commercial Fishing in Municipal Waters: Manila, Philippines – The Department of Agriculture (DA) has filed a motion with the Supreme Court (SC) to reconsider a rece ...; Pedro Espinola Special Correspondent 2025.01.17

Mandaluyong City Police Confirm Student's Identity, Condemn Mall Security Guard's Actions: Mandaluyong City, Philippines - The Mandaluyong City Police Department has confirmed the identity of the young woman seen in a vir ...; Pedro Espinola Special Correspondent 2025.01.17

Chinese Coast Guard Ship Remains in Philippine EEZ for 13th Day: Manila, Philippines – The Philippine Coast Guard (PCG) on Thursday reported that a Chinese Coast Guard (CCG) vessel has been ...; Pedro Espinola Special Correspondent 2025.01.17

A British Man's Decade-Long Quest for Lost Bitcoin Hits a Snag: Newport, Wales – James Howells, a British man who inadvertently discarded a hard drive containing approximately 8,000 bitcoi ...; Graciela Maria Reporter 2025.01.15

U.S. Securities and Exchange Commission Fines Santander Nearly $4 Million for Unauthorized Messaging: New York, NY – January 14, 2025 – Santander US Capital Markets (SanCap) has been fined nearly $4 million by the U.S. S ...; Hannah Yeh Reporter 2025.01.15

Average Price of Top 10 Best-Selling Cars in Spain Soars 68% in a Decade: Madrid, Spain – The average price of the top 10 best-selling cars in Spain has skyrocketed by a staggering 68% over the past ...; Global Economic Times Reporter 2025.01.15