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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MEDLOG to Develop Dry Port and Logistics Center in Egypt's 10th of Ramadan City: Cairo, Egypt - MEDLOG, the logistics arm of the MSC Group, has signed a 30-year agreement with Egypt's General Authority for Land ...; Eugenio Rodolfo Sanabria Reporter 2025.01.08

Singapore Posts Strongest Economic Growth in a Decade: Singapore, Jan 2, 2025 – Singapore has reported its strongest economic growth in a decade, with the Ministry of Trade and In ...; LEE YEON SIL Reporter 2025.01.08

A Devastating Earthquake Strikes Tibet, Killing Dozens: Shigatse, Tibet – A powerful earthquake measuring 6.8 on the Richter scale struck Shigatse, Tibet, on July 7th, causing wide ...; Graciela Maria Reporter 2025.01.07

Peru Extends Tax Debt Restructuring Deadline: Lima, Peru – The Superintendencia Nacional de Aduanas y de Administración Tributaria (SUNAT) has announced an extensi ...; Graciela Maria Reporter 2025.01.05

Paracas Port Launches New Refrigerated Shipping Service, Boosting Peru's Fruit Exports: Paracas, Peru – The Port of Paracas has taken a significant stride in bolstering Peru's agro-industrial trade with the inaug ...; Graciela Maria Reporter 2025.01.05

ÓPTIMA Elevates Its Status as a Leading Financial Institution in El Salvador: San Salvador, El Salvador – ÓPTIMA, a pioneer in micro, small, and medium-sized enterprise (MSME) finance in El Salva ...; Ana Fernanda Reporter 2025.01.05

CRDB Bank Joins Kilimanjaro Marathon as 5km Fun Run Sponsor: Moshi, Tanzania – CRDB Bank has been announced as the new sponsor of the 5km Fun Run at the 23rd Kilimanjaro Premium Lager I ...; Hee Chan Kim Reporter 2025.01.05

BoT's Coupon Rate Adjustment Boosts Investor Confidence, Shapes Tanzanian Bond Market: The Bank of Tanzania's (BoT) recent adjustment to its coupon rate determination method for government bonds is poised to significa ...; Hee Chan Kim Reporter 2025.01.05

Tanzania Emphasizes Trust as Cornerstone for Successful Digital Economy: Dar es Salaam - As Tanzania strives to unlock the potential of its digital economy, building trust among citizens and stakeholders ...; Hee Chan Kim Reporter 2025.01.05

SRI Project Boosts Paddy Production in Kilosa, Morogoro: Kilosa, Morogoro Region - Paddy farmers and extension officers in Kilosa District have expressed their appreciation for the Tanzan ...; Hee Chan Kim Reporter 2025.01.05

Tanzania Leverages Commonwealth Training to Enhance Debt Management: Dar es Salaam, Tanzania - Tanzania has significantly bolstered its national debt management capabilities through participation in ...; Hee Chan Kim Reporter 2025.01.05

Kilimanjaro Residents Praise Inclusive Education Efforts: Moshi, Kilimanjaro Region – Residents of the Kilimanjaro region have commended the Tanzanian government for its efforts to p ...; Hee Chan Kim Reporter 2025.01.05

Tanzania and Japan Reaffirm Commitment to Strengthen Bilateral Ties: Dar es Salaam, Tanzania – Tanzania and Japan reaffirmed their commitment to strengthening bilateral ties and supporting vari ...; Hee Chan Kim Reporter 2025.01.05

Nvidia Poised to Become the World's First $4 Trillion Company: Nvidia, often dubbed the "AI Emperor," is on track to become the world's first company to surpass a $4 trillion market capitalizat ...; Hwang Sujin Reporter 2025.01.05

Fed's Daly Sees No Need for Rate Cuts, Cautions on Premature Celebrations: San Francisco, CA – Mary Daly, president of the Federal Reserve Bank of San Francisco, has expressed caution about further i ...; Sharon Yoon Correspondent 2025.01.05

China's Fireworks Industry Soars with Drone Technology: Liu Yang, China – Once on the brink of extinction due to strict environmental regulations, China's fireworks industry is exp ...; Eugenio Rodolfo Sanabria Reporter 2025.01.02

TCCIMA and Iran-Russia Joint Chamber Sign MOU to Boost Trade Ties: Tehran, December 31, 2024 - The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Iran-Russia Joint C ...; Graciela Maria Reporter 2025.01.01

Iran-EAEU Trade Soars 2.5-Fold Under Preferential Agreement, FTA on Horizon: Tehran, December 31, 2024 – Iran's trade with the Eurasian Economic Union (EAEU) has surged by 2.5 times since the implement ...; Graciela Maria Reporter 2025.01.01

South Pars Gas Production Reaches Record High of 714 Mcm/d: Tehran - South Pars Gas Company (POGC) announced a significant milestone, achieving a daily gas production of 714 million cubic me ...; Graciela Maria Reporter 2025.01.01

Chinese Construction Giant Highlights ESG and Standards in Tanzania: Dar es Salaam - The China Communications Construction Company (CCCC) Tanzania Branch has released its inaugural "Belt and Road Ini ...; Hee Chan Kim Reporter 2025.01.01