Global Economic Times

2026.06.29 (Mon)
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Developing Nations Shift Away from Dollar Debt Amid High U.S. Interest Rates: SEOUL - A growing number of developing nations are turning away from U.S. dollar-denominated debt and opting for loans in other cu ...; Pedro Espinola Special Correspondent 2025.09.02

Mexican Drug Cartels Evolve into Paramilitary Forces, Outmatching Law Enforcement: MEXICO CITY, Mexico — Mexican drug cartels are escalating their firepower and tactics to unprecedented levels, transforming ...; Eugenio Rodolfo Sanabria Reporter 2025.09.02

Tesla's India Debut Stumbles, Raising Concerns About Global Growth: NEW DELHI—Tesla's highly anticipated entry into the Indian market appears to be off to a sluggish start, with the company re ...; Graciela Maria Reporter 2025.09.02

Gold and Silver Prices Soar Amid Fed Rate Cut Hopes and Economic Uncertainty: NEW YORK — Gold and silver prices hit all-time highs on Tuesday, fueled by growing expectations that the U.S. Federal Reserv ...; Ana Fernanda Reporter 2025.09.02

Bucheon City Receives 1,000 Children's Literature Books from Mok Il-sin Cultural Foundation: On the 1st, Bucheon City held a ‘Mok Il-sin Cultural Foundation Book Donation Ceremony’ at the reopening of Simgok Lib ...; Hwang Sujin Reporter 2025.09.02

Bucheon City Aids Sister City Gangneung in Overcoming Drought Damage with Bottled Water: Bucheon City announced on the 2nd that it delivered relief supplies to its sister city, Gangneung, which suffered significant dama ...; Hwang Sujin Reporter 2025.09.02

Bucheon SimGok Library Reopens... Newly Renovated for 40th Anniversary Customized Spaces Including Youth and Children's Areas Transform it into a Multi-Purpose Cultural Hub: Bucheon City held a reopening ceremony for the SimGok Library on September 1st, unveiling the newly renovated library. The SimGok ...; KO YONG-CHUL Reporter 2025.09.02

Bucheon City Receives Minister of the Interior and Safety Award for 'Urban Redevelopment Integrated Information Service': Bucheon City received the Minister of the Interior and Safety Award for its "Where Is Our Neighborhood Now? Urban Redevelopment In ...; KO YONG-CHUL Reporter 2025.09.02

The 9th South Chungcheong Province Carbon Neutrality International Conference: Discussing Cooperation Toward a Carbon-Neutral Economy: Boryeong - An international venue for cooperation and discussion on the transition to a carbon-neutral society opened in Boryeong, ...; KO YONG-CHUL Reporter 2025.09.02

Autumn, filled with the melodies of the ukulele, arrives in Seoul! The 20th Seoul International Aloha Ukulele Festival opens.: Aloha! The romance and peaceful melodies of Hawaii are about to fill the heart of Seoul. The 20th Seoul International Aloha Ukulel ...; KO YONG-CHUL Reporter 2025.09.01

Korea's U-16 Men's Basketball Team Dominates Malaysia in FIBA Asia Cup Opener: ULANBATOR, MONGOLIA — The Korean U-16 men's national basketball team, led by coach Ryu Young-jun, started its 2025 FIBA U-16 ...; Hwang Sujin Reporter 2025.09.01

'Flying Electric Car' to Begin Test Flights in the U.S.: Alef Aeronautics, a Silicon Valley-based company, is set to begin test flights for its "Model A," a road-legal electric car with v ...; KO YONG-CHUL Reporter 2025.09.01

Younger Americans More Sympathetic to Hamas in Recent Poll: A recent survey conducted by Harvard University and HarrisX reveals a stark generational divide in support for the Israel-Hamas co ...; Yim Kwangsoo Correspondent 2025.09.01

Conman Sculptor Swindles Local Governments with Fake Art: A shocking fraud case has emerged involving Choi, a 71-year-old man who impersonated a world-renowned sculptor to deceive local go ...; KO YONG-CHUL Reporter 2025.09.01

Foreign Investors Shift Strategy: Selling Samsung Electronics, Buying Kakao and Hyundai Motor: SEOUL – Foreign investors have shifted their strategy in the South Korean stock market, turning to a net-sell position on th ...; Graciela Maria Reporter 2025.09.01

EU Achieves Historic Trade Surplus with Russia Amid Sanctions: BRUSSELS — The European Union has recorded a trade surplus with Russia for the first time on record, a historic reversal of ...; Eugenio Rodolfo Sanabria Reporter 2025.09.01

South Korean Duty-Free Sales Plummet Despite Tourism Boom: Seoul, South Korea — South Korea's duty-free industry faces a major downturn as per-person spending by foreign tourists shar ...; KO YONG-CHUL Reporter 2025.09.01

South Korea Assumes UN Security Council Presidency for September: SEOUL – South Korea will take on the presidency of the United Nations Security Council (UNSC) for the month of September, ma ...; Pedro Espinola Special Correspondent 2025.09.01

Trump's "Reciprocal Tariffs" Dealt a Blow by Court Rulings; Administration Seeks Alternative Routes: WASHINGTON — In a significant setback for the Donald Trump administration's key economic agenda, a U.S. federal appeals cour ...; Global Economic Times Reporter 2025.09.01

The Double-Edged Sword: AI's Role in a New Era of Hacking: In a recent demonstration, a non-expert journalist successfully hacked into a corporate-style website in just 10 minutes using ins ...; Desk 2025.09.01