Global Economic Times

2026.05.14 (Thu)
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All Major Credit Card Companies in South Korea Suspend Homeplus Gift Card Transactions Amid Rehabilitation Concerns: Seoul, South Korea – In a coordinated move, all nine major credit card companies in South Korea have halted transactions inv ...; Desk 2025.03.13

The Born Korea CEO Apologizes Amidst Mounting Controversies: Seoul, South Korea – Baek Jong-won, the prominent chef and CEO of The Born Korea, has issued a formal apology following a se ...; KO YONG-CHUL Reporter 2025.03.13

Lithuanian Central Bank Adjusts GDP Growth Forecast Amidst Steady Economic Expansion: VILNIUS – The Bank of Lithuania (LB) has revised its economic growth projections, forecasting a 2.9% increase in Gross Domes ...; Desk 2025.03.13

Lithuania Exits Cluster Munitions Treaty, Citing Security Concerns Amidst Russian Aggression: VILNIUS – Lithuania has officially withdrawn from the Convention on Cluster Munitions, an international treaty that prohibit ...; Graciela Maria Reporter 2025.03.13

Ignitis Group Expands Green Energy Portfolio with Landmark Hybrid Power Plant Acquisition in Lithuania: VILNIUS – Ignitis Group, a leading international energy company, has announced a significant expansion of its renewable ener ...; Eugenio Rodolfo Sanabria Reporter 2025.03.13

NATO Forces Demonstrate Combat Readiness in Lithuania with Large-Scale Live Fire Exercise: RUKLA, Lithuania – NATO's Multinational Battle Group Lithuania (MN BG LTU) recently concluded a significant live fire exerci ...; ONLINE TEAM 2025.03.13

Libya Development Fund Awards Major University Reconstruction Contract to Turkish Firm: AL-BEIDA, Libya – The Libya Development and Reconstruction Fund (LDRF), under the direction of Director General Belgassem Kh ...; Pedro Espinola Special Correspondent 2025.03.13

Libya Intensifies Migrant Deportations Amid Calls for International Aid: Tripoli, Libya – The Libyan Illegal Migration Control Department has ramped up efforts to repatriate migrants, deporting 160 ...; Yim Kwangsoo Correspondent 2025.03.13

Libya Launches 2025 Bidding Round for 22 Oil and Gas Exploration Areas: Launched on March 3, 2025, the bid round includes 22 exploration areas, covering major oil and gas basins which the Libyan player ...; Pedro Espinola Special Correspondent 2025.03.13

Vietnam and Laos Forge Stronger Trade Ties with Border Upgrade: Kon Tum Province, Vietnam – In a move aimed at bolstering economic cooperation and streamlining trade, Vietnam's Kon Tum Pro ...; Eugenio Rodolfo Sanabria Reporter 2025.03.13

Laos and Thailand Strengthen Collaborative Efforts to Combat Human Trafficking: Vientiane, Laos – March 13, 2025 – In a concerted effort to address the persistent issue of human trafficking, high-le ...; Yim Kwangsoo Correspondent 2025.03.13

Kuwait Oil Sector Poised for Profit Surge Amid OPEC+ Production Increase: KUWAIT CITY – Kuwait's oil sector is anticipating a significant rebound in profits for the 2025/2026 fiscal year, according ...; KO YONG-CHUL Reporter 2025.03.13

Jazeera Airways to Insource Ground Handling, Drive Efficiency and Growth: Kuwait’s leading low-cost carrier, Jazeera Airways, has announced a strategic initiative to insource its ground handling ser ...; Desk 2025.03.13

Kenya Leads Africa's AI Revolution: Microsoft Conference Highlights "Silicon Savannah" Ascendancy: NAIROBI, Kenya, Mar 12 – Kenya solidified its position as Africa's "Silicon Savannah" by hosting the continent's largest Art ...; Eugenio Rodolfo Sanabria Reporter 2025.03.13

Kenya Wildlife Service Launches Major Restocking Effort to Revitalize Shimba Hills National Reserve: Nairobi, Kenya – In a significant move to bolster biodiversity and enhance tourism, the Kenya Wildlife Service (KWS) commenc ...; Desk 2025.03.13

Kenya's Forests Under Siege: Logging Resumes Amidst Development Plans and Climate Concerns: Nairobi, Kenya – The Kenyan government's decision to lift a six-year moratorium on logging in public and community forests i ...; KO YONG-CHUL Reporter 2025.03.13

Kenya's Diplomatic Isolation Deepens Amid Controversial Engagements in Sudan and DRC: Recent diplomatic developments have placed Kenya under intense scrutiny, with accusations of deviating from international norms an ...; Pedro Espinola Special Correspondent 2025.03.13

Serengeti-Mara Ecosystem Under Siege: Overtourism and Development Threaten Wildlife and Indigenous Communities: The Serengeti-Mara ecosystem, a UNESCO-recognized natural treasure, is facing unprecedented threats from overtourism, rapid develo ...; Hee Chan Kim Reporter 2025.03.13

Telkom Kenya Partners with Rakuten Symphony and Airspan Networks to Pioneer Open RAN in Africa: Nairobi, Kenya – "Telkom Kenya has partnered with mobile equipment vendors Rakuten Symphony, a leading service-based technol ...; Hee Chan Kim Reporter 2025.03.13

Kenya's Agricultural Revolution: Disruptive Technologies Combat Climate Change and Drive Growth: Kenya's agricultural sector, a cornerstone of its economy, faces unprecedented challenges from climate change and evolving market ...; Hee Chan Kim Reporter 2025.03.13