Global Economic Times

2026.07.01 (Wed)
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Panama Ports Company Accused of Lost Revenue Due to Stalled Tariff Review: Panama City, Panama – January 31, 2025 – An audit has revealed significant potential revenue losses for Panama stemmin ...; Eugenio Rodolfo Sanabria Reporter 2025.02.02

Panama Weighs Post-Dollarization Future Amidst US Tensions: Panama's long-standing economic cornerstone, its dollarized monetary system, is facing renewed scrutiny amidst rising global econo ...; Graciela Maria Reporter 2025.02.02

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

DeepSeek's R1 AI Model Sparks Controversy in the AI Industry: DeepSeek, a Chinese startup, has made waves in the AI industry with its new inference model, R1. However, the model's release has ...; KO YONG-CHUL Reporter 2025.01.31

Controversy Erupts Over Iliman Ndiaye's Goal Celebration: London, England - Everton winger Iliman Ndiaye (25) found himself at the center of a heated debate this weekend after receiving a ...; Eugenio Rodolfo Sanabria Reporter 2025.01.31

FAA Investigation Finds "Abnormal" Staffing at Air Traffic Control Tower During D.C. Plane-Helicopter Crash: WASHINGTON D.C. – The Federal Aviation Administration (FAA) has determined that the air traffic control tower at Ronald Reag ...; Hannah Yeh Reporter 2025.01.31

Lotte On to Welcome Luxury Brands in a Major Expansion of its E-commerce Platform: SEOUL – Lotte On, the e-commerce platform of Lotte Shopping, is set to significantly expand its luxury offerings next month ...; Hwang Sujin Reporter 2025.01.31

DeepSeek Founder Liang Wenfeng: The Mysterious Genius Behind China's AI Revolution: Liang Wenfeng, the founder of DeepSeek, a Chinese AI model that delivers performance comparable to ChatGPT at a low cost, has garn ...; Graciela Maria Reporter 2025.01.31

Seoul's Young Adults Increasingly Living with Parents, Study Finds: SEOUL – A recent study by the Seoul Institute has revealed a growing trend among young adults in Seoul to live with their pa ...; Hwang Sujin Reporter 2025.01.31

KT Cloud Partners with Rackspace to Strengthen Cloud Native Technologies: Seoul, South Korea – KT Cloud, a leading cloud service provider in South Korea, announced on January 31st that it has partne ...; Global Economic Times Reporter 2025.01.31

DeepSeek's AI Model Shakes Silicon Valley, Sparks Interest in South Korea: Silicon Valley was recently shaken by news that DeepSeek's latest AI model is outperforming OpenAI's model in some tests. This new ...; ONLINE TEAM 2025.01.31

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

Korean Mezzo-Soprano Yi-Kyoung Lee Celebrates 30th Anniversary with "My Way" Concert: SEOUL – Renowned Korean mezzo-soprano Yi-Kyoung Lee, the first Korean to win the prestigious Bellini International Vocal Com ...; Hwang Sujin Reporter 2025.01.31

Renowned Korean Traditional Dancers and Singers to Gather for Special Performance: Seoul, South Korea – Some of the most celebrated figures in Korean traditional arts will come together for the "2025 Han Eum ...; KO YONG-CHUL Reporter 2025.01.31

Allegations of Workplace Harassment Against Late MBC Weather Caster Oh Yo-anna Spark Investigation: SEOUL – Allegations of workplace harassment against the late Oh Yo-anna, a beloved weather caster for MBC, have surfaced, pr ...; Desk 2025.01.31

Korean Ministry Mandates Weekly Remote Work for Pregnant Employees: Seoul, South Korea – In a move aimed at promoting work-life balance and supporting employees' well-being, the Ministry of Pe ...; Hwang Sujin Reporter 2025.01.31

E-commerce Companies Dive into Luxury Goods Market Amidst Slowing Growth: SEOUL – In a bid to expand their customer base and boost sales, South Korean e-commerce giants are increasingly venturing in ...; Hwang Sujin Reporter 2025.01.31

Korea Boosts Investment Incentives for Local Businesses: To stimulate corporate investment in local areas, the ceiling for local investment subsidies will be raised from the current 100 b ...; KO YONG-CHUL Reporter 2025.01.31

Seoul's Seocho District Tops Average Apartment Transaction Price in 2024: Seoul – According to data provided by the Korea Real Estate Board to Rep. Lee Yeon-hee of the Democratic Party of Korea's La ...; Min Gyu Mi Reporter 2025.01.31

Jajangmyeon Prices Soar Over the Past Decade, Leading 'Noodle-flation': Among popular dining-out options in South Korea, the price of jajangmyeon (black bean noodles) has seen the most significant incre ...; Desk 2025.01.31