Global Economic Times

2026.04.26 (Sun)
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Oil Prices Plummet Amid Trade War Uncertainty and Rising US Crude Inventories: International oil prices experienced a sharp decline on Tuesday, with Brent and West Texas Intermediate (WTI) crude futures both f ...; Yim Kwangsoo Correspondent 2025.02.06

K-Food Companies on Edge as US-China Trade War Heats Up: The US-China trade war is escalating, with both countries imposing additional tariffs on each other's goods. This is causing jitte ...; Min Gyu Mi Reporter 2025.02.06

South Korea to Establish Massive Fund for Advanced Industries: Seoul – The South Korean government has announced plans to create a multi-billion dollar fund to support the development of ...; KO YONG-CHUL Reporter 2025.02.06

Bank of Korea's Gold Reserves Ranking Drops Amid Global Gold Rush: The Bank of Korea's (BOK) ranking in global gold reserves has fallen two places in the past year, from 36th to 38th. This comes a ...; KO YONG-CHUL Reporter 2025.02.06

North Korean Defectors Entering South Korea Increased by 20% Last Year: Seoul, South Korea – The number of North Korean defectors who entered South Korea last year totaled 236, an increase of 20.4 ...; Desk 2025.02.06

North Korean Troops in Russia Reportedly Withdrawn Amidst Heavy Losses: Kyiv, Ukraine - Amidst conflicting reports regarding the presence of North Korean troops fighting alongside Russian forces in Ukra ...; Global Economic Times Reporter 2025.02.06

Colombia's Leather and Footwear Industry Takes Center Stage at IFLS and EICI Trade Shows: BOGOTA – The Colombian Association of Footwear, Leather and Manufactures (Acicam) kicked off its annual International Footwe ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

Dollar Plummets in Colombia, Offering Savings for Consumers: Bogota, Colombia - The US dollar has seen a significant drop in value against the Colombian peso in recent months, leading to lowe ...; Graciela Maria Reporter 2025.02.05

Valentine's Day Spending in Peru Projected to Reach $165 Million: LIMA, Peru – Valentine's Day is a significant date for retailers in Peru, and this year is no exception. The Lima Chamber of ...; Ana Fernanda Reporter 2025.02.05

Peruvian Crafts to Showcase Tradition and Innovation at Ambiente Worldwide 2025: Lima, Peru – The Ministry of Foreign Trade and Tourism (Mincetur) has announced that Peruvian crafts will be featured at the ...; Desk 2025.02.05

Petroperú Expands Natural Gas Service to Industrial Park in Arequipa: AREQUIPA, Peru – Petróleos del Perú (Petroperú) has announced a significant step in its effort to bring ...; Pedro Espinola Special Correspondent 2025.02.05

Barranco to Receive $1.3 Million Investment to Boost Tourism Safety and Accessibility: Barranco, Peru – The Ministry of Foreign Trade and Tourism (Mincetur) has signed an agreement with the Municipality of Barra ...; Ana Fernanda Reporter 2025.02.05

Peruvian Savers Gain Deposit Insurance Coverage for Credit Cooperatives: LIMA, PERU – In a move to bolster financial security for savers, Peru's Superintendent of Banking, Insurance and AFP (SBS) a ...; Graciela Maria Reporter 2025.02.05

Ecuador to Impose 27% Tariff on Mexican Imports Amidst Diplomatic Tensions: Quito, Ecuador – President Daniel Noboa of Ecuador announced on Monday that his administration will impose a 27% tariff on a ...; Pedro Espinola Special Correspondent 2025.02.05

Lima's Real Estate Market Booms with 30% Growth in 2024: Lima, Peru – The real estate market in Metropolitan Lima experienced a significant surge in 2024, closing the year with an i ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

Bagamoyo: A Tanzanian Town Echoes with History and Drives Tourism: COAST REGION, Tanzania – Nestled along Tanzania's coast, the historic town of Bagamoyo stands as a poignant reminder of the ...; Hee Chan Kim Reporter 2025.02.05

Egyptian Trade Delegation to Explore Opportunities in Tanzania: DAR ES SALAAM – A delegation of 23 leading Egyptian companies is set to visit Tanzania from February 1st to 6th, 2025, in a ...; Hee Chan Kim Reporter 2025.02.05

Tanzanian MPs Call for Aircraft Ownership Transfer to Bolster National Airline: DODOMA – Members of Parliament in Tanzania have urged the government to transfer ownership of aircraft operated by Air Tanza ...; Hee Chan Kim Reporter 2025.02.05

Raza’s All-Round Masterclass Leads Pak Stars to Dominant Victory: DAR ES SALAAM – Pak Stars secured a resounding 113-run victory over Dar Indian Titans in a DC Super League 50-over clash at ...; Hee Chan Kim Reporter 2025.02.05

Sumbawanga Stakeholders Advocate for Copyright Protection of Traditional Music: SUMBAWANGA, Tanzania – Culture stakeholders in the Rukwa Region are urging traditional cultural groups to register their nat ...; Hee Chan Kim Reporter 2025.02.05