Global Economic Times

2026.04.27 (Mon)
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Ulsan: A Manufacturing Powerhouse Faces an Uncertain Future: Ulsan, South Korea – Yang Seung-hoon, a sociology professor at Kyungnam University, has delved into the current state of Uls ...; Desk 2024.12.28

South Koreans Enjoy More Leisure Time, But Spend Less: Seoul, South Korea – Despite the rising cost of living, South Koreans are finding more time to relax. A recent survey conduc ...; KO YONG-CHUL Reporter 2024.12.28

Lotte Leverages AI to Drive Global Expansion and Innovation: Lotte Group, a South Korean conglomerate, is accelerating its efforts to strengthen its global competitiveness and drive business ...; Hwang Sujin Reporter 2024.12.28

U.S. Nears Debt Ceiling Again, Raising Default Fears: Washington, D.C. – The United States is once again on the brink of a debt ceiling crisis, with Treasury Secretary Janet Yell ...; Eugenio Rodolfo Sanabria Reporter 2024.12.28

Soaring Exchange Rate Sends Shockwaves Through South Korea's Industries: Seoul, South Korea – The won-dollar exchange rate has surged to unprecedented levels following the December 3rd emergency de ...; Desk 2024.12.28

BYD Dominates Hungarian Electric Vehicle Market: Budapest, Hungary – BYD, the world's leading manufacturer of new energy vehicles (NEVs), is making significant strides in th ...; Graciela Maria Reporter 2024.12.27

Hungary Caps Guest Worker Permits to 35,000 in 2025: Budapest – Minister for National Economy Márton Nagy has decided to cap the maximum number of guest worker residence ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Former House Speaker Proposes Hydrogen Vehicle Initiative in Puerto Rico: San Juan, Puerto Rico – Former House Speaker José Aponte announced today that he will be introducing a resolution in ...; Global Economic Times Reporter 2024.12.27

OpenAI Revives Plans for Humanoid Robot, Expanding Beyond AI: OpenAI, the artificial intelligence research laboratory, is reportedly revisiting its plans to develop a humanoid robot, according ...; KO YONG-CHUL Reporter 2024.12.27

Puerto Rico to Provide Millions in Tax Credits to Working Families: San Juan, Puerto Rico – The Puerto Rico Department of Treasury announced today that thousands of Puerto Rican families will ...; Ana Fernanda Reporter 2024.12.27

Netflix to Drop Support for Older TVs in 2025: Netflix has announced that it will be discontinuing support for older smart TVs, beginning in 2025. This means that many televisio ...; Hwang Sujin Reporter 2024.12.27

Buy Now, Pay Later: A Risky Holiday Trend: San Juan, Puerto Rico – Buy Now, Pay Later (BNPL) services have become increasingly popular among online shoppers, especiall ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Houaphanh Province to Recognize Pa Bum Sauce and Tai Daeng Singing as Cultural Heritage: Vientiane, Laos – Houaphanh Province will officially recognize Pa Bum sauce and Tai Daeng traditional singing as part of its ...; Hwang Sujin Reporter 2024.12.27

Oil Prices Edge Lower on Friday, but Set for Weekly Gain: RIYADH – Oil prices were little changed on Friday but were poised for a weekly gain amid optimism that economic stimulus eff ...; Graciela Maria Reporter 2024.12.27

Egypt's Central Bank Holds Interest Rates Steady: Cairo - Egypt's central bank kept its overnight interest rates unchanged on Thursday, as widely expected, citing persistent inflat ...; Global Economic Times Reporter 2024.12.27

Saudi Arabia's New Commercial Regulations: A Game-Changer for Entrepreneurs: Riyadh – Saudi Arabia's recently approved regulations streamlining commercial registration and trade name processes are pois ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Ukraine Sends First Food Aid Shipment to Syria: Kyiv, Ukraine - Ukraine, a major global producer and exporter of grain and oilseeds, has dispatched its inaugural batch of food ai ...; Graciela Maria Reporter 2024.12.27

Hira Cultural District in Makkah Emerges as Winter Hub for Culture and Recreation: Makkah, Saudi Arabia – As winter approaches, the Hira Cultural District in Makkah has become a popular destination for both ...; KO YONG-CHUL Reporter 2024.12.27

Estonia Calls for Increased NATO Presence After Suspected Sabotage of Power Cable: TALLINN — The Estonian government held an emergency meeting on Thursday following the damage to the Estlink-2 power cable co ...; Pedro Espinola Special Correspondent 2024.12.27

Five Staff Members Killed in Israeli Attack on Gaza Hospital: GAZA CITY, Palestine - Five staff members of Kamal Adwan Hospital in the northern Gaza Strip were killed on Thursday due to Israel ...; Pedro Espinola Special Correspondent 2024.12.27