Global Economic Times

2025.10.22 (Wed)
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South Korea's Per Capita GDP Slump: Taiwan Expected to Overtake for the First Time in 22 Years

SEOUL—South Korea's economic standing is facing a potential setback as the International Monetary Fund (IMF) projects a significant drop in its per capita Gross Domestic Product (GDP) rankin
South Korea 'Trapped': OECD Shock as Tax Revenue Plummets

SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to 17.6% in 2024, ranking it 30th out of 38 OECD member nations. This fi

Samsung Heiresses to Sell $1.3 Billion Worth of Samsung Electronics Shares for Inheritance Tax

SEOUL – The controlling family of Samsung Group is set to dispose of a massive block of Samsung Electronics shares, valued at approximately $1.3 billion, to fund the payment of inheritance taxes

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Paraguay's 2026 Health Budget Increase Deemed 'Insufficient,' Chronic Issues Remain Unresolved: ASUNCIÓN – The Paraguayan government's proposed 2026 national budget (PGN) is facing criticism, with many arguing tha ...; Graciela Maria Reporter 2025.09.08

Paraguay's Economy Expected to Grow Nearly 5% in 2025, Says Minister of Economy: ASUNCIÓN — The Paraguayan economy is projected to show strong growth in 2025, exceeding initial expectations. On Sept ...; Ana Fernanda Reporter 2025.09.08

Tesla Board Proposes New, Billion-Dollar Compensation Plan for Musk, Reaching for Unprecedented Goals: SAN FRANCISCO — In a move that could redefine corporate executive compensation, Tesla's board of directors has unveiled a ne ...; KO YONG-CHUL Reporter 2025.09.06

Gold Soars to Record High Amid U.S. Job Market Cool-Down and Fed Rate Cut Speculation: NEW YORK — International gold prices shattered previous records on Friday, September 5, buoyed by unexpected signs of a weak ...; Eunsil Ju Reporter 2025.09.06

Global Bond Markets Rebound Amid US Economic Slowdown: Global bond markets have experienced a significant rally, recovering from a recent slump, following the release of disappointing U ...; Desk 2025.09.04

Gold Hits Record High of $3,508 Amid Global Economic Turmoil: The price of gold has soared to a new all-time high of $3,508 per ounce, driven by a confluence of global economic uncertainties a ...; Hwang Sujin Reporter 2025.09.04

What is the global economic impact of a U.S.-China bipolar world: The world is standing at a geopolitical and economic crossroads. The era of globalization that defined the late 20th and early 21s ...; ONLINE TEAM 2025.09.04

Global Economic Growth Weakens Amid Trade Uncertainty: The global economic outlook is darkening, with the OECD's latest Economic Outlook projecting a slowdown due to trade policy uncert ...; Global Economic Times Reporter 2025.09.04

Global Trade Rattled as 'Uncertainty' Becomes the New Tariff: In a significant shift from traditional challenges like tariffs or geopolitical tensions, a new, more insidious force is reshaping ...; KO YONG-CHUL Reporter 2025.09.04

A Graying World: How We Can Turn Longevity into an Economic Boon: The world is getting older, and while that's a testament to human progress, it also presents a significant challenge to economies ...; Pedro Espinola Special Correspondent 2025.09.04

Back-to-School Buzz Fades for University Towns: Most universities started their fall semester on September 1, but business is slow in many university towns. While students are ba ...; Hwang Sujin Reporter 2025.09.03

Paraguay's Beef Exports Hit All-Time High, Up 32.5% by August This Year: September 1, 2025. Paraguay's beef exports have shown record growth from the beginning of this year through August, reaching a tot ...; Graciela Maria Reporter 2025.09.03

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

Why Economic Growth Doesn't Always Reach Everyone's Pockets: Former Minister of Finance, Manuel Ferreira, explained why economic growth indicators often feel disconnected from the reality of ...; Ana Fernanda Reporter 2025.08.22

Paraguay’s Development Finance Agency (AFD) Drives Economic Growth Through Housing Loans: ASUNCIÓN, PARAGUAY — According to a recent report by the Development Finance Agency (AFD) of Paraguay, a total of $19 ...; Pedro Espinola Special Correspondent 2025.08.22

Despite Tariff Windfall, U.S. Federal Deficit Widens by $109 Billion: WASHINGTON—The U.S. federal government's budget deficit has expanded by $109 billion this fiscal year, even as a surge in ta ...; Desk 2025.08.11

South Korea's "Pocketbook Squeeze": Food and Public Transport Costs Surge, Burdening Households: SEOUL—In a troubling sign for household finances, South Korea is experiencing a sharp rise in the cost of essential goods an ...; Hwang Sujin Reporter 2025.08.11

Buenos Aires Inflation Rises to 2.5% in July 2025, with a Cumulative Annual Rate of 18.1%: According to data released by the Buenos Aires City Statistics Office, the consumer price index (CPI) in Buenos Aires rose by 2.5% ...; Desk 2025.08.08

Paraguay's Financial Market in June 2025: A Balancing Act of Liquidity and Growth: In June 2025, the Paraguayan financial system demonstrated its vitality by maintaining robust growth. According to the latest fina ...; Yim Kwangsoo Correspondent 2025.08.06

Argentina, Panama, and Paraguay Drive Growth, Mexico at the Bottom... Cepal Releases 2025 Economic Outlook: The United Nations Economic Commission for Latin America and the Caribbean (Cepal) has released its forecast for regional economic ...; KO YONG-CHUL Reporter 2025.08.06

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