Global Economic Times

2026.07.22 (Wed)
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FSC Slams Young Poong with Record $14.7 Million Fine Over Deliberate Accounting Fraud

SEOUL — South Korea’s financial regulator has handed down a record-breaking 20.47 billion won (approximately $14.7 million USD) fine to Young Poong Corp., a major non-ferrous metal slacker
Korean Independence Flag Raised at NYC's Waldorf Astoria Restored to Original Glory

SEOUL — A historic South Korean national flag (Taegeukgi), which bore witness to the fierce diplomatic struggle for independence on the global stage, has successfully been restored to its origin

FRAUD AT THE GATES: PROSECUTORS TAKE ON ILLEGAL APARTMENT SUBSCRIPTIONS IN DONGTAN 2 NEW TOWN

SEOUL — Four individuals who illicitly secured highly coveted apartment subscriptions in Gyeonggi Province's Dongtan 2 New Town through fraudulent residency registrations and administrative

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World No Tobacco Day: Smoking in Paraguay and the Spread of Youth Vaping: ASUNCIÓN, PARAGUAY – On the occasion of World No Tobacco Day every May 31, the Paraguayan Ministry of Public Health r ...; Eugenio Rodolfo Sanabria Reporter 2025.06.01

4 Tons of Marijuana Seized in Double-Bottom Truck Heading for Brazil: Over 3.8 tons of marijuana confiscated and driver arrested in a precise operation by anti-drug units in Capiiybary, Paraguay. App ...; Desk 2025.06.01

"Normalizing Silence is Unacceptable": Voices Rise to Eradicate Child Abuse in Paraguay: Last Saturday, a large-scale demonstration was held in Asunción, the capital of Paraguay, to commemorate the 'Day Against S ...; Ana Fernanda Reporter 2025.06.01

The Complex Challenges of Democracy in Paraguay: Inequality, Organized Crime, and the Dual Nature of Technology – The Fight Against Inequality Is More Complex Than Democracy Itself: Dr. Alfredo Rojas-Calderón, a communication campaign consultant, analyzed the political and electoral landscape of Paraguay ...; KO YONG-CHUL Reporter 2025.06.01

UAE Considers Investment in Paraguay's Infrastructure Projects, Including Commuter Rail and New Airport: The United Arab Emirates (UAE) is reportedly considering investments in major Paraguayan infrastructure projects: the construction ...; Yim Kwangsoo Correspondent 2025.06.01

Paraguayan Consumer Protection Agency Fines Telecom Company Heavily for Unfair Practices: Asunción, Paraguay – The Paraguayan Secretariat of Consumer and User Protection (SEDECO) has taken a strong stance on ...; Pedro Espinola Special Correspondent 2025.06.01

Paraguay's Flavor Captivates Tokyo: Vori Vori Conquers Japanese Culinary Scene: A strong wave of Paraguayan gastronomy is sweeping through Tokyo. Traditional Paraguayan dishes such as vori vori, empanadas, and ...; Greace Nunez Correspondent 2025.06.01

102 Deaths from Respiratory Viruses, Health Authorities Emphasize Vaccination: A total of 102 deaths due to respiratory viruses have occurred this year, and it has been confirmed that all of these individuals ...; Hwang Sujin Reporter 2025.06.01

ENT Diseases Surge Due to Cold Snap: Otitis and Tonsillitis Advisory: As temperatures drop sharply, there's been a significant increase in patients with otitis and tonsillitis, prompting a call for ca ...; Graciela Maria Reporter 2025.06.01

Argentina's Healthcare Fee for Immigrants Sparks Outcry: Paraguayan Immigrants Lament "Our Government Doesn't Care": BUENOS AIRES – As Argentine President Javier Milei signed the new immigration reform decree (DNU 366/2025), the free healthc ...; Graciela Maria Reporter 2025.06.01

Child Sexual Abuse: Stronger Punishments Are Not Enough: In Paraguay, penalties for child sexual abuse have been strengthened, increasing maximum prison sentences from 15 to 30 years. Thi ...; Graciela Maria Reporter 2025.06.01

2025 Asunción International Book Fair Kicks Off with Grand Opening, Honoring Guarania: Asunción, Paraguay – On May 31, 2025, the 2025 Asunción International Book Fair (FIL Asunción 2025) off ...; Global Economic Times Reporter 2025.06.01

Argentina Launches Western Sahara Solidarity Journalists' Network: Emphasizing the Role of the Press in Decolonizing Western Sahara: BUENOS AIRES – A significant step forward in strengthening international solidarity for the Western Sahara issue and highlig ...; Ana Fernanda Reporter 2025.06.01

Jeju Air Plane Skids Off Runway in Vietnam, Tires Damaged: Da Nang, Vietnam – A Jeju Air aircraft carrying 183 passengers skidded off the runway upon landing at Da Nang International ...; Hwang Sujin Reporter 2025.06.01

Over 30,000 Jeonse Fraud Victims Identified in South Korea, New Law Facilitates Purchase of Illegal Structures: Seoul, South Korea – The number of victims officially recognized under South Korea's special law addressing "jeonse" rental ...; KO YONG-CHUL Reporter 2025.06.01

KAIST and Australia's Top Engineering University Forge Partnership, Paving Way for Inter-Governmental Collaboration: SEOUL, South Korea – The Korea Advanced Institute of Science and Technology (KAIST) and the University of New South Wales (U ...; Desk 2025.06.01

Malaysia Showcases Cultural Vibrancy at Seoul World City Cultural Festival: SEOUL, South Korea – The Malaysia Tourism Promotion Board actively participated in the '2025 Seoul World City Cultural Festi ...; LEE YEON SIL Reporter 2025.06.01

KOSAF and Tourism Malaysia Partner for Global Work-Study Program: Seoul, South Korea – The Korea Student Aid Foundation (KOSAF) has officially joined forces with Tourism Malaysia, Seoul Offi ...; KIM YOUNG MIN 2025.06.01

Bali: A Tapestry of Nature, Culture, and Sustainable Aspirations: Indonesia's Bali continues to captivate global travelers with its harmonious blend of breathtaking natural landscapes and rich tra ...; Pedro Espinola Special Correspondent 2025.06.01

South Korea's Foreign Ministry Urges Caution for Travelers to the Philippines and Cambodia: SEOUL, South Korea – The South Korean Ministry of Foreign Affairs (MOFA) has issued a strong advisory to the travel industry ...; Hwang Sujin Reporter 2025.06.01