Global Economic Times

2026.07.24 (Fri)
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U.S. Moves to Sever Chinese Materials and Components from Defense Supply Chains

WASHINGTON — In a decisive move aimed at safeguarding national security and reinforcing military readiness, the Trump administration has launched a comprehensive overhaul of the United States de
Saudi Arabia Launches Naval Protection Measures as Houthi Blockade Threat Escalates in Bab-el-Mandeb Strait

RIYADH / RED SEA — Saudi Arabia has officially announced comprehensive military and security measures to safeguard commercial shipping traversing the strategic Bab-el-Mandeb Strait, following ma

Mexican Cinema Legend Elsa Aguirre Passes Away at 96

MEXICO CITY — Elsa Aguirre, one of the most iconic actresses from the Golden Age of Mexican Cinema (Época de Oro), passed away on July 14 at the age of 96, local daily La Jornada reported

World

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"Do Not Return to the U.S. Mainland"... Another American Ebola Patient Evacuated to Germany: FRANKFURT / SEOUL — Another American citizen infected with the deadly Ebola virus in the Democratic Republic of the Congo (D ...; Graciela Maria Reporter 2026.07.13

Tensions Flare in Hormuz: Series of Explosions Rock Southern Iran as Major Retaliation Against US Bases Looms: DUBAI — The volatile geopolitical landscape of the Middle East plunged into deeper turmoil on Wednesday as a series of power ...; Global Economic Times Reporter 2026.07.09

Cuba’s National Power Grid Collapses Amid Escalating Humanitarian Crisis: HAVANA — Cuba’s national electric grid suffered a catastrophic failure on July 6, 2026, plunging the entire island nat ...; Ana Fernanda Reporter 2026.07.08

Europe Gripped by Deadly Heatwave: Over 2,000 Deaths Reported in France and Spain: A brutal heatwave has swept across Europe, leaving a trail of devastation in its wake. As temperatures soared to record highs in l ...; Graciela Maria Reporter 2026.07.04

Poland Warns of Potential Russian Military Provocation: "Critical Months Ahead": As concerns mount over the possibility of a Russian military provocation within Polish borders aimed at testing the resolve of NAT ...; Pedro Espinola Special Correspondent 2026.07.04

U.S. Navy and International Fleets Gather in New York for America’s Semiquincentennial Celebration: NEW YORK — As the United States celebrates its 250th anniversary of independence on July 4, 2026, the waters off the coast o ...; Ana Fernanda Reporter 2026.07.04

German Prosecutors Accuse Ukrainian Government of Orchestrating Nord Stream Pipeline Bombing: BERLIN — In a development that threatens to send seismic shocks through European geopolitics, German federal prosecutors hav ...; Ana Fernanda Reporter 2026.07.03

Brussels Investigates Potential Damage to Iconic Arch Following U.S. Independence Day Celebration: BRUSSELS — Belgian authorities have launched an investigation into potential damage to the iconic triumphal arch at the Cinq ...; Graciela Maria Reporter 2026.07.03

Fiscal Woes Grip Southeast Asia: Thailand, Philippines, and Vietnam Face Currency Depreciation Amid Subsidy Pressures: Southeast Asia is currently grappling with a trifecta of fiscal instability, ballooning national debt, and weakening currencies. A ...; Eugenio Rodolfo Sanabria Reporter 2026.07.03

Indonesia: The 'Weakest Link' in Southeast Asia as Fuel Subsidies Backfire: JAKARTA — Southeast Asia is facing a growing wave of fiscal anxiety, and Indonesia has emerged as the region’s "weakes ...; Ana Fernanda Reporter 2026.07.03

America at 250: A Nation Divided and Doubting its Golden Age: WASHINGTON, D.C. — As the United States prepares to mark its 250th anniversary on July 4, the atmosphere in the nation&rsquo ...; Yim Kwangsoo Correspondent 2026.07.03

Tehran Sets Strict 60-Day Deadline for Free Passage in Strait of Hormuz Amid Stalled Peace Talks: TEHRAN — In a move that significantly escalates tensions surrounding the world’s most critical maritime chokepoint, Ir ...; Eugenio Rodolfo Sanabria Reporter 2026.07.01

Putin Vows Resilience as Russia Faces “Difficult Period” Amid Escalating Drone Strikes: MOSCOW — Russian President Vladimir Putin acknowledged on June 28, 2026, that the nation is navigating a "difficult period" ...; Ana Fernanda Reporter 2026.06.29

Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis: CARACAS – Venezuela is currently grappling with the aftermath of one of the most catastrophic natural disasters in its moder ...; Pedro Espinola Special Correspondent 2026.06.27

Canada’s Multi-Billion Dollar Submarine Race: Economic Benefits Take Center Stage as Decision Looms: OTTAWA — As the Canadian government nears a historic decision on the $60 billion Canadian Patrol Submarine Project (CPSP), t ...; Pedro Espinola Special Correspondent 2026.06.24

UN Secretary-General Urges AI Industry to Adopt Environmental Transparency Amid Rapid Infrastructure Expansion: LONDON — UN Secretary-General António Guterres has issued a stern call to action for the global artificial intelligen ...; Eunsil Ju Reporter 2026.06.24

Europe Suffers Under Record-Breaking Heatwave: Paris and Rome Take Emergency Measures: PARIS/ROME/LONDON — Europe is currently grappling with a historic and potentially dangerous heatwave, with temperatures cons ...; Greace Nunez Correspondent 2026.06.24

International Oil Prices Hit Four-Month Low as Shipping Resumes in Strait of Hormuz: NEW YORK – International oil prices extended their decline on Tuesday, June 23, 2026, dropping to their lowest levels in nea ...; Eugenio Rodolfo Sanabria Reporter 2026.06.24

China Reveals DF-17 Hypersonic Missile Launch: A Strategic Signal to the U.S. and Its Allies: In a provocative move just days before the commencement of the world’s largest multinational maritime exercise, RIMPAC (Rim ...; KO YONG-CHUL Reporter 2026.06.22

Taiwan Launches 'Instant War Readiness Drill' Amidst China's Maritime Exercises: In a decisive response to China's recent military maneuvers, the Taiwanese armed forces have initiated a five-day "Instant War Rea ...; Ana Fernanda Reporter 2026.06.22

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