Global Economic Times

2026.07.24 (Fri)
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US Finalizes Section 301 ‘Forced Labor Tariffs’ on 60 Nations; South Korea Hit with 12.5% Duty

WASHINGTON / SEOUL — The Donald Trump administration on Thursday (July 23, local time) finalized additional tariffs ranging from 10% to 12.5% on 60 countries under Section 301 of the Trade Act o
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

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Sapa, the Hidden Gem of Vietnam: Leading a New Travel Trend: Sapa, a highland town in northern Vietnam, is rapidly emerging as a new and highly popular travel destination among South Korean t ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23

'Crazy Rich' City Singapore, How to Enjoy it on a Budget: With Singapore's ultra-luxurious hotels, high-end shopping malls, and upscale restaurants, it's easy to assume it's one of Southea ...; KO YONG-CHUL Reporter 2025.06.23

Middle East Airspace: Rising Tensions Lead to Widespread Flight Cancellations and Diversions: Tensions in the Middle East have escalated to their highest point after the United States launched airstrikes on Iranian nuclear f ...; KO YONG-CHUL Reporter 2025.06.23

Korean Medical Team Extends Helping Hand to Philippine Korean War Veterans, Returning the Favor: MANILA, Philippines – Ahead of the 75th anniversary of the Korean War's outbreak on June 25, a South Korean medical team vis ...; Global Economic Times Reporter 2025.06.23

Where is Paraguay Going? Education and Morality in Crisis: A recent statement by Senator Blanca Ovelar (Ph.D.) during a Paraguayan Senate meeting regarding the current state of academic edu ...; Graciela Maria Reporter 2025.06.23

Israel-Iran Military Clash, Strait of Hormuz Blockade Crisis Escalates: Global Economic Nuclear Storm Warning: On June 21st (Saturday), military tensions in the Middle East reached an all-time high as the United States, in full coordination ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23

Argentina, Prigozhin-Linked Russian Spy Network Discovered: The Kremlin's Shadow Over South America: Argentina's announcement of uncovering a large-scale operation by Russian intelligence agencies within its borders has shocked the ...; Desk 2025.06.23

Argentina's Ascent: Vaca Muerta Emerges as an LNG Export Hub: Argentina's Vaca Muerta shale gas field is rapidly becoming a new powerhouse in the energy market. With astounding growth in the f ...; Ana Fernanda Reporter 2025.06.23

Argentina's Natural Resources: Challenges and Opportunities Towards a Sustainable Future: Argentina's natural resources, encompassing both renewable and non-renewable assets, are of immense importance. According to a 201 ...; Ana Fernanda Reporter 2025.06.23

Iran Threatens US Bases in Middle East: 40,000 Troops in Range: Tehran, Iran – Iran's Supreme Leader, Ayatollah Ali Khamenei, issued a stark warning on June 21 (local time), stating that t ...; Pedro Espinola Special Correspondent 2025.06.22

Devastating Landslide Claims Lives in Banff National Park: A Deep Dive into Geohazards and Climate Change Impacts in the Rockies: Banff, Alberta – A catastrophic landslide in Canada's Banff National Park on June 20, 2025, tragically resulted in the death ...; Eugenio Rodolfo Sanabria Reporter 2025.06.22

Early Heatwave Grips Northern Hemisphere, Europe's Nuclear Plants Under Threat, US Faces Heat Dome Alert: An unprecedented wave of high temperatures has descended upon the Northern Hemisphere, raising serious concerns and fears of sever ...; Desk 2025.06.22

U.S. Resumes Student Visas with Significantly Stricter Social Media Scrutiny: The U.S. State Department has officially resumed international student visa appointments. However, the process now involves signif ...; Ana Fernanda Reporter 2025.06.22

US Auto Market Grapples with Escalating Prices Amid Tariff Onslaught: The U.S. automotive market is grappling with a significant wave of price increases, a direct consequence of the robust tariff poli ...; Ana Fernanda Reporter 2025.06.22

Japan Cancels Key US Security Talks Amid Escalating Defense Spending Dispute, Signaling Alliance Strain: TOKYO – Japan has abruptly canceled its high-level "2+2" foreign and defense ministerial meeting with the United States, a m ...; Hwang Sujin Reporter 2025.06.22

US Economy Braces for Double Shock: Tariff Blowback Meets Middle East War Threat: The United States economy finds itself at a precarious crossroads, facing a dual assault from the lingering repercussions of the t ...; KO YONG-CHUL Reporter 2025.06.22

US Social Security System in Peril: Fund Depletion Looms by 2033 Amid Demographic Shifts and Political Gridlock: The United States' Social Security system faces a profound crisis. Rapid aging of the population, declining birth rates, and evolv ...; KO YONG-CHUL Reporter 2025.06.22

Trump Orders 'Decisive Strikes' on Iranian Nuclear Facilities, Declares 'Era of Peace' Amid Escalating Middle East Tensions: WASHINGTON D.C. – In a dramatic escalation of geopolitical tensions in the Middle East, United States President Donald Trump ...; KO YONG-CHUL Reporter 2025.06.22

Netanyahu Asserts Israel's Unilateral Capability to Strike Iranian Nuclear Facilities Amid Escalating Tensions: JERUSALEM – Israeli Prime Minister Benjamin Netanyahu declared on Thursday evening, June 19, that Israel's military campaign ...; Yim Kwangsoo Correspondent 2025.06.21

Trump Issues Two-Week Ultimatum to Iran Amid Escalating Regional Conflict: WASHINGTON/GENEVA – United States President Donald Trump announced on June 19 that he would decide within two weeks whether ...; Hannah Yeh Reporter 2025.06.21