Global Economic Times

2025.10.24 (Fri)
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Arc Flash Horror: Uncertified Adapter Blamed for Fiery Tesla Charging Explosion in Canada

HOPE, BRITISH COLUMBIA — A Tesla driver was violently thrown to the ground and injured in a high-voltage electrical explosion while attempting to charge his vehicle at a public fast-charging sta
EU States Agree to Complete Phase-Out of Russian Gas by End of 2027

LUXEMBOURG — European Union member states have reached a landmark agreement to fully phase out all remaining Russian gas imports, including Liquefied Natural Gas (LNG), by the end of 2027. The d

Japan Elects Ultraconservative Sanae Takaichi as First Female Prime Minister: The 'Female Abe' Ascends

The election of Sanae Takaichi as Japan's first female Prime Minister on October 21, 2025, has placed a spotlight on her long and unyielding political career. Widely known as the 'Female Abe&#

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Guatemala Vows Continued Support for Taiwan: Guatemala City, Guatemala – Guatemala reaffirmed its commitment to Taiwan on Wednesday, marking the 90th anniversary of dipl ...; KO YONG-CHUL Reporter 2024.12.13

Nicaragua Faces International Condemnation Amidst Growing Authoritarianism: Panama City, Panama – President José Raúl Mulino of Panama has sharply criticized Nicaragua, describing it as ...; Pedro Espinola Special Correspondent 2024.12.13

Indonesia Prioritizes Eastern Region Development: Jakarta, Indonesia – Coordinating Minister for Maritime Affairs and Investment, Agus Harimurti Yudhoyono (AHY), has highligh ...; Graciela Maria Reporter 2024.12.13

Thailand Scraps Proposed VAT Hike Amidst Opposition and Economic Concerns: Bangkok, Thailand – Thailand has abandoned plans to double its value-added tax (VAT) rate following a proposal that faced si ...; Eugenio Rodolfo Sanabria Reporter 2024.12.13

Indonesian Government and Private Sector Collaborate to Foster Creative Economy in Rural Communities: Pangkalan Kerinci, Riau, Indonesia – The Indonesian Ministry of Creative Economy, led by Minister Teuku Riefky Harsya, has p ...; Graciela Maria Reporter 2024.12.13

China's Economic Resilience Defies the Narrative: Beijing, China – Despite a challenging global economic landscape, China's economy is poised to defy expectations and achieve ...; KO YONG-CHUL Reporter 2024.12.13

Yiwu's 3D-Printed Dinosaur Eggs Hatch a Global Phenomenon: Yiwu, China – A small, unassuming city in eastern China is at the epicenter of a global toy craze. Yiwu, often dubbed the "w ...; Yim Kwangsoo Correspondent 2024.12.13

East African Leaders Seek Peace in Congo Amid Renewed Conflict: Arusha, Tanzania – A recent closed-door meeting of the East African Community (EAC) concluded with a call for a combined reg ...; Graciela Maria Reporter 2024.12.13

Orano Loses Control of Niger Uranium Mine Amidst Political Turmoil: French nuclear fuel company Orano announced on Wednesday that it has lost operational control of its Somair uranium mine in Niger. ...; Graciela Maria Reporter 2024.12.13

Hundreds Rally in Chad, Demanding French Military Withdrawal: N'Djamena, Chad – A significant demonstration took place in N'Djamena on Friday, with up to 500 protesters gathering at the ...; Eugenio Rodolfo Sanabria Reporter 2024.12.13

Wall Street Rallies on Mild Inflation Data: New York - Wall Street's major indexes opened higher on Wednesday, buoyed by November's consumer price index (CPI) report, which a ...; Hannah Yeh Reporter 2024.12.13

Egypt's Green Energy Push: Massive Wind Farm Project to Power Millions: Cairo, Egypt – A groundbreaking wind farm project is set to revolutionize Egypt's energy landscape, providing clean power to ...; Ana Fernanda Reporter 2024.12.13

Consumers Brace for Tougher Times: Food Industry Outlook for 2025: San Juan, Puerto Rico – Consumers are becoming increasingly cautious and strategic in their purchasing decisions, according ...; Eugenio Rodolfo Sanabria Reporter 2024.12.13

Saudi Arabia's Banking Sector Sees Surge in Time Deposits: Riyadh, Saudi Arabia – Saudi Arabia's banking sector has witnessed a significant uptick in time deposits, contributing to a ...; Eugenio Rodolfo Sanabria Reporter 2024.12.13

OPEC+ Cuts Extend Oil Market Tightness into 2025: OPEC+’s Prolonged Production Cuts and Rising Demand Tighten Global Oil Market The global oil market is poised to remain tig ...; Pedro Espinola Special Correspondent 2024.12.13

Vision 2030 can inspire global solutions to land degradation, energy crisis: RIYADH: Achieving Saudi Arabia’s Vision 2030 will require significant investment in land restoration and renewable energy, a ...; Eugenio Rodolfo Sanabria Reporter 2024.12.13

Saudi Arabia's 2034 World Cup: A Sustainable and Profitable Vision: Saudi Arabia's ambitious bid to host the 2034 FIFA World Cup has gained significant traction, with FIFA projecting a cost-effectiv ...; KO YONG-CHUL Reporter 2024.12.13

Egypt's Trade Balance Improves, but Current Account Deficit Widens: Cairo, Egypt – Egypt's trade balance saw a positive trend in September 2023, with exports surging and imports increasing at ...; Graciela Maria Reporter 2024.12.12

Egypt to List State-Owned Companies in 2025: CAIRO, Egypt – Egypt is poised to embark on a significant privatization drive in 2025, with plans to list several state-owne ...; Pedro Espinola Special Correspondent 2024.12.12

Ulm's Tallest Tower Loses its Title to Sagrada Família: Ulm, Germany – A century-old record is about to be broken. The Ulm Minster, renowned for its towering spire, is set to lose ...; Desk 2024.12.12