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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Spain and Portugal Battle Spreading Wildfires Amidst Record Heat: Madrid, Spain - Spain and Portugal are grappling with a series of devastating wildfires, fueled by a scorching heatwave that has s ...; Yim Kwangsoo Correspondent 2025.08.18

Prabowo's Inaugural Budget Prioritizes Education and Economic Growth: JAKARTA – President Prabowo Subianto of Indonesia has announced a record-breaking education budget for the upcoming year, al ...; Pedro Espinola Special Correspondent 2025.08.18

Heavy Floods in Pakistan Leave Over 340 Dead, Hindering Rescue Efforts: ISLAMABAD — Sudden, intense monsoon rains in northwestern Pakistan have caused catastrophic flash floods, killing at least 3 ...; Graciela Maria Reporter 2025.08.18

U.S. and Philippines Discuss Deploying More Defense Systems to Counter China: HANOI - The United States and the Philippines are in discussions about deploying additional U.S. defense equipment, including miss ...; Greace Nunez Correspondent 2025.08.18

Air Canada Strike Escalates as Union Defies Government Order: TORONTO — The strike by Air Canada flight attendants has intensified after the union, the Canadian Union of Public Employees ...; Eunsil Ju Reporter 2025.08.18

US Government Desperate to Hire Immigration Agents, Offering $50,000 Signing Bonus: WASHINGTON, D.C. — The U.S. government, under the Trump administration, is aggressively recruiting personnel for Immigration ...; Graciela Maria Reporter 2025.08.18

Bolivian Presidential Election Heads to a Runoff as No Candidate Secures Decisive Win: LA PAZ, Bolivia – Bolivia concluded its presidential election on August 17, with preliminary results indicating no candidate ...; Eugenio Rodolfo Sanabria Reporter 2025.08.18

Billionaire Speeding Fine in Switzerland Sparks Debate over Justice and Income-Based Penalties: GENEVA – A recent traffic violation in Switzerland has captured international attention, not for the speed of the car, but f ...; KO YONG-CHUL Reporter 2025.08.16

Thai Actress Appointed Border Center Spokesperson, Sparks Controversy: BANGKOK — In a move that has both captivated and divided the nation, Thailand has appointed a former beauty queen and renown ...; KO YONG-CHUL Reporter 2025.08.16

From the Streets to the Finish Line: A Drunken Detour Becomes a Life-Altering Journey: RIO DE JANEIRO, Brazil – What began as a disoriented, drunken impulse for a homeless man in Brazil has unexpectedly evolved ...; Global Economic Times Reporter 2025.08.16

China's "Robot Olympics" Showcases Leap in AI and Humanoid Technology: BEIJING – The world is watching as Beijing hosts its first-ever "Robot Olympics," a four-day event from August 14-17 that is ...; KO YONG-CHUL Reporter 2025.08.14

Taiwan Grapples with Political Storm as Potential Chinese National Awaits Legislative Seat: TAIPEI – A unique political development is sending ripples of concern through Taiwan’s political establishment and pub ...; Eugenio Rodolfo Sanabria Reporter 2025.08.13

Thai Tourism Reels from Border Conflict with Cambodia: BANGKOK — Thailand's vital tourism sector, a cornerstone of the national economy, is facing a severe downturn as a result of ...; Pedro Espinola Special Correspondent 2025.08.13

Indonesia Expands Military Amid Regional Tensions and Domestic Concerns: Jakarta – In a move marking the most significant military expansion in decades, Indonesia's government under President Prabo ...; Greace Nunez Correspondent 2025.08.13

RSF Rebel Attack on Darfur Refugee Camp Kills Dozens Amid Escalating Violence: JOHANNESBURG—A brutal attack by Sudan's paramilitary Rapid Support Forces (RSF) on a refugee camp in the country's western D ...; Graciela Maria Reporter 2025.08.13

North Korean Laborers in Russia Endure 'Slave-like' Conditions, Exploitation: SEOUL — An exclusive investigation by the BBC has shed light on the dire conditions of North Korean laborers in Russia, reve ...; Graciela Maria Reporter 2025.08.13

South Africa Submits Revised Trade Proposal to U.S. in Bid to Lower 30% Tariff: PRETORIA, South Africa — The South African government, reeling from a 30% tariff imposed by the United States amid escalatin ...; Eugenio Rodolfo Sanabria Reporter 2025.08.13

Iran Open to Direct Nuclear Talks with U.S. under "Suitable Conditions": TEHRAN — Iran's First Vice President Mohammad Reza Aref stated on Tuesday that direct nuclear negotiations with the United S ...; Eugenio Rodolfo Sanabria Reporter 2025.08.13

Europe Grapples with Deadly Wildfires and Unrelenting Heatwave: PARIS—A wave of destructive wildfires and a punishing heatwave have swept across Southern Europe, claiming lives and stretch ...; Ana Fernanda Reporter 2025.08.13

Meta's Threads Surpasses 400 Million Monthly Users, Closing Gap with X: SAN FRANCISCO - Meta's text-based social media platform, Threads, has surpassed 400 million monthly active users (MAU) just over t ...; Eunsil Ju Reporter 2025.08.13