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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Ukraine Sends First Food Aid Shipment to Syria: Kyiv, Ukraine - Ukraine, a major global producer and exporter of grain and oilseeds, has dispatched its inaugural batch of food ai ...; Graciela Maria Reporter 2024.12.27

Estonia Calls for Increased NATO Presence After Suspected Sabotage of Power Cable: TALLINN — The Estonian government held an emergency meeting on Thursday following the damage to the Estlink-2 power cable co ...; Pedro Espinola Special Correspondent 2024.12.27

Five Staff Members Killed in Israeli Attack on Gaza Hospital: GAZA CITY, Palestine - Five staff members of Kamal Adwan Hospital in the northern Gaza Strip were killed on Thursday due to Israel ...; Pedro Espinola Special Correspondent 2024.12.27

Sunat Postpones SIRE Implementation for Major Taxpayers: Lima, Peru – The Peruvian Tax Administration (SUNAT) has announced a postponement of the mandatory implementation of the Int ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Peru's Economy on the Upswing: Poverty Rates Set to Decline: Lima, Peru – Peru's Ministry of Economy and Finance (MEF) has projected a significant decrease in poverty rates this year, d ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Finnish Authorities Investigate Russian 'Shadow Fleet' Vessel After Undersea Cable Damage: Helsinki, Finland – Finnish police have launched an investigation into suspected sabotage after a Russian-linked tanker was ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

One Migrant Dead, Four Critically Injured Among 273 Arriving in Canary Islands: Canary Islands, Spain – A tragic incident unfolded overnight as a group of 273 migrants made the perilous journey to the Can ...; Ana Fernanda Reporter 2024.12.27

Japan Airlines Restores Systems After Cyberattack: Tokyo, Japan – Japan Airlines (JAL) announced on Thursday that its network systems have been restored following a cyberattac ...; Ana Fernanda Reporter 2024.12.27

MOP to Upgrade Roads in Eastern El Salvador: San Salvador, El Salvador – The Ministry of Public Works (MOP) has announced plans to upgrade several key roads in eastern E ...; Graciela Maria Reporter 2024.12.27

El Salvador Marks Historic 31-Day Streak Without Homicides: San Salvador, El Salvador – In a remarkable turn of events, El Salvador has achieved an unprecedented 31 consecutive days wi ...; Graciela Maria Reporter 2024.12.27

Preliminary Investigation Points to Russian Missile as Cause of Azerbaijan Passenger Plane Crash: Almaty, Kazakhstan – A preliminary investigation into the crash of an Azerbaijan Airlines passenger jet in Kazakhstan has co ...; Ana Fernanda Reporter 2024.12.27

Egypt Confirms Commitment to Debt Repayment, Announces New Export Arrears Settlement Mechanism: Cairo, Egypt - Egyptian Prime Minister Mostafa Madbouly has reiterated the government's commitment to fulfilling its financial obl ...; Pedro Espinola Special Correspondent 2024.12.26

Dementia Patient Rescued in Malibu Thanks to Infrared Drone: Malibu, CA - A 78-year-old Malibu resident with dementia was successfully located and rescued after going missing in chilly Decemb ...; Sharon Yoon Correspondent 2024.12.26

Nyeri Businesses Face Mixed Fortunes as Kenyans Head Home for Holidays: Nyeri, Kenya - As Kenyans prepare for the festive season, a mixed bag of emotions is evident among business owners in Nyeri County ...; Ana Fernanda Reporter 2024.12.26

Luz Saúde Expands to Algarve, Acquires Hospital and Clinics: Lisbon, Portugal - Private healthcare provider Luz Saúde is expanding its reach in Portugal with the acquisition of a hospi ...; Eugenio Rodolfo Sanabria Reporter 2024.12.26

Philippines Exits FATF Grey List, but Challenges Remain: MANILA - The Philippines has successfully exited the Financial Action Task Force's (FATF) "grey list" after demonstrating signific ...; Graciela Maria Reporter 2024.12.26

DTI: 10 Vape Companies Register Amidst Upcoming Regulations: MANILA – The Department of Trade and Industry (DTI) announced that approximately 10 companies involved in the manufacture, d ...; Global Economic Times Reporter 2024.12.26

Montevideo Shopping Promotes Local Art with "Acercando al Arte" Initiative: Montevideo, Uruguay – For over three decades, Montevideo Shopping has been a steadfast supporter of the local arts scene thr ...; Graciela Maria Reporter 2024.12.26

Panama's Trade Flourishes as 2024 Draws to a Close, Reflecting Global Interdependence: Panama City, Panama – As 2024 nears its end, Panama's trade outlook for 2025 reveals a robust and interconnected economy. Th ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Japan's GDP Per Capita Falls to Lowest Rank Since 1980: Tokyo - Japan's gross domestic product (GDP) per capita slipped to 22nd among 38 OECD member countries in 2023, according to the C ...; HONG MOON HWA Senior Reporter 2024.12.25