Global Economic Times

2026.07.23 (Thu)
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U.S. Military Falling Behind in Drone Technology Competition and Its Background: Bureaucratic procedures and complex procurement processes are delaying the U.S. military's drone development and adoption, contras ...; Pedro Espinola Special Correspondent 2025.07.25

Special Prosecutor Raids Former PM Han Duck-soo's Home, Launches Full-Scale Investigation into 'Martial Law Conspiracy' Allegations: The special prosecution team led by Cho Eun-seok today launched a surprise raid on the home of former Prime Minister Han Duck-soo ...; KO YONG-CHUL Reporter 2025.07.24

President Lee Jae-myung Strongly Warns Against "Severe Human Rights Violations" After 'Sri Lankan Worker Tied in Vinyl' Video: On July 24, 2025, President Lee Jae-myung expressed outrage upon seeing a shocking video. The video, which has sparked public ange ...; KO YONG-CHUL Reporter 2025.07.24

'Anvil Clouds' Blanket Japanese Skies, Sparking Emergency: A Harbinger of Abnormal Weather?: Recently, massive 'anvil clouds' have been repeatedly observed in the skies above the Japanese archipelago, escalating anxiety amo ...; Hwang Sujin Reporter 2025.07.24

Controversy Brews Over Possible Invitation of Kim Jong Un to Gyeongju APEC; Government Cites "Chair's Discretion": News that an invitation for North Korean State Affairs Commission Chairman Kim Jong Un to the Asia-Pacific Economic Cooperation (A ...; KO YONG-CHUL Reporter 2025.07.24

South Korea to Pursue Tariff Reductions Following Japan's Precedent with Large-Scale Investment in the US... Anticipating Turbulences in Trade Environment: The South Korean government is reportedly considering creating a fund for investment in the United States as a way to lower the 25 ...; Global Economic Times Reporter 2025.07.24

SK Hynix Achieves Record-Breaking Performance Driven by HBM, Surpassing Samsung Electronics Twofold in 'Earning Surprise': ICHEN, SOUTH KOREA – SK Hynix, a leader in the High Bandwidth Memory (HBM) market, has made significant waves in the semicon ...; Hwang Sujin Reporter 2025.07.24

Foreigners Bet 6.3 Trillion Won on KOSPI… Nomura Also Shouts "4000": Foreign investors' relentless net buying spree on KOSPI is driving the index to new year highs. Foreign investment banks are raisi ...; Desk 2025.07.24

U.S.-Korea 2+2 Trade Talks Abruptly Canceled Just Before Departure: Tariffs Negotiation in Jeopardy: Washington D.C. Visit by Deputy Prime Minister Koo Yun-cheol Canceled at Incheon Airport; Treasury Secretary's Urgent Schedule Cau ...; Hwang Sujin Reporter 2025.07.24

One Month Ceasefire with Israel, Iran's Uneasy Peace: A month has passed since the ceasefire ended 12 days of war with Israel, but anxieties are escalating in Iran over the imminent pr ...; Eugenio Rodolfo Sanabria Reporter 2025.07.24

Air India Plane Crash: Allegations of Misidentified Remains and India's Response: On Wednesday, July 23, 2025 (local time), the Indian government acknowledged claims by British bereaved families that the remains ...; Ana Fernanda Reporter 2025.07.24

Israel Accuses NGOs of Serving Hamas Propaganda Amidst Gaza Hunger Warnings: Israel has strongly condemned a joint statement by over 100 international non-governmental organizations (NGOs) warning of a sever ...; Desk 2025.07.24

Russia-Ukraine Peace Talks Resume in Istanbul Under US Ultimatum: Following an ultimatum from US President Donald Trump, Russia and Ukraine sat down for their third round of negotiations in Istanb ...; KO YONG-CHUL Reporter 2025.07.24

Smartphone Use Before Age 13 Poses Fatal Risk to Adult Mental Health: A shocking study has revealed that owning a smartphone before the age of 13 can threaten adult mental health. Analyzing data from ...; Eugenio Rodolfo Sanabria Reporter 2025.07.23

Trump's Re-election: 6 Months In, Public Support for Hardline Immigration Policies Declines: Six months into his second term, public opinion polls indicate that support among Americans for President Donald Trump's hardline ...; Desk 2025.07.23

Congresswoman Dalia Estigarribia Advocates for Chemical Castration of Child Sex Offenders: A proposal has been put forth to introduce chemical castration to lower the recidivism rate of child sex offenders. On July 22, 20 ...; Ana Fernanda Reporter 2025.07.23

Trump Administration Announces Re-withdrawal from UNESCO, Strengthening 'America First' Stance: WASHINGTON D.C. The Donald Trump U.S. administration officially announced its re-withdrawal from the United Nations Educational, S ...; KO YONG-CHUL Reporter 2025.07.23

US and Philippines Conclude Significant Agreements on Trade and Military Cooperation: Washington, D.C. – U.S. President Donald Trump and Philippine President Ferdinand Marcos Jr. held a summit at the White Hous ...; KO YONG-CHUL Reporter 2025.07.23

US and Japan Abruptly Agree to 15% Reciprocal Tariffs; Economic and Political Repercussions Expected: After intense negotiations, the United States and Japan have abruptly reached an agreement to lower their reciprocal tariff rates ...; KO YONG-CHUL Reporter 2025.07.23

4.5 Million Movie Ticket Discount Coupons (₩6,000 Each) to be Distributed to Boost Moviegoing: The Ministry of Culture, Sports and Tourism and the Korean Film Council will distribute a total of 4.5 million movie ticket discou ...; Hwang Sujin Reporter 2025.07.23