Global Economy Archives

Strait of Hormuz Escort Operations Paused After Commercial Ship Hit in Suspected Attack Near Oman

26 June 202626 June 2026thevoiceofpalestine.comLeave a Comment

Global concerns over maritime security have resurfaced after the United Nations’ International Maritime Organization (IMO) temporarily suspended its escort operations through the Strait of Hormuz following an attack on a commercial vessel near Oman. Taiwan-based shipping company Evergreen Marine confirmed that its Singapore-flagged vessel, Ever Lovely, was struck by an “unknown object” while sailing through […]

Oman Opens Emergency Shipping Routes Through Strait of Hormuz as Existing Lanes Deemed Unsafe

24 June 202624 June 2026thevoiceofpalestine.comLeave a Comment

Oman has announced the launch of emergency maritime routes through the Strait of Hormuz, declaring the existing shipping lanes unsafe due to growing security concerns in the region. The Sultanate confirmed that the strategic waterway will remain open to international shipping and that no transit fees or tolls will be imposed on vessels using the […]

Hormuz Strait Reopening Plan Faces Questions as Iran Signals Possible Maritime Service Charges

16 June 202616 June 2026thevoiceofpalestine.comLeave a Comment

A newly signed preliminary agreement between the United States and Iran has raised fresh questions about the future of maritime traffic through the Strait of Hormuz, one of the world’s most strategically important shipping routes. On Sunday, US President Donald Trump, Vice President JD Vance, and Iranian Parliament Speaker Mohammad Bagher Ghalibaf electronically signed a […]

Beijing pushes back after US adds Alibaba, Baidu and other Chinese tech firms to blacklist

9 June 20269 June 2026thevoiceofpalestine.comLeave a Comment

China has strongly criticised the United States after Washington expanded its list of companies allegedly linked to China’s military, adding major tech players such as Alibaba and Baidu. The move has further strained already fragile relations between the world’s two largest economies. According to the US Department of Defense, the updated list includes around 80 […]

Trump Announces Tariff Cut to 47% After ‘Productive’ Meeting With Xi Jinping

30 October 202530 October 2025thevoiceofpalestine.comLeave a Comment

In a development that could reshape the global trade landscape, US President Donald Trump confirmed he will reduce tariffs on Chinese goods to 47%, down from the previous 57% rate. The move comes after what he described as an “amazing” face-to-face meeting with Chinese President Xi Jinping in Busan, South Korea — their first direct […]

Trump Heads to South Korea as High-Stakes Meeting with China’s Xi Jinping Looms

29 October 202529 October 2025thevoiceofpalestine.comLeave a Comment

As the world’s attention sharpens on East Asia, U.S. President Donald Trump is set to land in South Korea this Wednesday for a critical two-day visit — one that could shape the future of global trade and diplomacy. His most anticipated moment? A long-awaited meeting with Chinese President Xi Jinping — their first in six […]

Trump Announces Upcoming Visits to Malaysia, Japan, and South Korea Ahead of Possible Talks with China’s Xi Jinping

21 October 202521 October 2025thevoiceofpalestine.comLeave a Comment

United States President Donald Trump confirmed Monday that he will soon embark on a diplomatic tour of Malaysia, Japan, and South Korea, reaffirming his intent to maintain strong relations in the Asia-Pacific region while keeping the door open for discussions with Chinese President Xi Jinping, according to Kyodo News. Speaking at the White House alongside […]

China and India Reconnect Skies After Years of Pause — A New Chapter in Regional Connectivity

18 October 202518 October 2025thevoiceofpalestine.comLeave a Comment

After nearly five years of suspended air connectivity, China and India are finally reopening the skies between them. This long-awaited move symbolizes more than just the resumption of flights—it marks the rekindling of diplomatic, economic, and cultural exchanges between two of Asia’s largest economies. China Eastern Airlines has confirmed it will resume commercial flights between […]

China’s US Exports Plunge as Global Shipments Reach a Six-Month High

13 October 202513 October 2025thevoiceofpalestine.comLeave a Comment

China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]

South Korean President Expresses Concern Over US Tariff Talks Impact on Foreign Exchange Stability

23 September 202523 September 2025thevoiceofpalestine.comLeave a Comment

SEOUL – South Korean President Lee Jae Myung has raised concerns that ongoing tariff negotiations with the United States are unsettling the country’s foreign exchange market. Speaking during a meeting with members of the US Congress in New York on Monday, President Lee acknowledged that talks surrounding import duties have triggered unease among financial stakeholders […]

Tag: Global Economy