Czech Republic

Plants absorbing less carbon dioxide in 2023, accelerating global warming

Ben Aris in Berlin July 25, 2024

Plants and trees' ability to absorb carbon dioxide fell dramatically in 2023, due to increased heat stress in vegetation, a new study revealed.

Slovakia threatens Ukraine with retaliation over halted Russian oil imports

Albin Sybera in Prague July 25, 2024

Ukraine’s tightened sanctions against Russian oil giant Lukoil have led to a decreased flow of Russian oil into Hungary and Slovakia.

How energy intensive are data centers?

Florian Zandt for Statista July 24, 2024

While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.

Earth records hottest year since records began

bne IntelliNews July 24, 2024

Sunday, July 21 was the hottest day ever recorded globally in 100,000 years according to the EU climate monitoring service Copernicus, warning that the Climate Crisis is accelerating.

Six out of nine “planetary boundaries” have been crossed and a tenth has appeared

Ben Aris in Berlin July 24, 2024

Six out of the nine “planetary boundaries” that track how close humanity is coming to the environmental disaster have been crossed. And now there might be a tenth boundary: the amount of oxygen in oceans is starting to fall.

The eurozone's recovery is losing momentum, according to poll

bne IntelliNews July 21, 2024

The latest economic data indicates that the eurozone's recovery is losing momentum, with industrial production continuing to drag on growth and sentiment indicators suggesting a weakening in the strong momentum seen earlier this year.

European Commission President Ursula von der Leyen vows to build a Defensive Europe following her re-election

bne IntelliNews July 18, 2024

The European Parliament has re-elected Ursula von der Leyen to a second term as President of the European Commission on July 18, who vowed to build a “Defensive Union” to counter Russia’s aggression.

COLLINGWOOD: Atlanticists vs. Autonomists - The battle for the strategic future of the European Union

Andrew Collingwood in Tyneside July 17, 2024

In Europe’s capital cities and among its elites a great but undeclared battle is being fought for the future of the European Union. One side is heavily outgunned. The other side is dominant. But the race is on.

Iconic Czech daily Lidove noviny to end print version

Albin Sybera in Prague July 17, 2024

Oldest Czech daily still in print to shift fully online less than a year after sale of its publisher to Kaprain group.

Investment into green energy to top $2 trillion in 2024 for first time – IEA

bne IntelliNews July 16, 2024

The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.

Europe headed for mini-ice age as AMOC tipping point approaches – paper

bne IntelliNews July 16, 2024

A recent study finds that the AMOC (Atlantic Meridional Overturning Circulation) is on course to stop flowing, at the latest, within the next 75 years, causing a mini-ice age in Europe and could disrupt the entire planet's weather patterns.

Immigration to slow population decline in Central Europe’s most prosperous nations

Clare Nuttall in Glasgow July 15, 2024

Czechia, Hungary and Slovakia are all expected to receive a few thousand new inhabitants each year for the rest of the century, according to the UN's latest population projections.

Slovak PM’s Smer party isolated in European Parliament after split from S&D group

Albin Sybera in Bratisava July 15, 2024

Robert Fico axed state military aid for Ukraine and openly cosied up to Hungarian radical right-wing strongman Viktor Orban.

Czech inflation eases to 2% in June

Albin Siberia July 11, 2024

In month-on-month terms, CPI fell by 0.3% amid drops in prices of transport and food and non-alcoholic beverages.

Czech unemployment stays at 3.6% in June

Albin Sybera July 10, 2024

There were 272,684 persons registered with the country’s Labour Office, which was 1,638 less than in May.

Hungary to face international blowback after Orban's controversial "peace missions"

Tamas Csonka in Budapest July 9, 2024

Concerns have been raised about Orban's ambiguous statements and the use of the EU presidency logo during his trips to Kyiv, Moscow and Beijing, suggesting he represented the EU rather than just Hungary.

Germany may pipe in 100 TWh of green hydrogen by 2035, says study

bne IntelliNews July 9, 2024

Germany could import up to 100 TWh of green hydrogen from its neighbours by pipeline from neighbouring countries by the mid-2030s, according to a study by the Berlin-based Agora Energiewende and Agora Industry think-tanks.

Czech industrial production fell by 3.2% y/y in May

Albin Sybera July 9, 2024

Industrial production in deepest decline since last September.

ING: What is the impact of immigration on eurozone inflation?

bne IntelliNews July 8, 2024

Immigration can affect inflation and, in turn, monetary policy in two opposing ways. And the jury’s still out as to its overall impact on the eurozone.

VISEGRAD BLOG: Can Europe stand firm in its support for Ukraine as it struggles to contain Russian aggression?

Robert Anderson in Prague July 3, 2024

With the Netherlands, Belgium, France, Bulgaria and probably Austria this autumn lurching to the right, isn’t it only a matter of time before the balance in Europe shifts in favour of pressuring Kyiv to accept “peace” on the Kremlin's terms?

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