Czech Republic
IMF corrects growth forecast upwards – Statista
Despite uncertain market conditions amid the Trump administration's tariff regime and major global conflicts, the International Monetary Fund has upped its global economic growth forecasts for 2025 and 2026 slightly, Statista reported on July 30.
Polish Prime Minister Donald Tusk said there are signs Russo-Ukraine war could stop soon as fatigue builds
Polish Prime Minister Donald Tusk said on July 30 that there are “many signs” that suggest the war in Ukraine may soon be at least temporarily halted but warned that even a ceasefire would not change Poland’s policy of building up its army.
ING: Household spending and investment drive the Czech economy
Continued gains in household spending and a rebound in investment in 2Q provide a solid base for an economic recovery. GDP growth came in below expectations and was dragged down by a negative net export contribution.
Czech central banker sees limited scope for more rate cuts
The Czech National Bank (CNB) governor Jakub Seidler says he sees “limited scope” for more rate cuts due to persistent services inflaton, Reuters reported on July 30.
Trump Administration's trade deals so far - Statista
On July 27, the United States and the European Union agreed on a trade deal that is lowering tariffs of 30% on European goods threatened by August to 15%, including on cars.
COMMENT: Trump’s energy deal with the EU is delusional – Reuters
The energy deal that US President Donald Trump cut with European Commission President Ursula von der Leyen over the weekend is unrealistic, argues Clyde Russell, Reuters Asia Commodities and Energy Columnist.
IPCC releases dire sixth climate update in run-up to COP30
“Any further delay in global action to slow climate change and adapt to its impacts will miss a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all”.
Czech police press charges against leader of far-right opposition SPD party
Police pressed charges against Tomio Okamura following the investigation into SPD’s last year’s anti-immigration campaign.
ICJ declares healthy environment is a human right in landmark climate ruling
The International Court of Justice (ICJ) has issued a historic advisory opinion recognising a clean and sustainable environment as a human right, declaring that states which fail to curb emissions may be in violation of international law.
Earth overshoot day is already long past – Statista
July 24 marks this year's Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year, Statista reports. That day has already long passed.
World has less than three years to avert worst climate impacts, scientists warn
A new global climate report warns that the world is on the brink of irreversible damage. The findings come amid sluggish international action ahead of COP30.
Fitch upgrades Trump’s effective tariff rate to 19.4%
President Donald Trump’s evolving trade policy is set to sharply increase the United States’ effective tariff rate (ETR), with Fitch Ratings warning of substantial rises as new duties take effect on August 1.
Czech energy utility ČEZ and UK’s Rolls-Royce sign agreement to build first SMR
The majority state-owned energy utility ČEZ and the United Kingdom’s Rolls-Royce SMR have signed an agreement to begin preparatory works to build the first small modular nuclear reactor in Czechia.
Geopolitics is weighing on FDI, capital chasing certainty over scale – study
The world is living through turbulent times, but investors are still chasing returns which has affected the flows of international foreign direct investment.
Fico claims Slovakia has obtained energy guarantees from EU and will unblock latest sanctions package against Russia
Slovakia’s populist Prime Minister Robert Fico said it would be "counterproductive" to continue blocking the EU’s 18th sanctions package against Russia.
IMF: The debate over falling fertility
A decline in global population later this century may threaten human progress, or it may lead to better lives.
Czechia signs nuclear memorandum with Great Britain
Czechia has signed a nuclear memorandum with the United Kingdom aimed at cooperation in nuclear energy, including the development of small modular reactors.
EXPLAINER: Ukraine's EU accession path
The war is not an obstacle to Ukraine's membership of the EU, and most of the EU members states have thrown their support behind getting Ukraine into the club as fast as possible.
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Russian aid agency seeking to fill USAID gaps in former Soviet Union
Imperial attitudes undermine ambitions for expanded influence.
Migration pushes EU population to record high, but CEE countries continue to shrink
Immigration outweighed the natural population decline in 2024 in just three of the newer EU member states – Croatia, Czechia and Slovenia.