Czech Republic Financial News

The Czech capital has moved to ban organized pub crawls

Jeffrey Gogo is a journalist with 20 years of experience in business, finance, cryptocurrency, and climate change news and analysis.

CC1'an individual named in connection with the alleged assassination plot of US-based Khalistani separatist Gurpatwant Singh Pannun is no longer an employee of the Indian government. On Thursday, the US State Department described a meeting with the Indian Inquiry Committee as «productive,» highlighting India's cooperation in the ongoing investigation. US State Department Spokesperson Matthew Miller expressed satisfaction with the collaboration. Miller stated, «It was a productive meeting. They did inform us that the individual who was named in the Justice Department indictment is no longer an employee of the Indian government. We are satisfied with the cooperation. It continues to be an ongoing process. We continue to work with them on that, but we do appreciate the cooperation and we appreciate them updating us on their investigation as we update them on ours.»

US State Department has announced that an Indian investigation team would travel to Washington DC on October 15 to investigate a plot to kill a US citizen in New York. An Indian enquiry committee is set to visit the United States on Tuesday to investigate the involvement of an Indian government official in a foiled plot to assassinate a US national, the US Department of State said. According to the State Department statement, an Indian enquiry committee «is actively investigating the individual» and that India had informed the US it was looking in to «other linkages of the former government employee.»

Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association's annual conference in Miami on Monday. Elevated demand for gold from central banks underpinned the price of the non-yielding gold when the global interest rates were high in 2022-2023 and then slowed down with this year's 28% spot gold price rally. China's central bank held back on buying gold for a fifth straight month in September.

STONAVA, Czech Republic — Deep underground in northeastern Czech Republic, workers in the region's last-functioning coal mine drill, load and haul the fuel up to the surface.

The prime ministers of Czech Republic and Poland say the European Union has to do more to tackle unauthorized migration

The Czech Republic’s central bank has cut its key interest rate for the seventh time in a row as inflation remains low and amid the economy’s slow recovery

Subscribe to enjoy similar stories. When historians in future centuries compile the complete annals of humankind, their output will be divided into two tomes. The first will cover the hundreds of thousands of years during which humans have been earth’s highest form of intelligence.

Germany has begun random checks at its borders with five Western European nations, expanding a system of controls already in place at its four other borders

Poland, a rescue worker was killed in Austria and thousands were evacuated in the Czech Republic after heavy rain continued to batter central Europe on Sunday, causing flooding in several parts of the region. A low-pressure system named Boris has triggered days of downpours and rivers have burst their banks from Poland to Romania, where the death toll rose to five on Sunday. More rain and strong winds are forecast until at least Monday. Some parts of the Czech Republic and Poland faced the worst flooding in almost three decades, as towns evacuated thousands of residents. A quarter of a million Czech homes were without power.

Sabalenka reached a second successive US Open final on Thursday when she defeated a battling Emma Navarro as well as a partisan crowd to move one win away from her third Grand Slam title. Double Australian Open champion Sabalenka triumphed over the 13th-seeded American 6-3, 7-6 (7/2) and will face either Jessica Pegula of the United States or the Czech Republic's Karolina Muchova in Saturday's final. Navarro, playing in her first semi-final at the majors, went down fighting, however, when she clawed her way back from 3-5 down in the second set to take her chances in a tiebreak.

Indian tennis star Rohan Bopanna and his Indonesian partner Aldila Sutjiadi entered the semifinals of the US Open mixed doubles with a hard-fought win over Australian Matthew Ebden and Barbora Krejcikova of the Czech Republic here. The eighth seeded Indian-Indonesian pair registered a 7-6(4) 2-6 10-7 win over fourth seeds Ebden and Krejcikova in the quarterfinal that lasted one hour and 33 minutes on Monday night. Bopanna and Sutjiadi had earlier defeated Australian duo of John Pears and Katerina Siniakova of the Czech Republic 0-6 7-6(5) 10-7 in a second-round match. Bopanna and Sutjiadi will play American pair of Donald Young and Taylor Townsend in the semifinals.

Neeraj Chopra will be back in action on August 22 for the Lausanne Diamond League. "… I have finally decided to participate in the Lausanne Diamond League, which begins August 22," said Neeraj Chopra. During the Paris Olympics, Chopra had expressed his desire to play in the Diamond League Final to be held in Brussels, Belgium, on September 14. For that to happen, he will have to play at least one DL Meeting — either in Lausanne on August 22 or in Zurich on September 5.

Roznov pod Radhostem was best known for its rum-drizzled sweet pies and an open-air museum showing off historical wooden houses. Then came an announcement that stirred the sleepy backwater. US chipmaker ON Semiconductor Corp. picked Roznov for a new $2 billion manufacturing hub in June. The past few weeks have seen a flurry of visits by property developers, the head of a local university and government officials followed around by television crews. The interest isn’t surprising given the investment will be the biggest by a foreign company in the Czech Republic for three decades. But it also reflects how there’s more riding on the plan to make a new generation of microchips than the prospects of a corner of central Europe.

The dominant Czech power company CEZ says its net profit in the first half of the year totaled 21.1 billion Czech crowns ($912 million), down 5% from the same period the previous year

qualification round made quite a statement but a tough challenge awaits defending champion Neeraj Chopra as he seeks another piece of history in the Paris Olympics men's javelin throw final round here on Thursday. Just like he did at the same stage in the Tokyo Olympics three years back, Chopra needed just a few seconds to top the qualification round with his opening throw but the similarity ends there. This time, the quality of the field is better than Tokyo with nine throwers crossing the automatic final round qualification mark of 84m in Paris as against six in Tokyo. Out of the nine, five made it to the final round with their first throws and thus will have a lot in their tanks for the medal round. The 26-year-old Chopra knows it too well, having been in the global circuit for more than eight years.

gold medals at the Olympics with your ex? Czech tennis players Kateřina Siniaková and Tomáš Macháč prefer not to make the answer public! The former flames turned out to be one of the most compelling love stories of the Paris Olympics 2024. The duo was spotted sharing a warm hug and a kiss after they bagged top honours at the mixed doubles on Friday night. According to the French tabloidLe Parisian, the pair, who had been in a relationship since 2020, announced their separation in July, before the Olympics started.

interest rates this week as a long-awaited, but potentially short-lived, divergence in monetary policies deepens. The Bank of Japan kicked off the action on Wednesday by unexpectedly hiking before the Federal Reserve decided to stay on hold while signaling a potential cut in September. On Thursday, the Bank of England lowered borrowing costs for the first time since the start of the pandemic. Data out Friday showed US hiring slowed markedly in July and the unemployment rate rose to an almost three-year high, raising recession concerns and putting the Fed solidly on a path to cutting interest rates in September. It also spurred a deep selloff in the stock market.

government employee in the failed attempt to assassinate an American citizen on US soil last summer, an official said. «We continue to expect accountability from the government of India in relation to the alleged role of an Indian government employee in the failed attempt to assassinate a US citizen on US soil that occurred last summer,» State Department Deputy Spokesperson Vedant Patel told reporters at his daily news conference. «We continue to raise our concerns directly with the Indian government at senior levels,» he said. Patel, however, declined to comment on a news report alleging that Canadian authorities claim to have arrested five Indian nationals planning to target a Sikh separatist at a wedding ceremony.

The Czech Republic’s central bank has cut its key interest rate for the sixth time in a row as inflation falls and the economy recovers more slowly than expected