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Czech News

  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • US LNG exports make European market more competitive

    ALBANIA, 2017/08/27 The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend. “Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
  • Investors spooked by Property Regulations in Africa

    CZECH, 2017/08/20 The African real estate market needs stronger regulations and a additional reliable policy of law in order to attract investment in the continent — Africa Property News.com has learned. Various large Listed South African funds feel African real estate is a long term game hindered by weak laws. They need recourse if something goes wrong.
  • China, Czech Republic pledge to jointly enrich strategic partnership

    CHINA, 2017/07/20 China and the Czech Republic are willing to join hands to constantly enrich the strategic partnership between the two nations, senior official of the Communist Party of China (CPC) Liu Yunshan said here on Tuesday. Liu, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks while conference with Czech President Milos Zeman during an official goodwill visit to the Czech Republic from July 16 to 19.
  • Czech government to resign in row over finance minister's business dealings

    CZECH, 2017/05/03
  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
  • Chinese President Xi Jinping (L, front) and his Czech counterpart Milos Zeman (R, front)

    CHINA, 2016/04/12 China and the Czech Republic, by upgrading their relations during a historic visit by Chinese President Xi Jinping, has set an example for nations in the broader region to work with China to advance the Belt and Road Initiative. Xi visited the Czech Republic from March 28 to March 30 in search of a partner to advance the Belt and Road Initiative and a pivot point to boost cooperation with Central and Eastern Europe (CEE) and Europe as a whole.
  • Czech Republic Industrial production picks up in November

    CZECH, 2016/01/16 ndustrial production in November increased 5.7% year-on-year, which represented an acceleration compared to the 3.8% expansion registered in October. November’s result mainly reflects healthy expansions in the production of motor vehicles, trailers and semi-trailers.
  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02
  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.