Tag #Czech Republic

Showing 61 to 72 of 77 results

faz.net

🌐 75% Global Worthiness

Feb 12, 13:16

Czech National Bank Rejects Bitcoin as Reserve Asset

The Czech National Bank will not invest in Bitcoin as a reserve asset, despite Governor Aleš Michl's January proposal; a broader review of other asset classes is underway, expected to conclude by September. The decision follows criticism of Bitcoin's volatility and use in illicit activities.

Czech National Bank Rejects Bitcoin as Reserve Asset

The Czech National Bank will not invest in Bitcoin as a reserve asset, despite Governor Aleš Michl's January proposal; a broader review of other asset classes is underway, expected to conclude by September. The decision follows criticism of Bitcoin's volatility and use in illicit activities.

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Responsible Consumption and Production

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What is the Czech National Bank's current stance on Bitcoin as a reserve asset, and what factors influenced this decision?

The Czech National Bank (CNB) will not invest in Bitcoin as a reserve asset, despite Governor Aleš Michl's January proposal. Deputy Governor Eva Zamrazilová stated Bitcoin is not ideal, although the CNB will analyze cryptocurrencies as part of a broader review of asset classes for its foreign reserves, expected to conclude in August or September. This review will also consider corporate bonds, real estate funds, and other funds.

mk.ru

🌐 75% Global Worthiness

Feb 3, 16:11

Malfunctioning Czech Rifles Found on Ukrainian Battlefield

Expert Yevgeny Balabas suggests that malfunctioning Czech-made rifles, potentially VZ-58 and CZ-805 models, have been found on the Ukrainian battlefield, raising concerns about weapon reliability and supply chain logistics.

Malfunctioning Czech Rifles Found on Ukrainian Battlefield

Expert Yevgeny Balabas suggests that malfunctioning Czech-made rifles, potentially VZ-58 and CZ-805 models, have been found on the Ukrainian battlefield, raising concerns about weapon reliability and supply chain logistics.

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Peace, Justice, and Strong Institutions

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What are the potential causes of these malfunctions, considering the rifles' design, storage, and transportation?

Balabas notes that the VZ-58, a 7.62x39mm rifle, is abundant in Czech storage and might have been supplied due to its surplus. The CZ-805, a 5.56x45mm NATO rifle with a 7.62x39mm variant, is known for potential issues with NATO weaponry, such as sensitivity to dirt causing feeding and ejection problems. The expert considers transport damage unlikely, suggesting issues might stem from poor storage conditions.

en.yna.co.kr

🌐 85% Global Worthiness

Jan 17, 04:09

KHNP, Westinghouse Settle Dispute, Paving Way for Global Nuclear Energy Partnership

South Korea's KHNP and U.S.-based Westinghouse settled an intellectual property dispute on January 17, 2025, enabling a strategic partnership to pursue global nuclear energy projects, particularly KHNP's bid to build reactors in the Czech Republic, expected to be finalized in March 2025, and strengt...

KHNP, Westinghouse Settle Dispute, Paving Way for Global Nuclear Energy Partnership

South Korea's KHNP and U.S.-based Westinghouse settled an intellectual property dispute on January 17, 2025, enabling a strategic partnership to pursue global nuclear energy projects, particularly KHNP's bid to build reactors in the Czech Republic, expected to be finalized in March 2025, and strengt...

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Affordable and Clean Energy

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How does this agreement contribute to broader U.S.-South Korea relations and cooperation in the global nuclear energy sector?

The settlement resolves a significant legal hurdle for KHNP, allowing them to proceed confidently with their bid to construct two reactors at the Dukovany power plant in the Czech Republic. This partnership aligns with both countries' commitment to expanding nuclear energy's peaceful applications while upholding stringent non-proliferation standards. The agreement's specifics remain confidential, but likely includes royalty payments and future joint ventures for reactor exports.

theguardian.com

🌐 85% Global Worthiness

Dec 16, 19:13

Křetínský's Royal Mail Takeover Approved: Lockers and Service Changes Planned

Czech billionaire Daniel Křetínský's takeover of Royal Mail's owner has been approved, with plans to invest in delivery lockers and maintain the universal service obligation, despite proposed reductions in second-class letter deliveries and potential job losses. The acquisition follows years of chal...

Křetínský's Royal Mail Takeover Approved: Lockers and Service Changes Planned

Czech billionaire Daniel Křetínský's takeover of Royal Mail's owner has been approved, with plans to invest in delivery lockers and maintain the universal service obligation, despite proposed reductions in second-class letter deliveries and potential job losses. The acquisition follows years of chal...

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Decent Work and Economic Growth

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How does Křetínský's acquisition of Royal Mail reflect broader trends in the privatization and restructuring of national postal services?

Křetínský's diverse portfolio suggests a strategic approach to acquiring undervalued assets across sectors. His commitment to maintaining Royal Mail's universal service obligation, while potentially modernizing delivery methods like introducing more lockers, indicates a long-term investment strategy rather than a short-term profit-seeking endeavor. However, planned reductions in second-class mail delivery frequency raise concerns about service changes.

zeit.de

🌐 75% Global Worthiness

Dec 12, 07:09

"Söder's Plan for Czech Nuclear Power Faces Strong Opposition"

"Bavarian Minister President Markus Söder's plan to secure preferential access to Czech nuclear power for Bavaria faces strong opposition from energy expert Felix Matthes, who deems it unfeasible due to technical, market, and legal obstacles within the EU's energy market, while Söder hopes to improv...

"Söder's Plan for Czech Nuclear Power Faces Strong Opposition"

"Bavarian Minister President Markus Söder's plan to secure preferential access to Czech nuclear power for Bavaria faces strong opposition from energy expert Felix Matthes, who deems it unfeasible due to technical, market, and legal obstacles within the EU's energy market, while Söder hopes to improv...

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Affordable and Clean Energy

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"What are the immediate legal and market obstacles to Bavaria securing preferential access to Czech nuclear power, according to energy expert Felix Matthes?"

"Bavarian Minister President Markus Söder's proposal to secure preferential access to Czech nuclear power is deemed unfeasible by energy expert Felix Matthes. Matthes cites technical, market, and legal barriers, highlighting the EU's energy market mechanisms. The plan contradicts the existing market-based system where electricity prices and cross-border capacity are determined by exchanges, not political agreements.", "Söder's initiative aims to improve Bavaria's energy security and prevent industrial decline due to high energy costs and availability issues. He seeks a potential Bavarian participation in Czech nuclear power expansion to achieve more affordable and climate-friendly energy. This contrasts sharply with Matthes' assessment that such political intervention would be immediately prohibited by European institutions.", "Matthes emphasizes the existing EU energy market's efficiency and cost-effectiveness. He underscores the immediate legal obstacles and the long-term risks, such as the potential for radioactive contamination of Bavaria in case of a reactor accident. Söder's plan faces strong criticism from environmental groups and political opponents, raising significant concerns about safety and environmental impact."

sueddeutsche.de

🌐 75% Global Worthiness

Dec 11, 04:10

Brno: A Unique Christmas Capital

Brno, Czech Republic's second-largest city, is the 2024 European Christmas Capital, offering a unique blend of traditional markets, modern creativity (like a 400-year-old stuffed crocodile in a Christmas sweater), and the popular Turbomošt drink, attracting tourists with its blend of history and inn...

Brno: A Unique Christmas Capital

Brno, Czech Republic's second-largest city, is the 2024 European Christmas Capital, offering a unique blend of traditional markets, modern creativity (like a 400-year-old stuffed crocodile in a Christmas sweater), and the popular Turbomošt drink, attracting tourists with its blend of history and inn...

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Sustainable Cities and Communities

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What makes Brno's Christmas market unique compared to others across Europe?

Brno, the 2024 European Christmas Capital, boasts a unique festive atmosphere centered around the Krautmarkt, featuring a 400-year-old stuffed crocodile wearing a recycled-materials sweater. The city's Christmas markets offer Turbomošt, an apple wine and brandy drink, surpassing Glühwein in popularity. This, combined with a stunning illuminated historical center and diverse events, creates a captivating experience.

theguardian.com

🌐 65% Global Worthiness

Feb 11, 22:14

Beavers Save Czech Taxpayers \$1.2 Million by Building Unexpected Wetland

Beavers unintentionally created a wetland on a former Czech army training site, saving taxpayers \$1.2 million by fulfilling a long-delayed dam project's goals and exceeding its size, highlighting the potential of nature-based solutions.

Beavers Save Czech Taxpayers \$1.2 Million by Building Unexpected Wetland

Beavers unintentionally created a wetland on a former Czech army training site, saving taxpayers \$1.2 million by fulfilling a long-delayed dam project's goals and exceeding its size, highlighting the potential of nature-based solutions.

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Life on Land

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How did beavers unexpectedly save Czech taxpayers \$1.2 million and achieve environmental goals on a former military site?

Beavers have unintentionally saved Czech taxpayers \$1.2 million by naturally creating a wetland on a former army training site, exceeding the size and scope of a planned, delayed dam project. This unexpected development avoided the need for costly construction and achieved the desired environmental improvements.

zeit.de

🌐 75% Global Worthiness

Jan 26, 16:10

Gut-Behrami Wins Super-G Amidst Serious Ski Racing Injuries in Garmisch-Partenkirchen

Lara Gut-Behrami from Switzerland won the women's Super-G race in Garmisch-Partenkirchen, Germany, on January 25th, 2024, following a weekend marked by several serious crashes and injuries among competitors, including a lower leg fracture for Nina Ortlieb and Tereza Nova remaining in a coma.

Gut-Behrami Wins Super-G Amidst Serious Ski Racing Injuries in Garmisch-Partenkirchen

Lara Gut-Behrami from Switzerland won the women's Super-G race in Garmisch-Partenkirchen, Germany, on January 25th, 2024, following a weekend marked by several serious crashes and injuries among competitors, including a lower leg fracture for Nina Ortlieb and Tereza Nova remaining in a coma.

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Good Health and Well-being

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What were the causes of the significant delays and the serious injuries that occurred during the race weekend, and how did they impact the overall atmosphere and results?

The race followed a weekend marred by serious crashes and injuries, including a lower leg fracture for Nina Ortlieb and a helicopter evacuation for Ariane Rädler. Tereza Nova remains in a coma after a severe head injury. Weidle-Winkelmann's eighth-place finish gives her confidence heading into the World Championships.

dailymail.co.uk

🌐 85% Global Worthiness

Dec 17, 01:10

Royal Mail Sold to Czech Billionaire: End of 500 Years of British Ownership

The UK government approved a £3.6 billion takeover of Royal Mail by Czech billionaire Daniel Kretinsky, ending 500 years of British ownership, despite concerns about price hikes and service quality; the deal includes government oversight via a 'golden share'.

Royal Mail Sold to Czech Billionaire: End of 500 Years of British Ownership

The UK government approved a £3.6 billion takeover of Royal Mail by Czech billionaire Daniel Kretinsky, ending 500 years of British ownership, despite concerns about price hikes and service quality; the deal includes government oversight via a 'golden share'.

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Decent Work and Economic Growth

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What are the immediate consequences of the UK government's approval of Royal Mail's sale to a Czech company?

The UK government approved a £3.6 billion takeover of Royal Mail by Czech billionaire Daniel Kretinsky, marking the first foreign ownership in 500 years. This decision follows a national security review and includes a 'golden share' for the government, granting veto power over key decisions. Concerns remain regarding potential price hikes and service quality declines, despite assurances from Kretinsky.

sueddeutsche.de

🌐 75% Global Worthiness

Dec 12, 19:12

Söder's Warsaw Trip: Strengthening Bavaria's Eastern European Ties

Bavarian Minister-President Markus Söder visited Warsaw and Prague to strengthen Bavaria's Eastern European strategy, focusing on Poland's role in NATO and boosting bilateral trade exceeding €25 billion; he announced a new Bavarian office in Wrocław and Polish translations for Bavarian Nazi memorial...

Söder's Warsaw Trip: Strengthening Bavaria's Eastern European Ties

Bavarian Minister-President Markus Söder visited Warsaw and Prague to strengthen Bavaria's Eastern European strategy, focusing on Poland's role in NATO and boosting bilateral trade exceeding €25 billion; he announced a new Bavarian office in Wrocław and Polish translations for Bavarian Nazi memorial...

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Peace, Justice, and Strong Institutions

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What is the primary significance of Söder's visit to Warsaw, considering both its symbolic and political dimensions?

"Bavarian Minister-President Markus Söder visited Warsaw, laying wreaths to commemorate the Warsaw Ghetto Uprising and WWII victims. He emphasized the importance of this historical responsibility and his personal commitment. This symbolic gesture, though unplanned, highlights Söder's approach to foreign policy."

welt.de

🌐 75% Global Worthiness

Dec 12, 07:09

Söder's Plan for Czech Nuclear Power Deemed Unfeasible

Bavarian Minister President Markus Söder's plan to secure privileged access to Czech nuclear power for Bavaria is deemed unfeasible by energy expert Felix Matthes due to technical, market, and legal constraints within the EU's electricity market, raising safety concerns and criticism.

Söder's Plan for Czech Nuclear Power Deemed Unfeasible

Bavarian Minister President Markus Söder's plan to secure privileged access to Czech nuclear power for Bavaria is deemed unfeasible by energy expert Felix Matthes due to technical, market, and legal constraints within the EU's electricity market, raising safety concerns and criticism.

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Affordable and Clean Energy

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How does the proposed agreement contradict existing practices in the EU's internal electricity market, and what are the potential economic consequences?

Matthes argues that Söder's plan contradicts standard energy sector practices. Electricity prices and quantities are determined by power exchanges, with cross-border capacities also managed by market mechanisms. This market-based approach keeps costs down. Furthermore, Matthes believes that EU institutions would immediately prohibit any such market intervention attempts, highlighting the plan's incompatibility with existing regulatory frameworks.

dw.com

🌐 75% Global Worthiness

Dec 10, 19:06

Cheb's Low Wages Highlight Czech-German Economic Disparity

Cheb, a Czech town near Germany, has average gross monthly wages below \"40,000 CZK (\"1600 EUR), significantly lower than the national average and causing many to work in Germany; Prime Minister Petr Fiala's promise to close this gap within five years is met with skepticism.

Cheb's Low Wages Highlight Czech-German Economic Disparity

Cheb, a Czech town near Germany, has average gross monthly wages below \"40,000 CZK (\"1600 EUR), significantly lower than the national average and causing many to work in Germany; Prime Minister Petr Fiala's promise to close this gap within five years is met with skepticism.

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Reduced Inequality

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What is the extent of the wage gap between Cheb and other regions, and what are the immediate consequences?

The Czech town of Cheb, near the German border, has significantly lower wages than the rest of the Czech Republic and Germany. Average gross salaries are below \"40,000 CZK (approximately \"1,600 EUR), compared to \"56,000 CZK (\"2,220 EUR) in Prague. This disparity drives many young people to seek work elsewhere, often in Germany.

Showing 61 to 72 of 77 results