There’s no surer sign of the country’s increasing integration into the global economy than this: China’s newfound zest for milk and a drought in Australia have caused a recent uptick in dairy prices. “Production of milk has dropped not only in Australia, but also in Argentina and Brazil,” said Michal Němec, director of the Bohemian-Moravian [...]
14.05.08 22:05 Filed in: The Prague Post Head of Institute of International Finance speaks in Prague It’s been a traumatic and, for many, confusing year in the world of international finance. Perhaps seeking some illumination, Prague’s local banking community turned out in force May 7 for a discussion with Charles Dallara, the influential managing director [...]
05.12.07 17:15 Filed in: The Prague Post Commissioner says regulators ‘cozying up’ to providers Consumers need a new champion if they are to get fair prices on Europe’s monopolistic phone markets, says European Union Commissioner Viviane Redding. Redding is calling for a new European Telecom Market Authority to monitor future telecom deals. She says government [...]
23.04.08 15:58 Filed in: The Prague Post ?EZ’s impact on currency exaggerated Earlier this month, reports surfaced that the state-controlled energy giant, ?EZ, had contributed significantly to the precipitous rise of the crown by converting billions of euros to crowns to hedge its currency risks. ?EZ is not looking to make money off the crown; [...]
17.10.07 15:27 Filed in: The Prague Post Javurek workshop produces 150 instruments yearly with authentic “Dobro” design This guitar is the sound of the Mississippi Delta blues. Its brash metallic tone conjures up the atmosphere of a juke joint in Memphis, where the foundations for American popular music were laid. In the heyday of the [...]