Year-on-year exports increased by 10.8 percent to CZK 421.6 billion and imports by 18.7 percent to CZK 447.1 billion. Month-on-month, after seasonal adjustments, exports increased by 0.8 percent and imports by 1.9 percent. “A negative November trade balance is not
05/17/2024 / Author: Štěpánka Šulanová On Monday, June 24, the newly renovated Máj shopping area in the center of Prague will open to the public. In addition to shops, people can also look forward to galleries, entertainment or educational spaces,
When Donald Trump became president for the first time, Brussels managed to avoid the worst-case scenario in transatlantic trade relations – a trade war over cars. Washington lawmakers, especially Republicans, and the American business community (plus its lobbyists) then created
“Go first, then negotiate,” Malmström said. He said that after Brexit, the UK would become a “third country” in EU terminology, meaning trade would be governed by World Trade Organization (WTO) rules until the new agreement was finalized. Meanwhile, the
The upward trend in world trade that has been in place since the end of the Cold War has been replaced by a slowdown. Last year, global trade volumes fell by 1.2 percent, driven by rising inflation and interest rates.
According to the agencies, experts in Geneva believe that the United States could respond with countermeasures under WTO rules. The decision is part of a dispute between Airbus and American rival Boeing. He claims that the European manufacturer’s illegitimate support
“In terms of exports and imports, apart from the traditional trade in motor vehicles, exports and imports of computers, electronic and optical devices saw the largest increase in May, while, conversely, a larger decline on both sides of the trade
The Czech Republic’s foreign trade ended in August with a surplus of 10.6 billion kroons. When compared year to year, this result is 9 billion better. 09:45 October 7, 2009 This article is more than a year old Share on
Currently, the commission that decides global disputes is threatened with collapse. The reason is US actions. EU Trade Commissioner Cecilia Malmström wants to reform the World Trade Organization. He warned of the collapse of the commission that regulates global disputes,
Business in a Global Economy Economic globalization is characterized by the fact that the volume of international trade is increasing and individual economies are increasingly interconnected. This creates interdependence and dependence throughout the world. Through its trade policy, Europe seeks