The Czech government cannot give its consent to illegal migration, the
Czech Foreign Ministry said on Saturday in reaction to the migration pact,
drawn up by the United Nations on Friday. The ministry also pointed out
that the pact is a non-binding agreement.
The pact, approved by all 193 member nations except the United States which quit the talks last year, aims to improve ways to handle the global flow of migrants. Formal adoption of the pact is set for December in Morocco.
Meanwhile, Hungarian media reported on Friday that the country's foreign minister may propose that Budapest pull out of the pact, because it could aid the flow of migrants to Europe.
The Czech capital has been placed 50th in the annual index of the richest
cities in the world, put together annually by Swiss Bank USB, the website
Novinky.cz reported on Friday. The index has ranked 77 metropolitan areas
according to prices of basic goods and services, incomes and purchasing
According to the study, Switzerland’s Zurich is the most expensive city in the world, followed by Geneva, Oslo, Copenhagen and New York, while Kiev, Lagos and Cairo are the cheapest cities.
A Prague court has delivered verdicts concerning the case of rhino horns
smuggling into the Czech Republic, the Czech News Agency reported on
Saturday. A group of 16 men were accused of offering to bring back trophies
from South Africa for clients as part of luxury safari trips between 2011
One of the accused, Mao Nguyen Hue, has been found guilty of illegal handling of protected animal, receiving a two year conditional sentence and a fine of 600,000 crowns. The rest of the group were cleared of charges.
A boat carrying two adults and three children sunk in the Baťa canal near
Uherské Hradiště in South Moravia on Friday evening. All of the people
on board managed to escape the sinking vessel by jumping on another boat.
The boat was pulled out of the canal in the early hours of Saturday.
The Baťa canal, built in the 1930s by Tomáš Baťa, founder of the world famous Baťa shoe company, is the only navigable man-made waterway in the Czech Republic. Formerly used to transport coal, the canal is now used for water tourism.
Czech javelin thrower Jakub Vadlejch won the bronze medal at a Diamond
League in the Rabat on Friday. He threw 85.31 metres at the event at the
Moroccan capital in his last series of throws.
The 27-year-old athlete, who was the overall winner of the Diamond League in 2016 and 2017, has reached the podium for the first time this season.
Only 31 per cent of Czech citizens trust the news media, according to a new
report by the Reuters Institute for Journalism Studies at Oxford
University, based on a YouGov survey of over 74,000 online news consumers
in 37 countries.
The Digital News Report cites rising political polarisation and the spread of ‘fake news’ and disinformation online as major factors contributing to the low level of trust among Czechs. It further noted growing concern over sites linked to Russian-based sources or funders promoting an anti-EU agenda.
The report found that Czechs also believe there is less editorial autonomy among mainstream news media, most of which are controlled by oligarchs, such as Prime Minister Andrej Babiš, and powerful business groups.
The five most trusted media are public broadcaster ČT24 and the Czech Radio station Radiožurnál, followed by business daily Hospodářské noviny, and commercial sites Seznam.cz and Aktualne.cz.
Minutes from the Czech National Bank board meeting of June 27 – when
policymakers raised the main interest rate by a quarter point to 1 per cent
– show growing concern over inflationary pressures stemming from the
tightening labour market and corresponding high wage growth.
The jobless rate dropped to 2.9 per cent in June, the lowest in the EU. In the first quarter of 2018, Czech average wages rose by 8.6 per cent, also outpacing the EU average.
The Czech annual inflation rate rose to an eight-month high of 2.6 per cent in June from 2.2 per cent in May, widening the gap between the rate and the central bank’s 2 per cent target.
Rising foreign producer prices, including commodities, pose an inflationary risk in the short term while global uncertainty associated with the impact of Brexit could have an anti-inflationary effect in the longer run, the CNB said.
Drinks maker Kofola Ceskoslovensko has announced plans to cut its
registered capital 2.23 billion crowns by roughly 50 per cent, subject to
approval at a general shareholders meeting on August 13.
The aim is to optimise Kofola’s equity structure and ensure regular dividends for investors even in the event of potential revaluation adjustments of its Polish subsidiary HOOP Polska in the company’s accounts.
Kofola is controlled by the Greek-Czech Samaras family, who resurrected the cola brand Kofola in the 1990s. The drinks maker has since expanded throughout Central Europe but has struggled to gain a stronghold in Poland.
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