Business

Mortgage numbers hit second-most successful...

The number of mortgages taken out in the Czech Republic has reached record levels due to falling interest rates. October 2020 was the second-most successful month since 1993, when the Czech Republic was established – a record year in...

Perceiving corruption: Rethinking...

Political corruption in Lebanon traces its roots to the re-assembling in the post-civil war era, which entrenched a realm of politics dominated by war lords and militia-like mentalities operating through a sectarian discourse. The waste...

TAKING FOR GRANTED … BE WARY

Honourable Donald J. Johnston The title of these comments is inspired by my personal experience in important areas of public policy both as a politician beginning in the 1970s and more recently as Secretary General of the OECD from 1996 until...

Despite Covid-19, Czechs spend record sums...

Despite the economic impacts of the coronavirus crisis, Czechs are borrowing record amounts for housing. During the first nine months of the year, Czech banks provided mortgages for CZK 172, setting a record for that period. “This year’s...

Exclusive Program for Outplacement

How many sad stories of people being forced to leave their positions in a manner that is far from being correct have you heard recently? Outplacement program can help both individuals and companies. It saves relationship and reputation. Linda...

Czech mountain resorts invest CZK 750...

Czech mountain resorts invested some 750 million crowns into their development this year, the Czech Association of Mountain Resorts said at a press conference on Wednesday. Originally, ski resort operators planned to invest a record one billion...

2020 Slovenia: Slovenian Foreign Policy –...

Summary: The political balance within the EU at the time of the Covid-19 pandemic has clearly indicated a direction of significant changes. Initially it seemed that solidarity of some seemingly very friendly countries is simply not to be...

Unemployment in Czech Republic rises to 2.8%

The unemployment rate in the Czech Republic has increased by 0.7% since the beginning of this year, which puts it at the overall 2.8%. These statistics were presented by The Czech Statistical Office (CZSO) and showcase August figures for...

2020 Azerbaijan –Armenia conflict:...

The strong conflict between Armenia and Azerbaijan, in the autonomous Azerbaijani region of Nagorno-Karabakh/Artsakh, which is under the control of Armenia, was renewed recently. The latest conflict between the two countries has escalated and...

How to Spend it: An Austro-Franco-German...

The conference named “75 years of Europe’s Collective Security and Human Rights System”, which took place on the 1st of July at the Diplomatic Academy of Vienna, brought together experts related to the reality of the Old Continent and its Union...

A few minutes with Ms. Payom Valaiphatchra...

I am often asked in interviews and by people in general how I came up with the lyrics of The Asean Way. It ́s actually quite challenging to find a way to unite 10 different nations of very diverse characteristics and qualities with one song. It...

Triangularity of Nuclear Arms Control

Possible Implications of China’s Involvement in Nuclear Arms Talks Alexander G. Savelyev In December 2019, the United States officially invited China to enter into a strategic security dialogue. The White House said it hoped Beijing’s consent...

How to Expand Your Brand Presence and Reach...

Every business’s goal is to reach more customers and grow. Making people know who you are and what you offer is one of the most important steps of growing a business and generating more profit. Investing in expanding your brand presence...

Europe and the world at 75: An occasion for...

Vice-President of the EU Commission Margaritis Shinas was a keynote speaker at this summer’s Diplomatic Conference in Vienna organised by the International Institute IFIMES, Media Platform Modern Diplomacy and their partners. High dignitary of...

2020 Eastern Mediterranean: New episode of...

The Eastern Mediterranean region is currently experiencing a new cycle of tensions between Turkey and Greece, which belong to the same system and are members of the North Atlantic Treaty Organization NATO. While the dispute revolves around...

Living the AMERICAN DREAM in the Czech...

Kraig’s family has a long history of barbering beginning with his grandfather back in 1914. He grew up around his grandfather’s and father’s barbershops in Kentucky training with them from an early age, then completing his training at some of...

Czechia becoming target of illegal waste...

The Czech Republic is increasingly becoming a target for illegal dumping of waste from across the border, the website iDnes.cz reported on Wednesday. Czechs have been dealing with illegal waste imports for many years now, but recently the...

2020 Parliamentary Elections in Montenegro:...

Parliamentary elections in Montenegro are scheduled to take place on 30 August 2020. The electoral roll contains the names of 541,232 eligible voters. The ballots include 12 election lists (six coalitions and six parties). Montenegro has a...

Of Privacy, EU and of Human Rights – 75...

By Nora Wolf Early summer days of 2020 in Vienna sow marking the anniversary of Nuremberg Trials with the conference “From the Victory Day to Corona Disarray: 75 years of Europe’s Collective Security and Human Rights System – Legacy of...

Czech Republic strengthens anti-money...

In a follow up report on the Czech Republic, the Council of Europe’s anti-money laundering body MONEYVAL concludes that the country has improved measures to combat money laundering and terrorist financing, but still needs to make progress in...

2020 Belarus: Belarus between EU imperialism...

In the Republic of Belarus, presidential elections were held on 9 August 2020. The current President of Belarus Alexander Lukashenko is the winner of the presidential elections at which he won 80.23% of the votes. The turnout at the elections...

The future of Europe depends on its...

International Institute for Middle East and Balkan Studies (IFIMES)[1] from Ljubljana, Slovenia, regularly analyses developments in the Middle East, Balkans and also around the world. Guido Lanfranchi isan international affairs specialist based...

Build your effective team

Do you try to build a work team in your company? To have your own team is one thing but build a successful and effective team is another one. It is a sensitive matter and while doing so you must take into consideration many aspects. Read the...

2020 Parliamentary Elections in Montenegro...

International Institute for Middle East and Balkan Studies (IFIMES)[1] from Ljubljana, Slovenia, regularly analyses developments in the Middle East and the Balkans. IFIMES has analyzed the current developments in Montenegro with respect to the...

Throwback to a powerful and timely HR...

We are on the 1st of July 2020; post-first wave of coronavirus across the globe, and already Vienna is holding a 3-panelled diplomatic forum with over 20 guest speakers. In fact, neither reflections on human rights enhancement, nor those on the...

What will the future look like?

International Institute for Middle East and Balkan Studies (IFIMES[1]) from Ljubljana, Slovenia, regularly analyses developments in the Middle East and the Balkans. General (Rtd) Corneliu Pivariu is a member of IFIMES Advisory Board and founder...

The future of Europe depends on its...

On July 1st, 2020, the Secretary-General of the Union for the Mediterranean (UfM), Dr. Nasser Kamel, participated in an international conference discussing the future of Europe. The event under the name FROM VICTORY DAY TO CORONA DISARRAY: 75...

Increasing number of Czechs face financial...

As the government’s temporary measures adopted to limit the negative impacts of the coronavirus crisis draw to a close, an increasing number of Czechs are starting to face serious financial difficulties. Indeed, debt advisory centres around the...

Daniel Meron: Global food security in the...

Dear Mr. Ambassador, before we start discussing the issue of food security, let me ask you about the latest pandemic situation in Israel. Unfortunately, Israel is suffering today from a second wave of coronavirus. Intensive efforts are underway...

Czech retail sales weaker but unemployment...

June retail sales slightly disappointing Czech retail sales, excluding cars in June surprised on the downside after more encouraging May figures (these were also revised downwards from -0.7% to -1.9 year-on-year). As such, June retail sales...

Let’s talk about waste as resource...

Today’s guest is Cyril Klepek, an innovative economist who’s helping many companies transition into the circular economy. He’s also interested in waste management and is the founder of the secondary resource platform Cyrkl. Many believe that...

Where do we go from here? – revisiting words...

On 1 July 2020, the first real-time conference in Europe past the early-spring lockdown took place at the Diplomatic Academy Vienna. This highly anticipated event, entitled From the Victory Day to Corona Disarray 75 years of Europe’s Collective...

Vienna Process: From Culture for Peace to...

A conference whose theme was “From the Victory Day to Corona Disarray: 75 years of Europe’s Collective Security and Human Rights System (Legacy of antifascism for the common pan-European future)” was held on July 1 at the Diplomatic Academy in...

Czech mortgages are twice as expensive as in...

Interest rates and mortgages have dropped, but still outpace Germany, Austria, and Slovakia While mortgage interest rates have been dropping in the Czech Republic, they are still almost twice as high as in neighboring countries. Record real...

Coaching in the Leadership

Small Intro to the big Challenge We live in rapidly changing times, especially for businesses. In a single generation, businesses have had to adapt to entirely new marketing channels (web and social). It is needed to be predictable, good at...

Brazil does not give up Culture and...

Paraphrasing Jorge Amado, a famous Brazilian literary writer of the twentieth century, in his popular novel ‘The country of carnival’: “… Sometimes we understand that something is missing in our lives. What is missing? We don’t know.” Today...

Origins of Future discussed – Vienna Process...

The first July day of 2020 in Vienna sow marking the anniversary of Nuremberg Trials with the conference “From the Victory Day to Corona Disarray: 75 years of Europe’s Collective Security and Human Rights System – Legacy of Antifascism for the...

Business delegation to Taiwan with the...

The Czech-Taiwanese Business Chamber cordially invites you on behalf the Senate Chancellery to participate in the business delegation to Taiwan accompanying Miloš Vystrčil, the President of the Senate of the Parliament of the Czech Republic...

Green tech: Czechs turning plastic waste...

The Czech start-up company Plastoil Europe has developed recycling technology that can turn most ordinary plastic waste into oil. The company’s first fully functional mobile unit – over eight years in the making – was recently unveiled and will...

European Reconstruction: A Project Born of...

International Institute for Middle East and Balkan Studies (IFIMES)[1] from Ljubljana, Slovenia, regularly analyses developments in the Middle East, Balkans and also around the world. Dr. Antonia Colibasanu is Geopolitical Futures’ Chief...

ASEAN, C-19 and the Vietnam’s Chairmanship

COVID-19 (C-19) event is posing serious challenges for the Association of South East Asian Nations (ASEAN) in 2020. But Vietnam, as current ASEAN chair, is trying to make the best of the situation and demonstrate leadership. As 2020 marks a mid...

Czech Republic ranked 33rd in World...

The Czech Republic has for a second consecutive year ranked 33rd in Swiss research group IMD’s World Competitiveness Ranking. The country again ranked highest among the Visegrad Four countries, ahead of Poland (39th), Hungary (47th) and...

From the Victory Day to Corona Disarray

75 years of Europe’s Collective Security and Human Rights System Legacy of antifascism for the common pan-European future The 1st, one-day, conference: Diplomatic Academy Vienna,01 July 2020 10.00 – 18.30 CET   (GMT+2) Speakers: Leading...

The post-Corona epilogue of an overheated...

“Americans performed three very different policies on the People’s Republic: From a total negation (and the Mao-time mutual annihilation assurances), to Nixon’s sudden cohabitation. Finally, a Copernican-turn: the US spotted no real ideological...

ASEAN, C-19 and the Vietnam’s Chairmanship

COVID-19 (C-19) event is posing serious challenges for the Association of South East Asian Nations (ASEAN) in 2020. But Vietnam, as current ASEAN chair, is trying to make the best of the situation and demonstrate leadership. As 2020 marks a mid...

EU matters business

Did you know that? New plan to restart European economy The European Commission unveiled its plan to restore economic growth in the EU, based on a new instrument called Next Generation EU. The budget for the newly proposed instrument should be...

Restoring Trust in Global Governance

(The UN Security Council should urgently address Covid-19 – addendum) Further to the points of view undersigned authors expressed nearly two months ago (see: ), it is to a deep regret that the United Nations Security Council (UNSC) still misses...

Czech beer production, consumption reached...

For the second year in a row, breweries in the Czech Republic have produced a record amount of beer For the second year in a row, breweries in the Czech Republic have produced a record amount of beer, according to data gathered by the Czech...

EU at Crossroads

„The European Union is founded on the values of respect for human dignity, freedom, democracy, equality, the rule of law and respect for human rights, including the rights of persons belonging to minorities. These values are common to the...

STUDY: WORKING FROM HOME HAS REDUCED...

The temporary shift to home office due to restrictions related to the coronavirus outbreak has significantly reduced employees’ productivity. A study carried out by the consultancy company Moore Czech Republic suggests that employees’...

The OIC World for a Safer Planet

OIC and its Rapid Reaction Capacitation in times of new asymmetric challenges All throughout its history, our world witnessed either abrupt, radical changes or gradual shifts and adjustments of the World Oder. Such recalibrations usually...

Millennials – a generation that needs to be...

Financial advisors have to take into account that their role needs to be sustainable in the long term. A great role in this process is played by the ability to listen and study the habits and needs of new generations. A focus on the younger...

Leadership for Thought: Non-Permanent...

Building up on the recent analysis of the IFIMES (International Institute of the Special Consultative status with the UN Eco-Soc) and its call for a formidable multilateral action; “The International Security Dimension of Covid-19 and the...

How Prague’s small businesses have dealt...

We spoke with some of our friends and partners to find out how they’ve been personally affected by the coronavirus pandemic For the past six weeks, many businesses in Prague and the Czech Republic have been shut down as efforts to reduce...

The post-Corona epilogue of an overheated...

Americans performed three very different policies on the People’s Republic: From a total negation (and the Mao-time mutual annihilation assurances), to Nixon’s sudden cohabitation. Finally, a Copernican-turn: the US spotted no real ideological...

Good prospects for the real estate market in...

The Czech real estate market – in certain segments – can provide good returns for investors, says UBS Global Wealth Management in its latest analysis. Despite current turbulence, the real estate market in Central and Eastern Europe (CEE)...

Petr Kellner keeps top spot as richest...

The annual Forbes ranking lists the same eight Czech billionaires as last year, but the order has shifted Forbes magazines’ annual ranking of the world’s richest people included eight Czechs, with Petr Kellner retaining the top position. The...

HOW IS CORONAVIRUS AFFECTING PRAGUE’S REAL...

The travel ban instituted due to the ongoing coronavirus epidemic has had an effect on the prices of rent within Prague, with some owners of Airbnb properties offering their flats for long-term rent instead. A wider impact on property prices is...

The Success Story of BIOFACH and VIVANESS...

In Nuremberg, the BIOFACH organic food trade fair and the VIVANESS Natural Cosmetics Fair were held from February 12th to 15th. The largest European organic food fair celebrated its 31st anniversary with a record number of participants: 3,792...

8 Ways To Be A Great Leader People Can Follow

Anyone can be a leader, and most people will take up this role at different stages of their lives. You don’t have to be the President of a country, or CEO of a big organization/business for this role to be foisted on you. Leadership happens in...

Key Steps Women Can Take to Be Strong Leaders

Traditionally it has been difficult for women to break into the male-dominated world of business. Much emphasis is put on their ability to conform and perform to male-based expectations of themselves that just getting their foot in the door...

International Women’s Day hosted by...

The International Women's Association of Prague (IWAP) is organising an event called "Women Communicating!" which will take place at the beautiful Conference Hall at Sněmovní 7 on Tuesday, March 17, 2020, 10:00 - 12:30.

Strong Royal Impetus to Development of...

06-03-2020 HM King Mohammed VI launched on Monday at the R’cif Place in Fez, the program to enhance economic activities and improve the living environment in the Medina of Fez (2020-2024), a new generation program aimed at safeguarding...

How Dating Became a Prosperous Market For...

In the western part of the hemisphere, the traditional concept of dating is already dead and buried. Brought up in a world where people could still meet at the party and fall in love, Millenials, who are now dominating the dating scene, have...

New National Agricultural and Forestry...

13-02-2020 HM King Mohammed VI, accompanied by HRH Crown Prince Moulay El Hassan, presided, on Thursday in the province of Chtouka Ait Baha, over the launch ceremony of the new development strategy for the agricultural sector dubbed...

HM the King Launches Construction Works of...

07 February 2020 Agadir – His Majesty King Mohammed VI on Friday launched in Agadir the construction works of the city’s psychiatric hospital, a project that is part of the implementation of the urban development program of the city...

A Code of Conduct for Professionals

Financial advisers play a key role in helping citizens meet their goals and make informed investment decisions, with particular regard to the value of financial planning and the enhancement of financial education. Recognising this important...

5 Things to Expect from the Oil and Gas...

With 2020 well under way, big business is ready to change with the new industry trends. Oil and gas companies have had a rough 2019 across the globe and in the US especially, but 2020 might just bring some much-needed stability to the sector...

Essaouira

Hydraulic, Hydro-agricultural and Drinking Water Projects Enshrining Royal Vision of Sustainable and Integrated Development of Rural World 16-01-2020 The Royal Vision of a sustainable and integrated development of the rural world has, once...

Becoming a Management Consultant

Everything you need to know about this lucrative career path. Have you ever considered a career as a management consultant? Many creative, business-minded individuals aspire to without understanding what this demanding role requires. This...

10 New Year Resolutions for Entrepreneurs

No matter how big and successful your company is, running it is never easy. There are lots of things you have to take into consideration and even more things you need to control. Dealing with these things on a daily level can be quite hard...

Nord Stream 2: An economic venture or a...

As part of discussions on approving the annual US defense budget, it was decided last week to impose sanctions on the foreign companies involved in the “Nord Stream 2” project, which is essentially doubling Russia’s natural...

The EU and its transformative power in...

(From Lege Specie towards the Universal Jurisdiction) While our troposphere is dangerously polluted, one other space – that of intangible world, created by the interconnected technology – follows the same pattern: a cyberspace. Information is a...

5 Leadership Ideas To Help Women In The...

It’s pretty common knowledge that women in the workplace have a noticeably larger challenge ahead of them than their male counterpart. With everything from alarming sexual harrassment statistics to pay inequality, there’s a lot at stake and a...

Main Representative of IFIMES to the...

Main Representative of the International Institute for Middle East and Balkan Studies (IFIMES) to the Economic and Social Council (ECOSOC) of the United Nations (UN) in New York Irena Mernik Knee attended the marking of the anniversary of the...

“We want the euro” say Czech...

During yesterday’s meeting of the Czech Association of Industry and Transport at the Prague Castle, the Vice President of the Association Radek Špicar, confirmed their support of the country converting to the euro as its official currency. The...

Czexpats in Science

The society Czexpats in Science unites Czech scientists who live(d) and work(ed) abroad. We aim to: create a network of Czech scientist abroad and connect them to scientists and research institutions in the Czech Republic, help scientists...

Medicine prices in the Czech Republic are...

A new index compares the price of common prescription drugs across 50 countries A British medical startup, Medbelle, has compiled a comparison of drug prices across 50 countries. The highest prices are to be found in the United States and...

Gold-plating continues to undermine the...

Is Germany on its way to becoming a planned economy by introducing a commission ceiling in the insurance industry? German governments like to see themselves in the position of flagship Europeans. Also, the current coalition of Christian...

Canadian Embassy hands over donation to...

Today, the Embassy of Canada to the Czech Republic presented three Czech NGOs: ROSA – Center for Women, z. s.; DOM – Dům otevřených možností, o.p.s; and InBáze, z.s. with vouchers valued at 53.490 CZK to support their activities in the Czech...

30 years after 9/11: How many Germanies...

2019 sees the 30th anniversary of the European 9/11 – the fall of the Berlin Wall. Dislike the 9/11 that came 12 years later, which many now associate with the demise of the Anglo-American dominant capitalism, for the most – this European 9/11...

Simona Kijonková a Milan Formánek newly run...

Two exceptionally interesting personalities have recently expanded the European Leadership and Academic Institute (ELAI) series of lecturers. Simona Kijonková, one of the most fascinating and successful entrepreneurs, and Milan Formánek, a...

‘Rabenmutter!’ How German business culture...

Despite Merkel, the cards are stacked against female managers finding success. Frederike Probert’s job probably only exists because of the lowly place of women in German business. The former tech entrepreneur organises networking for female...

Western Balkans and decades ‘eaten’ by the...

International Institute IFIMES prepared the analysis of actual political situation in the Western Balkans prior to the European Council meeting to be held in Brussels on 17th and 18th October 2019, where the date for the start of negotiations...

Yet another regulatory myth explained

Nobody in the financial industry could have missed how notable the attention has been in all recent regulations paid to the conflict of interest and its mitigation. All those MiFIDs, IDDs, MCDs and other Directives, have substantial parts...

Sudan 2019: A difficult path to Sudanese...

After several months of mass protests, which started in December 2018 due to bread and fuel shortages, the Sudanese finally achieved the ouster of their long-term dictator Omar Al-Bashir who has been overthrown by the army. Since 1989 his...

Czech Republic has a higher Quality of Life...

The Czech Republic’s quality of life has been rated 24th out of a total of 149 countries in the 2019 Quality of Life Index, representatives from the Deloitte company revealed to local press this morning. The country jumps two positions over...

The future rests on education

Financial literacy and education are key elements of the path to economic growth and social inclusion in the European Union. At the same time, it is important to remember the 2030 Agenda for Sustainable Development, adopted on 25 September 2015...

How can AI and virtual reality improve...

Technology can give advisers ‘opportunities that can revolutionise’ the sector Advice has overtaken investment performance as the most valued aspect of an IFA or wealth manager’s offering and this means consumers need to have the best...

France: Chaos or a New Social Compact?

At the end of the parade, a few dozen people release yellow balloons into the sky and distribute leaflets saying “The yellow vests are not dead.” The police disperse them, quickly and firmly. Moments later, hundreds of...

A new EU or same old, same old?

Will this summer see a new Europe or the return to the “good old continent”? What are the challenges for our profession and our clients? It will not have been easy but finally, Ursula von der Leyen was elected as head of the Commission...

2nd Women Entrepreneurial Mission from the...

FRI, November 8th – THU, November 14th, 2019 Following our successful 1st Mission last year, discover a unique ecosystem of Israeli start-up nation, from start-ups to incubators, universities, multinationals, VCs as well as advisory...

Why everyone needs retirement advice

Recent research in the UK has shown that 20% of people – more than 10 million people! – say they’ll work until they’re physically unable to do so, while around 6% – another three million people – say they expect to work until they die! The...