The Czech National Bank (CNB) has limited room to ease monetary policy this year, with domestic inflation threats warranting caution, and there will be debate whether to keep or cut rates at next week's policy meeting,
Droughts are a serious consequence of climate change, devastating ecosystems, along with the organisms and communities who inhabit them. Understanding the impact of this upon agricultural productivity is vital to ensure sustainable food supplies and local economies.
Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though it stood ready to act if the outlook for prices and activity changed.
As per phys.org, reports indicate that changing climatic conditions may require adjustments in crop selection and farming practices. While regions could benefit from improved conditions for grape cultivation, staple crops such as wheat and sugar beet are expected to suffer. Livestock grazing may also be impacted due to grassland degradation.
Poland and other Central European countries are in a position to assist the U.S. to meet its strategic challenges.
Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.
The synchronization of data from two natural climate archives -- a speleothem from the Herbstlabyrinth Cave in Hesse (Germany) and ice cores from Greenland -- offers new insights into the chronology of abrupt climate changes in Central Europe.
ECB President Christine Lagarde urged Europe to prepare for potential US trade policy shifts, warning of selective tariffs under Trump. Speaking in Davos, she stressed the need for economic reforms, defended the ECB's cautious rate cuts,
From the smallest village to the national capital, memorials celebrating Soviet “liberation” were once a key feature of the Central European urban landscape. But since the end of the Cold...
The agreement signed at COP29 is the important first step in linking Central Asian renewables with European markets – enabling the transfer of surplus green electricity from Kazakhstan and Uzbekistan to Azerbaijan, creating a direct pathway for exports to Europe.
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