Ostrava is an often overlooked region in the Czech Republic, facing a very difficult and uncertain future over the next decades. The region has historically been entirely dependent on coal mining, which is an unenviable position at present time, as the mines are being closed. Mining has historically made it the industrial backbone of the country, but heavy industry is currently in decline.
In this episode, we talk about the Ukrainian grain crisis, its economic and political context, the role and response of Poland and other EU countries to the issue, and the way forward for Ukrainian-Polish relations.
The evolution of modern society has been intertwined with successive industrial revolutions. In the first industrial revolution, the spread of the steam engine began to replace human and animal labor. In the second industrial revolution, the assembly line enabled mass production and the increasingly simple manufacture of increasingly complex things.
The metallurgical and metalworking industry has been one of the pillars of the Ukraine’s economy, but the war and the sea blockade are driving it into a deep crisis. In the industry, enterprises pessimistically assess their business activity and business climate; they continue to reduce production and exports.
Ukraine’s manufacturing sector suffers war losses, but most industries keep optimism about the future. However, manufacturers that secure the basic human needs (food, clothing, and shoes) demonstrate the best production and recovery results.
In June 2020, the German cabinet introduced a regulation banning certain single-use products made of plastic; the European Union had already introduced a similar regulation in May 2019. In future, the sale of products such as throwaway plastic cutlery, plates, straws and cotton buds will be prohibited.
In a way, digitization is old hat. E-mails turned 45 on September 30, 2016. In 1997, 4.1m Germans were online; today the figure is 58m. Growing up in today’s world, it is impossible to imagine being without a smartphone. But not having a landline phone or not owning a car? No problem.
In 2014, the Czech economy did well. All reports have forecasted the same for 2015. The publication of the Czech Statistical Office dealing with the development of the Czech economy in the first quarter of 2015 confirms it. So how well did we do after all?
The ongoing conflict and economic downturn have taken a toll on Ukrainian businesses across the sectors and sizes. For them, the current political and market uncertainty would make a zero-growth scenario look like a positive development, which, however, is not yet in sight.
After a long negotiation between milk producers, processors and sellers, the Lithuanian Ministry of Agriculture has proposed a new bill that would severely tighten the regulation of the Lithuanian dairy market. The authors of the bill claim that their intention is to protect Lithuanian producers, bring confidence to the market and boost the consumption of milk products. But is it really so? The proposed privileges for milk producers are nothing else but an iron curtain that will shift the…
