The Prague Post

Featured

France to deploy 70,000 police as students urge further protests

France will deploy some 70,000 police nationwide as it braces for new protests this weekend after some of the worst urban violence in years erupted on the sidelines of demonstrations a week ago, the government said Friday.

Romania blames Russia for new deadly attack on ship

Romania said Friday one sailor had died and three were missing after a ship was struck by a drone and sank in the latest attack in the Black Sea that President Nicusor Dan blamed on Russia.

Last news

'Housing First' approach gets Swedish city's homeless off streets

After years on the streets it took a while for Viking Weiner to get used to the feeling of being at home in his new apartment in Sweden's second city Gothenburg.

Search for 1,300 missing after deadly Nepal-Tibet floods

Rescue teams rushed Thursday to find more than 1,300 people missing on the Nepal-Tibet border in flash floods and landslides that killed at least 165 and swept away entire villages.

Once a top export, prized Kashmir carpet fades

It has survived wars and upheavals, but the famed handwoven Kashmir carpet industry is now battling a steady decline as younger generations abandon the painstaking craft.

Search for 1,000 missing after deadly Nepal-Tibet floods

Rescue teams rushed Thursday to find more than 1,000 people missing on the Nepal-Tibet border in flash floods and landslides that killed at least 165 and swept away entire villages.

Search for missing after Nepal-Tibet floods kill 165

Rescue teams rushed Thursday to find hundreds of people missing on the Nepal-Tibet border in flash floods and landslides that killed at least 165 and swept away entire villages.

Qantas says profits slump as fuel costs surge

Australian airline Qantas said Thursday it expects fuel costs to stay high, after the Middle East war pushed up prices and led to a slump in annual net profits.

'Be more honest': Markets crave clarity from cryptic Fed chair

US Federal Reserve Chair Kevin Warsh will have to soothe investors frazzled by his cryptic communication style in a key speech on Friday, analysts say, or risk having his leadership undercut by other policymakers filling the void.

Lofty bond yields, Bessent's intervention pose challenge to Fed's Warsh

US Treasury Secretary Scott Bessent's controversial efforts to lower Treasury yields have potentially put him at odds with Federal Reserve Chair Kevin Warsh, complicating the latter's communications challenge this week.

Meta, US states agree $18 bn settlement in landmark teen safety case

Meta agreed to pay a coalition of US states as much as $16.7 billion and to impose sweeping new limits on how teenagers use Facebook and Instagram, according to a court filing on Wednesday that ends a landmark trial in California.

Nvidia doubles revenue, forecasts even more AI spending

AI juggernaut Nvidia on Wednesday reported quarterly revenue of $96.2 billion, more than double from a year earlier, as the world's most valuable company beat Wall Street expectations and forecast even stronger sales ahead.

Canada renews push to boycott US products

Philippe Meranger just finished his grocery shopping in Montreal.

Rescue crews scramble after Nepal-Tibet floods kills at least 160

Rescue teams rushed Thursday to find hundreds of people missing on the Nepal-Tibet border in flash floods and landslides that killed at least 160.

Why Global Finance Still Relies on Wall Street Despite Diversification Trends

Global investors seek to diversify away from the United States due to political polarization and rising public debt, yet no significant exodus has occurred. This persistence stems not from loyalty but from a lack of viable alternatives; other financial systems lack the depth and infrastructure to absorb massive capital flows without destabilizing themselves.

Stocks mixed as oil drops, US inflation stays high

Wall Street stocks finished lower Wednesday after US inflation came in steady but elevated as markets traded cautiously ahead of earnings from Nvidia and a widely anticipated Federal Reserve speech.

Bolivia's Paz appoints new economy minister amid bailout talks

Bolivian President Rodrigo Paz on Tuesday named a new economy minister to replace a close ally forced out by lawmakers in the midst of an acute crisis.

Rent TRON Energy and Reduce USDT Fees : TronBid Expands Marketplace

TronBid expands its two-sided TRON resource marketplace, giving users new ways to rent Energy, trade Energy and Bandwidth, and reduce USDT fees for TRC-20 transactions.

Bill Gates warns world unprepared for AI upheaval

Bill Gates warned Wednesday that the world is dangerously unprepared for the upheaval brought by artificial intelligence, with the technology destroying jobs and threatening human connection, especially for young people.

MEXC TradFi Gala Concludes With Over 170,000 Registrations and $4.3 Billion in Daily Trading Volume

MEXC, a pioneer in 0-fee digital asset trading, has concluded the TradFi Gala, a month-long Futures trading campaign that drew more than 170,000 registrations and reached $4.3 billion in daily average trading volume.

Meta and US states discuss settlement in landmark social media trial: report

Social media giant Meta has been in discussions with multiple US states to settle a major child privacy and consumer protection case out of court, Bloomberg News reported on Tuesday.

Iceland to vote on resuming EU talks in close referendum

Icelanders are to vote Saturday on whether to resume entry talks with the European Union amid growing global insecurity, in a referendum seen as going down to the wire.

'Our patron saint': Tennesseans mourn local hero Dolly Parton

With Dolly Parton's "Jolene" filling the night air, fans of the late country music icon laid flowers at a Tennessee statue of the singer who changed their US state forever.

Pakistan's girls fight for their place in the boxing ring

Sweat trickling down her face, aspiring teenage boxer Hoorain Zahra works on a punch combination, eager to follow in the footsteps of her idol Aliya Soomro.

Five things to know about Anthropic ahead of Wall Street debut

Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse SpaceX's record Wall Street debut in June.

Julia Curlee, CIA officer fired by White House for being transgender

When President Donald Trump returned to power last year, Julia Curlee, a longtime CIA analyst and transgender woman, opted to continue serving as a senior official at the White House despite right-wing attacks on trans issues.

'Final Fantasy', 'The Witcher' in spotlight at Europe gaming bash

Europe's biggest video games show, Gamescom, opened Tuesday with the spotlight on two hit series, "Final Fantasy" and "The Witcher", with the industry seeking a boost in an era of job cuts and fierce competition.

Meta knew teen safety tools were ineffective, witnesses testify

Meta knew that its tools for protecting teenagers on Instagram were largely ineffective, witnesses testified at the trial in California where 29 US states are accusing the social media giant of lying about the platform's dangers.

Dolly Parton: Country music's dolled up but deserving queen

Back in 2008 at age 62, Dolly Parton released a single proclaiming she was "just a backwoods Barbie, too much makeup, too much hair."

US robotaxi firm Waymo plans to launch in Germany

Self-driving car company Waymo said Tuesday it will launch its robotaxis in the German city of Munich next year, marking the US group's first foray into the European Union.

Volkswagen workers boo boss during speech on job cuts

The boss of German carmaker Volkswagen warned workers on Tuesday to brace for more job losses, earning boos and jeers from the crowd, as the crisis-hit company faces a drastic round of cost-cutting.

Canada unveils counter-tariffs of 15-50% on US goods

Canada on Tuesday announced counter-tariffs on US goods ranging between 15 and 50 percent, intensifying the trade war between the historically close allies.

Volkswagen boss braces German workers for more job cuts

The boss of German carmaker Volkswagen warned workers on Tuesday to brace for thousands of job losses, with the crisis-hit company facing a drastic round of cost cutting.

Spain moves to speed up return of migrants stranded in Ceuta

Spain's government took steps on Tuesday to speed up the return of thousands of migrants still in the Spanish territory of Ceuta following a mass influx from Morocco in July.

The Prague Post - Economy (English)