Global News Journal

from MacroScope:

Deficit-obsessed Czechs grapple ahead of vote

By Michael Winfrey
May 20, 2010

If one were to believe the noise coming from right-of-centre politicians in Prague, the Czechs are on the brink of a Greece-style budget meltdown, and victory by the leftist Social Democrats in a May 28-29 election would plunge them into economic collapse.

from Commentaries:

Shelved missile shield tests NATO unity

By Paul Taylor
September 17, 2009

foghAfter just six weeks as NATO secretary-general, Anders Fogh Rasmussen has his first crisis. The alliance may be slowly bleeding in an intractable war in Afghanistan, but the immediate cause is the U.S. administration's decision to shelve a planned missile shield due to have been built in Poland and the Czech Republic.

SUMMERTIME BLUES FOR EU REFORM TREATY?

May 4, 2009

European Union officials are thinking the unthinkable — they could hold a summit in July, during the normally sacrosanct summer break set aside for Brussels’ Eurocrats.

Post card from Prague

By Michael Winfrey
April 22, 2009

This is one in a series of post cards from Reuters correspondents across Europe, Middle East and Africa, recounting how the financial crisis is playing out in the capitals where they are based.

Business as usual as governments crumble in E.Europe

By Michael Winfrey
March 24, 2009

HUNGARYThe Czech opposition toppled Prime Minister Mirek Topolanek’s minority cabinet on Tuesday in a no-confidence vote. Three days earlier, Hungary’s prime minister said he would resign to let someone else pull that country out of its economic mire. Although serious, the developments were far from surprising if complaints about the economic crisis by anti-government parties and disgruntled voters were anything to go by.

Location still counts in central and eastern Europe

March 4, 2009

Poles and Czechs, their economies still relatively robust  despite global recession, are up in arms about what they see as international investors’ tendency to tar them with the same brush as their more troubled neighbours such as Hungary, Ukraine and Latvia.

Russia’s Cold War anger over U.S. shield: misjudged?

July 10, 2008

Signing of missile defence treaty

Russia’s angry response to an accord between Washington and Prague on building part of a U.S. missile defence shield in the Czech Republic is reminiscent of the rhetoric of the Cold War. Although Russian President Dmitry Medvedev says Moscow still wants talks on the missile shield, his Foreign Ministry has threatened a “military-technical” response if the shield is deployed.