Opinion
COMMENT: Putin’s pivot to China cements Russia’s vassalage to Beijing
When Donald Trump declared that Joe Biden had made the “unthinkable” mistake of pushing Moscow into Beijing’s arms, the US president suggested their partnership was inherently fragile.
ING: Czech industry joins the growth pack
Industrial output accelerated in July, beating market expectations. Robust gains were recorded in key segments of manufacturing, suggesting the onset of a broad-based recovery.
COMMENT: Potential sanctions on Russian oil keeps price outlook uncertain
The ongoing Ukraine war ceasefire talks and the potential for new and even more extreme sanctions on Russian oil exports is keeping the outlook for the price of oil uncertain, Oxford Economics said in a note.
ING: Risks to Czech inflation from wages and emission allowances
Inflation eased to 2.5% in August, dragged down by another monthly decline in food prices. We see the soft reading as a low point, with inflation set to gain pace over the coming quarter.
BOOKS: Globalisation splinters as US-China rivalry reshapes world economy
'The Fractured Age’ author, Capital Economics chief economist Neil Shearing, tells bne IntelliNews the defining trend of the coming decades will be fragmentation, driven by US-China rivalry.