Świat

Basing the system on the goodwill of private citizens is not enough, aid groups warn

Czechia has the second-longest border with Poland after Germany but the Czechs know Poles the least of their neighbours. They don’t share the same recent history as with the Slovaks, they don’t go on holiday to Poland as they do to Austria, and they don’t have that many joint ventures or a shared tradition of shopping trips and Christmas jaunts as with Germany. Author Martin Ehl Chief Analyst for the Czech Daily Hospodarske Noviny.

If there is anything certain in the modern economy, it’s change. While we enjoy using assorted opportunities to repeat and scare one another about the times of extraordinary variability and uncertainty we all face, the truth is somewhat different: both have become typical features of the economic landscape. It goes without saying that they are also the price we are paying for the exorbitant development and technological changes of recent decades, for the never-ending race we have decided to join in the name of progress and prosperity.

Russia’s attack on Ukraine is the greatest test of international solidarity that the transatlantic community has faced since World War 2. Capital market institutions reacted quickly and decisively.