English-language Prague and Czech political, civic and cultural news.
Reports arranged by publication time. No decorative hierarchy; the record comes first.
The deal marks the first time the eight-year-old company has taken outside capital, and sets the stage for the listing it is preparing to pursue.
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41 indexed reports
We sit down with Ralph Diesbach — board member and acting CEO of the firm behind a recently announced 50 million USD milestone in African investments (Ocean Cedar Asset Management) — to talk less about the company and more about the continent: where new money is actually landing, what it is building, and why East and West Africa are the next growth corridors.
↗The London-based manager, led by acting CEO Ralph Diesbach, says its milestone portfolio spans renewable power, infrastructure, fintech and agri-processing across East and West Africa — and signals further expansion in the region over the next 24 months.
↗The foreign ministers of Poland, Czechia, Slovakia and Hungary are scheduled to meet in Bratislava on September 1, 2026, under Slovakia’s Visegrad Group chairmanship.
↗Barbora Macková will resign as Czech Republic chief hygienist on September 2, 2026, while continuing to lead the State Health Institute. Matyáš Fošum will temporarily represent the chief hygienist until a selection process is completed.
↗BESS Lipnice, a 57-megawatt battery-based energy storage system, has been commissioned in Czechia and is providing services to ČEPS.
↗The Finance Ministry’s proposed deficit would be the second-largest in Czech history and includes higher defence, investment, healthcare and public-sector wage spending.
↗Police detained approximately 20 people near Letná Square on Aug. 30 as Slavia Prague supporters marched to a derby against Sparta Prague at Letná Stadium.
↗Jake Evans scored in overtime to lift Montreal past Vegas 3-2, snapping the Canadiens’ short skid and handing the Golden Knights another tight loss. Cole Caufield continued his scoring surge and goaltender Jakub Dobes delivered a strong performance as Montreal leaned on timely finishing and late-game composure.
↗The US Department of Health and Human Services and the State Department said the United States has completed its withdrawal from the World Health Organization after a yearlong process. The move ends US membership and funding, and the administration says it will pursue global health work through other partnerships while WHO warns the decision makes the world less safe.
↗Amazon has told employees it plans to cut roughly 16,000 roles worldwide, confirming a new wave of reductions after a meeting invite and draft message were mistakenly circulated. The company says it is trying to simplify decision-making and remove layers, even as the cuts land just months after another major round of layoffs.
↗The Federal Reserve kept interest rates unchanged at its first meeting of the year, pausing further cuts after reductions in the fall. The decision comes amid intensified political pressure from President Trump and renewed debate over the central bank’s independence and the economic risks of lowering borrowing costs too aggressively.
↗Microsoft and Meta are set to open a pivotal week of Big Tech earnings as investors demand proof that huge AI investments will translate into durable growth. Analysts expect the largest cloud and internet platforms to increase AI outlays sharply, intensifying scrutiny of margins, capacity buildouts, and whether the spending spree is sustainable.
↗Tensions between Washington and Tehran escalated after President Donald Trump said a large US naval force was heading toward Iran and urged Tehran to negotiate a nuclear deal. Iran’s UN mission responded that it is open to dialogue on mutual respect but would defend itself if pushed, raising fears that the standoff could slide into open conflict.
↗Rep. Ilhan Omar was sprayed with a strong-smelling liquid during a Minneapolis town hall, where she had been criticizing immigration enforcement and calling for the DHS secretary’s resignation. A suspect was tackled and arrested, and police said forensics were called to the scene as Omar continued the event after the incident.
↗The Centers for Medicare & Medicaid Services announced a new set of 15 high-cost drugs selected for Medicare price negotiations, including Botox and the diabetes drug Trulicity. Negotiations will take place in 2026, and negotiated prices will take effect January 1, 2028. CMS said the selections include, for the first time, drugs payable under Medicare Part B as well as Part D, and also identified Tradjenta for renegotiation.
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