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PRAGUE NEWS INDEX28 / 04 11 2026

English-language Prague and Czech political, civic and cultural news.

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Chronological file / page 09

099Latest

Markets brace for Fed week as gold tops $5,000 and winter storm snarls U.S. travel

U.S. stock futures were nearly flat Monday as investors looked ahead to a packed week of Big Tech earnings and a Federal Reserve rate decision. Safe-haven demand pushed gold futures past $5,000 an ounce, while a sweeping winter storm triggered widespread flight cancellations and renewed concerns about consumer disruption.

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101Tech

Rare earths become a strategic tech priority as U.S. backs domestic magnet production

The U.S. government’s proposed investment in USA Rare Earth underscores how critical minerals have become a central technology and national-security issue. Rare earth elements feed everything from smartphones and robotics to electric vehicles and advanced defense systems, and policymakers are increasingly using finance tools to expand domestic capacity.

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105World

Israel says remains of last Gaza hostage recovered as ceasefire edges into next phase

Israel confirmed it recovered and identified the remains of Rani Gvili, described as the last hostage held in Gaza from the Oct. 7, 2023 attacks. The development closes a long-running chapter in the hostage crisis and comes as mediators press Israel and Hamas to proceed with the second stage of a fragile U.S.-brokered ceasefire. The return of the final hostage remains is expected to remove a key obstacle to steps such as limited reopening arrangements at the Rafah crossing and broader implementation measures.

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106Tech

Commerce CHIPS office signs letter of intent with USA Rare Earth to onshore ‘mine-to-magnet’ capability

The Commerce Department’s CHIPS Program Office announced a non-binding letter of intent to support USA Rare Earth with up to $277 million in direct funding and up to $1.3 billion in a senior secured loan. The plan targets a vertically integrated domestic supply chain for critical minerals and neodymium iron boron magnets used across advanced manufacturing, including parts of the semiconductor ecosystem. The proposed funding would support projects in Texas and Oklahoma, with commercial mining targeted for 2028 and expanded magnet output planned in Stillwater, Oklahoma.

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107Business

Commerce Department backs USA Rare Earth with $1.6B package to build ‘mine-to-magnet’ supply chain

The U.S. Commerce Department is investing in USA Rare Earth through a proposed $1.6 billion package that includes $277 million in direct funding and a $1.3 billion senior secured loan, in exchange for an equity stake and warrants. The move is part of a broader effort to reduce dependence on China for rare-earth processing and strengthen domestic supply chains for manufacturing and national security. USA Rare Earth plans projects in Texas and Oklahoma to support a vertically integrated path from mining to magnet production.

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108Latest

Markets brace for Fed decision as gold hits new records and winter storm disrupts travel

U.S. stock futures were little changed heading into a packed week that includes major tech earnings and a Federal Reserve rate decision. Investors pushed gold to fresh highs above $5,000 an ounce as geopolitical and policy uncertainty lingered, while a sweeping winter storm triggered thousands of flight cancellations across major East Coast hubs. Meanwhile, renewed tariff rhetoric toward Canada added another layer of risk for markets already on edge.

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