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Czech Prime Minister Petr Fiala has welcomed an agreement settling IP disputes between KHNP and Westinghouse which threatened to complicate the planned expansion of the Dukovany nuclear power plant in the Czech Republic. The dispute occurred when Westinghouse claimed that KHNP’s nuclear plant designs utilized its Washington-licensed technology after KHNP was awarded the tender for the Czech Republic’s $17 billion project to build two new nuclear reactors in Dukovany in July last year. The US company insisted that the Korean power agency needed its permission to export the nuclear reactors. The agreement between the two companies was also welcomed by the power utility ČEZ, which is in charge of the Czech nuclear tender. It has said that it wants to complete negotiations with KHNP on the contract by the end of March.
The Prague Stock Exchange has reached its highest level since mid-December 2007. The PX index gained 1.49 percent to 1,838.52 points on Friday. It rose for the fourth time in a row. The vast majority of Prague Stock Exchange issues also improved. It was pulled up mainly by the appreciation of shares of the energy company ČEZ, Komerční banka and Moneta Money Bank. Moneta's shares recorded the highest price since it entered the stock market in 2016. The last time the PX index was higher than this Friday was December 12, 2007.
Czech Foreign Minister Jan Lipavský will represent Czechia at the World Economic Forum (WEF) in Davos next week, the Ministry of Foreign Affairs said on its website. Mr. Lipavsky will meet with government representatives, NGOs and experts from the banking and IT sectors to discuss the impact of technology and the security situation in Europe and the world on the economic outlook in the coming years. He wants to devote particular attention to the dangers of hybrid threats and disinformation campaigns in the present day and age. Minister Lipavský is also due to meet with his counterparts from Ukraine, Switzerland and Thailand on the sidelines of the forum.
Convoys of British troops on their way to a NATO exercise in Romania will start moving through the Czech Republic as of Sunday night. According to the General Staff, about 300 soldiers with more than 100 pieces of equipment will travel in several convoys and will cross the Czech Republic in the night and early morning hours until 26 January. The convoys will arrive from Germany via the Krásný les border crossing and continue along the D8 motorway, the Prague ring road, D1 and the I/38 road to the Rančířov military complex in the Jihlava region. From there, they will then move to the Břeclav border crossing on the I/38 road and the D1 and D2 motorways. The troops will return from the exercise in March.
The Czech Road and Motorway Directorate is fighting a never ending battle with illegal billboards on motorways and first-class roads, the ctk news agency reported, citing statistics from the Ministry of Transport. In the autumn of 2017, when a ban on billboards in the close vicinity of main roads took effect, road workers counted approximately 3,000 illegal billboards, and according to the ministry's spokesman most of the original ones were dismantled. However new ones appear in their place as fast as they are taken down. At the moment, according to the Regional Directorate of Transport, there are approximately 3,700 illegal billboards of all shapes and sizes along the roads under its management, although 717 were dismantled last year alone. Billboards were banned in the close vicinity of main roads for safety reasons. People who put them up illegally have to dismantle them at their own cost and pay a fine.
Almost a quarter of internet users in the Czech Republic purposely avoid online news and half do not want to see selected news topics, according to the results of a poll by ResSOLUTION Group and Nielsen among more than 1,000 respondents over the age of 15. Daily news consumers on electronic devices still overwhelmingly prefer to go to news sites for this type of content, which is true for both computer, smartphone and tablet users. Approximately one-tenth of smartphone users and a similar proportion of tablet users use an app installed on a news site.
Sunday should be clear to partly cloudy and mostly dry with day temperatures between 2 and 6 degrees Celsius.
Czech language from the perspective of a linguist, broadcaster and soon an author Danny Bate.
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