Czech PMI posts 46.1 in May

By Albin Sybera The Czech Manufacturing Purchasing Managers’ Index (PMI) compiled monthly by market intelligence company S&P Global posted 46.1 in May. This is an improvement from 44.7 in April, although still indicating a decline in the country’s manu…

G7 supports Biden’s plan for ceasefire in Gaza Strip

The Group of Seven (G7) has endorsed the US plan for a ceasefire in the Gaza Strip and calls on Hamas to accept it, according to a statement released by the Italian presidency of the G7. “We call on Hamas to accept this deal, that Israel is ready to mo…