In Ukraine in a day, what in Afghanistan in a month. The West is catching up with ammunition stocks — ČT24 — Czech Television

After the collapse of the Soviet Union, European countries drastically reduced their defense budgets, armies and arsenals. With the subsequent rise of al-Qaeda, they have focused on fighting terrorism, which requires other military investments and lighter forces, the NYT notes. Even NATO’s long engagement in Afghanistan, the paper said, bore little resemblance to the gun- … Read more

Czech industry has packed up warehouses, which is stepping up inflation

Czech industry is accumulating supplies to an unprecedented extent, fearing further logistical crises. However, this hamster is a major source of inflation, comments economist Lukáš Kovanda on the latest data on the state of the Czech manufacturing industry, published by IHS Markit. Fortunately, the current global logistics crisis is subsiding, Kovanda adds. Conditions in the … Read more