The economic shake-out will continue

THE WORLD economy appears to have hit the peak of the business cycle in late 2003 and early 2004 and is now in a slowdown phase. After growing 4 percent in 2004, world GDP growth should slow to 3.2 percent in 2005 and then to 2.8 percent in 2006. There is nothing catastrophic in this scenario, but it does imply a trend reversal for business insolvencies around the world.

Slovakia condemns Lukashenko

SEVERAL hundred Belarus citizens continued to protest the victory of President Alexander Lukashenko on Minsk's main square following the country's March 19 presidential elections. European diplomats, including a representative from Slovakia, were on hand to support them.

Skiing it all the way until Easter

FINALLY, a few sunny almost spring-like days have arrived in the capital. In the mountains, though, the winter is taking its time to depart.

Roman Millan

Design for the dark and bright

IMAGINE you are living in the dark and you have to use all life's modern conveniences. How easy is it to cook or iron without burning yourself? When do you know you have poured a full glass or how do you know which side of your plate holds the potatoes and which side the meat?

Zuzana Habšudová

Slovak firms ignoring basic risk management tool

THE ROLE of treasury risk management at Slovak companies has been long underestimated. Many firms still don't seem to realize that fluctuations on financial markets can directly affect their bottom lines and their credit.

Rozsutec

UNDOUBTEDLY the most popular peak in the country is the national symbol of Slovaks, Kriváň peak, with its crooked silhouette. One that closely follows in popularity is the Rozsutec peak in the Malá Fatra mountain range.

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