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ZLATOVNA ECONOMIC NEWS
A quick look at what's new in the world of economic policy, finance and precious metals.

Economy: Canadian economic growth surprisingly stalled at the end of last year. Refugees from Ukraine help alleviate labor shortage in Germany. Architect and businessman Vladimír Stehlík, associated with Poldi Kladno, dies. The Bishopric of Budějovice recovered from losses, revalued investment assets. The Vice Governor of the Czech National Bank denied that the central bank's steps would lead to higher inflation. Bloomberg: Musk returned to the position of the richest person in the world. Bartoš: We must accelerate the equalization of regions and not be dependent on EU subsidies. PwC: Czech companies need a predictable environment from the government above all. The number of banknotes and coins in circulation increased last year, their value fell. The government wants to prepare changes to the benefit system, it also mentions greater targeting of aid. The CNB Bank Board divided its responsibilities at a meeting after personnel changes. An exhibition marking the anniversary of the currency separation opens in the CNB visitor center. China remained Germany's largest trading partner last year, and has been for seven years. BBC: How many reserves does Russia have and how long will they last? Cross-border payments for online purchases will be recorded to combat fraud. Partners have promised Africa $30 billion to develop food production. iROZHLAS: The European prosecutor is investigating possible subsidy fraud by a company from the Olomouc region. The Slovak economy maintained its quarterly growth rate, but the year-on-year growth rate slowed. According to Pavel, pension and tax reforms are necessary and must be explained to people. Inflation in Turkey has slowed to 57.7 percent, but is higher than expected. People were still standing in queues today for the special thousand-crown note, which sold out in the afternoon. Companies convicted of insurance fraud will probably not have access to contracts. After five years, there are more people out of work than vacancies, unemployment is 3.9 percent. The number of bankruptcies and company reorganizations in the Czech Republic fell by three percent last year to 723.

Stock exchanges: Bloomberg: Tesla is considering taking over metal miner Sigma Lithium. Mining giant Glencore achieved record profits thanks to expensive oil and coal. Commodities rose sharply in price after the invasion, and many are now cheaper than before the war. The value of the emission allowance markets rose to a record 850 billion euros last year. The world's largest gold miner Newmont wants to take over its competitor Newcrest. Analyst: Energy prices fell significantly on the stock exchanges in January, gold rose in price. Analysts: Gold rose 18 percent in three months, three percent in crowns. Nine people died after a collapse in a gold mine in Burkina Faso.

Finance: Police: Fake bankers force callers to take out loans and deposit money in a bitcoin wallet. PayPal intends to lay off 2,000 people, which is about seven percent of its workforce. The number of payment cards in the Czech Republic fell by 77,000 year-on-year to 14.02 million. The WCA fund is bankrupt, according to a representative of creditors, people invested 2 billion in it. Survey: More than half of Czech rich people managed to increase the value of their assets last year. Mastercard: Retail sales before Christmas increased by 11.4 percent year-on-year. Falter: Austrian Raiffeisen is interested in the remains of Sberbank Europe. Survey: Apartment sales fell by more than half last year. The guarantee system paid 98 percent of compensation to 87,000 Sberbank clients last year. Analysis: Of the 1,094 corporate bonds in the Czech Republic, 186 are secured, or 17 percent. HSBC almost doubled its profit, but published a cautious outlook. Austria's Raiffeisen Bank International sharply increased its profit last year. Deutsche Bank increased its pre-tax profit by 68 percent last year to a 15-year high.