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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: In Kroměříž and the surrounding area, the number of entrepreneurs decreased slightly last year, there are still over 12,000. Allianz: The biggest risk for companies remains cyberattacks and disruptions. People were still queuing for a special thousand-crown note today, it sold out in the afternoon. BBC: How much does Russia have in reserves and how long will it last?. Lawyer Michal and entrepreneur Überall filed constitutional complaints in a tax case. The Entrepreneur of the Year of the Zlín Region is Tomáš Dudák, CEO of Spur. The number of bankruptcies of pubs and bars in Britain increased by 83 percent last year. The British central bank raised interest to four percent, the highest since 2008. The amount of banknotes and coins in circulation increased last year, their value decreased. Markets underestimate ECB's determination to continue raising rates, warns Governing Council member. Moody's agency downgrades Ukraine's rating deeper into speculative zone to Ca. Senate committee does not support breaking bank secrecy due to OLAF investigation. Lagarde: Eurozone's economic outlook improved despite high inflation. CNB improves economic outlook, expects GDP to fall by 0.3 percent this year. Budějovické bishopric recovers from losses, revalues ​​investment assets. Number of bankruptcies and company reorganizations in the Czech Republic fell by three percent last year to 723. USGS: Damages caused by earthquake in Turkey may amount to up to ten billion dollars. Reuters: Japanese worker's salary increased for the first time in 20 years. Dun & Bradstreet: Number of unreliable VAT payers rose by 13 percent last year. According to Pavel, pension and tax reforms are necessary, they need to be explained to people. Domestic start-ups attracted investments worth tens of billions of CZK last year. China remained Germany's largest trading partner last year, and has been so for seven years. An exhibition marking the anniversary of the currency separation is opening in the CNB visitor center. 921 personal bankruptcies were declared in the Czech Republic in January, 39 more than in December. Allianz Trade: Global economic growth could accelerate next year. 108 billion CZK was paid out from the IROP program in the ending period, 72 percent of the total amount.

Stock exchanges: World Gold Council: Central banks bought the most gold last year since 1967. BBC: Botswana sold diamonds for a record $4.5 billion last year. BASF and Eramet plan nickel and cobalt processing plant in Indonesia. CNBC: The world is struggling with a copper shortage that could last until 2030. The world's largest gold miner Newmont wants to take over competitor Newcrest. Mining giant Glencore achieved record profits thanks to expensive oil and coal. Gold exports from Switzerland to a number of countries rose to multi-year highs last year.

Finance: The largest Russian bank Sberbank's profit fell by 76 percent last year due to sanctions. PayPal intends to lay off 2,000 people, which is about seven percent of its workforce. Moneta Money Bank increased its net profit by 30.2 percent last year to CZK 5.19 billion. Former CNB governor Jiří Rusnok will be an advisor to the Allianz board of directors from February. Survey: More than half of Czech rich people managed to increase the value of their assets last year. Former head of bankrupt Wirecard denies involvement in fraud. Confederation of Industry: Share of euro loans in companies has almost halved. WHO needs $2.54 billion this year, faces a large number of crises. Fraudsters defraud two women from Prague of more than four million crowns. Aircraft leasing companies assess risks in China and Taiwan. Turkey's current account deficit was the highest in at least a decade last year. Mastercard: Retail sales before Christmas rose by 11.4 percent year-on-year.