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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: An exhibition to mark the anniversary of the currency separation opens at the CNB visitor centre. PwC: 73 per cent of CEOs expect a global economic downturn this year. The number of banknotes and coins in circulation increased last year, but their value fell. The number of pub and bar bankruptcies in Britain rose by 83 per cent last year. The British economy grew surprisingly in November, boosted by football. Cross-border payments for online purchases will be recorded to combat fraud. Architect and entrepreneur Vladimír Stehlík, associated with Poldi Kladno, has died. The UN estimates that global economic growth will slow to 1.9 per cent this year. According to Pavel, pension and tax reforms are necessary and must be explained to people. Taiwan's economy shrank the most in 13 years in the quarter due to weak exports. Dun & Bradstreet: The number of unreliable VAT payers increased by 13 percent last year. Allianz Trade: Global economic growth could accelerate next year. The Fed, as expected, raised the base interest rate by a quarter of a percentage point. Analysis: The number of sole proprietors in the Czech Republic decreased by 1,300 last year, while the number increased in previous years. Lawyer Michal and businessman Überall filed constitutional complaints in a tax case. The Slovak economy maintained its quarterly growth rate, but the year-on-year growth rate slowed. Lagarde: The economic outlook for the eurozone has improved despite high inflation. CZK 108 billion was paid out from the IROP program in the period ending, 72 percent of the total amount. The Budějovické bishopric recovered from losses and revalued its investment assets. The markets underestimate the ECB's determination to continue raising rates, warned a member of the Governing Council. Allianz: Cyberattacks and disruptions remain the biggest risks for companies. Thousands of people have been waiting outside the Czech National Bank since morning to receive a special thousand-crown note. BBC: How much does Russia have in reserves and how long will it last?. The Czech Republic is the only EU country whose national debt increased in the third quarter of last year. Oxfam: Extreme wealth and poverty increased simultaneously for the first time in 25 years. Thousands of people have been waiting outside the Czech National Bank since morning, wanting to receive a commemorative thousand-crown note. German GDP fell by 0.2 percent in the fourth quarter, up 1.8 percent for the whole year.

Stock markets: CNBC: The world is facing a copper shortage that could last until 2030. The world's largest gold miner Newmont wants to take over competitor Newcrest. Analyst: Energy prices fell significantly on the stock exchanges in January, gold rose in price. Nine people died after a collapse in a gold mine in Burkina Faso. BBC: Botswana sold diamonds for a record $4.5 billion last year. The value of the emission allowance markets rose to a record €850 billion last year.

Finance: Lebanon promised to pay a debt to the UN to regain voting rights. Aircraft leasing companies are assessing risks in China and Taiwan. Austria's Raiffeisen Bank International increased profits sharply last year. Deutsche Bank increased pre-tax profits by 68 percent last year to a 15-year high. Hartenberg of Babiš's trust funds multiplied net profit to CZK 130 million. Mastercard: Retail sales before Christmas rose by 11.4 percent year-on-year. Credit Suisse bank has the deepest loss since the 2008 crisis last year. The largest Russian bank Sberbank's profit fell by 76 percent last year due to sanctions. Insurance companies uncovered fraud worth more than a billion CZK last year, more than a year ago. Former CNB governor Jiří Rusnok will be an advisor to the Allianz board of directors from February. JPMorgan and Bank of America increased profits, but Citigroup's profit fell. Senate constitutional committee does not want the right to pay in cash to be constitutionally enshrined.