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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: PwC: 73 percent of CEOs expect a global economic downturn this year. Reuters: Japanese worker gets first pay raise in 20 years. Partners pledge $30 billion to Africa to boost food production. Markets underestimate ECB's determination to keep raising rates, warns Governing Council member. Oxfam: Extreme wealth and poverty increased simultaneously for first time in 25 years. Dun & Bradstreet: Number of unreliable VAT payers rose 13 percent last year. Senate committee does not support breaking banking secrecy due to OLAF investigation. EBRD invested a record 13.1 billion euros last year, part of which goes to Ukraine. Goldman Sachs economists improve outlook for eurozone, no longer expecting recession. The Czech National Bank has improved its economic development forecast, expecting a 0.3 percent decline in GDP this year. Allianz Trade: Global economic growth could accelerate next year. The Ministry of Culture will support cooperation between designers and businesses. The IMF does not expect the outlook for the global economy to worsen, the head of the fund said. Thousands of people have been waiting in front of the Czech National Bank since morning, wanting to receive a commemorative thousand-crown note. Taiwan's economy fell the most in 13 years in the quarter due to weak exports. Analysis: The number of self-employed people in the Czech Republic fell by 1,300 last year, while the number increased in previous years. The inflation rate in Argentina exceeded 94 percent, the fifth highest in the world. The BDI industry association expects the German economy to decline by 0.3 percent this year. The number of banknotes and coins in circulation increased last year, but their value decreased. Domestic start-ups attracted investments worth tens of billions of CZK last year. Allianz: Cyberattacks and disruptions remain the biggest risks for companies. Cross-border payments for online purchases will be recorded due to the fight against fraud. Hampl: The Czech economy should return to price stability as soon as possible. Lawyer Michal and businessman Überall filed constitutional complaints in a tax case. According to Pavel, pension and tax reforms are necessary, they need to be explained to people. The World Economic Forum session will have a record attendance this year. Indian businessman Adani's empire continues to lose value rapidly after the indictment.

Stock exchanges: Nine people died after a collapse in a gold mine in Burkina Faso. The world's largest gold miner Newmont wants to take over its competitor Newcrest. EUObserver: Mine in the Arctic part of Sweden threatens the indigenous Sami population. Analysts: Gold rose 18 percent in three months, 3 percent in korunas. BBC: Botswana sold diamonds for a record $4.5 billion last year. Sweden's LKAB found the largest known rare earth metal deposit in Europe. BASF and Eramet plan a nickel and cobalt processing plant in Indonesia.

Finance: Leading American banks JPMorgan and Bank of America increased quarterly profits. Deutsche Bank increased pre-tax profit by 68 percent last year to a 15-year high. JPMorgan and Bank of America increased profits, but Citigroup's profit fell. US authority extended Sberbank CZ's exemption from sanctions, sales can continue. Index: The value of all types of mutual funds fell in December. Fraudsters have robbed two women from Prague of more than four million crowns. Lebanon has promised to pay a ransom to the UN to regain its voting rights. Aircraft leasing companies are assessing risks in China and Taiwan. Senate constitutional committee does not want the constitutional enshrinement of the right to pay in cash. Hartenberg from Babiš's trust funds multiplied net profit to 130 million CZK. Moneta Money Bank increased net profit by 30.2 percent to 5.19 billion CZK last year.