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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: For the war to end, Russia must lose, Scholz said in Davos. EU countries are arguing about new money to support the economy ahead of the summit. The IMF does not expect the outlook for the global economy to worsen, the fund's head said. The Ministry of Culture will support cooperation between designers and businesses. The British central bank raised interest rates to four percent, the highest since 2008. The EBRD invested a record 13.1 billion euros last year, part of which went to Ukraine. Hampl: The Czech economy should return to price stability as soon as possible. The Swiss central bank reported a record loss of 132 billion francs. Oxfam: Extreme wealth and poverty have increased simultaneously for the first time in 25 years. The Entrepreneur of the Year of the Zlín Region is Tomáš Dudák, CEO of Spur. Allianz Trade: Global economic growth could accelerate next year. The number of personal bankruptcies in Slovakia increased by almost 12 percent last year. According to Pavel, pension and tax reforms are necessary, they need to be explained to people. Thousands of people have been waiting outside 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. German GDP fell by 0.2 percent in the fourth quarter, up 1.8 percent for the whole year. The British economy surprisingly grew in November, supported by football. An exhibition marking the anniversary of the currency separation opens in the Czech National Bank visitor center. Reuters: Japanese worker's salary increased for the first time in 20 years. The World Economic Forum meeting will have a record attendance this year. Domestic start-ups attracted investments worth tens of billions of CZK last year. Dun & Bradstreet: The number of unreliable VAT payers increased by 13 percent last year. Study: In the Czech Republic, the number of bankruptcies of companies and entrepreneurs increased month-on-month in January. 921 personal bankruptcies were declared in the Czech Republic in January, 39 more than in December. Economists from Goldman Sachs have improved the outlook for the eurozone, they no longer expect a recession. German industry returned to growth in November, but some companies expect a downturn.

Stock exchanges: Analysts: Gold rose by 18 percent in three months, in korunas by three percent. World Gold Council: Central banks bought the most gold last year since 1967. NWT's creditors reported claims for almost 1.682 billion crowns. The world's largest gold miner Newmont wants to take over its competitor Newcrest. BASF and Eramet plan nickel and cobalt processing plant in Indonesia. EUObserver: Mine in the Arctic part of Sweden threatens the indigenous Sami population. The value of the emission allowance markets rose to a record 850 billion euros last year.

Finance: Former CNB governor Jiří Rusnok will be an advisor to the Allianz board of directors from February. Survey: 35 percent of Czechs have experience with investing. Hartenberg from Babiš's trust funds multiplied net profit to CZK 130 million. Russia's largest bank Sberbank's profit fell by 76 percent last year due to sanctions. The quarterly profit of Goldman Sachs and Morgan Stanley banks fell significantly. Lebanon promised to pay a debt to the UN to regain voting rights. WHO needs $2.54 billion this year, facing a large number of crises. Mastercard: Retail sales before Christmas rose 11.4 percent year-on-year. Société Générale's net profit fell by almost two-thirds last year. Bloomberg: Goldman Sachs plans to lay off about 3,200 employees. Austria's Raiffeisen Bank International saw a sharp increase in profits last year. Aircraft leasing companies are assessing risks in China and Taiwan.