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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: Analysts: The slowly recovering Czech industry will be affected by the war in Ukraine. Analysts: The Czech National Bank will not let the Czech currency weaken below 26.00 CZK per euro. Stock markets continue to lose, oil and other commodity prices are rising sharply. The EU will add another 160 Russians to the sanctions list, and will also punish Belarusian banks. The number of counterfeit banknotes and coins seized in the Czech Republic increased significantly last year to 6,836. Rising prices at gas stations are troubling Germany, Poland and Slovakia. Italy wants to reduce dependence on Russian gas, will negotiate with the EC on a price cap. 150,000 Ukrainian refugees have already arrived in the Czech Republic, the government wants to allow them to work. COVID guarantee disbursements increased by CZK 600 million month-on-month to CZK 73 billion as of February 15. Yellen: Coronavirus relief fund will help the US withstand shocks due to Ukraine. Japan revised GDP growth for the 4th quarter downward to 4.6 percent. Inflation in the Czech Republic may rise to around 13 and 14 percent, Rusnok said. IMF: Russia's attack on Ukraine could fundamentally change the global economic order. China wants to stimulate its economy by reducing taxes and other levies. Internet company Google has stopped selling online advertising in Russia. IMF approves $ 1.4 billion in emergency aid to Ukraine. Reuters: Beijing has urged state refineries to consider stopping exports in April. CNB has begun intervening in the foreign exchange market against the weakening of the koruna. The Chinese are buying Russian chocolate as a sign of support for Russia in the conflict with Ukraine.

Stock markets: Analyst: Ukrainian crisis could derail Musk's dream of cheaper electric cars. Norilsk Nickel owner warns against dragging Russia back to 1917. Nickel price hits record high amid concerns over disruption of Russian supplies. Oil and gold prices continue to rise, world in talks to ban Russian oil imports. Half of world neon production for chip production halted in Ukraine.

Finance: Woman in Vyškov found 15,000 CZK forgotten in ATM, not uncommon. Russia sent interest on dollar bonds as planned, awaiting results. Germany's No. 1 bank announces withdrawal from Russia after criticism. Russian Sberbank has record profit, will return deposits to people in Europe and will leave. IMF: Ukraine's economy could shrink by up to 35 percent this year. Moody's downgrades Russia's credit rating to second-lowest level. ECB to cut bond purchases faster due to high inflation. S&P significantly downgrades Belarus' credit rating. Household deposits in banks continued to grow in January, rising by CZK 28.3 billion. The Russian central bank and the fund may hold Chinese bonds worth up to USD 140 billion. Russia has remitted interest on dollar bonds as planned, awaiting results. ECB to cut bond purchases faster due to high inflation. PayPal suspends its services in Russia due to the invasion of Ukraine. Chotěbori has 105 million crowns left in Sberbank, the city had them for investments. S&P agency downgrades Russia's rating deeper into the junk zone. RTR: Some creditors received interest payments on Russia's dollar bonds. ČSOB was fined by the Czech National Bank, it failed to launch secure payments on the web in time. Russian banks turn to the Chinese system due to the departure of Visa and Mastercard. Russian banks turn to the Chinese system due to the departure of Visa and Mastercard. The ruble is at a record low, Russia prohibits payments to foreign investors. The World Bank approved loans and grants to Ukraine for 723 million dollars.