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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 Czech National Bank's base interest rate is already approaching its peak. Israeli GDP increased by 8.1 percent last year, showing the sharpest growth in 21 years. The US House of Representatives approved a proposal to strengthen the country's competitiveness. Study: China invested the most in Iraq last year in the New Silk Road project. The Japanese economy grew by 5.4 percent thanks to private consumption. The Polish economy grew by 5.7 percent last year, the most since 2007. The growth of business activity in the eurozone accelerated significantly in February, companies are raising prices. Unemployment in Britain remained at 4.1 percent, but the number of employed people decreased. The Czech National Bank (CNB) has raised its key interest rate to 4.5 percent, the highest since 2002. Russian attack on Ukraine has made oil and gas more expensive, likely to hit the European economy. Ukraine declares state of emergency, West imposes sanctions; Russia withdraws diplomats. Reuters: Ukraine crisis could have far-reaching effects on the European economy. Louis Vuitton to raise prices due to higher production and transportation costs. Czech National Bank: The direct impact of the conflict in Ukraine on Czech economic growth will be limited. India's central bank will introduce a digital currency in the next financial year. Czech household debt to banks rose to CZK 2.049 trillion in December. Rusnok: If estimates come true, there will be no need for further significant rate increases. WTO: The main reason for the shortage of goods is increased demand, the problems should ease. Indian tax authorities have intervened in several offices of the Chinese company Huawei. The defendants in the alleged tax evasion case involving JIP have pleaded not guilty. The US economy grew by 5.7 percent last year, the fastest since 1984. Reuters: China would provide diplomatic support to Russia if it invaded Ukraine.

Stock exchanges: Gold price hits more than a year-long high of $1,940 after attack on Ukraine. Gas price for the European market has risen by a third since the attack on Ukraine. Gold price nears nine-month high due to Ukraine crisis. Brent crude oil price tops $100 per barrel after Russia's attack on Ukraine. Gold hits three-month high due to Russia-Ukraine tensions. Bloomberg: Analysts disagree on whether there will be enough lithium on the market.

Finance: Analysts: Gold, silver and copper fell slightly in January, oil rose significantly. Greece will repay its last IMF loans by the end of March, the finance minister said. Rare coins dominated the ranking of the largest auctions on the auction portal Aukro in January. European and American banks are preparing for the impact of sanctions against Russia. NATO chief Jens Stoltenberg will be the new head of the Norwegian central bank. Ukraine is threatened with being cut off from air transport, Kiev wants to keep the skies open. Switzerland has ordered the blocking of transactions by people on the EU sanctions list. Reuters: Křetínský will probably sell his stake in Aareal bank. Russia is returning to the government bond market, securing almost a billion dollars. Fortune: How rich is Putin and why has he not yet been the target of Western sanctions? The number of private bankruptcies in Germany rose last year for the first time in ten years. The Russian central bank has raised its key interest rate to 9.5 percent, as expected. The largest cryptocurrency exchange Binance will acquire a stake in the media company Forbes. Buffett's Berkshire bought a significant stake in Activision. French banking giant BNP increased its quarterly profit by almost half. Brussels has extended the activities of British clearing houses in the EU by three years. NATO chief Jens Stoltenberg will be the new head of Norway's central bank.