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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: Construction could fall the most since 2012. Analysts: Industry prevented a bigger economic slump. Inflation in the EU fell to 0.2 percent, the eurozone remains in deflation. WFP: Millions of people in Zimbabwe are at risk of hunger. Year-on-year inflation in February is estimated to have increased slightly. Employers: The Czech economy may start growing in 2021. The pandemic has significantly reduced emissions in Europe, in aviation by half. Arete sells real estate to Cromwell European for three billion CZK. The Office of the Competition and Consumer Protection imposed a fine of 4.5 million CZK on Skyport. Union: Ensuring mandatory testing will be difficult for small companies. CNBC: Goods made in China are facing new logistical problems. Diesel has become cheaper since last week, gasoline prices have not changed. Dina-Hitex: Resumption of mask production was an ethical obligation. CEBR: China will overtake the US economically in 2028. MF sold bonds for five billion crowns, interest was higher again. Confederation of Industry: Companies are trying to prevent the spread of Covid in operations.

Stock exchanges: Diamond producer Alrosa's profit fell by 49 percent last year. Interest in American gold and silver coins increased sharply last year. The US will impose final anti-dumping duties on aluminum from 18 countries. The price of gold has accelerated its decline, and developments in Turkey are also having an impact. Global demand for gold fell by 14 percent last year to 3,760 tons. Reuters: Oil prices have experienced a record drop this year, concerns persist. Bloomberg: De Beers has increased diamond prices, the most in several years. Analysts: Gold rose 20 percent this year, outlook is good.

Finance: France will close almost 40 percent of cash handling centers. Coalition: Revenues of leading investment banks were record last year. The Czech National Bank increased its profit last year to a record 91.9 billion crowns. Czech companies' deposits exceeded loans by 75 billion crowns in November. The Partners Group has applied to the Czech National Bank for a banking license. Survey: Three quarters of Europeans try to help others at Christmas. The PPF Group wants to negotiate with Moneta for the second time about merging with Air Bank. Petr Staněk will head the CNB's statistics department from January. Bloomberg: People saved 2.9 trillion USD during the pandemic. The Turkish central bank raised the interest rate to 19 percent. Moody's affirmed the Czech Republic's rating despite the growth in debt. Fed: Leading US banks are in good shape despite the pandemic. The price of silver fell today after Monday's six-month record. CNBC: Morgan Stanley will allow investments in bitcoin. The Fed promised to buy bonds until the economy recovers. LN: J&T Banka bought its headquarters in Invalidovna for 2.1 billion crowns. The price of gold increased by 14 percent in the year of the pandemic, and oil also became more expensive. Bank loans fell by 36 billion to 6.2 trillion CZK in November. Israeli brokerage eToro will enter the US stock exchange. EIB will lend almost nine billion crowns to Czech companies. The head of the Polish central bank does not rule out further interest rate cuts.