4 131,00 USD

ZLATOVNA ECONOMIC NEWS
A quick look at what's new in the world of economic policy, finance and precious metals.

Economy: Inflation in France and Spain has surprisingly increased, further interest rate increases are expected. The Senate has rejected an initiative to constitutionally enshrine the right to payment in cash. The government wants to prepare changes to the benefit system, and also mentions greater targeting of aid. E15: A possible lack of background checks could cost CNB chief Michl his job, Pavel admitted. The New Zealand central bank raised the base interest rate to a 14-year high. The growth of the Canadian economy surprisingly stopped at the end of last year. IMF chief: There are disagreements on the issue of debt restructuring of troubled countries. Investor confidence in the eurozone economy fell for the first time in five months in March. The Czech economy entered recession in the fourth quarter of last year. USGS: Damage caused by earthquake in Turkey may amount to up to ten billion dollars. Exhibition to mark the anniversary of the currency separation opens at the CNB visitor center. Agency: Interest in land for photovoltaic construction is increasing by tens of percent. Inflationary pressures in the Czech economy are only slowly fading, analysts agree. BBC: How many reserves does Russia have and how long will they last? The CNB Bank Board divided its responsibilities at a meeting after personnel changes. Inflation in Turkey slowed to 57.7 percent, but is higher than expected. Hampl: High inflation is more reflected in budget expenditures than in budget revenues. Hampl: The Czech economy should return to price stability as soon as possible. The number of bankruptcies and company reorganizations in the Czech Republic fell by three percent last year to 723. The Russian Central Bank will extend the validity of restrictions on capital movements. The head of Exxon criticized the EU's energy policy, saying it went too far. People were still standing in queues today for a special thousand-crown note, which sold out in the afternoon. 921 personal bankruptcies were declared in the Czech Republic in January, 39 more than in December. Chamber of Commerce: Real wages have increased by 141 percent since the founding of the Czech Republic. Experts warn that 51 percent of people in the world may be overweight or obese in 2035. Bloomberg: Musk has returned to the position of the richest person in the world.

Stock markets: Commodities have risen sharply in price after the invasion, and many are now cheaper than before the war. The price of gas for the European market has fallen below 50 euros, the lowest since December 2021. Nine people died after a collapse in a gold mine in Burkina Faso. CNBC: The world is facing a copper shortage that could last until 2030. Bloomberg: Tesla is considering taking over metal miner Sigma Lithium. Analyst: Energy prices fell significantly on the stock exchanges in January, gold prices rose.

Finance: Societe Generale's net profit fell by almost two-thirds last year. Revolut increased sales by 33 percent last year, and the year before that it was profitable for the first time. Buffett's company Berkshire Hathaway had a record operating profit last year. Allianz insurance company increased its net profit by 1.9 percent last year to 6.7 billion euros. A Chinese company with a stake in a bankrupt American bank claims that it is operating stably. Credit Suisse bank has the deepest loss last year since the 2008 crisis. The Senate constitutional committee does not want the constitutional enshrinement of the right to pay in cash. The former head of the bankrupt Wirecard denied that he was involved in fraud. The number of people with third-pillar pension savings fell by 40,000 to 4.39 million. Survey: Apartment sales fell by more than half last year. The American SVB went bankrupt, it is the largest bank failure in the US since 2008. The number of payment cards in the Czech Republic fell by 77,000 to 14.02 million year-on-year. Fraudsters robbed two women from Prague of more than four million crowns.