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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: The Czech National Bank has improved its economic development forecast, expecting a 0.3 percent decline in GDP this year. An exhibition marking the anniversary of the currency separation opens at the Czech National Bank visitor center. Moody's agency has lowered Ukraine's rating deeper into the speculative zone to Ca. Almost half of companies in the Czech Republic are investing a fifth of their investments in digitalization. The Czech economy entered recession in the fourth quarter of last year. The České Budějovice bishopric recovered from losses and revalued its investment assets. Bartoš: We must accelerate the equalization of regions and not be dependent on EU subsidies. Lawyer Michal and businessman Überall have filed constitutional complaints in a tax case. Thousands of people have been waiting in front of the Czech National Bank since morning, wanting to receive a commemorative thousand-crown coin. The Senate rejected the initiative to constitutionally enshrine the right to pay in cash. Thousands of people have been waiting outside the Czech National Bank since morning to receive a special thousand-koruna note. USGS: Damage caused by the earthquake in Turkey may amount to up to ten billion dollars. Hampl: The Czech economy should return to price stability as soon as possible. Inflation in France and Spain has surprisingly increased, further interest rate increases are expected. The New Zealand central bank raised the base interest rate to a 14-year high. IMF chief: There are disagreements on the issue of restructuring the debt of troubled countries. The Czech National Bank's Bank Board divided its powers at a meeting after personnel changes. The government wants to prepare changes to the benefit system, and also mentions greater targeting of aid. China remained Germany's largest trading partner last year, having been so for seven years. Indian businessman Adani's empire continues to lose value rapidly after indictment. Canadian economic growth surprisingly stalled at the end of last year. Study: The number of bankruptcies of companies and entrepreneurs in the Czech Republic increased month-on-month in January. PwC: Czech companies need a predictable environment from the government above all. The Slovak economy maintained its quarterly growth rate, but the year-on-year growth rate slowed. The number of bankruptcies of pubs and bars in Britain increased by 83 percent last year.

Stock markets: Nine people died after a collapse in a gold mine in Burkina Faso. The world's largest gold miner Newmont wants to take over competitor Newcrest. CNBC: The world is facing a copper shortage that could last until 2030. The Brazilian government has deployed the army to fight illegal miners in the Amazon. World Gold Council: Central banks bought the most gold last year since 1967. Bloomberg: Tesla is considering taking over metal miner Sigma Lithium. Analyst: Energy prices fell significantly on the stock exchanges in January, gold rose in price.

Finance: The Senate Constitutional Commission does not want the constitutional enshrinement of the right to pay in cash. Survey: More than half of the Czech rich managed to increase the value of their assets last year. Survey: Apartment sales fell by more than half year-on-year last year. Moneta Money Bank increased its net profit by 30.2 percent to CZK 5.19 billion last year. Fraudsters robbed two women from Prague of more than four million crowns. Analysis: Of the 1,094 corporate bonds in the Czech Republic, 186, or 17 percent, are secured. Société Générale's net profit fell by almost two-thirds last year. Falter: Austrian Raiffeisen is interested in the remains of Sberbank Europe. Police: Fake bankers force callers to take out a loan and deposit money in a bitcoin wallet. The WCA fund is bankrupt, according to a representative of creditors, people invested 2 billion in it. Insurance company Allianz increased net profit by 1.9 percent last year to 6.7 billion euros. Turkey's current account deficit was the highest in at least a decade last year. HSBC almost doubled its profit, but published a cautious outlook.