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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: 30 people were indicted in the 438 million ČKD Praha DIZ fraud case. Industry and construction slowed down in November, foreign trade still in deficit. Allianz: Cyberattacks and disruptions remain the biggest risks for companies. According to Reuters, Greece has repaid its loan from the eurozone early for the first time. Bloomberg: The decline in real estate prices in Sweden may deepen the economic crisis. In Slovakia, the number of personal bankruptcies increased by almost 12 percent last year. Hot tub manufacturers USSPA saw their profit after tax fall to 13 million CZK last year, while sales increased. Reuters: Japanese worker's salary increased for the first time in 20 years. Oxfam: Extreme wealth and poverty increased simultaneously for the first time in 25 years. Survey: German companies expect only a slight recession in the German economy. The BDI industry association expects the German economy to contract by 0.3 percent this year. Economists from Goldman Sachs have improved their outlook for the eurozone, no longer expecting a recession. According to a CRIF study, the number of bankruptcies of companies and entrepreneurs in the Czech Republic fell last year. Allianz Trade: Global economic growth could accelerate next year. Survey: German companies plan to expand activities in Africa next year. According to the IMF chief, global economic growth should rebound from the bottom this year. EU and Czech residents are most concerned about the rise in the cost of living, according to Eurobarometer. EY: American companies dominate the stock market despite losses by technology companies. The inflation rate in France surprisingly fell to 5.9 percent in December. The Czech Republic is the only EU country whose national debt increased in the third quarter of last year. Analysts: Industry grew the least in November since July, thanks only to car production. Domestic start-ups attracted investments worth tens of billions of CZK last year. Analysts criticize the government for not reforming public finances in the first year. Markets underestimate the ECB's determination to continue raising rates, a member of the Governing Council warned. The British economy grew surprisingly in November, supported by football. Analysts: The November decline in construction production does not indicate a crisis in the sector. The Czech Republic enters 2023 with a presidential election, people will go to the polls again in a year. For the war to end, Russia must lose, Scholz said in Davos.

Stock markets: 2023 will be a difficult year for investments, analysts recommend bonds or gold. BASF and Eramet plan a nickel and cobalt processing plant in Indonesia. Gas for the European market continues to fall in price, reaching 70 euros per MWh in the morning. The price of gas for the European market has fallen below 70 euros per megawatt hour. Bloomberg: Tesla is preparing to conclude a preliminary agreement to build a plant in Indonesia. Traders: Czechs are selling their savings in precious metals more often.

Finance: Jack Ma will no longer control the Chinese fintech giant Ant Group. Hartenberg from Babiš's trust funds multiplied net profit to 130 million CZK. The quarterly profit of Goldman Sachs and Morgan Stanley banks fell significantly. Banks: The share of problematic bank loans to households fell further. Analyst: Oil and gas prices have increased this year, industrial metals have generally become cheaper. Index: The value of all types of mutual funds fell in December. New York State Charges Founder of Crypto-Credit Firm Celsius with Fraud. Bloomberg: Goldman Sachs to Lay Off 3,200 Employees. US Agency Extends Sanctions Exemption for Sberbank CZ, Sales May Continue. Aircraft Leasing Companies Assess Risks in China and Taiwan. Audit Firm Mazars Suspends Crypto-Creative Clients.