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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: We have to admit that our income is not enough for our expenses in the long term, said Rusnok. According to estimates, the annual inflation in February probably increased slightly. Analysts: Industry mainly prevented a larger economic decline. CNBC: Goods made in China are encountering new logistical problems. Experts: Developments in the allowance market were the most interesting this year. Confidence in the economy increased in December after a two-month decline. Analysts: Construction will also fall next year, by up to six percent. The Ministry of Finance sold bonds for CZK 21 billion today amid great interest. The Turkish Central Bank banned payments in cryptocurrencies. The Ministry of Finance sold bonds for CZK 14 billion today, interest was higher again. Unicorn Group increased its sales year-on-year to CZK 4.7 billion. Britain is considering its own digital currency, which could be called britcoin. The Office for Competition and Consumer Protection imposed a fine of CZK 4.5 million on Skyport. Employers: The Czech economy may start growing in 2021. CEBR: China will overtake the US in economic terms as early as 2028. Oil has become cheaper since last week, the price of gasoline has not changed.

Stock exchanges: Turkey announced the discovery of a giant gold deposit. Bloomberg: De Beers raised diamond prices, the most in several years. Another investor will join the manganese mining project near Chvaletic. Retail investors have moved from GameStop shares to silver. China has increased quotas for mining precious metals to a record. Analysts: Gold price up 20 percent this year, outlook good. World demand for gold fell 14 percent last year to 3,760 tons. Silver demand could be highest in eight years this year. Reuters: Oil prices hit record low this year, concerns persist.

Finance: Survey: Czechs consider bank account data to be most sensitive. Analysts: Gold and silver fell this year, platinum, copper and oil rose in price. Housing loans rose by seven percent in November to 22.1 billion. Government bond yields are expected to rise this year. The head of the Polish central bank does not rule out further interest rate cuts. PPF Group wants to negotiate with Moneta for the second time about merging with Air Bank. Partners Group has filed an application for a banking license with the Czech National Bank. Coalition: Revenues of leading investment banks were record high last year. Israeli brokerage eToro will enter the US stock exchange. Petr Staněk will head the CNB's statistics department from January. Interest in bonds for citizens in the ninth issue has increased, a new one is starting. Michl expects the fastest economic growth in history in the 2nd quarter. Survey: Three quarters of Europeans try to help others at Christmas. Bank loans fell by 620 billion in December to 5.61 trillion CZK. Commodity funds earned the most in January, bond investors lost. Mastercard: Half of Czechs use biometric payment verification. Bank loans fell by 36 billion in November to 6.2 trillion CZK. France will close almost 40 percent of cash handling centers. The Hungarian Central Bank has tripled the amount of gold in its reserves. The pension company from the Partners group will be called Rentea.