From July 2016 to July this year Latvia has recorded the largest growth in food prices among European member countries at the Organisation for Economic Co-operation and Development (OECD), and the third-largest increase across the OECD, reports Rus.lsm.lv.
The Federal Bureau of Investigation (FBI) has accused a Lithuanian man of using a phishing scheme to defraud two US internet companies of more than $100m. The funds were funneled to bank accounts in Latvia and Cyprus, linked to a small-capital limited liability company registered in Latvia. Lithuanian authorities have arrested the man following a request by the US, reported Rus.lsm.lv.
Konstantīns Purpurs, a member of the National Alliance party which is part of the ruling coalition, and formerly a board member of the associated All for Latvia! party, took in a conference hosted by Hungary's right-wing Jobbik party and signed a declaration on eliminating wage disparities across Europe, reported LTV7's Lichnoye Delo on March 17.
Just 49% of Latvian residents see the NATO alliance, of which Latvia has been a member since 2004, as providing guaranteed protection, whilst 16% view it as a threat. A further 29% see it as neither, according to an international Gallup opinion poll, reported Rus.lsm.lv.
The European Investment Bank (EIB) has granted Poland funds for modernizing the "railway line within the Rail Baltica project". However the route to be brought up to date is in the direction of Belarus, not Lithuania (and thus onward to Latvia and Estonia), reported Rus.lsm.lv December 21.
Poland may not extend its current long-term gas delivery contract with Russia's Gazprom when it terminates in 2022. Instead, the country would import Norwegian gas through a planned seabed link and in the form of liquefied natural gas (LNG), reported rus.lsm.lv via The Warsaw Voice Friday.
Māris Mančinskis, the former head of Swedbank Latvia, on Thursday will start working as executive director at the Russian regional bank Sanktpeterburg, reported rus.lsm.lv via local daily Delovoy Peterburg.
According to an European Commission report, among European countries Latvia is paying the most for pipeline natural gas deliveries. Only liquefied natural gas (LNG) Lithuania imports from Norway is more expensive, reported rus.lsm.lv Saturday.
Almost half of Latvians with access to the internet are using illicit torrent and streaming sites, making Latvia a world leader in online piracy, reported Rus.lsm.lv Tuesday.
The Russian Orthodox Church could possibly canonize the servants of Russia's last Tsar Nicholas II who were killed at the Ipatiev house at Yekaterinburg. If the initiative by the Yekaterinburg eparchy of the Russian Orthodox Church is adopted, Latvian footman Aloizs Lauris Trūps would rank among the newly canonized orthodox saints, reported Rus.lsm.lv Saturday.
The European Commission has announced new emissions reduction targets for its member states, tasking Latvia with reducing emissions 6% by 2030, reported Rus.lsm.lv Thursday.
The Plaza Centers NV company has sold the Riga Plaza shopping center to an unnamed global investment fund for €93.4m, reported Rus.lsm.lv Monday.
As the Estonian parliament on Tuesday voted 'Yes' to a petition in which Russia is called upon to release illegally imprisoned Ukrainian fighter pilot Nadiya Savchenko, it may impose a unilateral ban on 29 Russian officials tied to the case from entering the Schengen zone, reported EUobserver.
Mildronāts, the Latvia-made heart drug, has recently come into the international spotlight due to doping scandals. The inventor of the medicine, Ivars Kalviņš, has no rest from international media, while manufacturer Grindeks is gearing up production due to skyrocketing demand for the drug, reported LTV7 Thursday.
The Czech Republic could send up to 100 soldiers to serve with NATO forces in Baltic and Poland. Czech Defense Minister Martin Stropnický said the troops could be sent in the second half of 2016, reported Radio Prague.