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Wednesday 23.04.2014 | Name days: Jurģis, Juris, Georgs

Producer prices in Latvia up 0.6%

Compared to February, producer prices in industry in March 2014 decreased by 0.2%.

Cheap ‘spice’ outcompetes ecstasy pills

Last year, the volume of narcotic substances in Latvia had increased 6.5% in comparison with 2012, as reported by the head of Saeima’s Defence, Internal Affairs and Corruption Prevention Committee Ainars Latkovskis.

Still no clarity on the winner of the multi-million train procurement project in Latvia

End of this week marks one month since letters with offers to Pasažieru vilciens’ multi-million train procurement project were opened. However, there is still no exact information available on the winner.

Russia could face further sanctions if it fails to defuse tensions in Ukraine

With Moscow failing to act to moderate tensions in Ukraine, Russia risks facing further sanctions, U.S. Secretary of State John Kerry has warned.

USA to send 600 soldiers to Poland and Baltic States

USA plans to send 600 soldiers to Poland and Baltic States to participate in the upcoming military exercises, as it was reported by Pentagon this week.

BIG Bank to pay a fine of EUR 13,000 for misleading customers

Consumer Rights Protection Centre has imposed a EUR 13,000 large fine against BIG Bank for implementing misleading and substandard commercial practice.

Three persons are held suspect for causing the fire in Riga Castle

There are three prime suspects in the Riga Castle fire criminal case. All of them performed work prior to the fire and were all equally responsible for compliance with fire safety regulations in the building, reports the Chief of State Police Criminal Police Office Andrejs Grishins.

Latest trends in IT entrepreneurship to be reviewed in Estonia

This week in Estonia, there will be held an international IT conference on digitalised business models presenting IT best practices from various fields - agriculture, clothing industry, logistics, retail and creative industries.

NATO to carry out measures to ensure Baltic safety

This week, NATO plans to announce its future steps to increase the safety of the Baltic Sea region.

7 facts on Earth Day

April 22 is the international Earth Day, when more than a billion people throughout the world engages in ecology-themed events and learn about ways to make their lifestyle less harmful to nature. Here are seven facts on this significant annual event.

Jurmala’s real estate market would collapse without buyers from CIS countries

Without wealthy buyers from CIS countries, Jurmala’s expensive real estate market would have collapsed a long time ago. Two-thirds of the largest transactions in this city were performed by citizens of Russia and other CIS countries, as well as offshore companies owned by citizens of these countries.

South Korean President accuses captain of sunken ferry of committing murderous acts

After in South Korea three senior crew members were arrested in relation to the disaster, the country's President Park Geun-hye has blamed the captain of murdering almost 300 passengers.

Warm weather in Latvia to become colder this week

Latvia will remain under the influence of an anti-cyclone throughout the entirety of this week. No precipitation is expected. Wind speed will be moderate.

U.S. voices increased support to Ukraine; Russia accuses interim government in violating Geneva accord

U.S. Vice-President Joe Biden is meeting with members of Ukraine's pro-Western government. Meanwhile, funerals are due to take place for three men shot dead on April 20 in Eastern Ukraine.

Zolitude experiment: roof section's structure has collapsed

This Thursday, April 17th, as part of the police experiment, supports of the remaining section of the roof of the former Maxima supermarket failed to hold up the weight of water and collapsed, as reported by State Police press-representative Toms Sadovskis.

MEP: after Ukraine, Russia will turn towards Latvia

Russia will turn its gaze towards Latvia after it has finished annexing Ukraine’s territories, believes Polish MPE, member of the Foreign Affairs Commission and former Vice-President of the European Parliament Jacek Saryusz-Wolski.

Velmers and Prudentia plan to divide Liepājas metalurgs’ most precious asset

Opposite to previous statements and the government’s accepted solution, Liepājas metalurgs’ most precious asset – Liepājas osta LM – will likely be sold separately, as the company’s insolvency administrator and sales consultant Prudentia have begun taking steps to separate the most precious asset from the company.