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Monday 21.05.2018 | Name days: Ingmārs, Ernestīne, Akvelīna

Clinton believes he will not live until spring

The former president of the USA Bill Clinton believes he will die in a half-year's time, therefore he is prepared to death.According to the magazine The National Enquirer, the health condition of the former president, who is 63 years old, is getting worse, in addition he is losing weight.

Industrially developed countries may fall into the demographic trap

The society of industrially developed countries is aging, which in long-term can even lead to new financial crises, reports Financial Times.

USA faces the highest number of insolvency announcements since 2005

According to the data of the government of the USA, the number of insolvency announcements has reached its highest point since the year 2005. The economy of the USA is slowing and the level of unemployment has reached a two-digit number.

Skele: pensioners have devastated Latvia’s economy

Andris Skele is of the opinion that the indexation of pensions, done in 2008 as the result of the pressure from society, is one of the reasons why Latvia faces recession.

Slesers promises to reform KNAB and deal with Rimi and Maxima

The runner-up for the Prime Minister post, Ainars Slesers promises reforms after the elections, and claims that many dishonest and prospect -less politicians of Latvia will have to leave their posts.

Agreement to lower gas prices in Latvia

The head of AS Latvijas Gāze (LG) Adrians Davis (Adrians Dāvis) in the meeting of the Saeima Economic, Agricultural, Environmental and Regional Policy Commission announced that an agreement to lower gas prices in Latvia has been reached.

Andrejeva: gas tariffs will not be raised

The tariffs for heating should be neither raised nor changed until the New Year, the tariff in the sector of gas will not be changed as well.

Dombrovskis: the decision to reduce contributions to 2nd tier of the pension scheme is temporary

The decision of reduced pension contributions to 2nd tier of the pension scheme is a short- term option. The reduced payments could be extended for two years, until 2012, inclusive.

Slesers: Par Labu Latviju will not favor neither Urbanovics nor Dombrovskis

According to Latvijas Avīze, the Prime Minister's nominee from the political association Par Labu Latviju (PLL) Ainars Slesers (Ainārs Šlesers) has announced that PLL will not express its favor to the nominee for the post of Prime Minister from the party Saskanas Centrs (SC) Janis Urbanovics (Jānis Urbanovičs).

500 000 m3 of forest was damaged in the storm

The forest owners have to put up with losses after the storm, as several specialists of forest industry responded to newspaper Dienas bizness.

Mikelsons will be released on bail of LVL 50 000

Riga District Court has decided to release from custody the former Chairperson of AS Latvenergo Karlis Mikelsons (Kārlis Miķelsons), if security money of LVL 50 000 is paid in a month's time.

Rosņeft plans to profit from the existing debts

Although during the quarter of the year the amount of financial investments in Rosņeft has not changed, company’s total debt has increased by 53 billion rubles, or 7, 7% reaching 757, 7 billion rubles.

Men cheat on financially successful women more

According to a recent research, men tend to cheat more on women who earn more than they, rather than on the women whose level of income is lower or in the same amount as theirs.

The proceedings between airBaltic and airport Riga have been finished

The national airline A/S Air Baltic Corporation and the A/S Riga International Airport have signed a memorandum of agreement on the withdrawal of the proceedings and further cooperation, representatives of both parties informed the business portal

Latvians prefer watching TV in their free time

The majority of all of the groups of the correspondents choose to watch TV in their free time apart from working. This trend is especially popular with the people who have primary and seconadry education - correspondingly 75% and 76%. 69% of the correspondents with the higher education watch TV in their free time.

Competition announced for the posts of Chairman and members of the Board of A/S Latvenergo

According to an advertisement published in Dienas Bizness, A/S Latvenergo announces a competition for the posts of the Chairman and the members of the Board.

Reducing VAT for food by 10 % would lessen tax burden on low - income groups

After analysing the ways of reducing the tax burden on low-income population and making Latvia's taxation policy more progressive, one of the possible solutions proposed was to reduce the rate of value added tax (VAT) by 10% on food, as mentioned in Riga School of Economics (RSE) and Baltic International Centre for Economic Policy Studies (BICEPS) research on the tax policy in Latvia.

Bicevskis: balance between expenditures and revenues is planned for the next year

The State Secretary of the Ministry of Finance (FM) Martins Bicevskis in the morning news broadcast 900 seconds informed that for the budget plan of the next year, it is planned to reduce the disparity between the government expeditures and revenues.

NO to multi-storey parking lot for the new Latvia's National Library building

After the inspection carried out by the State Audit Office (SAO), the Ministry of Culture (MC) decided to reject the construction of the multi-storey parking lot and electric substation, which were intended to be built near the emerging structure of the National Library of Latvia (NLL), as reports the newspaper Neatkarīgā.

Latvia faces the second highest deflation in the EU in July

According to the data of the Statistical Office of the European Commision Eurostat, consumption prices in Latvia in July, as compared with the exact month of the previous year, have dropped by 0.7%.

Coalition interferes with decision making about excise tax for natural gas

Parliamentary coalition fractions today in Saeima session again interfered with the decision to abolish the excise tax for natural gas. They artificially created the lack of quorum.

Munkevics will be released from custody

As the prosecutor of the ex-Mayor Raymond Munkevics (Jurmala) Velta Zaļūksne has informed, on Monday Jurmala City Court decided to continue until the first September to apply ex-Mayor Raymond Munkevics (Jurmala - Our Home) a security measure custody. She also stated that he would be released from custody, if 50 000 were paid as a security deposit.

Drop by 0.1% in the volume of industrial production

According to the data of Central Statistical Bureau, the volume of industrial production decreased by 0.1% in June 2010, as compared with May 2010, after seasonally adjusted data at constant prices. This includes electricity and gas supply - by 1.9%; however, there has been an increase of 0.2% in manufacturing and by 1.9% in mining and quarrying.

Melngailis does not predict another real estate boom

The former Chairman of Parex bank Nils Melngailis does not consider that Latvia will experience another boom in real estate market.