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Monday 25.09.2017 | Name days: Rauls, Rodrigo

Japanese create a calorie-free beer

The Japanese have created the world’s first calorie-free beer, which contains zero calories. Experts have predicted that this invention will have success in the future.

Lukashenko seeks alternatives to Russian oil

The President of Belarus Alexander Lukashenko is seriously searching for alternatives to Russian oil, announcing that Belarus does not intend to fight with Russia in all the possible ways.

Latvia losing its competitiveness in logistics

In the recent months Latvia has been losing its competitiveness in transit logistics due to the risen costs in Latvia's transit corridor, indicates Aivars Taurins (Aivars Tauriņš), Logistics Association of Latvia Chairman of the Board, in BNN.LV interview.

Mancinskis: the amount of problematic credits stabilizes

According to the Chief Executive of Swedbank Maris Mancinskis (Māris Mančinskis), together with increasing solvency, which is associated with the overall improvement of the economic situation, the amount of problematic credits is also stabilizing.

Despite unstable U.S. and EU market, L'OREAL profit increases by 21%

The world's biggest cosmetics manufacturer L'OREAL revenue in the first half of this year has increased by 21%. The following results were achieved due to resumed sale of luxury perfumes in Asia and South America.

airBaltic shareholders meeting disapproves new Board

National airline AS Air Baltic Corporation (airBaltic) shareholders in a meeting on August 31th decided to postpone the election of the new Board.

Top prime minister candidates – Lembergs and Dombrovskis

Latvian society recognizes Aivars Lembergs (political party ZZS) and the current Prime Minister Valdis Dombrovskis (political party Vienotība) as the most popular proposed candidates for the post of Prime Minister.

Bank of England to set credit limitations in fears of new recession

The Bank of England, fearing new crisis wave, intends to introduce restrictions on the maximum amount of mortgage loan. In this way, the bank hopes to avert another financial crisis, while those who wish to get a mortgage, will have to open a special deposit account, issued by the creditor that will be 10 - 25% of property value.

Russia’s wealthiest children income redoubles

During this year, the number of wealthy children in Russia has increased by one half, but their total affluence – redoubled.

Consumer market booms in China

According to recent studies conducted by Economic Intelligence Unit, about 5% of consumers in world are inhabitants of China. The total amount of turnover in world is 36.9 trillion dollars (1.7 billion lats).

Nordea: Latvian economy improving

The situation in the Latvian economy is gradually improving and the lowest point has already been overcome in the beginning of the year. The most rapid improvement has been observed exactly in foreign trade, however household consumption has also resumed to increase slightly.

Specialist: price dumping in construction hits critical level

The Chairman of construction firm SIA Latvijas energoceltnieks (LEC), Andris Asars-Asarovskis, believes that price dumping in building industry has reached its critical level in company’s 20 years existence.

Berlin to open restaurant for cannibals

Berlin will open a restaurant for cannibals to whom food will be delivered by those who want to donate their organs. The new restaurant advertising campaign invites to deliver any body parts to the restaurant. The advertising campaign also announces that they require a surgeon, without prejudice.

Half Latvian local governments can be left without heating

The total debt for heating has already surpassed 20 million lats. The current data on heat debt shows that half of the local governments of Latvia can be left without heating.

IMF: crisis in the Baltics eases

After the recession experienced in the previous year, the economic crisis in the Baltic states eases and region's growth potential is improving, announced International Monetary Fund (IMF).

Oskins: fat years hangover heavier than expected

Currently we have woken up at another ditch. Two years ago there was huge supply, but no demand; however, now it is the other way round - when the demand of the domestic market has started to recover - there is lack of adequate supply. This applies to both new and little used cars.