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Tuesday 28.07.2015 | Name days: Cecīlija, Cilda

Hillary Clinton parties in Columbia

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Secretary of State Hilary Clinton has been spotted dancing and drinking beer during Colombian diplomatic summit.

Though she was pictured partying with friends, the 64-year-old showed no signs of a hangover as she travelled from Colombia to Brazil on Monday to continue her South American diplomatic trip, reports Daily Mail.

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LCCI meets with Russian trade and commerce chambers

The management of Latvian Chamber of Commerce and Industry departed for Russia on Tuesday, 28 July in order to meet with their Russian counterparts in Moscow and Nizhny Novgorod.

Largest Nordic cooperatives express interest for Latvijas piens

Danish-Swedish Arla Foods concern could be a potential owner of Jelgava’s Latvijas piens. This company was mentioned during talks regarding the sale of 55.36% of shares in Latvijas piens, according to unofficial information from LETA.

Russia's rouble down to four-month low against euro

Affected by growing global oil oversupply and falling oil prices, Russia's national currency – the rouble – has hit a four-month low against the euro.

Submission of candidates for post of NEMC Chairman open until 28 August

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State Police arrest 66 bribers in Zemgale region

Thanks to enhanced bribery-combating measures, Zemgale region’s State Police have managed to arrest a total of 66 individuals for bribery in the first half of 2015, as reported by Zemgale administration of State Police.

Fake Apple smartphone factory persecuted in China

Chinese police has raided a factory blamed for producing around 41 000 counterfeit Apple iPhones.

Russia bans multiple canned fish products from Latvia

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NATO to discuss Turkey's involvement in warfare in Syria and Iraq

Representatives of the 28 NATO states are expected to hold an emergency meeting on Tuesday, July 28, to discuss Turkey's recent raids against the Islamic State group and Kurdish militants.

Consumption expenditure of Riga households on a rise

Average monthly household consumption expenditure per household member comprised EUR 299 in 2014, which is EUR 1.24 or 0.4% less in comparison with 2013. Taking into account the 0.6% increase of consumer prices, consumption expenditure at constant prices has reduced by 1.0%.

Construction costs dip 0.5% in Latvia in June 2015

Compared to May, the level of construction costs in Latvia had reduced by 0.5% in June 2015. Prices of building materials fell by 1.1%, maintenance and operational costs of machinery and equipment did not change significantly, but labour remuneration of workers increased by 0.6%.

Refugees may arrive in Latvia every three months

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Olympic purchases 20 casinos in Latvia

Estonian gambling company group Olympic Entertainment Group (OEG) has acquired Latvian casino firm SIA Garkalns and its 10 gambling establishments in Riga and ten more in other Latvian cities.

Swedbank outlook: state budget expenses – how much and for whom?

Without political decisions to significantly increase tax revenue from GDP, it will not be possible to increase budget expenses in the next couple of years, believe Swedbank experts.

Eurotunnel under English Channel resumes normal operation after delays caused by migrants

Eurotunnel freight, car and passenger railway services are returning to normal schedule on Monday, July 27, after work overnight to clear delays following disruption caused by migrants.

Economic Diary of Latvia. A bit of demographic futurology

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Week in Lithuania. London court dismisses ex-Snoras owners’ extradition appeal. Bankers have fled to Russia reportedly.

A London court has ended litigation over the extradition of Vladimir Antonov and Raimondas Baranauskas, former shareholders of Lithuania’s bankrupt bank Snoras who have recently fled from the UK to Russia.

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Among Baltic States, last year’s largest increase in number of newborns recorded in Latvia

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What needs to be done in getting Lithuanian expats back home?

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Last year’s most favourite luxurious cars of Latvian businessmen

A crisis has just passed Latvia and entrepreneurs do not feel all that threatened by the possibility of another one coming right around the corner. With that, the appetite for expensive cars has returned along with financial capabilities. Some Latvian entrepreneurs have not lost their appetite for truly exclusive cars, according to the list compiled by Lato Lapsa and Kristine Jancevska of TOP 45 luxurious cars favoured by Latvian entrepreneurs.

Last year turned out the best for Estonia’s tourism industry in the last five years

Data compiled by Estonian Tourism Council for 2014 shows that there has been a significant increase in the number of foreign tourists visiting the country. There was a significant increase in the number of German tourists in 2014. Visitors from Latvia are on the second place.

Security Police requests criminal prosecution in wire-tapping case at Riga Airport

Latvian Security Police has submitted materials to Riga District Prosecutor’s Office to launch criminal prosecution against 11 current and former officials of Riga International Airport in relation to unauthorized wire-tapping.

Two criminals escape from police isolator in Ogre

Two criminals managed to escape from a police isolator after attacking a guard on Thursday, 23 July. One of them was caught shortly after. The other one remains at large.

Andis Damlics elected Chairperson of Kekava Council

During an extraordinary meeting on Thursday, 23 July, Andis Damlics from Latvian Regional Alliance was elected Chairperson of Kekava Council.

Police warn about fraudsters that demand ransom for stolen cars

A new breed of fraudsters has appeared in Latvia. Using detailed information they get from social networks about certain users who have had their cars stolen, these criminals claim to be the ones behind those thefts and demand ransom for its return.