Natural gas deposits found near the shores of Mozambique
The Italian Eni energy company and the American Anadarko Petroleum report about the discovery of two large natural gas deposits near the shores of Mozambique.
According to estimates, this deposit’s supply is 280 million m3 of «blue fuel». Eni specialists found natural gas deposits in that region last year as well.
The day before, the American Anadarko Petroleum reported about finding a large deposit 16 km away from the Northern shores of Mozambique. Initial estimates claim the deposit has from 198 to 565 million m3 of natural gas, the Voice of America writes.
Mozambique is already one of the largest natural gas exporter in Africa. The population of the country hopes that the development of new deposits will stimulate the development of national economy.
An economic growth was noted in Mozambique over the recent years; nevertheless, a large part of the country’s population still lives in poverty.
Ref: 104.109.109.1853
Additional experts attracted to the Liepājas metalurgs drama
In order to resolve the Liepājas metalurgs (LM) crisis, not only was Prudentia attracted without contest, but other specialists as well. Their attraction, which is expected to cost 100 000 LVL to the state budget, has been entrusted to Prudentia.
Germany – the most popular country in the world
Germany is the most positively viewed nation in the world in this year's annual Country Ratings Poll for the BBC World Service.
Road bridge collapses into river in U.S.
In state of Washington, a section of a road bridge has collapsed into the Skagit river.
Fuel contraband steals millions from Latvia
The state of Latvia annually loses up to 100 million LVL due to fuel contraband. This money could be potentially gained from excise tax on oil products, industry representatives note. According to them, the problem of fuel contraband is still notable in Latvia.
U.S. General: Latvia is a leader in creating the “New Silk Road”
Latvia is a leader in the creation of a “New silk road”, which could be used after the end of the mission in Afghanistan, notes U.S. transportation command Commander Gen. William Fraser. He highly praised Latvia's contribution to the function of the Northern Distribution Network.
Court in France questions Head of IMF
Christine Lagarde, the Head of the International Monetary Fund, has been summoned to a court in Paris for questioning about a payout to a business magnate taken place at her time as French Finance Minister.
Moscow police: Cars with Baltic license plates often used in criminal activities
Moscow traffic police pay more attention to cars with foreign license plates because such vehicles are often used in crimes, according to the press office of the State Traffic Safety Inspectorate for Moscow.
12 million LVL overpaid for expensive compensated medications
Latvian residents overpaid a total of 12 million LVL when purchasing expensive compensated medications last year, as reported by the director of the National Health Service Maris Taube at the opening of the “Ārstējies nepārmaksājot” (Don't overpay for treatment) informative campaign.
10 million of Samsung Galaxy S4 sold in «record» time
Sales of the Galaxy S4 smartphone have reached 10 million in «record» time, Samsung announced on May 23.
Latvia's producer prices up by 1.4%
Compared to March, the overall level of producer prices in Latvian industry in April 2013 increased by 0.1%. The producer prices of products sold on the domestic market rose by 1.1%, whereas prices of exported products reduced by 0.9%.
Latvia: one car per three residents
Estonia has the largest proportion of cars per capita among other Baltic States – 0.51. Lithuania's index reached 0.40 this year. That of Latvia is 0.33, according to the latest barometer survey data of Autoplius.
Japanese climber, 80, becomes oldest atop Everest
An 80-year-old Japanese mountaineer became the oldest person to reach the top of Mount Everest on Thursday — although his record may last only a few days. An 81-year-old Nepalese man, who held the previous record, plans his own ascent next week.
Wife of Latvian official denies claims about his attempts to hide from the law
I deny the information that the whereabouts of the suspended director of the Customs Criminal Office of the State Revenue Service Vladimir Vaskevics are unknown, says his wife business woman Inara Vilkaste.
Lembergs' cheap shopping spree abroad
It's a waste of money – to buy clothing, footwear and cosmetics in Latvia, says criminally accused Latvia politician Aivars Lembergs.
Ford plans to shut all Australian production by 2016
US car giant Ford Motor will shut all its Australian manufacturing plants by October 2016, after more than 85 years of making vehicles in the country.
Builders: Castle of Light is almost finished
The total expected costs for the construction of the Latvian National Library (LNL) are estimated at 187 million LVL, including VAT.
Man killed in London machete attack
Vulvičas rajonā Londonā politisku iemeslu dēļ ar mačeti nogalināts cilvēks, policija sašāvusi un ievainojusi divus aizdomās turētos.
EU leaders see progress on lifting bank secrecy
EU leaders in Brussels for a special summit on tax evasion and fraud hailed new political momentum on the issue, but few concrete measures were agreed to recoup the estimated €1 trillion yearly in lost revenues.
Aircraft bomb found at Ventspils is neutralized in open sea
Bomb disposal specialists of the Latvian National Armed Forces (LNAF) successfully neutralized the 500 kg aircraft bomb that was recently found in Ventspil port.
U.S. stock futures advance
U.S. stocks futures were trading in a narrow range on Wednesday, May 22, morning, but with the major pre-market indexes seeing slight gains.
500 kg large aircraft bomb found at Ventspils port
Yesterday, May 21, a 500 kg large aircraft bomb was found on the premises of Ventspils port, 3rd Zemessardze disttict headquarters representative Zanda Tamulone reports.
Latvian commercial banks create joint enterprise
On Wednesday, May 22, the Enterprise Register of the Republic of Latvia registered a joint company - Kredītinformācijas Birojs – founded by a number of Latvian commercial banks – SEB bank, Swedbank, Nordea, DNB bank, Citadele bank and ABLV Bank. The goal of the newly founded enterprise is to have it function as a credit bureau.
Energy and taxes to be discussed in EU summit
EU heads of state and government are convening in Brussels to enhance energy market and limit tax avoidance.
Latvian residents travelled more often last year
The results of the survey on the domestic trips of Latvian residents show that the number of overnight recreational and other private trips in 2012 was 3.6 million, which is 11.8% more than in 2011.
Average income per capita in the Baltics exceed pre-crisis peak
The Baltic States continue to come close to the average level of the European Union – in the middle of 2011, the average income per capita in the Baltic states were above the peak of the pre-crisis period.
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me @ 2013-05-24 10:23:36
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Français abusés @ 2013-05-23 20:13:55
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Brian @ 2013-05-23 09:51:35
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@ 2013-05-23 09:20:57



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