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A single average salary buys 0.68 m2 of living space in Riga
Based on the latest statistical data, one average salary bought 0.68 m2 of living space in Riga in February 2013.
4 million to be invested in Grindeks this year
According to the 2013 budget plan, AS Grindeks plans to invest 4 million LVL in development. The largest proportion of this amount will be used for quality assurance.
North Korea's Twitter account hacked amid tension
Hackers apparently broke into at least two of North Korea's government-run online sites Thursday, April 4, as tensions rose on the Korean Peninsula.
Opinion: Estonia's success holds lessons for the U.S.
«Years ago, as a missionary is Sweden, I occasionally met people from Estonia — generally refugees grateful to have escaped the clutches of a long Soviet occupation that had been broken only by a few years of nightmarish Nazi occupation,» Jay Evensen, editor at Deseret News, recalls.
Tourists' expenses in Latvia reach 384 million
The number of foreign travellers and their expenditure in Latvia has slightly increased in 2012. In 2012 foreign travellers crossed the border of Latvia 5.6 million times, which is 0.6% more than in 2011. Slight increase of the number of travellers was impacted by the decrease of passenger turnover in Riga International airport and slight growth of the number of travellers in other kinds of transport.
Tax benefits for free ports and special economic zones are extended
The Latvian parliament has supported amendments to the Application of Taxes in Free Ports and Special Economic Zones Law. These amendments provide for the extension of the period for licensed enterprises and free port management to apply tax benefits (until December 31, 2035).
Riga City Council's property being sold for three times of actual worth
Riga City Council (RCC) is selling municipal real estate property for inadequate prices. This leads to believe the individuals close to the management of the city council are interested in municipal property ending up in the hands of speculators, Unity believes.
62% of Latvian residents do not believe the crisis is over
A little more than half of Latvian residents (56%) claim they have as much money as they had one year ago. At the same time, one-third of respondents claim they now have even less money.
March 2013 – the second sunniest in Latvia's history
With an average monthly air temperature of -5.5° C, which was 4.2 degrees below the annual norm, March 2013 was the eighth coldest month in the annual statistical list and the coldest March since 1987.
N-Korea: war can any time; US moves missile defences to Guam
The US has announced it is taking North Korea's threats as "real and clear danger", so it is moving a missile defence system to the Pacific island of Guam. A statement from Pyongyang said its military had been given final approval to launch a nuclear strike.
PhotoAfghanistan hit by one of deadliest attacks - 50 dead
A suicide bomb and gun attack on a courthouse in western Afghanistan has left more than 50 people dead and 90 injured, most of them civilians. The Taliban have already claimed the attack.
Italy seizes record 1.3 billion euro from Sicilian
Italian police have seized a record €1.3 billion in cash and property from a single person, a Sicilian alternative energy entrepreneur alleged to have close ties to the Mafia.
KHL's desire for smaller ice stadiums to cost Arena Riga much
The desire of the Board of the Kontinental Hockey League (KHL) to reduce the area of ice stadiums after the Sochi 2014 winter Olympics will cost Dinamo Riga hockey club's home stadium – Arena Riga – a lot of money, as administrative representatives of Arena Riga admit.
Renewables to exceed fossil fuels in European generation by 2020
Europe’s share of electricity- generation capacity using renewable sources will rise to at least 40 percent by 2020, exceeding coal, natural gas and oil, according to Entsoe, the region's grid-operators group.
Photos of the week, 2013.05.24.
Riga mayoral candidate. Guntis Belēvičs: bull in a china shop?
Survey: popularity of current Ventspils management is below 50%
Economic Diary: Smash Business with Taxes
Oil deposit exploration in Latvia's waters; project managed by people close to Lembergs
Prudentia distances from the consequences of the advices it once gave
Friendship with Unity – the only thing that keeps Prudentia afloat?
Energy and taxes to be discussed in EU summit
PHOTO: Gumball 3000 lifestyle rally in Riga
More than 20 000 enthusiasts to run in the Nordea Riga marathon
Economy Minister: Russian business interest increases in Latvia
500 kg large aircraft bomb found at Ventspils port
Cypriot banks launder money, leaked EU report reads
Apple and other great American companies that keep mountains of cash overseas
May 21 in pictures
Tornado in U.S. moves on reaching 320 km/h in Oklahoma City
Dolphin finds rare torpedo
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
VIDEO: The birth of a snowflake
VIDEO: World's most dangerous marketplace
May 23 in pictures
May 22 in pictures
May 20 in pictures
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