The bosses of oil giants engulfed in a price fixing scandal could be jailed if they are found guilty, David Cameron warned on Thursday, May 16.
The Latvian state budget is suffering enormous losses because the saving of drowning companies attracts financial consultants not by means of open contests, but based on the fact whether or not they are related to the ruling political party, experts believe.
Google’s I/O conference keynote was, in many ways, the opposite of what we expected. Google did not announce any new hardware, nor did the company reveal a new version of Android. Instead, Google spent about half of its annual developers conference focusing on developers and the tools they need to make better apps.
The unemployment of young people is a serious problem faced in Latvia, as unemployment among youth is notably higher than in other age groups, as it can be concluded based on the Labour Force Survey results compiled by the Central Statistical Bureau of Latvia.
On Wednesday, May 15, the official bathing season was opened in Latvia. It is now allowed to swim in all official locations, because, according to the results of the analysis carried out by specialists of the Health Inspection, the general water quality is good.
On the eve of the American Civil War, Abraham Lincoln famously said that «a house divided cannot stand.» Today, the European Union -- committed for decades to the quest for ever closer union -- must confront an agonizing truth. Lincoln’s maxim must be inverted. For the EU to survive, the euro must divide, according to Bloomberg.
The airBaltic Bergen-Riga flight that was scheduled to depart on May 15 was delayed. It still has not departed, because someone had “made a bad joke”, notes the airline’s representative Janis Vanags.
Following a survey of traders and an in depth investigation into market data, 31 products were declared the Product of the Year in Latvia. New leaders appeared in the Top list. Older products also retain their positions.