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Estonia's unemployment at 10.2% in Q1
According to the Labour Force Survey, Estonia's unemployment rate was 10.2% in the 1st quarter of 2013 year on year and up from 9.3% in Q4.
Petrol price fixing scandal: oil giant bosses to be jailed if found guilty
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.
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Friendship between Unity and Prudentia: gigantic losses for state budget
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.
Tornado tears through Texas
A tornado has taken the lives of six as it ripped through a town in the U.S. state of Texas.
New services and updates announced at Google I/O 2013
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.
Latvia's problem of unemployed youth is reducing in scale
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.
Latvia's living costs reach record high level
This April's minimum living cost index has reached 177.44 LVL. This is 0.63 LVL more than it was in March.
Russian investigators charge Rosbank CEO
The chief executive of Societe Generale's Russian unit, Vladimir Golubkov, and another executive at Rosbank were charged on Thursday, May 16, for taking bribes.
Latvenergo's profits drop by 18.5% in 2012
Latvenergo's profits for 2012 reached 35.7 million LVL, with the total turnover reaching the highest volume to date – 751 million LVL. This is 10% more than the company had in the year before.
Bathing season officially open in 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.
Slow-down in Estonia’s growth expected
International Monetary Fund: pace of growth in Estonia is to slow down this year because of euro-area's struggle to recover.
Bloomberg: The eurozone must be split to save EU
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.
aiBaltic Bergen – Riga flight delayed; possible bombing threats
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.
Shadow economy in Latvia: 21% of GDP
Even though the proportion of shadow economy in Latvia’s economy reached 21.1% in 212, this index is on a decrease for the second consecutive year. In 2011, it was 30.2%, and 38.1% in 2010.
Buyers’ most favourite products of 2012: Pina Colada, Alkšņu servelat and more
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.
May 22 in pictures
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
Latvia's foreign trade export is growing faster than import
Latvenergo's profits drop by 18.5% in 2012
PAA bath manufacturer modernizes production plant and creates Silk Stone material
Paul Krugman declined participation in the First Riga Economic Forum
Friendship between Unity and Prudentia: gigantic losses for state budget
HM: smoking in the presence of a child is considered abuse
Bathing season officially open in Latvia
Infographic: How teens' habits threaten the future of Facebook
Petrol price fixing scandal: oil giant bosses to be jailed if found guilty
May 16 in pictures
Bloomberg: The eurozone must be split to save EU
Gold shipment worth EUR 483,000 lost in Miami
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 21 in pictures
May 20 in pictures
Photos of the week, 2013.05.17.
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