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Wednesday 20.06.2018 | Name days: Rasa, Rasma, Maira

Latvians discuss politics more often than other Europeans

When meeting with friends and relatives, Latvian citizens tend to discuss local political issues linked to a particular municipality or political issues of a national scale. 28% of Latvia population regularly converse about local political issues with their friends and relatives.

Hostile pre-election campaigns ahead

Security Police expects the emergency Saeima elections will bring much slandering of political parties and candidates delivered via mass media.

Small pensions not to be indexed

Following objections from the Saeima Committee of Social Affairs and the Employment Committee, the Finance Ministry has decided to submit for review in the first reading an alternative draft amendment to the law On State Pensions, excluding from it the proposal to resume the indexation of state pensions not exceeding 165 lats a month.

European bank to sell card business in US

The American bank Capital One Financial Corporation has agreed to acquire a card business in the United States from the British bank HSBC.

Firefox triumphs over Microsoft Internet Explorer

Online trends of the half-year show Mozilla Firefox has experienced the greatest changes by becoming top web browser and beating the long-time leader – Microsoft Internet Explorer, according to Gemius Latvia survey.

Unemployment drops to 12.1% in July

As of late July 2011, unemployment hits 12.1% of all the economically active population, which is 0.5% percentage points less than in June, according to the State Employment Agency.

One in five travellers has visited Baltic States without passport

One in five or 20% of travellers from Latvia admit they have at least once forgotten their passport at home when going on a trip to other Baltic States. Moreover, one in ten respondents have left their passport at home more than once.

Brent surges over 105 dollars with US Federal Reserves supporting economy

On Wednesday, August 10, Brent crude edged up 3 dollars after the U.S. Federal Reserve pledged to near interest rates close to zero.

Speed cameras not to mean job cuts

There are no grounds for worry voiced over job cuts at the police as soon as more speed cameras are installed on Latvian roads, says Ints Kuzis, Chief of the State Police.

Study: iPad competitors have better chance in Europe

Future rivals to Apple’s product iPad have more chances in Europe than in the United States of America, but they must slash their prices not to lose this opportunity, according to Forrester, IT research firm.

Gold price jumps record-high for second consecutive day

Gold price has surged over 3%, beating all the previous records and mounting over 1 770 U.S. dollars per ounce. Such a rise was affected by plummeting stock market and concerns over relapsing into economic recession after Standard & Poor's slashed the U.S. credit rating.

GDP likely to spike 5.3% in July

Compared to the same quarter last year, the GDP rose 5.3% in the second quarter of 2011, according to seasonally unadjusted data, suggest the Central Statistical Bureau’s flash estimates.