Russia has granted asylum to Lithuania’s banker and billionaire Vladimir Romanov, wanted internationally for embezzlement of the funds of Ukio Bankas.
Romanov the largest shareholder in Ukio Bankas, which Lithuanian authorities placed under administration in 2013 after it ran into financial trouble.
The Lithuanian government had to allocate 230 million euros to pay depositors at Ukio Bankas. Lithuanian prosecutors issued an international search warrant for Romanov in August 2013.
Romanov is wanted on charges of embezzling 25 million euros from the bank, Reuters reports.
A representative of Lithuania’s Prosecutor General’s office unveiled Moscow had informed Vilnius of its decision to grant Romanov asylum and not to extradite him, without giving any reason for the decision.
Ukio bank, as well as Romanov’s key enterprise, a Lithuanian company named Ukio Banko Investiciju Grupe (UBIG), are both now in bankruptcy proceedings.
Following a week of bloodshed in Germany, which ended with a suicide bomber wounding 15 people on July 24, the country’s federal government urged the population not to perceive all migrants as being dangerous.
It is possible that former head of the State Revenue Service’s Customs Administration Talis Kravalis, who was dismissed in spring 2015, could be reinstated in his post, notes Finance Minister Dana Reizniece-Ozola.
Delna society for openness has submitted a repeated (added) plea to the Constitutional Court on the non-compliance of the Ventspils concert hall project with environmental improvement goals.
U.S. computer device firm Apple has this week announced that the sales of its flagship handset iPhone have continued to decrease for the second quarter in a row. The U.S. tech giant sold 40.4 million iPhones in the third quarter of the year, slightly above forecasts of 40.02 million.
Education of child asylum seekers in Latvia’s primary education institutions should commence within three months of the day their parents submit their application to State Border Guard to be provided with refugee or alternative status in the country.
The new EU-US data-sending deal - the Privacy Shield, which allows companies to transfer personal data from the EU to the U.S. - will be able to be in place for at least a year, EU member state regulators have stated.
Air traffic to and from Tallinn Airport on July 26 continues amid tightened security following a bomb threat called received on Monday about plans to detonate a bomb in a flight from the Estonian capital to Germany.
Officials of State Language Centre’s Language Control Department carried out 1,592 state language use inspections in the first half-year of 2016. As a result of said inspections, 249 administrative cases were launched in relation to administrative violations.
On Tuesday, 26 July, Latvia’s Cabinet of Ministers supported the initiative to extend the term for Chief of Latvian State Police Ints Kuzis, Chief of Latvian State Border Guard Normunds Garbars and Chief of Latvian State Fire and Rescue Service Oskars Abolins.
48% of CEO in Central and Eastern Europe predict the continuation of global economy’s stagnation. 63% believe economic development of different companies is threatened by a larger number of negative factors now than it was three years ago.
Turkey currently is not ready to become a European Union member state and in case it introduces death penalty accession talks would be stopped immediately, European Commission head Jean Claude-Juncker sated on July 25.
Developers of eScan anti-virus software warn – a new form of vulnerability of Apple OS has been discovered recently. This vulnerability is similar to ‘Stagefright’ exploit found in Android OS last year.
After four children died in Lithuania from meningococcal infection in the first months of 2016, stores of vaccine against this infection ran out quickly in this country. Now Lithuanians look for vaccination options in Latvia, as reported by LNT News.
Summer-like weather will remain in most of Latvia over the course of the majority of this week. While on Sunday air temperature in Latvia did not climb above +27° C, air temperature is expected to reach +27° C…+30° C in the next couple of days.
The man, who killed himself and wounded 15 others on July 23 in German by detonating a bomb, had recorded a video expressing loyalty «Islamic state» terrorist group. The group has also claimed it had been involved in the attack.
Latvia’s government will spend this week and the next deciding on the approval of the next head of the State Revenue Service. Coalition partners plan to interview the only candidate for this post – head of the State Environmental Service Inga Kolegova.
Cargo transports accurately reflect the rate of economic development. Carriers update and expand their car parks, as well as strive to reduce costs. The market’s result for the first half of 2016 is 32% growth in cargo transport segment above 3.5 tons – which is a good sign.
International credit rating agency Fitch Ratings has announced the decision to affirm Latvia's Long-Term Local Currency IDR at 'A-' with a Stable Outlook. Latvia’s Short-Term Foreign and Local Currency has been affirmed at ‘F1’.
Founders of Rention innovative real estate management system have begun cooperation with Graugiem Group’s ‘Istabai’ company. The agreement in regards to the integration of multiple solutions into the Internet platform along with distribution rights abroad was signed between the two countries on 21 July.
World Free Latvians Association, which had once invested a lot of work and finances to ensure Latvia’s membership in NATO, continues carefully following discussions that have appeared in relation to US presidential candidate Donald Trump’s statement in regards to protecting Baltic States.
Latvia and other Baltic states have always fulfilled their commitments towards NATO. With that, there is no reason for panic over Republican Party’s presidential candidate Donald Trump’s statement about the possibility of USA refusing to aid Baltics, notes Latvian ambassador to USA Andris Teikmanis.
Attempts of Latvian politicians and businessmen to get a hold of cargo transports from China seem to be on the eve of fruition. At least this is promised by LDz President Edvins Berzins, who says that Latvia’s delegation returned with very good news from their visit to China, as reported by lsm.lv.
Following the controversial US’s Republican presidential candidate Donald Trump’s remarks on the defence of the Baltics, Lithuanian Foreign Minister Linas Linkevičius issued a statement that the Baltic countries are meeting their obligations to NATO and views Donald Trump’s remarks that he would not automatically defend the NATO allies if Russia attacked them as election rhetoric.
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TM @ 2016-07-26 04:35:44
Linda @ 2016-07-25 22:41:08
Linda @ 2016-07-25 22:38:59
Bob @ 2016-07-22 20:35:34
Trump should be an embarrassment to all my fellow Americans. Unilaterally breaking treaties is bad foreign policy and certainly doesn't support his statements that he is strong enough to stand up against Vladimir Putin. The tragic murder of police by citizens has nothing to do with our right to criticize government repression in Turkey or elsewhere or, God forbid, a Trump administration.
josh @ 2016-07-21 17:39:15