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Saturday 18.08.2018 | Name days: Liene, Helēna, Elena, Ellena, Liena

Coface: as prices of metals continue growing, risks remain high for the industry

«Although the prices of metals have increased considerably and the industry is showing good results, the business risks remain high. Certain metals will experience price increases and declines in the near future. The industry should also keep in mind the growing wave of protectionism in the world,» says head of credit risk insurance company Coface Baltic office Mantvīds Štareika.

Latvia’s Security Police checks Russian agent Butina’s relation to Latvia

Latvia’s Security Police has commenced an inspection about Russian agent Marija Butina’s possible relation with Latvia.

July 25 in pictures

BNN offers you to take a look at topical, interesting and simply beautiful pictures of the day.

FCMC decides to keep countercyclical capital buffer rate at 0%

Considering macro-economic and finance sector indexes, Latvia’s Finance and Capital Market Commission has decided to keep countercyclical capital buffer rate for venture capital deals signed with Latvia’s domestic clients unchanged at 0%, as confirmed by FCMC.

World largest water temperature anomaly observed in Baltic Sea

The steepest water temperature deviation is currently observed in the Baltic Sea, where water temperature is more than five degrees above the annual average index, according to information published by Denmark’s Meteorology Institute.

Expert: residents’ purchasing power – with a stable plus sign

Latvia’s economic growth in recent years has had an effect not only on the capital but also residents’ purchasing power. Local businesses’ economic activity gas increased in regions and other cities in Latvia.

Belgian nudists' beach request blocked to protect lark population

In Belgium, the Flemish wildlife agency has rejected the request by the Belgian Naturism Federation to establish a second nudist beach in Belgium, fearing that other things the nudists would do could scare off crested larks.

U.S. to make anti-tank missiles for Lithuania, Estonia and Ukraine

U.S. to manufacture Javelin anti-tank missiles for the Baltic states of Estonia and Lithuania, as well as Ukraine, defence news portal reports.

Opinion: municipalities’ involvement in tourism business puts at risk local entrepreneurs

By founding their own companies and becoming involved in tourism business, municipalities often put at risk domestic entrepreneurship in regions, said chairperson of Rural Traveller tourism association Asnāte Ziemele in an interview to Latvijas Radio.

Dozens affected by salmonella from popular Tallinn restaurant

33 people in Tallinn have been diagnosed with salmonella poisoning in a case linked, according to the Estonian Health Board, to a popular restaurant in the capital.

Latvia’s State Forests: more helicopters needed to handle large-scale fires

Latvia requires additional funding to afford additional helicopters to be able to handle large-scale fires, says Latvia’s State Forests Representative Zigmunds Jaunķiķis.

Spain picks up over 400 migrants in Mediterranean in one day

Spanish sea rescuers have stated that they had picked up over 400 migrants from the Mediterranean in one day as they had been on the way to Spanish mainland.

First candidate list submitted for 13th Saeima elections

On Tuesday, 24 July, the New Conservative Party became the first political party in Latvia to submit a list of candidates for 13th Saeima elections.

EU leadership in Washington to convince U.S. not to impose auto tariffs

Head of the European Commission Jean-Claude Juncker has a meeting with U.S. President Donald Trump in Washington on Wednesday, July 25, as the European Union's leadership seeks to find a way out of a trade dispute between the EU and the U.S.

Latvia wants to form two anti-doping committees

During a government meeting, officials approved Healthcare Ministry’s developed project of rules that provide for forming a Disciplinary Anti-Doping Committee and Therapeutic Use Exceptions Committee, as well as establish terms for both committee members.

In pictures: Death toll of Greece wildfires reaches 60

In wildfires in Greece close to Athens not less than 60 people have lost their lives and over 170 are being treated in hospitals due to in injuries.

July 24 in pictures

BNN offers you to take a look at topical, interesting and simply beautiful pictures of the day.

Latvian government supports initiative to donate food to charity

On Tuesday, 24 July, Latvia’s government supported amendments put together by Agriculture Ministry to Law on the Supervision of the Handling of Food. These amendments permit donating food to charity after reaching minimal expiry term.

Fire fighters in Valdgale find remains of man-made fire within peat bog perimeter

While inspecting areas within the secure perimeter in Valdgale County on Monday, 23 July, fire fighters found evidence of man-made and, possibly, malicious fire-starting, said Interior Affairs Minister Rihards Kozlovskis after a meeting of the Cabinet of Ministers.

Overpaid tax may be returned to residents automatically

Saeima’s Mandate, Ethics and Submissions Committee plans for an electronic system that would automatically pay back residents’ overpaid taxes starting from 2021, as confirmed by the committee’s Chairman Vitālijs Orlovs.

Ventspils port: inspectors found no violations; coal sprinkling to increase

Ventspils Commercial Port has plans to increase water sprinkling of coal heaps this summer to reduce drought and the possibility of the wind carrying coal particles into the air, representatives say. It is also mentioned that dust particle monitoring machines work day and night at coal-handling complexes to help control coal particle concentration in the air within acceptable limits (50 µg/m3).

Corruption office to be more involved in assessment of new SRS managers

From now on, Corruption Prevention and Combating Bureau and Security Police will be more involved in evaluation of potential candidates for the post of director general of Latvia’s State Revenue Service, as State Chancellery director Jānis Citskovskis told 900 seconds programme of LNT in an interview.

Latvia’s Foreign Affairs Ministry announces grant context for cooperation development projects

The Foreign Affairs Ministry has announced a co-financing project ‘Support for European Commission and other international assistance financiers’ funded cooperation and education development projects for beneficiary countries picked by the Republic of Latvia and Republic of Latvia itself’, as reported by the ministry.

Estonian Entrepreneurship and IT Minister resigns

Estonian Minister of Entrepreneurship and Information Technology, Urve Palo, has stepped down from office and decided to leave the junior coalition partner, the Social Democratic Party.

FCMC: foreign clients’ deposits down 30% in Latvian banks

Commercial banks still have the largest segment in Latvia’s finance and capital market – 84% of the sector’s assets, according to data from Finance and Capital Market Commission.

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