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Saturday 23.02.2019 | Name days: Haralds, Almants

Canadian cannabis shops face shortages on 2nd day of legalisation

Cannabis stores in Canada have experienced shortages on the second day since the legalisation of recreational cannabis, as the demand is much higher than the supply of the drug.

Putin: People in ex-Soviet Republics had more opportunities during USSR

Russia's President Vladimir Putin has asserted that people in Russia's neighbouring countries, once under Soviet occupation, regretted the end of the Union of Soviet Socialist Republics.

Merkel finds Brexit agreement still doable, but time running out

German Chancellor Angela Merkel evaluated after this week's summit of the European Union, that there is not much time left for an agreement on the UK leaving the bloc, but it a deal should still be realistically attainable.

Number of newborns continues to decline in Latvia

The number of births registered over the first nine months of 2018 is 1,267 children or 8 % smaller than that registered in the respective period of 2017.

Anti-Money Laundering Service to be supervised by Latvia’s Cabinet of Ministers

On Thursday, 18 October, members of the Saeima supported amendments to the Law on the Prevention of Money Laundering and Terrorism Financing in the first reading.

Latvian Saeima conceptually approves new Law on the Handling of Weapons

On Thursday, 18 October, members of the Latvian Saeima conceptually supported the project for a new Law on the Handling of Weapons. The legislative draft provides new classifications of arms and munitions, as well as coordination with EU regulations on weapons handling, as reported by Saeima’s press-service.

Early voting option to be provided for all election sites during EP elections

On Wednesday, 17 October, Saeima’s Public Administration and Local Government Committee supported submission of amendments to European Parliament Election Law to the Saeima for the final reading.

Seven Latvian companies listed among TOP 50 Baltic businesses

Among the 50 largest businesses in Baltics, seven hailed from Latvia in 2017. This is three businesses fewer than there were the previous year, as BNN was informed by representatives of Coface with reference to their list of the TOP 50 businesses in Baltic States.

Latvian Saeima wants to further enhance Anti-Money Laundering Service’s authority

On Tuesday, 16 October, members of Saeima’s Defence, Internal Affairs and Corruption Prevention Committee supported in the first reading amendments to the Law on the Prevention of Money Laundering and Terrorism Financing.

Lithuania and Ukraine to co-operate in Fintech

The central banks of Lithuania and Ukraine have committed to working together to promote the development of financial innovations and have signed a Co-operation Agreement in the Area of Innovation Development.

Progressive party proposes forming a government in Latvia with no oligarchs

Political party Progressive offers parties elected to the Saeima to put an end to oligarchs’ rule over Latvia’s politics and form a government that would help end the state capture tradition in the country.