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Tuesday 11.12.2018 | Name days: Valdis, Voldemārs, Valdemārs

European Parliament supports new temporary border control rules for Schengen Area

Instead of the two-year period, the temporary border control within Schengen Area should not exceed one year, MEPs say. In accordance with the current Schengen Borders Code, member states are allowed to organize temporary border control checks within internal borders if there are threats to public order or internal security.

Putin insists Russia was right to capture ships, Poroshenko turns to NATO

Russian President Vladimir Putin asserted that that Russian forces were in the right to capture three Ukrainian ships and sailors last weekend, whereas his Ukrainian counterpart has urged NATO to send ships to conflict area.

European Commission permits Tele2 and T-Mobile merger in Netherlands

European Commission has decided to permit Tele2 and T-Mobile merge in Netherlands. The deal will be completed in January 2018. Tele2 will receive 25% of shares.

SEB: investments in oil and gas industry down by half

The oil marked brought unexpected turns in October – since the beginning of the year, Brent crude oil price has declined by approximately 30%: from USD 86 to USD 59.

EY: biggest threats to businesses – new business models and shortage of workers

31% of businessmen consider influence of new business model and the ongoing shortage of workers as the main short-term threats to their business. Other major risks include geopolitical and legislative uncertainty, which are considered the main threats by 29% of respondents participating in EY latest Global Capital Confidence Barometer.

Russia's arms inspectors visit Estonian military bases

Estonian military units are this week inspected by a delegation from the Russian Center for Arms Control in line with the requirements of the Organization for Security and Co-operation in Europe.

Swedish political impasse could be solved by centre-right supporting Lofven

As the Swedish parliament has been unable to form a government for over two months after general election the centre-right showed chance of supporting a prime ministerial candidate from the rival Social Democrats. After an indecisive election, the Nordic country has seen a number of attempts to build a viable government, but all have failed so far and a caretaker government headed by Lofven is still in charge.

New Interior Minister appointed in Estonia

Following the surprise resignation Estonian Minister of the Interior Andres Anvelt, another social democrat Katri Raik has been appointed to the post. Her predecessor Andres Anvelt, in office since 2016, stated last week he would step down from office due to serious health issues.

U.S. geological spacecraft lands on Mars

A spacecraft sent by the U.S. has landed on the surface of Mars to explore the geology of the Red Planet. The landing of the robotic geologist InSight spacecraft took place on Monday, November 26 after a six month journey from the Earth.

Russia restores passage via Kerch Strait after seizing Ukrainian vessels

Russian border patrol in Kerch Strait near Russian-annexed Crimea has restored the passage of ships on Monday morning, after drawing international condemnation for firing at and seizing three Ukrainian vessels.