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Saturday 24.08.2019 | Name days: Boļeslavs, Bērtulis

Gold price hits another record

Gold price in world market has reached another historical record - 1268 dollars per ounce.

EU volume of output stabilizes

According to seasonally adjusted data, the scale of production, compared to the indicators of June and July 2010, has stabilised in eurozone, as well as in all 27 European Union (EU) member countries, shows the Eurostat data.

Russia outpaces Europe in construction of new trade centres

This year, the largest amount of trade centres were built in Russia, while in Europe it has reduced twice, concludes the company's Cushman & Wakefield experts.

Latvia to assist Haiti with 250 temporary houses

Latvia will participate in the renovation of earthquake-stricken Haiti by sending to this Caribbean country 250 temporary dwelling units.

Microsoft to sell out debts

As too much of Microsoft capital is held overseas, the company plans to sell debt already this year to pay for dividends and share repurchases.

Russia to double transport tax

Starting from 2011, the tax applied to transport will be bound to ecological standards, which means doubling it for cars produced until 2006.

Euro forecast to fall against dollar

Hedge funds and other large share speculators have increased their rates for the next two months, forecasting the largest drop in value of euro, according to the United States Commodity Futures Trading Commission (CFTC) data.

HP to carry out 1.5 billion dollar transaction

Hewlett-Packard (HP) has decided to purchase the cyber-security software producer ArcSight for 1.5 billion US dollars (831 million lats).

Eurozone’s GDP growth forecast doubles

The eurozone’s gross domestic product (GDP) will increase this year by 1.7%, shows the latest European Commission forecasts. Previously it was anticipated that the eurozone’s GDP will grow only by 0. 9%.

IMF: exit from crisis does not guarantee new jobs

During the following years, the global economy will not be able to provide a significant growth of new openings. The highest risk of low economic growth and high unemployment level still remains in Europe, believes the Managing Director of International Monetary Fund (IMF) Dominique Strauss-Kahn.

Russian banks - not among world top reliable ones

The banks of Russia have not been included in the top 50 of the most reliable banks in the world. The list was published for the 19th time by Global Finance.

More than 300 thousand unemployed in Lithuania

This year, in Lithuania, 318.7 thousand unemployed persons were registered on September 9th.

Nokia CEO dismissed

At the end of September, Olli-Pekka Kallasvuo will be suspended from the office of Chief Executive Officer (CEO) at the company Nokia.

Zatlers meets with Poland, Lithuania and Estonia’s Presidents

The President of Latvia Valdis Zatlers is today, September 10th, meeting with the Estonian President Toomas Hendrik Ilves, the Lithuanian President Dalia Grybauskaite, and with the new Polish President Bronislaw Komorowski.

Fidel Castro finds Cuban economic policy failing

The 84-years old politician Fidel Castro admits that the Cuban economic policy is not capable of functioning any more.

Trichet praises Estonia's eurozone preparations

Jean-Claude Trichet , president of the European Central Bank, said yesterday in Frankfurt that preparations for Estonia's accession into the eurozone were on track.

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