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Ceturtdiena 09.04.2020 | Name days: Valērija, Žubīte

Anxious of low supply Brent price rises to 104 USD

Price of Brent crude oil has increased up to 104 US dollars, it was advanced by anxiety of supply interruptions in connection with America's decision to confirm sanctions against Central Bank of Iran.

Passenger Train: Stadler ignores Latvia's interests

Stadler's activities in terms of the tender announced in Latvia are destructive. Despite the company has every right to apply to EU bodies, there is reason to think that they are coming up with pointless claims only to buy time, according to Passenger Train.

Alfor trying to monopolize the word «laimetava»

The gambling company Alfor is trying to eradicate the word “laimetava” (gambling site) from public written and spoken language, being convinced that the only appropriate place for it is in front of this company's gambling halls.

Experts: Public Procurement Law – not aimed at envelope wage eradication

The Public Procurement Law is not aimed at solving economic problems, particularly, the eradication of envelope wages, experts recognized during a discussion on the necessary amendments to the said law.

Ukraine Ambassador sees Latvia as a window to Europe

Goods turnover between Latvia and Ukraine is up 29.1%, compared to a year earlier, says Ukraine Ambassador to Latvia Anatoliy Oliynyk, adding they see Latvia as a window to Europe.

Fuel sales drop dramatically in rural regions

Consequences of the economic crisis and shrinking population have severely hit fuel sales in rural areas. During the crisis period, they remained practically flat. Today sales have dropped dramatically and most of fuel purchases do not exceed 5 LVL, says one of the leading local fuelling stations in Latvia AS Virši-A.

World economy loses 450 billion dollars in natural disasters

Natural and anthropogenic disasters have taken 450 billion dollars (242 billion lats) from the world economy this year, reports Switzerland insurance company Swiss Re, adding that these losses are greatest in history.

A quarter of EU citizens never used internet

24% of Europeans never once in their lives have had access to the internet. In 2006 they were 46%, according to Eurocast.

Saeima backs 2012 state budget

Today, December 15, the Saeima approved the 2012 state budget and 29 bills accompanying it. Of the 230 amendments proposed, the parliament passed only those that the government had previously supported.

Steve Jobs becomes a cartoon hero

Caleb Mellby of the Forbes magazine is going to publish a cartoon book with central character Steve Jobs.

Pavluts: businessmen should be prepared to act smarter and more resistant

Despite being exasperated from the previous three-year-long process of restructuring the economy and markets, businessmen should be prepared to act smarter and more resistant, indicated Daniels Pavluts, Economy Minister, when opening the Latvian Investment and Development Agency's Business Forum.

Duty-free cigarette and alcohol transportation across border allowed once a week

Starting from 2012, it will be possible to transport 40 litres of duty-free alcohol and cigarettes across the border only once a week. This is stipulated by the amendments to the Excise Tax Law which were adopted by the Saeima in the second and final reading.

Eesti Raudtee CEO: Rail Baltica - failed project

CEO of the Estonian railway company Eesti Raudtee Kaido Simmerman sees serious deficiencies in the profitability assessment of the high-speed railway line Rail Baltica, which is intended as a link between the Baltic states and Poland.

Thieves no longer favour BMW wing mirrors

The number of BMW wing mirror thefts has dropped significantly over the period of the past two years, according to If Apdrošināšana (If Insurance).

Baltics: most available housing - in Estonia

When comparing all three neigbouring Baltic states, it turns that housing is the most available in Estonia. Their salary level, which is the highest in the Baltics, is the key reason for that, says SEB bank socio-economy expert Edmunds Rudzitis.

Citadele starts to pay out guaranteed reimbursement for Snoras clients in Latvia

Bank Citadele on Thursday, December 15, is starting the pay-out of Lithuania State guaranteed reimbursement for Latvian Snoras branch bank clients – private persons. Reimbursements will be paid in lats in one payment from the Lithuania State Company “Deposit and Investments Insurance”.

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