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Tuesday 20.08.2019 | Name days: Bernhards, Boriss

Economists: industrial growth is slowing down. Should people brace for drop?

Looking at the latest industrial output indexes, opinions of various economists tend to lack optimism. Some of them expect negative indexes in the coming months, while some already mention the word recession.

Moscow wants arms negotiations with U.S. as nuclear treaty ends

Moscow has announced that Russia would only deploy new intermediate-range missiles in case Washington chooses to do so and urged to hold arms control talks to prevent a chaotic arms race.

U.S.-China trade tensions rise after Beijing called currency manipulator

Washington has called Beijing a currency manipulator increasing the stark trade tensions between the U.S. and China.

Average electricity price in Baltic States declines 9%

The average price of electricity at Nord Pool system had increased 5% last week – to 39.78 EUR/MWh. In Baltic States the average electricity price has declined 9% and was 50.67 EUR/MWh, as reported by Latvian energy giant Latvenergo.

Politologist: events in Moscow are a strong signal for protests to expand further

The cause of protests in Russia is the government’s disrespectful treatment of the people. On top of that, the recent protests in Moscow are a strong signal for similar activities to repeat on a larger scale, considering residents’ exhaustion with Russian President Vladimir Putin, says politologist Kārlis Daukšts.

«From child refugee to president»: BBC interviews ex-Latvian president

As part of a series of programmes «Her Story Made History», BBC has interviewed ex-Latvian President Vaira Vīķe-Freiberga, giving the interview the title «From Child Refugee to President».

Industrial production output continues increasing in Latvia

Calendar adjusted data at constant prices shows that when compared to June 2018, industrial production output grew by 4.4 % in June 2019.

Latvian minister: government could decide on territorial reform around October

In August 2019 Environment Protection and Regional Development Ministry will push the administrative territorial reform forward so that the government can decide on it around October and forward it to the Saeima, said the Environment Minister Juris Pūce.

Police in Moscow arrests 800 people in another election protest

As Russians took to the streets of Moscow for another protest to demand free and fair elections, police arrested hundreds of people and used violence against protestors.

Minister: I am dissatisfied with State Revenue Service in certain areas

The head of Latvia’s State Revenue Service Iave Jaunzeme has a lot of work, but more focus should be put on dishonest companies, says Finance Minister Jānis Reirs.

Latvia and Hungary sign cooperation programme for culture

The Culture Ministry of the Republic of Latvia and the Human Resource Ministry of Hungary have signed a cooperation programme in culture in 2019-2021, as confirmed by Culture Ministry’s representative Lita Kokale.

Maintenance debtors’ debt in Latvia exceeds EUR 320 million

More than 40 thousand parents in Latvia do not perform their duty to financially support their children. Maintenance is paid from the state budget on their behalf, which costs the country and average of EUR 4.5 million every month, according to data from the Administration of Maintenance Guarantee Fund.

SRS head under fire again? Finance Ministry initiates another inspection

During Latvian Finance Minister Jānis Reirs’ vacation his replacement, Agriculture Minister Kaspars Gerhards, has initiated another inspection of work done by the State Revenue Service, as reported by TV3 on 1 August 2019.

Violations of SRS employees may be investigated by Internal Security Bureau

Latvian Interior Affairs subordinated Internal Security Bureau may be entrusted with investigating violations committed by employees of the State Revenue Service, the ministry reports.

Corruption watchdog suspects parties were not honest with their EP election expenses

Latvia’s Corruption Prevention and Combating Bureau is not certain political parties had declared their entire European Parliament election expenses, according to what KNAB Political Organizations Violation Investigation Department head Amīlija Raituma.

Lithuania would rather avoid additional restrictions for electric scooters

In spite of electric scooters popping up more and more on Lithuania’s streets, the government would rather avoid introducing additional restrictions, public media LRT reports on the words of the Lithuanian transport minister.