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Wednesday 20.02.2019 | Name days: Smuidra, Vitauts, Smuidris

Putin warns U.S., Russia could target Washington with missiles

Assuming Washington could deploy short or intermediate-range nuclear weapons in Europe, Russia would target with nuclear weapons not only the countries where they are stationed, but the United States itself, Russian President Vladimir Putin has stated.

Cemex announces sale of its Baltic and Nordic assets

Cemex has made the decision to sell assets in Baltic and Nordic countries worth EUR 340 million to Germany company Schwen, as confirmed by Cemex representatives.

Swedbank refrains from commenting information about its possible involvement in money laundering

Citing confidentiality, AS Swedbank has decided to refrain from commenting on information reported by Swedish television regarding the bank’s involvement in money laundering, said the bank’s Risk Management Office in Latvia Juris Bogdanovs.

UK's May to give another try in Brussels, as EU doesn't expect breakthrough

The Prime Minister of the United Kingdom, Theresa May, returns to Brussels on Wednesday, seeking to convince European Commission chief Jean-Claude Juncker to save her Brexit deal. A representative of the British PM for May called the Brussels trip «significant» as part of a process of engagement to try to agree on the changes her government believes parliament needs to pass the deal.

airBaltic to cease using Boeing 737 in autumn 2019

Latvian national airBaltic airline plans to cease using Boeing 737 in autumn 2019 or a year earlier than initially planned, as confirmed by the airline’s representative Alise Briede.

Prime Minister: Latvian teachers are hostages of municipalities

Teachers are hostages of municipalities, said Latvian Prime Minister Krišjānis Kariņš, commenting on teachers’ wages subject in an interview to LTV programme Rīta Panorāma.

Minister: Latvia needs a new housing policy

Latvia needs a new housing policy, says Economy Minister Ralfs Nemiro. He says most of Latvia’s residential houses were built during the Soviet regime. This is why a number of subjects related to the housing policy have become topical.

Danske Bank to quit Baltic states, Russia, after asked to leave by Estonia

Danske Bank has been asked to leave Estonia amid a large-scale money laundering scandal. Denmark's largest lender has also decided to leave the markets of Latvia, Lithuania and Russia.

Saeima committee: adoption of deposit system is an investment in cleaner environment

Adoption of a package deposit system is an opportunity to invest in a cleaner environment, said members of Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee and Environment and Climate Sub-Committee on Tuesday, 19 February.

Lasting drought caused the lowest yield of cereals in recent years in Latvia

In 2018 harvested production of grain constituted 2.1 million tonnes, which is 635.2 thousand tonnes or 23.6 % less than a year ago and the smallest harvested production recorded over the past five years.

Criminals in Latvia planned to kidnap a bailiff and kill him after receiving ransom

According to what Latvian State Police reported during a press conference on 19 February, criminals in Latvia planned to kidnap some court bailiff, demand ransom of EUR 350,000 and kill him after receiving the ransom.

Russian warplanes intercepted four times near Baltic borders last week

Allied fighters from the NATO Air Policing Mission in the Baltics have been scrambled four times over the last week as Russian military aircraft neared the borders of the Baltic states as they moved between Kaliningrad and mainland Russia.

BTA: number of insurance claims up by more than a quarter

The number of insurance claims in Latvia at the beginning of 2019 has increased 28.4% when compared to the same month of 2018, and by 55.3% when compared to January of 2017, as reported by BTA Baltic Insurance Company representative Elīna Rasmane.

Latvia’s budget has received at least EUR 1.5 million paid in bail money in past five years

In the last five years, Latvia’s state budget has received EUR 1,535,000 in the form of bail money paid in different criminal cases, according to information from the Court Administration.

Minister: we need to reject the two basket healthcare system’s funding model

Currently the main topics in healthcare include rejecting the two basket healthcare system’s funding model and instead stick to a single basket system in which ‘doctors don’t have to take responsibility for playing with people’s lives’, said Latvian Healthcare Minister Ilze Viņķele in a phone interview to LTV programme Rīta Panorāma.