Latvia Financial News

Barbora Krejcikova won comfortably against Latvian tennis player Jelena Ostapenko in the Wimbledon 2024 quarterfinal game of the women's singles, even after trailing in the initial part of the set. Ostapenko, apparently lost her calm and focus at the same time while leading the second set, when she suddenly asked one of her coaches to leave the box, and a small argument ensued following which the play resumed. However, in the end, Ostapenko lost in straight sets.

Subscribe to enjoy similar stories. MARIJAMPOLE, Lithuania—European governments are preparing for war with Russia. A newly released wargame suggests they aren’t ready.

Subscribe to enjoy similar stories. DAVOS, Switzerland—The West avoided an open rupture this week. But, instead of celebrating, European leaders are bracing for more serious shocks to the trans-Atlantic relationship in the months ahead.

Athos Salomé, a self-proclaimed psychic known as the ‘Living Nostradamus,’ has issued a warning about the possibility of World War III. The 38-year-old from Brazil believes recent global developments suggest an approaching major conflict. He pointed to sabotage and hybrid warfare as potential triggers, reported Mirror.

Raisina Dialogue on Monday, marking India's premier conference on geopolitics and geo-economics. The Raisina Dialogue is organized by the Observer Research Foundation (ORF) in collaboration with the Ministry of External Affairs (MEA). According to the MEA, the conference will host representatives from around 125 countries, encompassing foreign ministers, former heads of state, military leaders, industry executives, technology innovators, academics, journalists, and experts in strategic affairs. Notably, foreign ministers from 20 nations are confirmed to attend. The Ukrainian foreign minister's visit coincides with intensified US efforts to broker a temporary ceasefire between Ukraine and Russia amidst ongoing hostilities. Here's all you need to know

Volodymyr Zelenskyy has issued a warning to European nations, claiming that if Ukraine fails to resist Russia’s invasion, Putin may turn his attention to five other countries.

Nordic and Baltic countries on Monday pledged to increase military aid to Ukraine, three years after the country was invaded by Russia. The announcement came as leaders of Nordic and Baltic countries visited Kyiv, reiterating their support for Ukraine.

Nearly 3 1/2 decades after leaving the Soviet Union, the Baltic countries of Estonia, Latvia and Lithuania this weekend will flip a switch to end electricity-grid connections to neighboring Russia and Belarus

Police say a Norwegian-owned and Russian-crewed ship that authorities suspect may have been involved in damage to an underwater fiber optic cable connecting Latvia and the Swedish island of Gotland has been stopped off Norway

A Bulgarian shipping company on Monday denied that one of its ships had intentionally damaged an underwater fiber optic cable connecting Latvia and the Swedish island of Gotland

Janis Timma, a Latvian basketball player, had been discovered dead in Moscow following what appeared to be a suicide. The 32-year-old's body was discovered inside the entrance of a residential block in central Moscow, according to an unidentified emergency official who spoke to the state-run TASS news agency. The official stated that suicide was the initial cause of death, as quoted in a report by The Moscow Times. Although the cause of Timma's death was not immediately known, the emergency official informed TASS that a phone with his final wish on it was discovered next to his body. The Ren TV channel was informed by an anonymous source that the text call Anya showed up on his phone.

Subscribe to enjoy similar stories. Interest rates at their highest in decades, wars in Europe and the Middle East, elections in countries as important as America and India. No matter.

China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy

Subscribe to enjoy similar stories. Indian textile exports are showing signs of recovery in FY25, with demand from European markets playing a crucial role in boosting figures, according to data from the ministry of commerce and industry. Exports to Europe during the April-October period reached $5.66 billion, marking a 6.39% increase compared to $5.32 billion in the same period of FY24.

Subscribe to enjoy similar stories. “IT WAS RETRO style," laughs Ruta Kaziliunaite, the co-ordinator of Lithuania’s Special Investigation Service (STT), the country’s anti-corruption police. Last November the former leader of the Liberal Movement party was convicted of taking bribes from an executive at MG Baltic, a trading and real-estate conglomerate.

Latvian police say that criminal proceedings have been initiated against two Lithuanian citizens suspected of counterfeiting Ariel laundry detergent products and distributing them in significant quantities across Europe

The European Union is ready to lend Ukraine up to $39 billion as part of a loan package organized by the Group of Seven major industrial nations

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Estonia, Latvia and Lithuania say they are committed to completing by the end of the decade a financially troubled and badly delayed high-speed rail project integrating the three Baltic countries with the continental European rail network

“The time has come for policy to adjust,” Fed Chair Jerome Powell told an annual gathering of global policymakers and economists in Jackson Hole, Wyoming, all but committing the US central bank to lowering rates when officials meet in September.

European Central Bank policymakers are lining up behind another interest rate cut in September and only major data surprises in the coming weeks could delay the move, on and off record conversations with seven sources indicate. Financial markets already overwhelmingly expect a fresh rate cut next month, but policymakers have been circumspect on their next move after the central bank was criticised by some for too overtly committing itself before its first rate cut back in June. A raft of figures on growth, wages and prices in recent weeks has started to sway them and many are increasingly open to discussing their views, arguing that conditions laid out for a cut are being fulfilled.