Latvia Financial News

17.07 / 07:32

CEO security Continental War country Baltic countries notify Russia and Belarus they will exit the Moscow-controlled electricity grid

The electricity grid operators of the three Baltic countries on Tuesday officially notified Russia and Belarus that they will exit a 2001 agreement that has kept Estonia, Latvia and Lithuania connected to an electricity transmission system controlled b...

13.07 / 10:42

UPS Racing Cycling stage country pop sprint The cyclist who uncorked a historic victory at the Tour de France

TURIN, Italy—Over more than 120 years of history, the Tour de France had seen stage winners emerge from 33 different countries. The list included historic cycling powerhouses like France and Belgium, more recent talent hubs such as Denmark and Slovenia, and even a couple that came completely out of nowhere, like Latvia. But the roll call of winners at cycling’s biggest bike race expanded a little Monday when a 24-year-old named Biniam Girmay crossed the line first to become the first Eritrean to take a stage here.

13.07 / 05:14

UPS economy Election country peace Ukraine’s European allies are either broke, small or irresolute

The perfect European, or so the sarcastic quip goes, should drive like a Frenchman, cook like the Dutch, be as organised as the Greeks and as humorous as a German. A variant of the joke might haunt those trying to devise the perfect ally for Ukraine as it fends off Russian aggression. Imagine a country the size of Latvia, with the budget problems of the hard-up Italians, the willingness to pitch in of Kremlin-loving Hungarians and the arms industry of neutral Ireland.

12.07 / 16:12

UPS Provident European Union Investigations International Latvia Authorities Hit Crypto Service Payeer with $10m Fine for Russia Sanctions Violations

Latvia’s financial crimes unit has fined the crypto pay service provider Payeer a “record” $10 million for violating EU sanctions on Russia.

12.07 / 13:05

UPS Citi Aviat security electronic information Kansas businessman pleads guilty in case over illegal export of aviation technology to Russia

A Kansas business executive has pleaded guilty to illegally exporting sensitive American aviation to Russian companies in violation of U.S. sanctions

07.06 / 03:31

Google Election Celebrity country 2020 rights Google Doodle celebrates EU elections 2024 in Ireland, Czechia, Estonia

27 countries of the European Union will join the European elections which began yesterday i.e. on June 6.

06.06 / 13:21

markets CEO show country reports Germany's Diehl to further expand production of IRIS-T air defence systems

Diehl plans to further expand production of the IRIS-T medium-range air defence system, CEO Helmut Rauch told reporters at the ILA air show in Berlin on Thursday.

21.05 / 14:29

Citizens country cover travelers Schengen Visa fees hike: Europe trips to get costlier as European Commission hikes fee by 12%

₹8,200) It is important to know that the Schengen area covers 29 countries, including 25 European countries. The countries that are part of the Schengen area are Germany, France, Italy, Spain, Norway, Switzerland, Poland, Portugal, Romania, Luxembourg, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Greece, Latvia, Lithuania, Hungary, Malta, Netherlands, Austria, Slovenia, Slovakia, Finland, Sweden, Iceland, and Liechtenstein.

20.05 / 06:29

UPS Man War country testing International Many armies struggle for recruits. In Sweden they turn them away.

REVINGEHED, Sweden—Deep in the Scandinavian forest, Elin Forsberg’s face is planted in the grass, her arms pinned to her back by two soldiers in mock arrest. The 19-year-old high achiever is one of the newest members of Sweden’s armed forces and a product of its fiercely competitive conscription process. “It’s a privilege," Forsberg says of being chosen for military service—less than 10% make the cut.

14.05 / 01:05

UPS security Election War Battlefield Lithuanians vote in a presidential election as anxieties rise over Russia and the war in Ukraine

Lithuanians have voted in a presidential election at a time when Russian gains on the battlefield in Ukraine are fueling greater fears about Moscow’s intentions

11.05 / 00:22

security Election President Universities War Battlefield Lithuania holds a presidential vote as anxieties rise in the Baltics over Russia and war in Ukraine

Lithuania is holding a presidential election on Sunday at a time when Russian gains on the battlefield in Ukraine are fueling greater fears across all of Europe about Moscow's intentions

04.05 / 16:57

President War show reports Courts International Russia puts Ukraine's Zelenskiy on wanted list

Russia has opened a criminal case against Ukrainian President Volodymyr Zelenskiy and put him on a wanted list, the state news agency TASS reported on Saturday, an announcement Ukraine dismissed as evidence of Moscow's «desperation». TASS reported that the Russian Interior Ministry database showed Zelenskiy was on a wanted list but gave no further details.

24.04 / 09:59

markets FIVE Manufacturing Experts country Pharmaceuticals India's pharma exports rise 10% to USD 27.9 bn in FY24

pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, pharma exports in March grew by 12.73 per cent to USD 2.8 billion. In 2022-23, the exports stood at USD 25.4 billion. The top five export markets, for the sector during the last fiscal, are the US, the UK, the Netherlands, the United Kingdom, South Africa and Brazil.

23.04 / 09:13

Provident Cooper Mobile country travelers rights Updates Indians can now apply for multiple entry Schengen visa with longer validity. Check details

Germany. According to the European Union's official website, the rules have been updated in view of strengthened relations between European Union and India under EU-India Common Agenda on Migration and Mobility. This agenda seeks comprehensive cooperation on migration policy between the European Union and India, with facilitation of people-to-people contacts being of key aspect due to the importance of India as a partner for the EU.

14.04 / 08:45

UPS reports Scandals Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal

The head of Latvia’s government has tapped an experienced diplomat to become the Baltic nation’s new foreign minister after the current post holder stepped down earlier this week amid a criminal probe over alleged misuse of government funds

28.03 / 21:57

UPS Aviat wellness stage reports Scandals Latvia's foreign minister will step down after a probe over his office's use of private flights

Latvia’s top diplomat said on Thursday he will step down in the wake of a criminal probe over the use of expensive private flights by his office when he acted as the Baltic country’s prime minister between 2019-2023

25.03 / 09:15

security Bill track country 2020 Department Washington approves $228 million in US military aid to the three Baltic states, Estonia says

Estonia's defense officials say the U.S. Congress has passed a bill that involves a total of $228 million in military and defense aid to Estonia, Latvia and Lithuania this year under the Baltic Security Initiative

19.03 / 17:13

markets COST Target Reuters Interviews ECB's Kazaks 'comfortable' with market bets on three rate cuts this year

By Francesco Canepa and John O'Donnell

13.03 / 13:41

COST Target economy Food President Rate Cut ECB rate cut likely in June, French central bank chief says 'victory on inflation really within sight'

European Central Bank will lower borrowing costs in the spring, with June more likely than April for a first move, Bank of France Governor Francois Villeroy de Galhau said. “We will probably cut rates in spring, and spring in Europe is from April to June 21," Villeroy said on France Info radio.

08.03 / 21:05

wellness War country peace Turkey's Erdogan offers to host a peace summit with Russia during a visit from Ukraine's Zelenskyy

Recep Tayyip Erdogan, whose NATO-member country has sought to balance its close relations with both Ukraine and Russia, offered during a visit Friday from Ukrainian President Volodymyr Zelenskyy to host a peace summit between the two countries. Erdogan, who has repeatedly discussed brokering a peace deal, said at a news conference in Istanbul following his meeting with Zelenskyy that he hoped Russia would be on board with Turkey’s offer.

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