Lithuania Financial News

Estonia, Latvia and Lithuania have banned vehicles with Russian license plates from entering their territory as part of the European Union’s recent new interpretation of sanctions against Moscow over its war on Ukraine

Basketball World Cup, the United States faced their first loss, succumbing to Lithuania with a score of 110-104 in a quarter-final seeding game. This unexpected outcome came as a shock to many, considering the U.S. team's strong performance leading up to the World Cup.

FIBA Basketball World Cup, the USA have registered two initial wins, cruised past Greece, and have clinched the group round. Canada defeated France, who were eliminated on Sunday after yet another defeat at the hands of Latvia. Steve Kerr has coached Team USA and led by Anthony Edwards, Jalen Brunson, Jaren Jackson Jr. and Mikal Bridges led them. The US finished seventh in 2019 and they hope for a better result this year.

Neeraj Chopra is set to vie for his second consecutive medal at the World Athletics Championships in Budapest, Hungary, following his impressive qualification throw of 88.77m during Friday's qualification round. The 25-year-old athlete, who clinched a silver medal at the 2022 championships held in Eugene, United States, not only topped the qualification round but also secured a spot at the 2024 Paris Olympics. Chopra will face stiff competition in the final, which includes 11 other athletes, including two fellow Indians, Manu DP and Kishore Jena. Here's what you need to know about watching the final and the participants:Where to watch the World Athletics Championships 2023 javelin throw final in India? Viewers can catch the final live and for free on the JioCinema website and the JioCinema app.

Volodymyr Zelenskyy on Sunday vowed stern retaliation for a Russian missile strike in the center of the northern Ukrainian city of Chernihiv that killed seven people and wounded almost 150 others the day before. «I am sure our soldiers will respond to Russia for this terrorist attack. Respond tangibly,» Zelenskyy said in a video address published in the early hours of Sunday at the end of a visit to Sweden, his first foreign trip since attending a NATO summit in Lithuania last month.

European Union nations are resisting an updated climate pledge showing the bloc is on course to over-deliver on emissions cuts ahead of COP28, in the latest sign of concern over the pace of the green transition. The European Commission, the bloc’s executive arm, is aiming to submit by September a revised pledge showing it’s on course to slash carbon emissions by 57% by 2030, according to a draft document seen by Bloomberg. But Poland, Lithuania, Hungary, Italy, Slovakia and Romania are concerned that the figure — higher than the 55% targeted under the bloc’s green deal — is too ambitious, according to people familiar with the matter.

Russia's Kaliningrad region on Saturday during a training mission, killing the two pilots on board. «The Su-30 aircraft crashed in a deserted area.

The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report."

The Financial Intelligence Unit (FNTT) of Lithuania has released a new list of anti-money laundering (AML) violators, featuring several crypto service providers in the country.

The prime ministers of the three Baltic countries agreed Thursday to speed up their nations’ disconnection from Russia’s power grid by nearly one year and connect with the continental European energy network by February 2025

The prime ministers of the three Baltic countries agreed Thursday to speed up their nations’ disconnection from Russia’s power grid by nearly one year and connect with the continental European energy network by February 2025

Ministry of Defence said it began live-fire naval exercises in the Baltic Sea on Wednesday, ratcheting up tensions with nearby European nations that are already high over NATO and Ukraine. Russia last carried out mass military exercises in the Baltic Sea in June, two months after Finland became NATO's newest member.

Greece’s prime minister says his country wants to take full advantage of a developing positive climate with neighboring Turkey in order to improve bilateral relations despite a string of decades-old disputes

As a growing number of Wagner soldiers gather in Belarus, neighbouring countries are mulling a border closure. Polish officials said that more than 100 mercenaries belonging to the Russian-linked mercenary group had moved close to the shared border. Prime Minister Mateusz Morawiecki described it as a step toward a “hybrid attack on the Polish territory".

WARSAW (Reuters) — A group of a hundred soldiers from the Russian Wagner group have moved closer to the Belarusian city of Grodno near the Polish border, Polish Prime Minister Mateusz Morawiecki said on Saturday.

According to Andrey Kartapolov, a Russian politician and former army officer, the relocation of the Wagner group to Belarus positions Russia in a favourable position to swiftly target NATO assets near Poland and Lithuania. Kartapolov mentioned in a statement to Russian state television that the private military company has the capability to strike the border region of Poland and Lithuania within a short span of "a matter of hours" from its newly established base.

Ukraine’s failure to secure an invitation to join the North Atlantic Treaty Organization (Nato) during the alliance’s annual summit in Vilnius, Lithuania, has disappointed many, including Ukrainian President Volodymyr Zelensky. But although the summit’s concluding statement did not offer a definitive timetable for Ukrainian accession, it did demonstrate a degree of unity and strategic foresight that would have been impossible had Donald Trump still been president of the US. To be sure, Nato leaders’ promise to extend an official invitation to Ukraine “when Allies agree and conditions are met" was somewhat nebulous, and Zelensky, angered by the ambiguity, criticized the Western position as “unprecedented and absurd." But US President Joe Biden was right to suggest that the war must end before Ukraine is allowed to join.

The updated 2023 Henley Passport Index Tuesday placed Singapore as the world's most powerful passport with visa-free access to 192 travel destinations out of 227 around the world.  Three European countries Germany, Italy, and Spain move up one slot with 190 visa-free destinations and shared the second place. Japan has been knocked off the top spot for the first time in five years and slipped to third place as the number of destinations its passport can access without a visa fell to 189.

Taiwan is looking to buy National Advanced Surface-to-Air Missile Systems, or NASAMS, from the United States to upgrade its air defence capabilities having seen how well they work in Ukraine, the island's defence minister said on Tuesday. China, which claims Taiwan as its own territory, has stepped up military and political pressure over the past three years to try to force the democratically governed island to accept Beijing's rule. NASAMS have been provided by the United States for use in Ukraine, with USA officials saying they have had a 100% success rate in intercepting Russian missiles. The system, developed and built by Raytheon Technologies and Norway's Kongsberg Gruppen is a short- to medium-range ground-based air defence system that protects against drone, missile, and aircraft attack, which both Canada and Lithuania have also bought, or are buying for Ukraine. Asked on the sidelines of parliament about Taiwan buying NASAMS, Defence Minister Chiu Kuo-cheng said «certainly» there was a proposal to get them.

On 8 July, Ukraine marked its 500th day of holding out against Russia, whose openly revanchist bid to keep Kyiv aligned—and Black Sea access secure—was foiled with such hardy resolve that the war-torn country’s will to embrace the West was left in little doubt. Relations between the two ex-Soviet republics had snapped chiefly over Kyiv’s interest in joining the US-led North Atlantic Treaty Organization (Nato), a mutual defence pact whose nuclear umbrella covers most of the rich West. Russia’s invasion of Ukraine pushed its Nordic neighbours Sweden and Finland to seek the same security.