In recent years, food in Lithuania has been cheaper than in Latvia or Estonia

In previous years, we have experienced both Covid-19 and the Russian invasion of Ukraine. As a result, food prices have skyrocketed. “Prices have really gone up a lot, but they’ve definitely come down now. Many products have become cheaper, businesses have learned to live in new conditions,” Gulbe explained. Butter prices fell from 10 euros … Read more

what awaits the country this year?

However, if we look more broadly, all the joy will fade away, since in real terms wages are relatively low, material insecurity of the population is pervasive, and many Latvians lack the financial resources to ensure that the country’s domestic consumption growth becomes a sustainable engine for economic breakthrough and much less increase overall well-being. … Read more

There are fewer poor people in Latvia within a year

The aggregated data shows that material and social insecurity is still significantly prevalent among residents with the lowest incomes (the first quintile group), but its level in this group in 2023 decreased to 18%, which is less than in 2022. 4.3 percentage points. At the same time, given that when calculating this indicator, a subjective … Read more

The Japanese central bank maintains negative interest rates

2023-12-19 11:42:52 Noha Makram – Live – The Bank of Japan maintained its ultra-loose monetary policy on Tuesday, in a widely expected move, with the bank preferring to wait for more evidence that wages and prices will rise enough to justify a shift away from its massive stimulus policy. The central bank fixed short-term interest … Read more

Global stocks stabilize and euro zone revenues decline

2023-12-05 12:06:44 Noha Makram – Live – German 10-year government bond yields fell to their lowest levels in six months on Tuesday, while global stocks settled at their highest levels in four months as traders strengthened their bets on the European Central Bank cutting interest rates in early 2024 and maintained their expectations about the … Read more

Gold prices rose globally at the end of Wednesday’s trading

2023-11-29 19:21:27 Live: Gold prices consolidated their gains, at the close today, Wednesday, with increasing investors’ expectations that the Federal Reserve will end its monetary tightening cycle in the United States. Upon settlement, gold futures prices for February delivery (the most active) rose by 0.35%, or $6.9, at $2,067.1 per ounce, which is the highest … Read more

Stability of the exchange rates of the dollar against the Egyptian pound in morning trading

2023-11-27 08:12:00 Cairo – Mubasher: The exchange rate of the dollar against the Egyptian pound stabilized at the beginning of trading today, Monday, in Egyptian banks. In the two largest local banks in terms of assets and transactions, “Al-Ahly of Egypt and Misr,” the price of the dollar stabilized, recording 30.75 pounds for purchase and … Read more

“Mazaya” finalizes capital reduction approvals to extinguish accumulated losses

2023-11-27 05:21:28 Doha – Mubasher: Mazaya Real Estate Development Company announced that it has completed obtaining all official approvals. To implement the process of reducing the company’s capital, in accordance with the decision of the Extraordinary General Assembly issued on May 17, 2023; To extinguish accumulated losses. The reduction will take place, according to a … Read more