Latvian Railways Want 32 Million Euros in Support

In earlier years, this materials was actively provided to Russia by way of Latvia and Estonia, however the aggressor nation used it within the manufacturing of weapons. The Latvian transit trade is looking for new cargo to interchange manganese ore. In flip, “Latvijas dzelzceļš” (LDz), taking into consideration the impression of common sanctions, is making … Read more

Are folks not wanted? iPhone assemblers shall be changed by robots

The report states that the American firm’s long-term plans embrace changing all low-skilled workers with robots. Again within the fall of 2022, Apple’s senior vice chairman of operations, Sabih Khan, instructed his managers to plan to chop half of the staff concerned in assembling devices. In keeping with consultants, Apple was prompted to take this … Read more

how Jews within the Latvian division fought in opposition to the Nazis

However even on the micro degree, inside a single small nation, the occasions of these years are nonetheless the so-called complicated pages of historical past. And it doesn’t get simpler with time. “Double marginalization” Subsequently, it’s value turning to these sources that have been printed earlier than 2022. The English-language work of historian Konstantin Fuks, … Read more

Latvia is attracting increasingly more bold overseas movie initiatives

Over the previous two years, the Latvian Funding and Improvement Company (LIAA) has efficiently managed competitions for overseas movies, attracting massive investments. Throughout the first yr and three months, 16 movie initiatives had been supported, which obtained 3.6 million euros of presidency co-financing and attracted investments price 18 million euros to Latvia. The current competitors … Read more

In Riga, there are important visitors restrictions in the course of the marathon

On Sunday, Might 19, from 7 a.m. to five p.m., in the course of the marathon, half marathon, 10 and 5 km races, the police will prohibit and shut automobile visitors each within the metropolis heart and in close by Pardaugava between the Stone and Cable-stayed bridges. Stopping and parking of autos might be prohibited … Read more

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

Companies that grew rich during the pandemic have lost a third of their market value

Fifty companies lost a total of regarding $1.5 trillion in value, experts concluded. The American company Zoom Video Communications (developer of software for video conference calls) has seen its price drop most noticeably. After growing more than fivefold, its shares became cheaper by 80 percent (minus $77 billion in capitalization). Shares of RingCentral (cloud solutions … Read more

Electric cars are slowing down, EU decarbonization is stalling (VIDEO)

The European Court of Auditors questions the ability of the EU countries to completely abandon internal combustion engines by 2035. The controller of European financial policy puts forward at least three compelling arguments, pointing to the “lack of a tangible reduction in CO2 emissions in the EU at the present stage, lack of progress in … Read more