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 about $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

“The situation at the front has worsened.” The Commander-in-Chief of the Armed Forces of Ukraine spoke about the tactical successes of the Russian Federation

In his post, Syrsky said that the most difficult situation for the Ukrainian Armed Forces had developed in two directions in the Donetsk region: Pokrovsky, that is, near the village of Ocheretino north-west of Avdeevka, where Russian troops managed to break through the defenses of the Ukrainian Armed Forces; and also on Kurakhovsky, near Marinka. … Read more

G7 countries announced a decrease in dependence on Russian fuel

This trend was also facilitated by energy savings and a decrease in gas demand achieved through alternative energy sources. G7 countries intend to end their continued dependence on Russian gas as quickly as possible, and increasing supplies of liquefied natural gas (LNG) could play an important role in this process. The meeting participants also recognized … Read more

Strike on the airfield near Rostov. Ukraine said planes were destroyed

According to sources, Su-27 fighters and Su-34 front-line bombers, which have recently been actively operating along the front line, were based at the airfield. The first data about a drone strike on Morozovsk appeared on Friday night. At about two o’clock in the morning Moscow time, the governor of the Rostov region Vasily Golubev published … Read more