airBaltic has accumulated 503 million euros in debt and 856 million euros in lease liabilities
On the 14th of September this year, when Latvia’s national airline airBaltic filed for restructuring under Chapter 11, its funded debt stood at…
Author: Ogres
Significant dissatisfaction brews over the lifting of EU sanctions on Russian billionaires
The European Union is facing growing discontent over the lifting of sanctions against Russian billionaires Mikhail Fridman and Alisher Usmanov; some have pointed…
Stepaņenko’s father’s construction company in Russia produced “dragon’s teeth” for Russian army
Sergei Fedotov, the father of Jūlija Stepaņenko, the prime ministerial candidate of the Sovereign Power/Young Latvians alliance, is the majority owner of two…
Trump gives Chinese leader a warm welcome; will discuss trade, Taiwan and AI
US President Donald Trump gave Chinese President Xi Jinping a warm welcome—greeting him with a military flypast and a 30-meter-long red carpet—to kick…
New precipitation zone sweeps across Latvia, bringing very heavy rain
On Thursday, the 24th of September, brief periods of rain are expected in some areas, while a new precipitation zone will spread across…
British plan to release prisoners sparks concern among Europeans
The UK is preparing to release thousands of prisoners early to alleviate prison overcrowding, a plan that has raised concerns among neighboring countries,…
Macron criticizes Trump in General Assembly address
French President Emmanuel Macron has sharply criticized US President Donald Trump’s efforts to establish peace in Gaza during his address to the UN…
Hacker arrested over cyberattacks on at least two Latvian companies
On the 15th of September, Latvian State Police arrested a hacker born in 2003 on suspicion of carrying out cyberattacks against at least…
War continues; wheat buyers brace for higher prices
As Russian aggression in Ukraine persists, buyers worldwide seeking to replenish dwindling wheat stocks face painfully high prices, reports Reuters. Major wheat importers…
