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Category: Business

Latvia must choose – help prevent a global food crisis or continue feeding Russia’s war economy

12.05.202612.05.2026 Ogres

The world is approaching a dangerous threshold. The United Nations has warned that disruptions to fertilizer supplies could trigger a massive humanitarian catastrophe…

Latvia “gifts” millions to Russia while its own jobs and tax revenues continue to decline

05.05.202605.05.2026 Ogres

Opinion article The mineral fertilizer transshipment terminal Riga Fertilizer Terminal (RFT) has been fighting for four years for the right to operate, preserve…

Gas supplies may remain constrained until 2027, IEA warns

24.04.202625.04.2026 Ogres

Liquefied natural gas (LNG) supplies are likely to remain constrained until the end of 2027 due to disruptions and infrastructure damage caused by…

Debt rising, deficit growing – latest data on Latvia’s public finances

22.04.202622.04.2026 Ogres

According to the latest data published by the Central Statistical Bureau, Latvia’s general government budget recorded a deficit of 1.093 billion dollars last…

Fuel retailer: the “solidarity payment” would also be strongly felt by consumers

17.04.202618.04.2026 Ogres

The so-called “solidarity payment” is a confiscatory instrument aimed at achieving political goals rather than improving public welfare, believes Aleksejs Švedovs, Head of…

Kulbergs: airBaltic cannot continue living on loans

14.04.202614.04.2026 Ogres

It is not appropriate to grant another loan to the national airline airBaltic until a clear restructuring plan has been developed, said opposition…

EU agrees on steel import restrictions

14.04.202615.04.2026 Ogres

The European Union agreed on the 13th of April to almost halve steel imports and impose a 50% import tariff on shipments exceeding…

Hundreds of taxi drivers protest against Bolt in Riga – demand limits on monopoly

13.04.202613.04.2026 Ogres

On Monday, several hundred taxi drivers in Riga took part in a protest drive against the policies implemented by Bolt, the LETA news…

Economy Minister: Latvia must regain its leading position among Baltic ports

09.04.202610.04.2026 Ogres

Latvia must regain its leading position among Baltic ports, Economy Minister Viktors Valainis (ZZS) emphasised on Thursday at a meeting of the Latvian…

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