Minor damage to the battery turns electric cars into junk
For most electric cars it is impossible to repair even the smallest battery damage, which means that sometimes the cars are written off…
Category: Business
Week in Lithuania: Tax reform package to be unveiled; Taiwanese fintech obtains Lithuanian license
This week, Lithuania expanded cooperation with Taiwan, and held joint military exercises with France, while the Lithuanian Orthodox Church is trying to reduce…
Sudden shocks in US banking system opens opportunities for future pensioners, says investment expert
SEB Bank Wealth Management chairman Jānis Rozenfelds has released an optimistic explanation for the situation in regards to the shocking news reported this…
Latvian Ministry of Transport to divert half of its budget towards roads in 2023
The Ministry of Transport reports that in 2023 it plans to divert EUR 341.9 million or 46% of its total available funding is…
Credit Suisse reports borrowing; concerns grow in the financial market
Swiss bank Credit Suisse has said it will borrow up to 54 billion dollars from the Swiss central bank to boost investor confidence…
European Commission suggests reforming EU’s electricity market model
On Tuesday, the 14th of March, the European Commission (EC) proposed reforming the European Union’s electricity market model, as noted by EC’s press…
OPINION | Kazakhstan’s importance on a rise for global and Latvian economy
Ilona Bērziņa, BNN The visit of US Secretary of State Antony Blinken to Kazakhstan was a clear and unambiguous signal of further strengthening…
Only 30% of used cars in Latvia come from Germany
Although Germany is the source of most used cars in Europe, the situation does differ from place to place. Motor industry-related data company…
Latvia forced to pay enormous fines for non-recycled plastic
It turns out that for two years now Latvia has been paying the European Union enormous amounts for non-recycled plastic, as reported by…
