airBaltic rating downgraded: Fitch warns of weak financial flexibility and uncertain IPO timeline
The international credit rating agency Fitch Ratings (“Fitch”) has downgraded the long-term Issuer Default Rating (IDR) of Latvia’s national airline airBaltic from “B–”/negative…
A grey and damp week ahead: fog, rain, and even snowflakes at night
At the beginning and middle of the week, the weather will be fairly uniform — skies will be mostly cloudy, and light precipitation…
After damaging the border fence, a Russian citizen enters Latvia
In Ludza Municipality last Saturday, border guards detained a Russian citizen who illegally crossed the state border from the Russian side, the State…
With power so close, Germany’s far right seeks to improve its image
Before Leif-Erik Holm became the Alternative for Germany (AfD)’s lead candidate in the federal state of Mecklenburg-Western Pomerania, he was a popular DJ…
Why are wages rising in Latvia while the number of jobs is decreasing? CSP data explained
In the third quarter of this year, the average gross monthly wage in Latvia was 1,835 euros, and compared to the third quarter…
Hong Kong authorities arrest more people; search continues for missing in devastating fire
Hong Kong authorities said they had arrested 13 more people for negligence that led to the deaths, citing the use of substandard materials…
Don’t fall for It! These schemes are used by scammers who extracted nearly half a million euros in one week
Last week, 460,937 euros were defrauded from residents of Latvia, according to information from the State Police. From the 24th to the 30th…
EU to Trump: Putin must not be pardoned for war crimes
The European Union has warned that US President Donald Trump’s efforts to broker peace in Ukraine must not allow Russian dictator Vladimir Putin…
A new trend in Latvia’s fuel market: stability, while neighbours face chaos
Fuel prices in Latvia are currently changing evenly and steadily, the chair of the board of the Latvian Fuel Traders Association, Ieva Ligere,…
