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News

Graph showing the economic sentiment indicators in Latvia for May 2023 across various sectors."

In May 2023, the confidence indicator in the retail trade sector in Latvia reached 8.1, according to seasonally adjusted data. This represents an increase of 1.8 percentage points compared to April. Notably, the retail sale of fuel experienced the most significant growth in confidence, with an impressive increase of 17.6…

Latvia has launched a unique digital platform called “Work Tinder” (Darba Tinderis) to tackle youth unemployment in the country. Modeled after dating apps, this innovative tool allows young people to connect with potential employers for 15-minute interviews. The platform, known as “darbatinderis.lv,” has garnered significant interest from job seekers, with over 1,000 participants already registered. However, the engagement from entrepreneurs has been less inspiring, according to a report by Latvian…

Latvia and Israel have taken a significant step towards strengthening their bilateral ties by signing an intergovernmental cooperation program focused on education, science, culture, and sports. The signing took place during a meeting of the Latvian-Israeli Joint Intergovernmental Committee for Education, Culture, and Science Cooperation, where representatives from both countries discussed collaborative opportunities. The program, spanning from 2023 to 2026, aims to foster closer relations, enhance mutual understanding of each…

Farmers in Latvia are facing a critical situation due to devastating frosts, which have had a severe impact on the fruit sector. The loss of revenue from the harvest is expected to have long-lasting consequences for the entire sector’s development. Representatives from the organization stress the urgent need for support from the state to mitigate the damage and ensure the sector’s recovery. Support Required for Field Recovery and Market Share…

Latvian Company Develops WhatsApp Transcription System for Voice Messages

Forward IT Consulting, a Latvian company specializing in artificial intelligence (AI) solutions, has unveiled earz.ai, an innovative voice recognition and translation system that automatically converts WhatsApp voice messages into written text. This groundbreaking technology aims to enhance communication and accessibility for users who prefer reading over listening or find themselves in situations where playing voice messages aloud is inconvenient. Revolutionizing Communication and Accessibility Dmitrijs Jemeļjanovs, the visionary behind earz.ai, conceived the idea after facing challenges in his daily life. He…

Latvian KNAB Closes Pre-Trial Investigation of Rīgas Satiksme's Procurement Case, Highlighting Challenges in Acquiring Sufficient Evidence

The pre-trial investigation conducted by the Latvian Corruption Prevention and Combating Bureau (KNAB) into the procurement case of Rīgas satiksme has come to a close. The investigation focused on alleged bribery and money laundering activities involving officials from the Riga City Council, Riga state city municipality, and representatives of companies associated with the capital company. Throughout the investigation, KNAB employed various analytical, operational, and investigative activities to gather evidence. Additionally, international cooperation played a crucial role in acquiring information and…

A person on an electric scooter and a car on the road, emphasizing the need for stricter penalties for both scooter enthusiasts and motorists.

Latvia’s Saeima has taken a decisive step toward enhancing road safety by passing amendments to the Road Traffic Law. These amendments aim to impose harsher penalties and introduce new obligations for electric scooter enthusiasts, cyclists, and rickshaw drivers. While the proposed requirement for state registration plates on electric scooters was ultimately rejected, other measures were accepted in the second reading, pending a final decision by the parliament. Mandatory Registration for Electric Scooters and Rickshaws One significant change introduced by the…

Everton Decline Permanent Option for Conor Coady Everton Football Club has made the decision not to exercise a £4.5m option that would have secured defender Conor Coady’s permanent transfer from Wolverhampton Wanderers. Coady’s Season at Everton During his season-long loan at Everton, the 30-year-old Coady showcased his skills in 25 appearances and netted two goals. His contributions on the field were notable, particularly in Everton’s crucial 1-0 victory over Bournemouth on the final day of the season, which secured their…

Economic Relations

Latvia recently held online political consultations with China on May 24, marking a continuation of diplomatic engagement between the two countries. The discussions were led by Andris Pelšs, the State Secretary of the Ministry of Foreign Affairs of Latvia, and Deng Li, the Vice Minister of Foreign Affairs of China. While acknowledging their divergent perspectives on various issues, both parties recognized the importance of maintaining a regular political dialogue. Promoting Bilateral Cooperation and Balanced Economic Relations During the consultations, the…

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Tensions Rise Between Ethnic Latvians and Russian-speaking Minority Amid Ukraine Conflict

Fifteen months have passed since Russia’s invasion of Ukraine, and its repercussions have heightened tensions within Latvia between the ethnic Latvian majority and the Russian-speaking minority. With approximately a quarter of Latvia’s population being Russian speakers, a legacy of the Soviet Union, there is a noticeable increase in the number of individuals distancing themselves from their ancestral land and the Kremlin. However, this shift is not occurring rapidly enough for many native Latvians, exacerbating the situation. Selma Levrence, a young…

Latvian Prime Minister advocates NATO membership for Ukraine to secure lasting peace

Latvian Prime Minister Krisjanis Karins emphasized the significance of Ukraine’s inclusion in NATO as a crucial step towards achieving lasting peace in the region. Speaking alongside NATO chief Jens Stoltenberg at a joint news conference, Karins highlighted the need for Ukraine to be liberated and integrated into the NATO alliance for the sake of long-term stability. During the press conference, Prime Minister Karins underscored the importance of Ukraine’s freedom and liberation as prerequisites for lasting peace. He firmly asserted that…

Diverse group of individuals engaged in political discussion and debate, symbolizing the uncertainty surrounding the Latvian presidential elections.

In a recent interview with Latvijas Radio, Viktor Valainis, the faction leader of the Union of Greens and Farmers (ZZS), expressed uncertainty about the possibility of a new president being elected in Latvia in May. He reiterated that ZZS would make their decision on the Election Day regarding which candidate to support, emphasizing the importance of confidence in a candidate’s ability to fulfill their promises and the significance of public support before and after the elections. Valainis also criticized the…

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