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breakingnews
01.08.2009, 10:42
1 comment
At a time of crisis people will sometimes do anything to make ends meet. In Latvia they're ready to sell their immortal souls for a cash loan. The man behind the business has been dubbed a modern Mephistopheles.
22.07.2009, 14:15
The world financial crisis has hit the Latvian prison system hard. Inmates have written an open letter to the press, saying their rations have been cut and that they are forced to pay for their imprisonment.
16.11.2009, 15:03
1 comment
A promotional campaign aimed at attracting tourists to the Latvian capital has kicked off with a major gaffe, when media were presented example posters proudly stating: “Riga city – easy to go, hard to live.”
20.11.2009, 19:58
1 comment
Despite the increasing awareness among EU citizens of their rights, levels of age discrimination have risen considerably in the Union. The new opinion survey released by the European Commission has some alarming figures.
26.05.2010, 15:30
With the euro having slumped to its lowest level in nearly four years against the US dollar, analysts say the markets are selling off until they are convinced that fiscal discipline is restored.
22.10.2010, 01:17
6 comments
China’s rate of development on a global scale is moving faster and more consistently the other nations. Should the world take note of the Chinese economic system?
23.04.2010, 20:11
3 comments
Greece has formally asked the EU and the International Monetary Fund to activate the debt-rescue plan to help pull its economy out of crisis.
08.02.2010, 03:19
17 comments
For 40 years the US was the dominant economic power, but today China and India are emerging and there is a complete change internationally, former World Bank president James Wolfensohn told RT at Davos.
03.02.2010, 15:07
12 comments
Russia’s ruling United Russia party has said they may demand the resignation of the Federation Council speaker Sergey Mironov over his criticism of Prime Minister Vladimir Putin’s policies.
15.09.2009, 09:36
6 comments
The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.
Published: 02 December, 2009, 12:08
Edited: 21 August, 2010, 07:59
The Latvian parliament has approved its budget for 2010. One of the expense articles implies aid to “poor countries”, on which the country has generously allocated less than $2,000.
Latvia is a poor country, it makes sense to 'get their house in order' first.