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- Flawed Latvia Rescue Defers EU's Financial Disintegration
With numbers in the trillions being thrown around today, it was no surprise that the recently concluded $10.50 billion rescue package for Latvia failed to find its way into the news headlines. The emergency aid amounts to $4,000 for every man, woman and
- Lejeune brigade may be Afghanistan bound
JACKSONVILLE, N.C. The 2nd Marine Expeditionary Brigade may be headed to Afghanistan later this year, diverting thousands of troops once headed to Iraq. Planning for the potential MEB deployment is underway at Camp Lejeune, N.C., said one person
- Latvia receives first batch of IMF ...
RIGA - Latvia has received the first segment of a 7.5 billion euro loan from a group of international lenders aimed at easing the country?s economic hard landing. The Latvian Finance Ministry said on Dec. 29 that it received 589.57 million euros from
- The view from Latvia ...
Andris Vilks is the chief economist for SEB Latvija, one of the largest banks in the country. Here, he makes some predictions about the current economic crisis and gives his views on the recent IMF loan. How do you see Latvia recovering from the current
- Latvian Tax Changes Come Into Effect
A number of tax amendments came into effect on January 1 in Latvia, including a 3% value-added tax increase, changes to excise tax law and a 2% increase in personal income tax. The full content of the story you requested is only available to subscribers.
- Hyundai Heavy Industries to Build New Frigate
A graphic model of the FFX Staff Reporter Hyundai Heavy Industries has been awarded a contract to build the lead ship of the South Korean Navy's new 2,300 ton-class frigates to begin service in 2011, a military source said Wednesday. The Defense
- Moody's cuts Latvia rating, sees risks despite IMF
RIGA, Jan 7 (Reuters) - Ratings agency Moody's said on Wednesday it had cut its rating of the Baltic state of Latvia, saying the country still faced risks despite a 7.5 billion euro ($10.21 billion) IMF-led and EU bailout. Moody's reduced its foreign and
- UN report paints Poland as near a murder-free oasis
Poland has one of the lowest murder rates in Europe One person per 100,000 is murdered in Poland, one of the lowest figures in Europe, according to a new United Nations report surveying 200 countries around the world. The Baltic states, Lithuania, Latvia
- Poland in bottom ranks of murder statistics
is murdered in Poland, one of the lowest figures in Europe, according to a new United Nations report surveying 200 countries around the world. The Baltic states, Lithuania, Latvia and Estonia have the highest murder rates in the EU - in Lithuania 8.3 in
- TABLE-Latvia Nov industry output falls 13.9 pct y/y
Jan 7, (Reuters) - The Latvian statistics office on Wednesday released the following data for industrial output in November 2008. LATVIAN INDUSTRIAL OUTPUT Nov '08 Oct '08 Nov '07 Pct change month/month -3.1 -3.7 +1.0 Pct change year/year -13.9 -9.0 +1.1
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After a brief period of independence between the two World Wars, Latvia was annexed by the USSR in 1940. It reestablished its independence in 1991 following the breakup of the Soviet Union. Although the last Russian troops left in 1994, the status of the Russian minority (some 30% of the population) remains of concern to Moscow. Latvia continues to revamp its economy for eventual integration into various Western European political and economic institutions.
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