Read the latest news from regional and global sources, presenting different voices and perspectives.
Stanley Fischer, economist and IMF crisis handler
The Times
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In the summer of 1998 the rouble lost more than two thirds of its value and Stanley Fischer surrendered a portion of his dignity. Fischer, an economic theorist turned financial-crisis firefighter, was second in command at the International...
The European flexible office market is transitioning to a strategic pillar of CRE
Facilities Management Journal
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July 3, 2025
The European flex market is reaching record heights as companies across EMEA increasingly pivot towards premium, agile workspace solutions. According to Colliers’ latest report, Flexpansion: The Architecture of Agility, EMEA’s flex office...
Expanding Riga Airport launches tender for more than 4,000sq m of commercial space
The Moodie Davitt Report
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July 3, 2025
LATVIA. Riga Airport has announced an international tender for the management of its passenger terminal commercial space. It initially incorporates floor area of more than 4,000sq m covering duty free (2,006sq m), food & beverage (1,314sq m),...
Czech and Latvian foreign ministers reaffirm unity on Ukraine, defense spending
Radio Prague International
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July 3, 2025
Czech Foreign Minister Jan Lipavský and his Latvian counterpart, Baiba Braže, reaffirmed their countries' commitment to European security and pledged continued support for Ukraine during talks held in Prague on Thursday. A key focus of the meeting...
Estonia rejects Latvia's proposal to buy 10% stake in airBaltic
ERR
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July 3, 2025
Estonia's government on Thursday rejected an offer from the Latvian Ministry of Transport to purchase a €14 million stake in Latvian airline airBaltic, Minister of Regional Affairs and Infrastructure Kuldar Leis (Reform) said. "We received an...
FTSE 100 Live: Stocks step higher as bond market calms down;...
Proactive UK
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July 3, 2025
FTSE 100 up 35 points to 8,809 Bargain-hunters snap up Convatec Bond markets calmer after Downing St reassures over Reeves Currys restores dividend after profits and cashflow improve 12:07pm: Convatec tops the risers Convatec shares rose 2.5% and...
Latvian Prime minister seeks further budget cuts but hesitates to reduce party funding
Baltic News Network
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July 2, 2025
To implement the ruling coalition’s priorities, additional austerity measures may be necessary, Prime Minister Evika Siliņa (New Unity) said in an interview with TV3. The Prime Minister explained that ministries have fulfilled their task and...
RIX Riga Airport launches international tender for commercial area management
DFNI-Frontier
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July 3, 2025
RIX Riga Airport has announced an international tender for the management of commercial spaces within the passenger terminal. The goal is to enhance the modern passenger experience and promote the growth of non-aviation revenues, both in the...
Latvia to Send 42 Armored Vehicles to Ukraine
Kyiv Post
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July 1, 2025
Latvia’s Cabinet of Ministers approved the transfer of 42 “Patria 6x6” armored personnel carriers (APC) to Ukraine today. Patria is a Finnish defense company, and the APC is jointly produced by Finland, Estonia, Germany, and Latvia. The APC was...
Truck seized for sanctions violation in Latvia
LSM
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July 3, 2025
On 10 January 2024, in order to ensure compliance with the sanctions imposed by the European Union (EU), officials from the VID Customs Administration carried out a customs inspection at the Terehova customs checkpoint on a truck (Lithuanian...
Railway on hold – temporary platforms to be built in Riga due to Rail Baltica delays
Baltic News Network
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July 3, 2025
Temporary platform construction is planned to begin in mid-July at Riga Central Railway Station, according to Artis Grinbergs, Chairman of the Board of Latvijas Dzelzceļš (LDz), speaking on Latvian Radio’s “Krustpunktā” program. He explained that...
Minister Lipavský Welcomed Latvian Foreign Minister Baiba Braže in Prague
Ministry of Foreign Affairs of the Czech Republic
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On Thursday, 3 July 2025, Latvian Foreign Minister Baiba Braže visited Prague for the first time on a working visit. Czech Foreign Minister Jan Lipavský discussed with her the current security developments in Europe, the involvement of Czech...
FTSE 100 Live: Stocks stride higher as bond market calms down; US...
Proactive UK
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July 3, 2025
FTSE 100 up 62 points to 8,837 Bargain-hunters snap up Convatec Bond markets calmer after Downing St reassures over Reeves Currys restores dividend after profits and cashflow improve 1.35pm: US jobs report stronger than expectred The FTSE 100 has...
Latvia eyes public spending cuts amid budget strain and MP rings alarm bells
BNE Intellinews
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Latvia’s government ministries have begun outlining a series of proposed cost-cutting strategies aimed at easing pressure on the national budget. More than 250 suggestions have been submitted to the Ministry of Finance, potentially paving the way...
U.S. International Trade in Goods and Services, May 2025
U.S. Bureau of Economic Analysis
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July 3, 2025
Explanatory Notes Goods (Census basis) Data for goods on a Census basis are compiled from the documents collected by U.S. Customs and Border Protection (CBP) and reflect the movement of goods between foreign countries and the 50 states, the...
Europe to revise WEEE e-waste regulations for a Circular Economy Act Business news | July 3, 2025 The European Commission is to revise the long-standing Waste Electrical and Electronic Equipment (WEEE) Directive as it prepares a…
eeNews Europe
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July 3, 2025
The European Commission is to revise the long-standing Waste Electrical and Electronic Equipment (WEEE) Directive as it prepares a new Circular Economy Act. WEEE is critical to address the growing challenges in e-waste management, but has been...
Latvia to send 42 Patria vehicles to Ukraine
Ukrinform
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July 1, 2025
On July 1, Latvia’s Cabinet of Ministers approved the transfer of 42 Patria 6x6 armored personnel carriers and other military materiel to the Ukrainian armed forces to support Ukraine's fight against Russian aggression. That’s according to LSM,...
U.S. Congressional Staff Delegation Visits Latvia To Boost Strategic Defense, Economic Ties
MENAFN
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July 3, 2025
(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 3. A delegation of U.S. Congressional staff visited Latvia from July 1 through 3, 2025, as part of a broader tour of the Baltic States and held talks to strengthen the strategic partnership...
EMEA flex office footprint hits 8.3 million m² as demand accelerates for enterprise-grade workspaces
Europe Real Estate
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Flexible office space across EMEA is entering a new era, with the region’s flex inventory growing to a record 8.3 million m² in 2024, according to Colliers’ latest report, Flexpansion: The Architecture of Agility. The shift marks a turning point...
FTSE 100 Live: Stocks step higher as bond market calms down, services PMI rebounds
Proactive UK
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July 3, 2025
FTSE 100 up 33 points to 8,807 Bond markets calmer after Downing St reassures over Reeves Currys restores dividend after profits and cashflow improve 11.11am: PMI 'weakens argument for BoE cut' While an earlier commentator said the services PMI...