When they go to the bank for a loan, potential borrowers usually feel a little worried that the bank will refuse to lend money, and if they grant a loan, then under what conditions. To get a better understanding of how the credit history is created and how it affects the possibilities for individuals and … Read more
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Kamala Harris Proposes Federal Ban on Corporate Price-Gouging in Food Industry The Vice President of the United States, Kamala Harris, is set to announce a groundbreaking initiative aimed at tackling high grocery prices. According to her campaign team, Harris will propose the first federal ban on “corporate price-gouging in the food and grocery industries.” A … Read more
Despite automation, digitization, Green Deal requirements and artificial intelligence capabilities, Europe will need more and more workers, and at the same time retraining and lifelong learning will be needed with a national approach. This was revealed by Baiba Rozentāle, head of the customer service department of the personnel rental company SIA Biuro, in an interview … Read more
Estonian real estate company “Kose Männisalu” has become the owner of Latvian construction company SIA “Merks”, according to “Firmas.lv” information. On the other hand, the Estonian citizen Mēlis Olevs has become a real asset to the company. It was already reported that the Estonian construction company “Merko Ehitus” announced at the beginning of August that … Read more
Along with an increase in the financial market and high interest rates in the Baltic countries, the bond market is attracting more interest from investors. Do the securities still offer good investment opportunities, or are there signs that the Baltic market is getting too hot? A number of factors have contributed to the attractiveness of … Read more
The milk processing and ice cream production company “Food Union”, which includes the production centers AS “Rigas piena kombināts” and AS “Valmieras piens”, closed the year 2023 with a consolidated turnover of 150.2 million euros , which is +12% more compared to the previous period (127.8 million euros). Gross profit increased +49% from 17.7 million … Read more
Bitcoin and gold are often compared in financial circles, especially given their reputation as a “store of value” and their status as “safe” investments in times of economic turmoil. This analogy has gained even more traction with the rise in popularity of digital currencies, leading some to refer to the phenomenon as the “new digital … Read more
Estonia plans to replace most paper receipts for transactions and invoices with digital documents confirming transactions next year, according to a draft law developed by the Estonian Ministry of Economy. The purpose of the bill is to change consumer protection laws that govern the issuing of purchase receipts and invoices sent pursuant to long-term contracts. … Read more
Someone gave a loan, someone bought a car, someone earned by renting property – let’s see what were the expenses, income and purchases of the 14 Saeima members last year, writes “Kas Jauns” magazine. Daiga Mierina’s salary – 85 thousand The speaker of the Saeima Daiga Mieriņa (55) received a salary of 85.4 thousand euros … Read more