Posts published in Day: October 6, 2018

Lithuania’s cryptocurrency market was worth EUR 660 mln in 2017

Saturday, October 6, 2018

Major transactions, worth around 660 million euros, have been carried out on the Lithuanian cryptocurrency market since the start of 2017, done by 542 natural and legal persons, an analysis by the country’s Financial Crime Investigation Service has shown, referred LETA/BNS. SEB, Swedbank, Luminor, Danske Bank and Citadele banks as well as companies Pervesk and Mister Tango serviced clients which carried out operations with cryptocurrencies over that period, according to figures provided to journalists by FCIS on…

Russian military releases photo showing B-52 bomber flying above Syria

Saturday, October 6, 2018

The Russian military has released footage of a US B-52 Stratofortress heavy long-range bomber flying above Syria. An Instagram account claiming to be of a Russian pilot of a fighter jet, posted a picture purportedly of a US B-52 Stratofortress heavy long-range bomber flying above Syria. The released photo is showing B-52 Stratofortress returns after concluding operations against ISIS terror group and flying over Syria. No further information has been made available regarding…

Pension funds motivated to make more money

Saturday, October 6, 2018

The Ministry of Finance has sent out for coordination changes to the second pillar of pension aimed at motivating fund managers to earn more money for future pensioners. The amendment will cut management fees and tie those of more active funds to results. In other words: pension funds will qualify for performance pay. Changes will abolish restrictions on buying shares and allow funds that invest 100 percent of assets is…

NASA’s small problem

Saturday, October 6, 2018

When Nasa first began sending astronauts into space, they were confronted by a small problem. Their standard ballpoint pens would not work in space. They spent a decade and twelve million dollars designing a pen that would work below three hundred degrees, in space, and on glass. Russia used a pencil.

Lithuania is no longer swimming naked in a global growth tide

By Vaiva Šečkutė on Saturday, October 6, 2018

The Lithuanian economy has emerged stronger, more competitive and has been able to achieve more balanced growth during the most recent global upswing. However, as the tide is turning, it is important to acknowledge that Lithuania is not only stronger, but also smaller than before, with the working age population now almost 20 per cent lower than in 2000. Lithuania has been demonstrating one of the strongest growth rates in…

Steven Seagal storms off BBC interview after questions about rape allegations

Saturday, October 6, 2018

Steven Seagal walked off a BBC interview Thursday after he was asked about accusations of rape and other instances of sexual misconduct aimed at him. The 66-year-old entertainer was speaking with Kirsty Wark on the program Newsnight when she brought up the #MeToo movement, and how it’s impacted him. ‘You’ve been very much caught up in all the allegations of sexual harassment’ Wark told Seagal. ‘You had a rape allegation against you…

Lithuanian PM to go to Japan next week

Saturday, October 6, 2018

Lithuanian Prime Minister Saulius Skvernelis will pay a visit to Japan next week, representatives of the government have confirmed. During the visit, the prime minister will try to create better conditions for Lithuanian exports to Japan and step up Japanese investment in Lithuania, his spokesman Tomas Beržinskas told BNS Lithuania. Skvernelis will visit Japan on Oct. 9-12. More details will be published later. Japanese Prime Minister Shinzo Abe visited Lithuania…

Lack of child care burdens US servicemembers in Germany

Saturday, October 6, 2018

A lack of day care in the largest U.S. military community overseas is straining families and impacting unit operations, as some servicemembers say they had to hire live-in help or have taken their children to work to make up for the shortfall. Child development centers in the Kaiserslautern military community in Germany are beyond capacity because they cannot hire enough child care workers, military officials say. Meanwhile, public German day…