Posts published in Day: October 16, 2019

Shrinking workforce and robots among challenges to Lithuania’s labour market

Wednesday, October 16, 2019

Despite recent growth of immigration, Lithuania’s workforce continues to shrink and, with automation, the number of jobs may decrease drastically in the coming decades. Remigijus Usonis is now training to be a firefighter in Lithuania. He had lived abroad for 15 years before deciding to return, partly because of his old dream of working in rescue service. “My family is also in Lithuania, we all came back together,” he says.…

Latvian man who left Armagh after assaulting police back before court seven years later

Wednesday, October 16, 2019

A Latvian national who appeared in court for offences committed in 2012 has been handed a conditional discharge. Court heard the 32-year-old had no memory of the incident due to “significant alcohol abuse” at the time. Denis Rudyak, of Gough Avenue in Armagh, pleaded guilty to assault on police, obstructing police and disorderly behaviour at the city’s Magistrates’ Court on Tuesday. Prosecution outlined that at 7.30pm on February 18, of 2012,…

Estonian minister’s mobile phone scandal reaches US media

Wednesday, October 16, 2019

The United States’ daily The Washington Post reported on the mobile phone scandal involving Estonian Minister of Foreign Trade and IT Kert Kingo, during which the minister’s Huawei phone was replaced with an Apple iPhone, the Estonian daily Postimees writes. The Washington Post wrote how Kingo’s phone was replaced, citing the security risks of the Chinese mobile phone manufacturer. Hong Yang, head of Huawei’s Baltic consumer business, said in a statement…

EU presidency’s proposal on multiannual budget unacceptable to Latvia – Rinkevics

Wednesday, October 16, 2019

Latvia finds the proposal from the Finnish Presidency on the EU’s Multiannual Financial Framework for 2021-2017 to be unacceptable, Foreign Minister Edgars Rinkevics (New Unity) said yesterday at a meeting of the EU General Affairs Council.  As LETA was told at the Foreign Ministry, Rinkevics said at the meeting that reaching a compromise will depend on the balance to be found between funding for traditional policies – the Cohesion Policy…

Sondland prepared to deny he was warned about Ukraine work

Wednesday, October 16, 2019

Gordon Sondland, the U.S. ambassador to the European Union, is prepared to tell lawmakers this week that top White House national security officials never personally raised concerns with him about his dealings with Rudy Giuliani in Ukraine, a person familiar with his account told The Associated Press on Tuesday. That statement would be contrary to earlier testimony that Sondland’s actions set off alarms in the West Wing. Sondland’s appearance is…

Locally funded banks are expanding their capabilities

Wednesday, October 16, 2019

The banking market in Latvia has been through a lot, and has changed lot. What is the role of formerly “non-resident” banks in the national economy today, and what do clients stand to gain? To find out, we talked to Roberts Idelsons, Chairman of the Board of “Signet Bank”, and Dmitrijs Latiševs, Chairman of the Board of BlueOrange Bank. What events or factors have had the greatest impact on banks that…

Asian shares rise after Wall Street gain on solid earnings

Wednesday, October 16, 2019

Asian shares were mostly higher Wednesday after a Wall Street rally driven by healthy earnings reports from U.S. companies. Japan’s benchmark Nikkei 225 rose 1.2% to 22,476.70, while Australia’s S&P/ASX 200 gained 1.2% to 6,729.50. Hong Kong’s Hang Seng was unchanged at 26,505.95, while the Shanghai Composite index lost 0.3% to 2,982.74. South Korea’s Kospi added 0.6% to 2,077.88 after the Bank of Korea announced it was cutting its benchmark…

Armenian Defense Minister Davit Tonoyan receives Lithuanian Ambassador

Wednesday, October 16, 2019

Armenian Defense Minister Davit Tonoyan received the Ambassador of Lithuania to Armenia, Inga Stanytė-Toločkiene and military attache. According to the press service of the Defense Ministry, Armenian News – NEWS.am, during the meeting, Tonoyan congratulated Stanytė-Toločkien on the appointment as ambassador and wished her success during his work in this post. The Armenian-Lithuanian defense cooperation in both bilateral and multilateral formats has a wealth of experience, the Armenian leader highlighted the importance…

EU breaks promise of safe passage for 50,000 refugees

By Tom Wills on Wednesday, October 16, 2019

The EU has delivered only three-quarters of a two-year program due to be completed by the end of October. Lithuania did not provide figures to DW on how many people were resettled in the country. European governments have failed to deliver on a pledge to admit 50,000 refugees by this month, DW has learned. The European Union launched the resettlement programme two years ago with a deadline of October 31,…

Vietnam bans animated ‘Abominable’ over South China Sea map

Wednesday, October 16, 2019

Vietnam has pulled “Abominable” from theaters because the U.S.-Chinese-made animated movie showed a map supporting Chinese claims to the disputed South China Sea. The image in one scene showed the so-called nine-dash line, a vague and broken outline around the resource-rich waters China claims as its own territory. Those claims overlap with claims by Vietnam and other Asian governments, and an international tribunal in 2016 invalidated China’s vast claims in…