Posts tagged as decline

Estonia’s mainly Russian stateless population continues to decline

Monday, July 13, 2020

The number of people in Estonia with ‘undetermined citizenship’ – held mainly by the country’s Russian-speaking residents that were not automatically given the Estonian passport after the collapse of the USSR – has fallen below 70,000. According to the population register data quoted by Estonian public broadcaster ERR News, 69,993 stateless people lived in Estonia as of July 1 this year, constituting around 6 percent of the country’s 1.3 million…

Lithuania posts 12% decline in H1 real estate transactions

Saturday, July 11, 2020

Lithuania’s real estate market has recorded growth for the second month in a row after hitting the bottom in the spring, but the number of transactions is still below the average levels seen before the coronavirus lockdown, the Center of Registers said LETA/BNS. A total of 53,000 real estate purchase and sale transactions were registered in the first half of 2020, a decline of 12 % compared with the same…

Baltic countries are on the verge of state bankruptcy

By Lukas Ramonas on Wednesday, April 29, 2020

The coronavirus pandemic spreads throughout the world. And its victims are not only people, but also the economies of states. As it is known, the number of patients diagnosed with COVID-19 daily increases by 100-130 people in the Baltic countries. At the same time, the International Monetary Fund has predicted GDP decline in these states. According to the IMF forecast, the biggest recession is expected in Latvia. The fund forecasts…

Japan to restrict exports to South Korea, citing less trust

Monday, July 1, 2019

Japan is imposing restrictions on exports to South Korea, citing a decline in “relations of international trust” between the Asian neighbors. The Ministry of Economy, Trade and Industry said a review soliciting public comments starts Monday on the move to effectively remove South Korea from a list of so-called “white nations,” like the U.S. and European nations, that have minimum restrictions on trade. Starting Thursday, Japanese manufacturers must apply for…

Samsung quarterly operating profit fell on slower demand

Thursday, January 31, 2019

Samsung Electronics Co. has posted a near-30 percent drop in operating profit for the last quarter after seeing slowing global demand for its memory chips and smartphones. It still finished the year with record highs, but expects a decline in earnings this year. The South Korean technology giant on Thursday said its operating profit during the October-December quarter declined 28.7 percent at an annual pace to 10.8 trillion won ($9.7…