Posts published in Day: June 17, 2021

Wise to go public on London stock exchange

Thursday, June 17, 2021

Financial technology firm Wise, formerly Transferwise, said on Thursday it expects to go public on the London stock exchange through a direct listing. Wise said it was seeking a direct listing rather than an initial public offering as it doesn’t need to raise any fresh capital. “Wise is used to challenging convention, and this listing is no exception. A direct listing allows us a cheaper and more transparent way to…

Estonian industry has recovered from crisis ‘surprisingly fast’

Thursday, June 17, 2021

Estonian manufacturing companies have left behind the crisis year, can see both turnover and profitability growing this year, and are planning to hire nearly 3,000 people, the results of a survey carried out by Swedbank in spring 2021 show. Of the businesses surveyed by Swedbank in the latest survey of industrial companies, 76 percent expect profitability to increase or remain the same this year, 58 percent expect turnover to grow…

Estonia, Latvia, Lithuania are among sixteen countries using the EU’s COVID travel pass

Thursday, June 17, 2021

Sixteen countries have begun using the EU’s ‘Digital COVID certificate’ (EUDCC) to enable their citizens to easily travel across the bloc. The European Commission says fifteen member states – Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Germany, Greece, Latvia, Lithuania, Luxembourg, Poland, Portugal and Spain – have connected to the gateway and started issuing the first certificates. They are joined by Iceland, which is the first of four European…

Russia says it expects U.S. arms control talks agreed at summit to start within weeks

Thursday, June 17, 2021

Russia expects arms control talks with the United States that were agreed at a summit in Geneva to start within weeks, Russia’s deputy foreign minister said in an interview published on the foreign ministry’s website on Thursday. U.S. President Joe Biden and Russian President Vladimir Putin agreed at a summit in Geneva on Wednesday to embark on an integrated bilateral Strategic Stability Dialogue to lay the groundwork for future arms…

20 urban meadows to be created in Rīga

Thursday, June 17, 2021

LDF spokeswoman Liene Brizga-Kalniņa said on  June 17, that this autumn, natural meadows will be created in 20 places in Rīga as part of the Latvian Fund for Nature (LDF) and Riga City Council project “City meadow”. The LDF received 18 applications for setting up meadows and 20 sites were selected following a thorough assessment, a management plan was prepared and the creation of meadows would take place in the autumn. On Wednesday,…

Levits: Latvia is committed to taking care of its other indigenous nation

Thursday, June 17, 2021

Latvian President Egils Levits spoke via videolink June 16 at the opening of the  VIII World Congress of Finno-Ugric Peoples , taking place in Tartu, Estonia, using the occasion to acknowledge the Livonian indigenous minority in Latvia and to pledge its protection. “Conservation of diversity in nature and among people has become a global priority in recent years. We want diversity in terms of national languages and cultures, especially the…

China launches first crew to new space station

Thursday, June 17, 2021

China has launched three astronauts into orbit to begin occupation of the country’s new space station. The three men – Nie Haisheng, Liu Boming and Tang Hongbo – are to spend three months aboard the Tianhe module some 380km (236 miles) above the Earth. It will be China’s longest crewed space mission to date and the first in nearly five years. On Thursday, their Shenzhou-12 capsule successfully took off atop…

Of all Baltic states, the highest share of jobs (2.3%) was registered in Latvia and Lithuania

Thursday, June 17, 2021

As of the end of the first quarter of 2021, Latvia had 21.5 thousand jobs, 2.6 thousand, or 14.0% more than in the first quarter of 2020. There were 14.1,000 jobs in the private sector and 7.4 thousand in the public sector. Throughout the year, private sector job openings increased by 3.2 thousand or 28.7%, while those in the public sector decreased by 0.5 thousand or 6.6%, according to data…

Nagaland to receive critical medical equipment through UNDP, Latvia govt

Thursday, June 17, 2021

In the battle against COVID-19, the Latvia government along with the United Nations Development Programme will be extending its support to Nagaland by ensuring the availability of critical medical equipment in the state. Taking to Twitter, chief minister Neiphiu Rio expressed gratitude for the support extended during the unprecedented times, hoping that the medical equipment will strengthen the health system in the state. “I express my gratitude to the Govt…

Freedom House gives Estonia the freedom score of 94/100

Thursday, June 17, 2021

Freedom House, a US-based human rights organisation, has in its Freedom in the World 2021 index given Estonia the freedom score of 94 out of 100 and declared the country as “free”; the index, however, lists a plethora of issues that are wrong in the country. According to Freedom House, Estonia’s democratic institutions are generally strong and both political rights and civil liberties are widely respected. However, the report says,…