Wednesday, December 30, 2009

New Report Now Available: Latvia Autos Report 2010

New Report Now Available: Latvia Autos Report 2010
"The effects of recession have significantly impacted the automotive industry in Latvia. Sales have fallen sharply - a stark contrast to the growth posted in the years before the global economic crisis. Latvia had been the EU's fastest growing market between 2005-2007 but has clearly been affected by the broader recessionary trend in the economy."

Tuesday, December 29, 2009

Latvia: Back in the News, With More to Come -- Seeking Alpha

Latvia: Back in the News, With More to Come -- Seeking Alpha:
"The Latvian government is getting nervous about the level of lending coming from Swedish banks. According to the Financial Times, 'Latvia’s prime minister has warned Swedish banks they risk choking off recovery in the Baltic state’s crisis-hit economy unless they resume lending.' The Latvian authorities are complaining, it seems, that banks such as Swedbank (SWDBY.PK) and SEB, which dominate the Latvian market, have reined in credit as they struggle to contain rising bad loans amid the deepest recession in the European Union."

Friday, May 15, 2009

Latvian Saistījums viz. Saistam is the Older Form of the English Term System

"System" and its plural "systems" are among the most frequent words used in the English language. Google gives us 1,410,000,000 hits for the word the singular "system" and 636,000,000 hits for the plural "systems".

writes: "System (from Latin systēma, in turn from Greek σύστημα systēma) is a set of interacting or interdependent entities, real or abstract, forming an integrated whole."

A connected Indo-European term is e.g. Latvian saist- "to tie together" whence Latvian saistījums "connection", showing that the ancient origin of the term system is in the idea of "connections". Mēs saistam in Latvian means "we connect".

Tuesday, May 05, 2009

DB.LV is an Excellent Business News Portal in Latvia in Latvian Language while BBN in Estonia provides Baltic Business News in English

We ran across DB.LV today and it is an excellent business news portal in Latvia, providing news about Latvia and the world in Latvian language. They also do a very short daily English-language summary of the most important business news, otherwise linking to BBN in Estonia, the Baltic Business News (BBN) portal, which is in English.

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