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06.11.2008, 10:19

IMF bails out Ukraine with massive loan

The International Monetary Fund has approved a $16.4 billion loan to Ukraine. The money, $4.5 billion of which will be given immediately, is intended to help restore Ukraine's economy and rebuild financial confidence.

 Latvian soldiers march during a military parade on November 18, 2008 to celebrate Latvia's anniversary of independence (AFP Photo / Ilmars Znotins) 18.11.2008, 22:57 2 comments

17 going on 90: Latvia confused over independence

Thousands have gathered in the Latvian capital of Riga to watch the display of their nation's armed forces. The military parade is part of the celebrations to mark 90 years since the creation of the Latvian republic. Fes

21.11.2008, 07:15

Turkish freedom of speech on trial for EU membership

As Turkey aims to join the European Union one of their own existing laws could spoil their chances. The controversial legislation allows for the punishment of people who say or write anything considered anti-Turkish, whi

10.12.2008, 13:32

Sweden, occupy us!

A group of Latvians have posted an online petition calling for their country to be occupied and its sovereignty cancelled. But not by Russia – the petition is addressed to Sweden.

16.10.2010, 01:30 15 comments

Socialism vs Capitalism in America

The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?

21.10.2010, 22:14 3 comments

"EU may waste money of member states” – analyst

The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.

Image from dailycal.org 03.03.2010, 00:49 75 comments

University of California campus erupts in riots

Violence breaks out as students at the flagship school of the University of California protest stiff tuition hikes.

23.10.2010, 00:52 7 comments

US on collision course with economic ruin

Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.

23.10.2010, 02:59 5 comments

Statistics highlight an American empire in decline

The US has long regarded itself as an exceptional nation, a beacon of democracy and progress throughout the world. Yet the statistics don’t exactly match the rhetoric.

30.04.2010, 13:37 16 comments

Debt-ridden Greeks angry at defense deal

Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”

Don't mention the D word in Latvia

Published: 25 November, 2008, 11:06


In Latvia, the government is warning journalists not to stir up panic about the financial crisis. Talk of currency devaluation is all but a criminal offence and could earn transgressors a spell behind bars.

 
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