Latvia in the Spotlight: Key Developments

· 1 min read
Latvia in the Spotlight: Key Developments

ziņas  with 5G Technology
The Freeport of Riga has introduced a private 5G network, developed in collaboration with telecom provider LMT, to bolster maritime operations. This advancement enables real-time communication and data exchange between the port, cargo ships, and autonomous sea drones, extending connectivity over 100 miles offshore. The initiative aims to position Riga as a leader in maritime logistics and innovation.
Business Insider

Latvia Issues Public Alert on Potential Russian Spies
Latvia's Defence Intelligence and Security Service (MIDD) has released guidelines to help citizens identify potential Russian operatives. Indicators include unkempt appearance, excessive interest in local affairs, and carrying unusual survival gear. Authorities advise the public to report suspicious individuals rather than engage directly.

Latvian Housing Market Sees Unexpected Surge
Despite the usual seasonal slowdown, Latvia's housing market has experienced a surge in buyer interest. The number of available homes has decreased by more than a third, while prices in Riga's primary market segment for new developments have declined by 6%. Experts attribute this to changes in capital gains tax and expectations of a Euribor decline.

Latvia Extends Visa Restrictions for Russian and Belarusian Citizens
The Latvian government has extended entry and visa restrictions for Russian and Belarusian citizens until the end of 2026. This measure aims to reduce threats to public security and aligns with broader regional policies.
SchengenNews

Latvian Film 'Flow' Wins Golden Globe
Latvia's animated film 'Flow,' directed by Gints Zilbalodis, won the Golden Globe for Best Motion Picture – Animated. This marks a significant achievement for Latvian cinema on the international stage.