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Explosion Rocks Natural Gas Pipeline Connecting Lithuania, Latvia; Village Evacuated
Explosion Rocks Natural Gas Pipeline Connecting Lithuania, Latvia; Village Evacuated Lithuania natural gas transmission operator Amber Grid told Reuters its pipeline that connects Lithuania to Latvia was rocked by an explosion on Friday. Footage of the explosion emerged on Twitter in the last 30 minutes. The location of the blast is in northern Lithuania. Amber Grid said […]
Lativa Banking Crisis Unfolding on Schedule – Will There Be a European Contagion?
Lativa Banking Crisis Unfolding on Schedule – Will There Be a European Contagion? The Latvian Financial Supervisory Authority is concerned announcing a resolution plan for the crisis bank ABLV that is threatening a contagion risk of further closures of financial institutions in the country with a predominantly foreign customer base. There is a serious […]
Bank Run Feared After ECB Unexpectedly Pulls Plug On Latvia Largest Private Bank
Bank Run Feared After ECB Unexpectedly Pulls Plug On Latvia Largest Private Bank Last week we reported that as part of a rapidly deteriorating banking crisis in Latvia, which culminated with the detention of central bank head Ilmars Rimsevics on suspicion of accepting a bribe of more than €100,000 (which prompted both the prime minister […]
Latvia Bank Crisis: Central Bank In Chaos As ECB Blocks Payments By Third Largest Bank
Latvia Bank Crisis: Central Bank In Chaos As ECB Blocks Payments By Third Largest Bank One day after we reported that the central bank governor and ECB Governing Council member Ilmars Rimsevics was detained by Latvia’s anti-corruption authority on Saturday on suspicion of accepting a bribe of more than €100,000, prompting both Latvia’s Prime Minister […]
NATO Builds Infrastructure for Permanent Military Presence Near Russia’s Borders
NATO Builds Infrastructure for Permanent Military Presence Near Russia’s Borders A group of about 50 combat engineers based at Canadian Forces Base Gagetown were deployed to Latvia on April 29 as part of Operation Reassurance. The mission is to build a town for 500 soldiers. According to commanding officer Lt.-Col. Chris Cotton, the installation will have «everything you would expect […]
NATO’s Provocative Anti-Russian Moves
NATO’s Provocative Anti-Russian Moves Official Washington’s demonization of Vladimir Putin and the neocon “group think” about “Russian aggression” have fueled a reckless drive to move NATO forces up to Russia’s border, thus heightening risks of nuclear war and not serving real U.S. national interests, writes Jonathan Marshall. Twenty-seven years after the fall of the Berlin Wall, NATO is […]
US Sends Over 100 US Tanks, Armor To Latvia As Nuland “Confirms” Russia Delivering Weapons
US Sends Over 100 US Tanks, Armor To Latvia As Nuland “Confirms” Russia Delivering Weapons No lesser trustworthy character than Assistant Secretary of State Victoria Nuland explained this morning that the US can “confirm” new Russian weapons delivery to Ukraine and that they “can tell” when Russia sends in new weapons (though offering no explanation of this statement). This […]
NATO’s Russia Border Games
NATO’s Russia Border Games When a Russian bomber flew over international waters some 25 miles off the southwest tip of England last week, UK Defense Secretary Michael Falloncalled Russia “a real and present danger.” The UK government scrambled jet fighters to meet the Russian aircraft as a show of force. Said Secretary Fallon of the incident, “NATO […]
