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	<title>Baltics Worldwide</title>
	<link>http://www.balticsworldwide.com</link>
	<description>all about Estonia,  Latvia and Lithuania</description>
	<lastBuildDate>Thu, 02 Feb 2012 05:00:00 +0000</lastBuildDate>
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		<title>Thu, 2 Feb 2012, Delays threaten port’s future&#8230;</title>
		<description><![CDATA[ Their clients will turn to the Port of Murmansk and develop their terminal there, LDz President Ugis Magonis says in an interview with the business information portal Nozare.lv.
	
	Magonis explains that the competition in coal transportation among various ports is fierce, and the new terminal on Krievu Island is needed to attract more cargo. The terminal could ensure 11 million tons of cargo, including three to four million tons of additional cargo. If the project is not implemented, the clients could take their cargo north to Murmansk.
	
	The LDz president emphasizes that the situation could become serious if the project&#8217;s implemen... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-delays-threaten-port%e2%80%99s-future/</link>
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		<title>Thu, 2 Feb 2012, Klaipeda stretches tentacles to Panama Canal&#8230;</title>
		<description><![CDATA[ 20 signed an historic Memorandum of Understanding that promises to open Philadelphia ports to the European and Asian shipping trade via the ice-free port of Klaipeda, the Lithuanian port city on the eastern coast of the Baltic Sea, reports marketwatch.com. Lithuania&#8217;s Transport and Communications Minister Eligijus Masiulis led a delegation of that country&#8217;s leaders to meet with Pennsylvania state and city officials, as well as Leo A. Holt, president of Holt Logistics Corp., and PRPA Chairman Charles Kopp and Executive Director James McDermott. Together, they signed the MOU, which pledges increased support for expanded trade betwee... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-klaipeda-stretches-tentacles-to-panama-canal/</link>
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		<title>Thu, 2 Feb 2012, ‘Sun’ train heads east&#8230;</title>
		<description><![CDATA[ 26, the container train Saule (The Sun) departed from Klaipeda&#8217;s train station. The 45-container train carrying various goods is planned to arrive at Almaty, Kazakhstan after eight days&#8217; travel, Lietuvos Gelezinkeliai (Lithuanian Railways) said, reports ELTA. Transport and Communications Minister Eligijus Masiulis said that the project Train Saule should bring benefits not only for the railways, but also to all of the transport system, as more and more businesses are becoming interested in the project.
	
	&#8220;Goods being transported in eight days from Klaipeda to Almaty is the great outcome of such hard work in the complicate... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-%e2%80%98sun%e2%80%99-train-heads-east/</link>
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		<title>Thu, 2 Feb 2012, LNG project advances&#8230;</title>
		<description><![CDATA[ Klaipejda Seaport is to build necessary infrastructure and Lietuvos Dujos is to build a gas pipeline from Jurbarkas to Klaipeda, reports ELTA.
	
	The Ministry of Energy, on behalf of the government, has proposed to give responsibilities for the project to these companies.
	
	&#8220;Buying a ship with all the equipment has already passed one of its first stages. We hope that the competition will be successfully completed and an agreement will be signed. Works of dredging the port and building a quay are also being designed. All the works concerning the gas pipeline are being projected as well,&#8221; Prime Minister Andrius Kubilius said.
... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-lng-project-advances/</link>
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		<title>Thu, 2 Feb 2012, EC stops EU funds flow to Latvia&#8230;</title>
		<description><![CDATA[ Until this issue has been solved, the European Commission has made the decision to suspend EU fund payments to Latvia.
	
	Latvia has been given the task to come up with a strategy and improve the flaws in the distribution of the funding.
	
	Latvia&#8217;s issues regarding the absorption of European Union funds arise from the fact that many ministries want to manage this money, All for Latvia-For Fatherland and Freedom/LNNK politician, European Parliament member Roberts Zile said on the LNT morning show &#8216;900 sekundes&#8217; on Jan. 30.
	
	The question is: why hasn&#8217;t the Latvian government prevented all the shortcomings, but w... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-ec-stops-eu-funds-flow-to-latvia/</link>
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		<title>Thu, 2 Feb 2012, Anonymous&#8230;</title>
		<description><![CDATA[ Admittedly, this fact may pale in importance when compared to the idea that our leaders are in actual fact lizards, but this hasn&#8217;t stopped academics and lunatics from claiming for years that everyone from Francis Bacon to a small dog (note: this one may be a lie) were the actual authors of such plays as &#8220;Hamlet&#8221; and &#8220;Coriolanus.&#8221; Now they have a film to help back up their theories. Yay!

	In the reign of Queen Elizabeth the First playwrights are viewed with the utmost suspicion due to the perceived revolutionary nature of their plays. The Earl of Oxford (Rhys Ifans) decides to write his works and asks Ben Jons... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-anonymous/</link>
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		<title>Thu, 2 Feb 2012, Dinamo Riga playoff bound despite inconsistencies&#8230;</title>
		<description><![CDATA[ Following the tragic plane crash that claimed the lives of the entire Lokomotiv team, including Latvian legend Karlis Skrastins in the opening week of the season, it was somewhat understandable to see Dinamo Riga flop to a one-and-eight start to the year.
	
	However, it then looked like the Pekka Rautakallio-coached team had found its groove, reeling off 12 wins intertwined with just six losses &#8211; two of which would come in shootouts &#8211; before the end of November.
	
	But since that golden run in October and November the team has struggled to perform night-in, night-out, just once winning back-to-back matches in their last 18 app... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-dinamo-riga-playoff-bound-despite-inconsistencies/</link>
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		<title>Thu, 2 Feb 2012, Improving traffic in rental market&#8230;</title>
		<description><![CDATA[ This comes after a rebound last year from slow activity in 2010.
	The most important issues, say experts, now are a shortage for good quality rental apartaments, and that tenants face a rental price increase. The demand for apartments has put pressure on rents, as there is not enough easily accessible space to met demand.

	Evita Zamberga-Zakalovska, marketing manager at Ober Haus, says that &#8220;apartaments for rent are needed for both local and foreign residents.&#8221; But the problem is that there is not enough space for everyone, if speaking of good, renovated quality apartaments in Riga.
	Liva Jaunozola, rental department manager ... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-improving-traffic-in-rental-market/</link>
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		<title>Thu, 2 Feb 2012, Q4 Lithuanian GDP slowdown sends warning signal&#8230;</title>
		<description><![CDATA[ Economist Gitanas Nauseda, adviser to SEB&#8217;s president, says, in terms of musical language, that given the present situation it is very hard to say how smoothly the Lithuanian macroeconomic orchestra will perform the four parts (quarters) of the 2012 concert, as there is too much uncertainty both inside and outside the country.
	
	However, there are reasons to believe that 2012 will end on a higher note than it started, says the economist.
	
	On Jan. 30, Statistics Lithuania reported that GDP in the last quarter of 2011, compared year-on-year, increased by 4.3 percent. In 2011, GDP in total grew by 5.8 percent. &#8220;Let us not rush... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-q4-lithuanian-gdp-slowdown-sends-warning-signal/</link>
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		<title>Thu, 2 Feb 2012, Bank on Lithuania under cyber attack&#8230;</title>
		<description><![CDATA[ 27, a cyber attack was launched against the information systems of the Bank of Lithuania in order to interrupt the functioning of its Web site and other services provided online, the Bank said in a statement, reports ELTA. The Bank says that the attacks were made from Russia, the Ukraine, Switzerland, China, USA, Canada and other states.
	
	The cyber attack launched against the bank was of the DDoS (Distributed denial-of-service) type of attacks. The method of these attacks is to use a huge amount of data, via the computer network, to overload the information systems and communication channels of the organization under attack and thus distu... ]]></description>
		<link>http://www.balticsworldwide.com/thu-2-feb-2012-bank-on-lithuania-under-cyber-attack/</link>
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