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November 1, 2026

Latvia: Funeral directors formed a price-fixing cartel — FrontPages.eu, November 01, 2026

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Latvia

Sunday, November 01, 2026

🪑 Chairs

A seat at the head of the United Nations Security Council marks a diplomatic milestone for a country that has spent much of the year focused on its own borders. At home, the business climate remains more opaque; investigations into Gerald Hextord's business network have revealed companies holding millions in share capital despite reporting zero turnover, a curiosity linked to the continued pursuit of residency permits by foreign investors. The banking sector has been told it can no longer blame the customer when money vanishes from an account. New rules prevent banks from simply refusing reimbursement to fraud victims by claiming it was their own fault. Meanwhile, the Competition Council has finished unravelling a more somber arrangement: a cartel of funeral homes that colluded on prices for state contracts to ensure specific winners. The shape of the Kulberga government remains largely theoretical as experts weigh various scenarios for its future. The coalition's stability was not helped by Igors Rajevs, who exited politics after failing to find a "collaborative force" to work with. Discussion has now turned to whether the new prime minister and health minister can maintain independence from the officials currently lobbying against a ban on flavoured electronic cigarettes.

Top Stories

Latvia is preparing to chair the United Nations Security Council for the first time in its history, a significant diplomatic milestone for the nation.

TVNET: Historic Moment: Latvia to Preside Over UN Security Council for the First Time

Latvia is set to chair the United Nations Security Council for the first time in its history.

Investigations are shedding light on companies with substantial share capital but no reported turnover, with links to 'Golden Visas' and the business network of Gerald Hextord, suggesting a deeper scope to the ongoing citizenship and lobbying scandal.

TVNET: Latvia Has No Turnover, But Significant Share Capital: What is Known About…

An article investigates companies belonging to Linde and Hopstedter that have no reported turnover but possess substantial share capital.

Pietiek: Million in Shares, Unbuilt Pension, and 'Gold Visas': What's Really Happening…

Companies with no turnover, residence permits offered to foreigners, and over a million euros in shares are highlighted in an investigation into Gerald Hextord's business network, questioning the true nature of these operations.

A significant development offers a clear solution for victims of financial fraud, ensuring that banks can no longer refuse reimbursement by simply blaming the victim for the loss of funds.

Pietiek: Finally, a Clear Solution for Victims of Fraud: The Bank Cannot Simply Say…

When money disappears from an account and a person becomes a victim of fraud, the bank can no longer simply refuse reimbursement by stating it's the victim's fault.

The Competition Council has uncovered a cartel involving funeral companies that colluded on prices in state institution tenders, effectively rigging the bidding process to ensure a predetermined winner.

IR: How Did the Undertakers' Cartel Operate?

The Competition Council has revealed that funeral companies colluded on prices in state institution tenders to ensure a predetermined winner. How did it happen and who was the organizer?

The political landscape remains under close observation with experts analyzing possible scenarios for Prime Minister Andris Kulbergs' government. Former Parliamentary Secretary of the Ministry of the Interior, Igors Rajevs, explained his departure from politics, while new concerns are being raised about potential external influence on the current Prime Minister and Health Minister.

TVNET: Kulberga Government's Outline Still Unclear: Experts Evaluate Possible Scenarios

Experts are analyzing potential scenarios regarding the still undefined outline of the Kulbergs government.

TVNET: "I Did Not See the Force With Which I Could Work Together." Rajevs Explains…

Rajevs explains his departure from politics, stating he did not perceive a collaborative force.

Pietiek: Will the New Prime Minister and Health Minister Also Become Puppets in the…

Discussions have finally begun at the highest level of the state regarding the true nature of the ban on flavored electronic cigarettes, raising concerns about whether the new prime minister and health minister will be controlled by specific officials.

Pietiek: Pietiek Izlikties: 'Atbryvo extornas' from the 'Criminal' Department is…

The article claims that the 'liberation' from the 'criminal' department is being applied to juries and that the arrest of Andris Kulbergs is a pretext for a smear campaign.

Young scientist Kristaps Paļskis at CERN is being lauded for his research into innovative methods for cancer treatment, a scientific endeavor described as world-class.

IR: Young Scientist Kristaps Paļskis's Genius in Cancer Treatment

Young scientist Kristaps Paļskis at CERN has researched innovative methods for cancer treatment, described as world-class science by his supervisors.

Four individuals who had become lost in the woods in Naudītes parish were successfully rescued.

Delfi: Four People Rescued After Getting Lost in Woods

Four individuals who became lost in the woods in Naudītes parish have been rescued.

A tragic accident occurred in the Cēsis region when a tractor driver inadvertently struck power lines.

Delfi: Tragic Accident in Cēsis Region: Tractor Driver Hits Power Lines

A tractor driver in the Cēsis region accidentally struck power lines, resulting in a tragic accident.

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