Cuttlefish bone
Society

KTU researchers: contemporary medicine might find cuttlefish bone useful

The group of researchers of Kaunas University of Technology (KTU) has developed several innovative applications of cuttlebone, natural biologically active material possessing bone and wound healing properties. The products include natural bone implants, suppositories for treatment of haemorrhoids and wound gels. By removing protein from the cuttlebone, KTU researchers have solved the main challenge connected to the usage of marine-derived materials – risk of side effects, such as allergic reaction of potential users, a KTU press release states. […]

Economy

After exceptional growth last year, Lithuanian exports have lost momentum

Exports of goods of Lithuanian origin, excluding mineral products, continue to grow, though at a somewhat slower pace than last year. In early 2018, nominal exports of Lithuanian goods increased by 6.8% compared to the same period in 2017 (15.4% throughout 2017). Growth in exports of petroleum products of Lithuanian origin turned negative. In light of the latest data, Lithuanian exports are unlikely to gather momentum in the short run. Moreover, the looming trade war between Europe, other countries and the US does not warrant optimism. […]

Vilius Šapoka
Foreign affairs

Minister of Finance: Lithuania seeks to become China‘s financial service gateway to Europe

In the meeting of heads of Governments of China and the Central and Eastern European countries 16+1, wherein Lithuania was represented by Vilius Šapoka, the Minister of Finance, it was agreed to establish a financial technologies coordination centre of 16+1 format in Vilnius and to organize high-level fintech conference in 2019, a press release from the Ministry of Finance states. […]

Freetime

Five most impressive Lithuanian railway routes

On 6th July 1919, the first train of the Independent Lithuania left to Radviliškis from Kaišiadorys Station. On this important date, I would like to mention the most beautiful Lithuanian railway routes, which the organizer of train travel, the head of travel agency superkelionės.lt – Udrius Armalis, described me in detail. Travels: by Lithuanian, Latvian, Estonian, Belorussian and Kaliningrad railways, not only by train, but also by locomotives and dresine – such has been the experience of over 10 years of the organizer of these niche travels, a press release by travel agency superkeliones.lt states. […]

Abu Zubaydah, suspected CIA jail in Antaviliai
Foreign affairs

Lithuanian govt holds consultations on ECHR’s CIA prison ruling

The Lithuanian government’s representative at the European Court of Human Rights has started consultations with the justice and foreign ministers one whether to appeal the ECHR’s ruling on the operation of a CIA prison in Lithuania. […]

Almata, Kazachstan
Foreign affairs

Lithuania’s Mission Siberia will go to Kazakhstan this year

Lithuania’s annual Mission Siberia expedition, organized annually to tend to the burial cites of Lithuanian deportees in Russia, will go to Kazakhstan this year after Russia barred entry to the mission’s participants, the Lithuanian national radio Lietuvos Radijas said on Monday. […]

No Picture
Economy

The reason why Lithuanians want to have Bitcoin but aren’t buying any

Most Lithuanians know what cryptocurrencies are, one third would like to purchase some, but only a few actually own and use such virtual currencies as bitcoin. According to Magalena Gołębiewska, Head for Eastern Europe at Luno, a digital currency trading platform, these numbers show that Lithuania has a huge potential in the digital currency market, a press release from the platform states. […]