- Home
- Policy
- G10 Markets
- Emerging Markets
- Commodities
- Data
- MNI Research
- About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessLATVIA-Russia-Hawk Rinkēvičs Elected President In 3rd Ballot
Latvian Minister of Foreign Affairs since 2011 Edgars Rinkēvičs has been elected president by the country's parliament (Saeima) in the third round of voting. While the position is largely ceremonial, the election process has divided the two largest parties in the governing coalition, potentially hindering the ability of the two to work together post-election.
- Rinkēvičs secured the support of 52 deputies in the third ballot, clearing the 51-out-of-100 deputy threshold by a narrow margin. The long-standing foreign minister secured the support of his own liberal conservative New Unity, the agrarian Union of Greens and Farmers, and the centre-left Progressives (who in the first two ballots had backed their own candidate).
- The second-largest party in the governing coalition, the green conservative United List, backed party founder Uldis Pīlēns in all three ballots. It is unclear whether the party will seek to continue supporting the coalition gov't of PM Krišjānis Kariņš (who hails from the same party as Rinkēvičs) after the vote. The next parliamentary election is not due until October 2026 at the latest.
- The loss of Rinkēvičs at the foreign ministry could be felt keenly in the region given his experience and hard-line hawkish stance on Russia.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.