History of Latvia only St. Petersburg and Moscow by the number of industrial workers, and at the turn of the century over 90% of Latvians could read. In this regard, Latvia was equally primed for radical leftism and nationalism. In all, spearheaded by the Latvian Social Democratic Workers’ Party (LSDSP), the governorates making up what is now Latvia were probably the most ungovernable in the whole Russian Empire. Following the shooting of demonstrators in St. Petersburg on January 9, 1905 a wide-scale general strike began in Riga. On January 13 Russian army troops opened fire on demonstrators in Riga killing 73 and injuring
Bank of Latvia a refinancing rate instrument, a rate for travel. In a situation where banks do not intend to actively use the instruments offered by the Bank of Latvia, the increase of the refinancing rate has a more signaling function. The Bank of Latvia is managed by the Bank's Board and Management Board. The council consists of 8 people: the president of the bank, his deputy and 6 members of the council. The Bank's Supervisory Council is managed by the President of the Bank of Latvia. The Governing Council of the Bank of Latvia takes decisions on behalf of the Bank of