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Painful session in Baltic markets
Published in Saudi Press Agency on 11 - 11 - 2008

Prices tumbled again on Baltic stock markets Tuesday with the Baltic Benchmark Index (BBI), combining data from the Tallinn, Riga and Vilnius exchanges, closing down 3.2 per cent at 270.22, according to DPA.
The NASDAQ OMX Tallinn exchange in Estonia fell 3.22 per cent, the Vilnius exchange in Lithuania slipped 2.74 per cent and the Riga exchange in Latvia eased by 1.37 per cent.
Lithuanian bank Snoras was among the big losers for the second straight day. On Tuesday its share price fell 11.29 per cent after experiencing a similar fall on Monday.
Snoras has an 83 per cent stake in another Baltic bank, Latvijas Krajbanka, which also saw its share price drop, though by a more modest 6.25 per cent.
Lithuanian banks Ukio Bankas also endured a double-digit drop as fears persist that more government bail-outs might be needed following the Latvian government's dramatic rescue of Parex Bank oer recent days.
dpa mc ds 111516 GMT Nov 08 nnnn        cin161 4 s 187 ccccb dpa 164 Football-Germany/US/ US midfielder Landon Donovan trains at Bayern Munich = Munich (dpa) - United States midfielder Landon Donovan started a 10-day training camp at Bayern Munich on Tuesday and doesn't rule out a move to the German football champions.
Donovan, 26, is training in Munich in keep fit in the off-season after his club Los Angeles Galaxy failed to make the Major League Soccer playoffs. The next season starts in March.
"That's one of the best teams in the world ... If January rolls around and there's interest, and the league is willing to discuss it, I would be excited to talk about it," said Donovan recently on his home page.
Munich are coached by Juergen Klinsmann, a long-time resident in California and an advisor for the Galaxy.
Klinsmann, on Munich's website on Tuesday, had nothing but praise for the 105-times capped Donovan, who a few years ago played a few Bundesliga matches for Bayer Leverkusen.
"He is a nice guy, a very good footballer and a personality in US football," said Klinsmann. "Landon will train with us for 10 days to keep his fitness level."


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