A Kazakh opposition newspaper has offered to pay court-mandated damages to state-run bank BTA using BTA bonds on which the bank has defaulted, and also threatened to seek the lender's bankruptcy.
Europe's main security and rights watchdog has criticized its future chairman Kazakhstan for seizing the print run of an opposition newspaper.
"It's a challenge. I mentioned it this morning in my opening statement. Other speakers alluded to it without actually mentioning it by name. There was a silent protest when the representative of Kazakhstan gave her opening speech. This was because of the imprisonment of Yevgeny Zhovtis, who's a human rights worker. It's a criminal case having to do with a fatal car accident [and] there is concern about his treatment. So, people understand that this is a real challenge for them and we hope that Kazakhstan can rise to the occasion."
The Organization for Security and Cooperation in Europe (OSCE) Center in Kazakhstan has declined to comment on a legislative movement afoot to make Nursultan Nazarbaev the country's president-for-life, RFE/RL's Kazakh Service reports.
Canada's Trade Minister Stockwell Day and Kazakhstan's Energy Minister Sauat Mynbaev jointly announced Thursday the conclusion of negotiations for a bilateral nuclear cooperation agreement.
Despite its mineral-led economic boom, the Central Asian nation's development agenda is inchoate—leaving most of the benefits to cities like Astana and Almaty
Bernie and Sir Allen may need elaborate schemes to swindle people out of billions, but in the emerging markets, fraud tends to be a bit more direct. Take for example Kazakhstan.
