BTA Bank and the city of Almaty, Kazakhstan, where its headquarters are located, have filed a class action suit against multiple parties and businessman Felix Sater over allegations of stealing and laundering at least $440 million into multiple schemes, including the Trump SoHo building.
Ex-Soviet Turkmenistan's strongman leader broke ground on a new and presently nameless city close to the capital Ashgabat Wednesday.
Nazarbayev employs ‘resign-while-retaining-power’ strategy – a model Putin may use one day
Campaigners drawing attention to the Xinjiang detentions say Nur-Sultan’s public relations campaign is two-faced.
Nursultan Nazarbayev, the longtime leader of Kazakhstan, Central Asia’s richest country, has always had a rather particular sense of humor. Back in 1998 he moved the country’s capital from the cozy, sunny city of Almaty to a place called Akmola on the windswept northern steppe.
On March 19, 78 years old Nursultan Äbisjuly Nazarbayev unexpectedly announced his resignation as President of Kazakhstan, referring to the need for “a new generation of leaders”.
In a sign of growing social and political turmoil in Central Asia, Kazakhstan’s 78-year-old president, Nursultan Nazarbayev, who has been head of state of the country since its formation out of the dissolution of the Soviet Union in 1991, announced his immediate resignation on Tuesday, March 19.
