IAC EURASIA - Page #258

20 Nov

Events and opinions

3221

2 min read

Kazakhstan adopts tough privacy protection law

Kazakhstan approved on Thursday a bill introducing tougher punishment for invasion of privacy in a move condemned by the opposition as an attack on press freedom. Democracy, media fr... read more..

NGO's Allege Kazakhstan Not Ready for OSCE Chairmanship

20 Nov

Political process

3613

4 min read

NGO's Allege Kazakhstan Not Ready for OSCE Chairmanship

Less than two months before Kazakhstan takes over the chairmanship of the Organization for Security and Cooperation in Europe (OSCE), Kazakh NGO's are warning the international community about the rap... read more..

19 Nov

Economy

3877

4 min read

Kazakh Bank Risk Waning, Economy Troughed, UBS Says

Kazakhstan bank asset quality is improving as the economic outlook picks up and non-performing loans level off, UBS AG said. Shares in the country's two largest banks climbed, helping the benchmark st... read more..

19 Nov

Events and opinions

2951

<1min

Kazakh Rights Activist Denied Access To Lawyer

The imprisoned director of the Kazakh Bureau for Human Rights, Yevgeny Zhovtis, has been denied access to his lawyer, RFE/RL's Kazakh Service reports. Zhovtis's lawyer, Vitaly Voronov, ... read more..

Uzbeks Skip Regional Security Meeting In Kazakhstan

19 Nov

Political process

3436

<1min

Uzbeks Skip Regional Security Meeting In Kazakhstan

The Shanghai Cooperation Organization (SCO) has begun a third round of discussions in Almaty about upcoming counterterrorism exercises, RFE/RL's Kazakh Service reports. (photo: An SCO meeting last mo... read more..

18 Nov

Economy

3433

3 min read

U.S. firms want to invest in Turkmen gas fields

The United States urged Turkmenistan on Tuesday to allow its companies to invest in onshore Turkmen gas deposits including South Iolotan, a giant field seen as a key future source of Caspian energy. ... read more..

18 Nov

Events and opinions

2991

2 min read

Pardon for President's Son-in-Low, Convicted to 40 Years of Jail?

Nazarbayev has understanding of human weaknesses and can forgive those who repent Kazakh President Nursultan Nazarbayev says he is not a man to bear grudges and can forgive if asked to... read more..

18 Nov

Economy

3146

2 min read

Kazakh banking sector reaches bottom; BTA and Alliance restructuring to impact further growth

Kazakhstan's banking sector reached the bottom this fall and is now on its way to recovery, according to a research report authored by Russian investment bank VTB Capital. The bank attr... read more..

18 Nov

Extra

3742

<1min

Uranium One gets Kazakh approval to buy 50-percent stake in Karatau uranium mine

Kazakhstan's Ministry of Energy and Mineral Resources approved Canada-based Uranium One's acquisition of a 50-percent interest in the Karatau uranium venture from Russia's Atomredmetzoloto (ARMZ). ... read more..

18 Nov

Events and opinions

3020

3 min read

Kazakhstan: Nazarbayev Dodges President-for-Life Question Ahead of Astana's OSCE Chairmanship

As Kazakhstan gears up to chair the Organization for Security and Cooperation in Europe in 2010, Astana is facing criticism over its recent democratization record. Helping to highlight the country's i... read more..

BTA Bank’s former chairman loses legal challenge against asset freeze

16 Nov

Events and opinions

4011

8 min read

BTA Bank’s former chairman loses legal challenge against asset freeze

London's High Court ruled today (12 November) to maintain a freezing order restricting the assets of BTA Bank's ex-chairman, Mukhtar Ablyazov, and other former managers. Court sessions held on the mat... read more..

Kazakhstan will not allow foreign investors to take control of key banks - Nazarbayev

16 Nov

Extra

3463

2 min read

Kazakhstan will not allow foreign investors to take control of key banks - Nazarbayev

Kazakhstan will not allow foreign investors to take control over key Kazakh banks, President Nursultan Nazarbayev said in a televised question and answer session on Friday. "We know that ... read more..

16 Nov

Economy

3821

<1min

Kazakh tenge ready to appreciate - Marchenko

The fundamentals for the Kazakh tenge to appreciate are in place, central bank chairman Grigoriy Marchenko said on Wednesday, citing rising oil prices and improving current account. Ear... read more..

Tolerance is under attack. However it's the basis of country survival

16 Nov

Events and opinions

2592

6 min read

Tolerance is under attack. However it's the basis of country survival

Tolerance — major vitality resource of Kazakhstan has become a subject of testing. The specificity of our country is the high level of tolerance; it's impossible to speak of any normal country develop... read more..

16 Nov

Economy

4323

4 min read

Russia torpedoes Kazakhstan's uranium sector, Kazatomprom ex-head

The arrested Kazatomprom ex president Mukhtar Djakishev, who led the national uranium company, Kazatomprom, for nearly a decade and practically turned it into one of the world leading producers, belie... read more..

Kazakhstan may require foreign companies to use domestic banks

12 Nov

Economy

3198

<1min

Kazakhstan may require foreign companies to use domestic banks

Kazakhstan may introduce requirements for foreign companies to use domestic banks for banking services and local insurers for insurance services, central bank chairman Grigoriy Marchenko said on Wedne... read more..

12 Nov

Political process

3048

<1min

Supporters Of Jailed Kazakh Activist Says Case Politically Motivated

Supporters of leading Kazakh human rights activist Yevgeny Zhovtis say his case is politically motivated, RFE/RL's Kazakh Service reports. Yevgeny Zhovtis, the director of the Almaty-base... read more..

Whose conditionality? The failure of EU sanctions on Uzbekistan.

12 Nov

Extra

3359

5 min read

Whose conditionality? The failure of EU sanctions on Uzbekistan.

On October 27, the European Union at its General Affairs and External Relations Council Meeting in Luxembourg decided, as expected, not to renew the sanctions imposed on Uzbekistan in the aftermath of... read more..

AZERGATE: U.S. businessman sentenced in oil bribery case

12 Nov

Corruption!

3479

2 min read

AZERGATE: U.S. businessman sentenced in oil bribery case

He was paying millions to father and son Aliyevs - senior leaders of the former Soviet republic. Next trail should be KAZAKHGATE. American businessman and co-founder of upscale handbag ma... read more..

11 Nov

Economy

3288

2 min read

Kazakhstan Plans to Sell First Foreign Bond in Decade

Kazakhstan plans to offer its first foreign-currency bonds in a decade next year, joining Russia in seeking to lure back investors as rising energy prices spur the former Soviet region's economic reco... read more..

11 Nov

Economy

3133

<1min

Kazakhstan may restrict foreign ownership in the banking sector

Kazakhstan may limit foreign ownership of banks and other financial companies to reduce the risk of a credit crunch, central bank chairman Grigoriy Marchenko said on Tuesday. "If it is nec... read more..

10 Nov

Economy

3735

2 min read

Finmeccanica, Kazakhstan sign MoU

Italian aerospace and defense company Finmeccanica has signed a memorandum of understanding with a Kazakhstan sovereign wealth fund for a raft of cooperation deals. The agreements cover h... read more..

10 Nov

Economy

3382

<1min

Kazakhstan to reduce coal output in 2009

According to Mr Duysenbay Turganov deputy minister of energy and mineral resources of Kazakhstan in 2009 Kazakhstan will reduce its coal output by about 12 million tonnes YoY to around 93 million tonn... read more..

10 Nov

Events and opinions

2689

2 min read

Berlusconi hails Kazakh men for population growth

Italy's Silvio Berlusconi praised the virility of Kazakhstan's men during a visit to Rome by its president, Nursultan Nazarbayev, saying this was the reason for the former Soviet country's population ... read more..

09 Nov

Economy

2838

<1min

BTA loses $13.4 billion in Jan-Sep

BTA Bank, until recently Kazakhstan’s biggest bank, lost KZT2 trillion ($13.4 billion) in January through September, the bank reported on Thursday. BTA was nationalized in February and we... read more..

09 Nov

Economy

2812

<1min

Kazakhstan’s current account deficit totaling $3.4 billion in Jan-Sep

Kazakhstan’s current account deficit in the first nine months of 2009 totaled $3.4 billion, the National Bank of Kazakhstan reported last week. In the third quarter of 2009, Kazakhstan ... read more..

06 Nov

Economy

4348

2 min read

Eni and KazMunaiGas close to deal

Italy's Eni group and Kazakhstan's London-listed KazMunaiGas last night signed a preliminary agreement that could result in up to $50bn of investments in the central Asian state's upstream and downstr... read more..

05 Nov

Extra

3175

2 min read

Kazakhstan investigates opposition paper's printer

Kazakhstan's financial police have launched a criminal investigation against the printer of an opposition newspaper critical of the authorities. Kazakhstan will next year chair Europe's... read more..

05 Nov

Economy

3117

2 min read

Transparency level in Kazakhstan lags behind Russia, Europe - S&P

In a report released in October, Standard & Poor’s said the transparency level is average for the largest public companies and weak for large non-public government-controlled companies. The S... read more..

The government should think on perspectives too

04 Nov

Extra

3262

5 min read

The government should think on perspectives too

In solving of necessary economical problems and implementation of anti-crisis policy it is impossible to forget the perspectives. Kazakhstan needs modernization of economy, establishment and developme... read more..

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