Guatemala extradites ex-president to US Guatemala extradites ex-president to US Guatemala extradited former president Alfonso Portillo to the United States on Friday to face charges of laundering $70 million of swindled government funds through US banks.
27 May 2013
Key step cleared to Swiss-China free trade deal Key step cleared to Swiss-China free trade deal Switzerland and China cleared the final hurdle Friday towards a landmark free-trade agreement, as Beijing seeks to underscore its growing global ties via deals with European partners.
25 May 2013
'Furlough Friday' hits US federal employees 'Furlough Friday' hits US federal employees The first day of US government furloughs imposed by a budget crunch saw more than 100,000 federal workers ordered to stay home Friday.
25 May 2013
Kazakhstan to spend 2% of its GDP annually on green technology Kazakhstan to spend 2% of its GDP annually on green technology It’s unjustified carelessness to postpone searching for solutions to environment-related issues: President Nazarbayev.
24 May 2013
US trade panel rejects Motorola bid to block Xbox imports US trade panel rejects Motorola bid to block Xbox imports The US International Trade Commission sided with Microsoft on Thursday in a patent dispute with Google-owned Motorola Mobility that could have gotten Xbox 360 videogame consoles banned from import.
24 May 2013
Kazakhstan’s exports have slanted towards low value-added commodities: Vice Minister of Economic Affairs and Budget Planning Kazakhstan’s exports have slanted towards low value-added commodities: Vice Minister of Economic Affairs and Budget Planning With the Customs Union launch, the negative balance of trade in trade ties with Russia in 2012 totaled $ 10.365 billion, 58.4% up against 2010.
24 May 2013
Kazakhstan’s Central Bank Governor on single currency within Customs Union Kazakhstan’s Central Bank Governor on single currency within Customs Union It could take us a decade if we build on the Eurozone experience, he believes.
24 May 2013
Air Astana among world's top 20 airlines Air Astana among world's top 20 airlines Kazakhstan national air carrier Air Astana is among the top 20 airlines in the world.
24 May 2013
Ford to halt car production in Australia in 2016 Ford to halt car production in Australia in 2016 Ford announced Thursday it would cease making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, ending an era that began in 1925 with the firm's first local car.
24 May 2013
Kazakhstan's KEGOC to postpone floating in People's IPO Kazakhstan's KEGOC to postpone floating in People's IPO The deadline for KEGOC to float its stock as part of the People’s IPO in Kazakhstan has been put off.
23 May 2013
Samsung sells more than 10 mn Galaxy S4 smartphones Samsung sells more than 10 mn Galaxy S4 smartphones South Korea's Samsung Electronics said Thursday that global sales of its latest flagship Galaxy smartphone had topped 10 million units less than a month after its debut.
23 May 2013
Kazakhstan’s President suggested working out global mechanisms to regulate issuance of derivatives and exercising control over offshore zones Kazakhstan’s President suggested working out global mechanisms to regulate issuance of derivatives and exercising control over offshore zones According to him, money siphoned off national economies is like a delayed-action mine that could detonate any time.
23 May 2013
Estonian company buys 15 locomotives from Kazakhstan Temir Zholy Estonian company buys 15 locomotives from Kazakhstan Temir Zholy Estonian company AS Vopak E.O.S. Ltd will buy 15 Kazakhstan-made TEZZA locomotives from Kazakhstan Temir Zholy.
23 May 2013
40 agreements worth $400 million to be signed at Astana Economic Forum 40 agreements worth $400 million to be signed at Astana Economic Forum Over 40 memorandums and agreements totally worth $400 million will be signed during the 6th Astana Economic Forum in Kazakhstan.
22 May 2013
Kazakhstan to establish $1 bln venture fund Kazakhstan to establish $1 bln venture fund An innovation-oriented venture fund with a capital of $1 billion will be established in Kazakhstan.
22 May 2013
Sberbank Kazakhstan and Development Bank of Kazakhstan to jointly finance projects Sberbank Kazakhstan and Development Bank of Kazakhstan to jointly finance projects Besides, Sberbank Kazakhstan has signed an agreement with IFC, with the latter providing a loan to finance S&Mbs.
22 May 2013
Processing of crude into high value-added products is an effective way for Kazakhstan to attract international investors: ADB Processing of crude into high value-added products is an effective way for Kazakhstan to attract international investors: ADB Such projects will bring forth valuable technical know-how, enabling Kazakhstan to transform into a hub of modern industrial production and a source of innovations within the region.
22 May 2013
Kazakhstan’s National Oil Fund could be a possible source to finance infrastructure projects: ADB Vice-President for Private Sector and Cofinancing Operations Kazakhstan’s National Oil Fund could be a possible source to finance infrastructure projects: ADB Vice-President for Private Sector and Cofinancing Operations According to her, Kazakhstan has no clear strategy in place to attract money to finance this kind of projects.
22 May 2013
Venezuela moves to relieve toilet paper shortage Venezuela moves to relieve toilet paper shortage Venezuela's National Assembly on Tuesday approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich state.
22 May 2013

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