US nears deal to cut Egypt debt by $1 bn: report US nears deal to cut Egypt debt by $1 bn: report The United States is weighing a deal with Egypt's new rulers to relieve $1 billion worth of debt, The New York Times reported Monday.
04 September 2012
South Africa miners to be freed South Africa miners to be freed South African courts are due Monday to start releasing 270 miners arrested over the deaths of fellow workers shot by police, after the murder charges against them were provisionally dropped.
04 September 2012
Carrying capacities of Kazakhstan’s export oil pipelines to be expanded to 100 million tons a year by 2020 Carrying capacities of Kazakhstan’s export oil pipelines to be expanded to 100 million tons a year by 2020 The current carrying capacities of all the Kazakhstan’s export oil pipelines stand at 66 million tons a year.
04 September 2012
Kazakhstan President urges to strike a balance between interests of the state and those of extraction companies Kazakhstan President urges to strike a balance between interests of the state and those of extraction companies Associated gas extracted by investors does not belong to them, he emphasized.
03 September 2012
EBRD providing $60.6 million to finance modernization of the Shardara hydropower plant in Kazakhstan EBRD providing $60.6 million to finance modernization of the Shardara hydropower plant in Kazakhstan The project is targeted at preventing emergency shutdowns of the power plant, bringing its capacities up by 16% to 116 megawatt and producing another 57 million kilowatt-hours a year.
03 September 2012
Judgement day looms for euro Judgement day looms for euro When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency.
03 September 2012
Bernanke signals desire for more Fed stimulus Bernanke signals desire for more Fed stimulus US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy Friday and argued for fresh action to stimulate growth from the central bank.
02 September 2012
 Standard & Poor's cuts Catalonia debt rating to junk status Standard & Poor's cuts Catalonia debt rating to junk status Standard & Poor's slashed Catalonia's debt to junk-bond status Friday, warning of looming financial tensions with Spain's central government.
02 September 2012
Japan court rejects Apple patent claims against Samsung Japan court rejects Apple patent claims against Samsung A Japanese court Friday rejected Apple's claim that Samsung stole its technology, dealing a blow to the iPhone maker after last week winning $1.05 billion in damages in the US from its bitter rival.
01 September 2012
Lufthansa cabin staff to strike Friday: union Lufthansa cabin staff to strike Friday: union Cabin staff at German airline Lufthansa will stage walkouts in Frankfurt from 0300 GMT on Friday, their union said late Thursday.
31 August 2012
Brazil set to cut interest rate to new record low : analysts Brazil set to cut interest rate to new record low : analysts Brazil's central bank is set this week to announce its ninth interest rate cut to a record low of 7.5 percent, in a bid to revive sluggish economic growth.
29 August 2012
Craft beers enjoy boom despite Italy's crisis Craft beers enjoy boom despite Italy's crisis With oyster, tobacco and watermelon flavoured brews, Italy's craft beers are flourishing despite a punishing recession that is putting thousands of other businesses out of work.
29 August 2012
Apple hits new record after big US court victory Apple hits new record after big US court victory Apple shares soared to a new all-time high Monday after the US tech giant's big win in a patent lawsuit against South Korea's Samsung, which saw its own stock tumble.
28 August 2012
Kazakh Government still plans to exit capital of companies in all sectors apart from extraction Kazakh Government still plans to exit capital of companies in all sectors apart from extraction When the private sector companies, including those working in the financial sector, recover from what they suffered in the crisis period, the priority will be given to the private sector ownership schemes: PM Karim Massimov.
28 August 2012
Moody's upgrades S. Korea credit rating Moody's upgrades S. Korea credit rating Ratings agency Moody's Investors Service Monday upgraded South Korea's sovereign credit rating, citing strong fiscal fundamentals and resilience to external economic shocks.
28 August 2012
Commercial production at giant oilfield Kashagan to start in spring 2013 Commercial production at giant oilfield Kashagan to start in spring 2013 The decision was taken not to start the production amidst severe winter conditions.
28 August 2012
Merkel: 'every day' counts for Greece's austerity steps Merkel: 'every day' counts for Greece's austerity steps German Chancellor Angela Merkel on Sunday warned that "every day" counts in efforts by debt-wracked Greece to comply with its commitments and safeguard its eurozone membership.
28 August 2012
Kazakhstan has thrashed 4 million tons of grain Kazakhstan has thrashed 4 million tons of grain The country has harvested grain in 39.6% of the area under crops.
28 August 2012
Russia's Transneft accused Kazakhstan colleagues of dumping Russia's Transneft accused Kazakhstan colleagues of dumping However, there is no information of any certain deals between Russian and Chinese companies on oil supplies.
27 August 2012

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