Economy - страница 55

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US allows oil exports for 1st time since 1970s: WSJ The US will allow two companies to export unrefined oil for the first time in four decades, taking steps to break a ban on crude exports, The Wall Street Journal reported.

25 June 2014

New debt would be 'worst possible' error in EU: Schaeuble Running up new debt would be "the worst possible" thing to do, German Finance Minister Wolfgang Schaeuble said on Tuesday as a debate resurfaces over an easing of EU fiscal rules.

24 June 2014

Kazakhstan to supply silicon and cells for solar plates in Qatar The group of Kazakhstani companies of KazPV project (Astana Solar, Kazakhstan Solar Silicon and KazSilicon) together with American Clean Power Innovation have signed a memorandum with Qatar Solar Energy to supply silicon and plates for solar panels.

23 June 2014

Kazakhstan needs $300 million annually to catch up with Russia, the USA and China in space exploration According to KazKosmos Head, only around $16.4 million is needed to have state-of-the-art laboratories built and fully equipped.

23 June 2014

More than $140 billion offshored from Kazakhstan in 10 years More than $140 billion have been offshored from Kazakhstan over the past decade, according to international experts.

23 June 2014

G20 lagging on growth targets: Australia Reforms proposed to lift global growth in line with a target set by the world's biggest economies earlier this year are so far falling short, Australian Treasurer Joe Hockey said.

23 June 2014

Kazakhstan is among post-Soviet leaders in 4G penetration Mobile Internet in Kazakhstan has proved to be more popular that in Russia and most of the Post-Soviet states.

22 June 2014

Kazakh VIce-PM about foreign debt Kazakhstan's Vice Prime Minister and Minster of Finance Bakhyt Sultanov reported to the Parliament about the measures the government was planning to use to reduce the foreign debt of the country.

22 June 2014

After eurozone crisis, IMF rethinks rescues The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.

21 June 2014

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7 Kazakh companies' credit rating outlook downgraded by S&P Standard & Poor’s has revised outlook of 7 Kazakhstan national companies from Stable to Negative.

19 June 2014

Chevron, Lukoil eyeing new project in Kazakhstan Chevron, Lukoil and other major companies are eyeing a new Eurasia Project in Kazakhstan, an oil production project in the Caspian Lowland.

19 June 2014

No petrol shortages expected in Kazakhstan: Oil Minister According to him, now the issue of petrol prices for the second half of the year is on the agenda.

19 June 2014

Argentina says won't make next bond payment in US Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.

19 June 2014

Workers producing parts of equipment for Kashagan go on strike Dozens of workers launched the campaign to demand the salaries owed to them since December 2013.

18 June 2014

Transition to new Kashagan operator started in May: NCOC North Caspian Operating Company (NCOC) informed that the transition to a new operator of the Kashagan project started back in May 2014.

18 June 2014

American Airlines, owed $750 mn, trims flights to Venezuela American Airlines, owed some $750 million by Venezuela, said Tuesday it was sharply reducing flights to the South American nation from July after the two sides failed to read a deal, a spokesman said.

18 June 2014

Hong Kong steel firm pays $470 mn for 5-star Paris hotel A Hong Kong steel investment firm said it has agreed to pay almost $470 million for the five-star Paris Marriott Hotel Champs-Elysees, as it targets Chinese tourists' desire for luxury travel.

18 June 2014

Kazakhstan GDP growth slows down: S&P Standard & Poor’s rating agency predicts a decline in Kazakhstan GDP to 4.5% due to reduced volumes of oil production and a slowdown of the Russian economy.

18 June 2014

Abramovich co-invests in Israeli StoreDot with Kazakhstan's Rakishev Russian businessman Roman Abramovich has invested $10 million into an Israeli start-up StoreDot, a bio-organic materials based electronics developer.

17 June 2014