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Finance

G20 states spend $88bn in fossil fuel exploration subsidies: report G20 states spend $88bn in fossil fuel exploration subsidies: report Leading world economies are spending $88 billion (71 billion euros) a year in fossil fuel exploration subsidies.
11 November 2014
Brazil welcomes FIFA $100 million World Cup legacy fund Brazil welcomes FIFA $100 million World Cup legacy fund The President of the Brazilian Football Confederation welcomed the signing of a memorandum enshrining implementation of FIFA's $100 million World Cup Legacy Fund.
11 November 2014
G20 global infrastructure hub set for Australia G20 global infrastructure hub set for Australia A global infrastructure hub proposed by G20 nations to help strengthen economic growth will be based in Sydney and funded by Australia.
10 November 2014
Central Bank Governor on situations in Russia and Kazakhstan Central Bank Governor on situations in Russia and Kazakhstan According to him, “unlike Russia, we enjoy a free access to the international markets (…) the Government has issued sovereign bonds worth $2.5 billion”.
10 November 2014
Russian ruble fall has little effect on Kazakhstan economy: IMF Russian ruble fall has little effect on Kazakhstan economy: IMF Kazakhstan is not strongly influenced by the changes in the currency rate of the Russian ruble.
09 November 2014
Kazakhstan's domestic debt up $2.5 billion in one day Kazakhstan's domestic debt up $2.5 billion in one day Kazakhstan's debt on government securities has grown by $2.5 billion in just one day.
08 November 2014
Summit of Islamic Financial Services Council to be held in Kazakhstan next year Summit of Islamic Financial Services Council to be held in Kazakhstan next year Governor of the National Bank of Kazakhstan has declared that the summit of the Council for Islamic Financial Services will be held in Almaty in 2015. He also spoke about the future of Islamic finance in Kazakhstan.
08 November 2014
New Bulgaria PM promises stability in EU's poorest country New Bulgaria PM promises stability in EU's poorest country Bulgaria's new Prime Minister Boyko Borisov said he hoped to restore stability to the EU's poorest country.
08 November 2014
Joblessness, inequality top global concerns in 2015: report Joblessness, inequality top global concerns in 2015: report Unemployment and rising income inequality will top concerns for global leaders in 2015, a World Economic Forum (WEF) study said.
07 November 2014
TENGRI LIFE
TENGRI TRAVEL
ADB provides a loan of $122 million to support S&MBs in Kazakhstan ADB provides a loan of $122 million to support S&MBs in Kazakhstan The loan is part of the second tranche of the $500 million program to support S&MBs approved by the ADB in 2012.
04 November 2014
IMF on inflation rate in Kazakhstan IMF on inflation rate in Kazakhstan Earlier the country’s Central Bank reported that the annual inflation rate as of the end of July stood at 7%.
04 November 2014
Kazakhstan provides financial aid to African countries to combat Ebola Kazakhstan provides financial aid to African countries to combat Ebola Kazakhstan has rendered financial aid to African countries through the UN Ebola Multi-Partner Trust Fund to combat the deadly Ebola virus.
03 November 2014
Euro crisis firms German power, 25 years after Berlin Wall Euro crisis firms German power, 25 years after Berlin Wall Twenty-five years after the Wall fell, analysts have little doubt that Europe's power now lies in Berlin, with the damaging eurozone crisis only heightening that perception.
03 November 2014
Sliding Ruble hurts Kazakhstan's exports to Russia Sliding Ruble hurts Kazakhstan's exports to Russia The continuing fall of the ruble exchange rate against dollar is taking its toll on the exports Kazakhstan is supplying to Russia.
31 October 2014
Government debt in Kazakhstan exceeds pre-devaluation mark Government debt in Kazakhstan exceeds pre-devaluation mark Latest data provided by Kazakhstan Stock Exchange suggests that the government debt in Kazakhstan now exceeds its pre-devaluation level.
31 October 2014
Minister of National Economy says $2.3bln budget deficit awaits Kazakhstan Minister of National Economy says $2.3bln budget deficit awaits Kazakhstan The Minister of National Economy of Kazakhstan Yerbolat Dosayev spoke about the changes to the national budget due to reduced economic growth and negative external factors.
31 October 2014
US spy agencies spent nearly $68 bn in 2014 US spy agencies spent nearly $68 bn in 2014 US spy agencies spent nearly $68 billion in fiscal year 2014, about the same level of spending on intelligence gathering in the previous year.
31 October 2014
Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.
31 October 2014
Kazakhstan National Bank official explains Single Pension Fund losses Kazakhstan National Bank official explains Single Pension Fund losses Advisor to the governor of the National Bank of Kazakhstan talks about pension fund losses as of September and the benefits of National Bank managing the Single Pension Fund.
30 October 2014
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