Kazakhstan 3 notches up in the WB’s Doing Business 2014 Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies.
29 October 2013
Sandy clean-up 'enormous' one year on A year after Hurricane Sandy, the United States still faces an enormous task to repair $60 billion worth of damage and improve resiliency before the next cyclone.
27 October 2013
Marchenko names reasons behind insufficiency of pensions in Kazakhstan The larger the pension savings pool is, the more investment tools are needed to secure a sufficiently high yield: Marchenko.
26 October 2013
Ex Chairman of the Central Bank on excessively protracted merger of pension funds Shareholders of pension funds involved into the swapping deal are first of all interested in having their missed profit compensated for: Gregory Marchenko.
25 October 2013
Brazil chases FIFA over World Cup structures Brazilian state prosecutors are seeking to recover almost $100m from football's global governing body FIFA which was spent on temporary structures at venues for next year's World Cup.
25 October 2013
ADB injections into the Kazakh economy stand at over $2.5 billion Kazakhstan plans to be a partner of the Asian Development Bank (ADB) to support developing countries: PM.
24 October 2013
Australia inflation jumps, dashes rate cut hopes Australian inflation rose by a stronger-than-expected 1.2 percent in the July-September period compared to the previous quarter.
23 October 2013
Merger of Kazakhstan’s pension funds to be complete in H2 2014 Earlier Mr. Kelimbetov, the then Vice Prime Minister, said that all the pension savings should be consolidated into a single government-owned pension fund by July 1, 2013.
23 October 2013
Icon Photo Tenge bills more beautiful than new $100 banknotes The new American $100 bill not as beautiful as Kazakhstan's tenge notes. Kazakhstan currency is "like the Meryl Streep of international bank notes": The Atlantic.
18 October 2013
World Bank to cut costs, bureaucracy: Kim World Bank President Jim Yong Kim on Friday announced a program to slash costs and reduce bureaucracy at the huge development organization that is expected to result in significant layoffs.
12 October 2013
Unbridled consumer loans are a new bomb to undermine the Kazakhstan’s financial sector: President Nazarbayev President has commissioned Kairat Kelimbetov, the newly appointed Central Bank Governor, to look into the situation.
12 October 2013
IMF gold sales to fund lending to poor countries The International Monetary Fund announced Thursday it has harnessed windfall gold profits from member countries to fund loans to the world's poorest countries in the coming years.
12 October 2013
Palestinian GDP can expand by a third if Israel lifts limits: World Bank The Palestinian economy could expand by over a third if Israel were to lift its restrictions on about 60 percent of the West Bank that it controls.
08 October 2013
National Bank approves schedule for transfer of pension assets to Single Pension Fund Transfer of pension assets and obligations of Kazakhstan's pension funds to the Single Pension Fund will start on October 11 and finish on June 26, 2014.
04 October 2013
Brazil economy in need of reforms, reduced state bloat Brazil, Latin America's economic behemoth, is in dire need of structural reforms and reduced government bloat to fuel sustainable growth.
03 October 2013
ADB lowers Kazakhstan’s economy growth estimate from 5.2% to 4.8% According to the Kazakhstan’s State Agency for Statistics, the country’s GDP grew by 5.5%from January to August.
02 October 2013
Kazakhstan Central Bank Governor Gregory Marchenko meets Zhou Xiaochuan, People's Bank of China Governor One of the items on the agenda was mutual settlements in the Tenge, Kazakhstan’s currency, and the renminbi.
30 September 2013
Salaries in Kazakhstan still calculated along 1996 rates of remuneration 6 out of 16 regions of Kazakhstan have low standard of living. Increasing living standards without providing adequate remunerations is a joke: Brimbetova.
30 September 2013
White House offers over $300 mn for bankrupt Detroit The White House offered more than $300 million in aid and support to bankrupt Detroit on Friday, as the crumbling, bankrupt Midwestern city struggles to survive.
29 September 2013
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