Kazakhstan retains GDP growth at 5.1%
The economy growth is driven by the growing consumer spending: the country’s retail turnover has grown by 12.3% since the start of the year: Economic Affairs Minister.
G20 gets 'action plan' to fight tax avoidance
The OECD has presented the G20 nations with a bold strategy to crack down on tax avoidance by corporate giants and the super rich, and so boost overstretched national budgets.
Detroit becomes largest US city to file for bankruptcy
Detroit on Thursday became the largest city in US history to file for bankruptcy protection after decades of decline and mismanagement rendered the home of the nation's auto industry insolvent.
Boeing stocks dive after 787 fire at Heathrow
Boeing stocks plunged nearly 5 percent on Friday after a fire and a "technical issue" on separate 787 Dreamliners in Britain stoked fresh safety concerns about the new high-tech jetliner.
Oil trafficking funds Kazakhstan's religious extremists
Illicit trafficking in oil and oil products fuels Kazakhstan's shadow economy and provides funding to organized criminal groups, including radical religious movements: official.
01 July 2013
Spain raises taxes on alcohol, tobacco
The Spanish government, which is struggling to cut one of the eurozone's largest public deficits during a double-dip recession, on Friday raised taxes on tobacco and alcohol.
29 June 2013
Lebanon tourism pays the price for Syria's war
Dia's restaurant in the Lebanese resort village of Aley is deserted. Most years, he caters to thousands of rich Gulf Arab tourists and to visiting expats, but this year no one has come.
29 June 2013
EU leaders pledge job funds, back new budget
European leaders on Friday agreed to deploy 8.0 billion euros ($10.4 billion) to help create jobs for young people at a summit that also backed a tentative deal on the EU's next trillion-euro budget, despite simmering doubts.
EU ministers agree on new bank rescue rules
European finance ministers on Thursday agreed a draft deal on new rules for bank rescues that will only allow bailouts by taxpayers in exceptional cases and shift the burden onto bank owners, creditors and large depositors.
27 June 2013
Moody’s Investors Service on Kazkahstan’s 2013 GDP
According to the rating agency, GDP can be maintained at 5% in 2014, with the growth depending on the giant Kashagan oilfield expected to start commercial production later this year.