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Finance - страница 61

plan news Minister Great Britain finance Europe economy National Bank Marchenko Kazakhstan

British finance minister fighting for survival: press British finance minister George Osborne must urgently form a plan to rectify the country's recession-hit economy after it shrank alarmingly in the second quarter.

27 July 2012

Kazakhstan’s gross foreign debt as of March 31, 2012 stood at $129.3 billion According to Mr. Marchenko, the debt of the Government and the National Bank make up 4% of the overall debt figure, that is $5.2 billion.

26 July 2012

Kazakhstan road policemen will get pay rise Last year their wages were raised by 30 percent. This year we are planning an additional raise: Road Police chairman.

26 July 2012

Kazakhstan government will help famers suffering from drought Kazakhstan Agriculture Ministry is working on measures to support farmers in relation to the severe drought in Kazakhstan.

26 July 2012

Kyrgyzstan gas debt to Kazakhstan is complicated and growing KyrgyzGas finds it had to collect the debts from its Kyrgyz users of gas.

26 July 2012

Kazakhstan Central Bank’s Governor on economic prospects The worst scenario envisages measures in case the oil price hits the bottom of $40 per barrel. The Government in partnership with the National Bank have developed respective action plans, incentives to support the economy: Gregory Marchenko.

25 July 2012

National Bank’s Governor doesn’t rule out further slashing down the key rate In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.

25 July 2012

Kazakhstan to shortly ban Ponzi schemes The country’s General Prosecutor’s Office is drafting amendments [before September 2012] into the national legislation to introduce liability for those starting or running Ponzi schemes.

25 July 2012

National Oil Fund’s average annual earning capacity stands at 4.51% The Fund’s assets in 2011 and the H1 2012 grew by $20.8 billion: National Bank’s Governor Gregory Marchenko.

25 July 2012

TENGRI LIFE

TENGRI TRAVEL

Huge money spin in Kazakhstan's shadow economy The turnover of Kazakhstan’s shadow economy has amounted not to even to dozens but to hundreds of millions of dollars in the last 5 years.

25 July 2012

Moody's cuts Germany outlook Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."

24 July 2012

China’s investments to Kazakhstan standing at $13 billion According to China’s statistics, trade turnover last year reached $24.95 billion, 22% up against 2010.

24 July 2012

Indonesia's weakening rupiah raises concerns Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's largest economy, which is struggling against contagion from the global crisis.

24 July 2012

Euro falls to lowest against yen in over a decade The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.

23 July 2012

Oil strikes two-year high; soya scores record high Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest, while soyabeans soared to a record high as US supplies were hit by drought.

22 July 2012

Nasdaq hikes payout figure for botched Facebook IPO Nasdaq on Friday raised to $62 million the amount of money it will set aside to cover trading losses due to computer glitches that disrupted the launch of Facebook shares onto the market.

21 July 2012

Businessman suspected of fraud against Kazakhstan pension fund in Canada Ontario Securities Commission filed quasi-charges to a businessman in alleged fraud involving Kazakhstan pension fund.

20 July 2012

Kazakhstan GDP grew 7-fold in 9 years Last year’s GDP per capita made $11 thousand, which is 650 percent more than in 2002.

19 July 2012

China doubles loans to Africa to $20 billion President Hu Jintao said Thursday China would offer $20 billion in new loans to Africa, as he delivered a speech to a Beijing forum on co-operation with the resource-rich continent.

19 July 2012