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pension fund news Kazakhstan Kazakh investment fraud Canada Americas
Businessman suspected of fraud against Kazakhstan pension fund in Canada 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 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 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
Heat and drought ravage US breadbasket Heat and drought ravage US breadbasket There was no end in sight Tuesday to the blistering heatwave baking much of the United States that has farmers mulling cutting down crucial crops and sent grain prices skyrocketing.
18 July 2012
Visa, MasterCard to pay billions in card-fee suit Visa, MasterCard to pay billions in card-fee suit Credit card giants Visa and MasterCard agreed Friday to pay more than $6 billion to millions of merchants which had sued them for allegedly fixing card-use fees.
14 July 2012
Economic crisis will not hit Kazakhstan until 2014: expert Economic crisis will not hit Kazakhstan until 2014: expert Expert of the Institute of Economic Research expressed his opinion on the effect of the global economic crisis on Kazakhstan.
14 July 2012
Euro under pressure as Moody's lowers Italy bond rating Euro under pressure as Moody's lowers Italy bond rating The euro was under fresh selling pressure to fall below $1.22 in Asia trade on Friday after ratings agency Moody's on Friday downgraded Italy's government bond rating.
13 July 2012
South Korea unexpectedly cuts key interest rate South Korea unexpectedly cuts key interest rate South Korea's central bank unexpectedly cut its key interest rate Thursday for the first time in more than three years, joining international moves to ease the impact of the eurozone debt crisis.
13 July 2012
Kazakhstan's H1 2012 GDP growth estimated at 5.6% Kazakhstan's H1 2012 GDP growth estimated at 5.6% Kazakhstan national GDP is expected to grow by 7% in 2012, Kazakhstan’s President Nursultan Nazarbayev had stated when speaking at the V Astana Economic Forum May 23.
12 July 2012
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Merkel pushes EU, Southeast Asia free trade pact Merkel pushes EU, Southeast Asia free trade pact German Chancellor Angela Merkel on Wednesday said Europe must step up its efforts to establish a free trade pact with booming Southeast Asia.
12 July 2012
Astana "eats off" other Kazakhstan citizens Astana "eats off" other Kazakhstan citizens Kazakhstan's budget expenses per one Astana citizen are 2-3 times higher than for any other Kazakhstan citizens.
11 July 2012
President Nazarbayev calls for stronger social security network for families President Nazarbayev calls for stronger social security network for families Among possible measures there are kindergarden expenses compensation schemes and tax benefits.
10 July 2012
Eurozone offers Spains 30 bn euros for banks Eurozone offers Spains 30 bn euros for banks Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to stay ahead of market scepticism.
10 July 2012
New Greek government pins hopes on privatisations New Greek government pins hopes on privatisations Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.
06 July 2012
Manchester United plays for dollars in US IPO Manchester United plays for dollars in US IPO Storied British football club Manchester United, overloaded with debt since their takeover by a billionaire American family of investors, is moving to raise cash through a US share sale.
05 July 2012
Economic uncertainty to last for at least another 9 months: National Bank Governor Economic uncertainty to last for at least another 9 months: National Bank Governor According to him, speculations on a second possible wave of the global financial crisis will be persistent for at least another 9 months until the Bundestag election is over and Eurozone issues are resolved.
05 July 2012
Annual inflation rate may be below 6% at the end of 2012: National Bank Governor Annual inflation rate may be below 6% at the end of 2012: National Bank Governor He noted that the lowest inflation rate since 1999 is bolstered by a number of factors, including somewhat decreasing prices for foodstuffs and crude oil.
04 July 2012
Israel sought $1 billion IMF loan for Palestinians Israel sought $1 billion IMF loan for Palestinians Israel sought a $1 billion IMF bridging loan for the Palestinian Authority earlier this year, but was turned down, an Israeli newspaper said Monday in a report.
03 July 2012
Maximum interest rates on deposits cut in Kazakhstan on July 1 Maximum interest rates on deposits cut in Kazakhstan on July 1 Kazakhstan Deposit Guarantee Fund decreased maximum interest rates on bank deposits for individuals starting from July 1.
02 July 2012
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