Kazakhstan’s Central Bank comes up with plan to reduce economy dollarizationThe plan for 2015-2016 was developed concertedly with the Government and seeks to ensure macroeconomic stability, develop cashless payments, reducing the shadow economy, and prioritize the national currency over foreign currencies.
Devaluation in Kazakhstan: How black was Black Tuesday?Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.
Japan to survey Pacific seabed for rare earth Japan will launch a survey of its Pacific seabed, an official said Thursday, hoping to find rare earth deposits large enough to supply its high-tech industries and reduce its dependence on China.
11 January 2013
Zinc hungry China asks Canada to back giant mine With zinc sources drying up and demand forecast to surge, resource hungry China is looking to Canada to approve two giant mines and close the gap -- but environmentalists and roving caribou stand in the way.
Popigai: Russia's vast, untouched diamond crater In the far north of Siberia, Russian scientists have stepped up research on a once-secret deposit of diamonds whose scale dwarfs anything ever discovered and could turn world markets "upside down".