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Spain backs France's decision to miss EU deficit target
Spain backs France's decision to miss EU deficit target

Spain backed France's decision to let EU deficit obligations slide in order to step up spending on security in the wake of the Paris terror attacks.

Spain backs France's decision to miss EU deficit target
Daniyar Akishev ©Yaroslav Radlovsky
Kazakhstan changes central bank governor

Kazakhstan central bank Governor Kairat Kelimbetov was dismissed, Daniyar Akishev has been appointed as new National Bank Governor.

Kazakhstan changes central bank governor
Bolat Zhamishev ©ortcom.kz
Chairman of Development Bank of Kazakhstan on public trust in tenge

Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.

Chairman of Development Bank of Kazakhstan on public trust in tenge
©Turar Kazangapov
Tenge depreciation not enough to help Kazakh exporters

In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.

Tenge depreciation not enough to help Kazakh exporters
©Temirlan Ospanov
National Champions to increase Kazakhstan's exports and GDP

National Champions are expected to develop Kazakhstan's industry and considerably increase non-commodity exports by 2018.

National Champions to increase Kazakhstan's exports and GDP
Japan dips into recession in stumble for 'Abenomics'
Japan dips into recession in stumble for 'Abenomics'

Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.

Japan dips into recession in stumble for 'Abenomics'
Turkey cancels $3.4 bln missile deal with China
Turkey cancels $3.4 bln missile deal with China

Turkey has cancelled a multi-billion-dollar deal with China to build its first anti-missile system that had alarmed Ankara's allies in NATO.

Turkey cancels $3.4 bln missile deal with China
©Turar Kazangapov
Kazakh tenge's sharp fluctuations period over: opinion

According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.

Kazakh tenge's sharp fluctuations period over: opinion
Russian jet crash puts Sharm resort staff on 'unpaid leave'
Russian jet crash puts Sharm resort staff on 'unpaid leave'

The Russian plane crash in Egypt has forced Sharm el-Sheikh hotels to send dozens of staff on "unpaid leave" as tourist numbers dwindle, with tens of thousands of jobs at risk within months.

Russian jet crash puts Sharm resort staff on 'unpaid leave'
©Turar Kazangapov
Kazakh tenge real exchange rate down by 24.7% in 2015

National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

Kazakh tenge real exchange rate down by 24.7% in 2015
Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle
Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle

According to German Deutsche Welle, sharp tenge depreciation caused some foreign workers, who came to Kazakhstan for better prospects, to consider going back home.

Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle
Cameron announces £9bn in UK-India deals during Modi visit
Cameron announces £9bn in UK-India deals during Modi visit

Prime Minister David Cameron said British and Indian companies will announce deals worth a total of £9.0 billion during his Indian counterpart Narendra Modi's visit to Britain.

Cameron announces £9bn in UK-India deals during Modi visit
Photo courtesy of facebook.com.
Kazakhstan's Kaspi Bank acquires status of bank holding company

One of largest Kazakhstan’s banks Kaspi Bank has acquired the status of a bank holding company.

Kazakhstan's Kaspi Bank acquires status of bank holding company
©Tengrinews
Russia-Kazakhstan exchange rate policy implications discussed in Astana

Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.

Russia-Kazakhstan exchange rate policy implications discussed in Astana
Photo © Tengrinews.kz
Geo-economy of Eurasian region discussed at Astana Club

The first meeting of the Astana club has gathered over 50 experts in economics, politics, international relationships to discuss the geo-economic situation in the Eurasian regio

Geo-economy of Eurasian region discussed at Astana Club
UniCredit, feeling squeeze from low rates, cuts 18,200 jobs
UniCredit, feeling squeeze from low rates, cuts 18,200 jobs

Italy's top bank UniCredit announced plans to shed over 18,000 jobs in an effort to stay profitable as low interest rates and the weak economy weigh on earnings.

UniCredit, feeling squeeze from low rates, cuts 18,200 jobs
French PM says opposed to Renault, Nissan merger
French PM says opposed to Renault, Nissan merger

French Prime Minister Manuel Valls said he was opposed to a full merger of Renault and Nissan, but wanted to "preserve the alliance", following a week of mounting tensions over the role of the state in the carmaker.

French PM says opposed to Renault, Nissan merger
IMF chief urges Gulf to adapt to sustained oil price drop
IMF chief urges Gulf to adapt to sustained oil price drop

International Monetary Fund chief Christine Lagarde warned that global energy prices could remain low for years and urged Gulf countries to adjust their budgets.

IMF chief urges Gulf to adapt to sustained oil price drop
Obama rejects Canada's Keystone XL pipeline to US
Obama rejects Canada's Keystone XL pipeline to US

US President Barack Obama on Friday blocked the Keystone XL oil pipeline that Canada sought to build into the United States, ruling it would harm the fight against climate change.

Obama rejects Canada's Keystone XL pipeline to US
Estonia PM questions Baltic plan to price Soviet occupation
Estonia PM questions Baltic plan to price Soviet occupation

Estonia's premier raised doubts Friday about the decision of three Baltic states to calculate how much money they lost under some 50 years of Soviet occupation.

Estonia PM questions Baltic plan to price Soviet occupation