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©Turar Kazangapov Central Asia strongman regimes challenged by stuttering economy Now authorities across ex-Soviet Central Asia are facing an unexpected legitimacy test as falling oil prices and Russia's recession.
14 March 2016
©Reuters 'Bad bank' deal could be option for several countries: EU banking resolution chief A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.
17 February 2016
©Turar Kazangapov Tenge slides 100% in 5 months; what next for Kazakhstan? Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.
22 January 2016
©Inzoloto.ru Interest rates on deposits in tenge raised in Kazakhstan In efforts to contain inflation and de-dollarize the economy, National Bank of Kazakhstan raises interest rates on deposits in tenge.
21 January 2016
Kazakh Central Bank governor Daniyar Akishev ©Bloomberg.com Kazakh central bank governor shares de-dollarization plans The Governor of the National Bank of Kazakhstan Daniyar Akishev commented on the plan to de-dollarize the Kazakh economy.
20 January 2016
Hard economic lessons as China's coal boom ends China's coal industry is now crippled by oversupply, but its companies are too big to fail.
09 December 2015
EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk The European Union and Turkey agreed on a deal to stem the migrant crisis, including a three-billion-euro ($3.2-billion) aid package for Syrian refugees in Turkey.
30 November 2015
Jim Rogers. Photo courtesy of finance.yahoo.com American billionaire Jim Rogers considers investing in Kazakhstan American billionaire Jim Rogers is thinking about investing in Kazakhstan, a country he visited in October.
27 November 2015
Russia sanctions could be lifted if it meets Ukraine commitments: French PM Sanctions against Russia over its involvement in the Ukraine crisis could be lifted if Moscow fulfils commitments it made to help resolve the conflict, French Prime Minister Manuel Valls said.
26 November 2015
Photo courtesy of 24daily.net Gazprom says halts Ukraine gas deliveries over Kiev non-payment Russian state giant Gazprom said it had halted gas deliveries to Ukraine after Kiev failed to make upfront payments for more supplies.
25 November 2015
Photo courtesy of kazakhembus.com Russia moves forward with common currency for EEU despite Kazakhstan's opposition Russia is considering a common unit of account and currency for the EEU, while Kazakhstan is not eager to move forward with this project.
25 November 2015
British Prime Minister David Cameron. RIA Novosti© Britain's Cameron to pledge extra £12 billion for defence British Prime Minister David Cameron is to promise an additional £12 billion to strengthen the defence forces when he unveils a five-year strategic review on Monday.
23 November 2015
Photo ©EK/Ilyas Omar Central Asian countries sign Joint Declaration of Partnership and Cooperation with USA Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and the USA have issued the Joint Declaration of Partnership and Cooperation.
23 November 2015
Greek PM seeks 'national dialogue' on retirement reforms Greek Prime Minister Alexis Tsipras called for dialogue with the country's top powers on retirement reforms days after the ruling coalition was weakened by a dwindling majority.
23 November 2015
Barclays fined another $150 mn over forex 'misconduct' New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.
19 November 2015
Daniar Akishev. Photo  © Turar Kazangapov National Bank's Governor post is risky business The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.
18 November 2015
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.
18 November 2015
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.
17 November 2015
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.
17 November 2015
©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.
17 November 2015
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