Kazakhstan gained 4 lines in the World Competitiveness Yearbook-2012
IMD ranked Kazakhstan 32nd in the World Competitiveness Yearbook-2012.
Olympics: London prostitutes 'cleaned from the streets'
The London Olympics are not big business for everyone -- sex workers say they are being cleared from the streets around the stadium to make the area more presentable for the Games.
Australia warned mining boom could end in two years
Australia's mining boom will slow more sharply than expected and could be over within two years due to easing demand from China and falling prices.
Departing IMF economist rips fund's leadership
A departing senior IMF economist has excoriated the fund, alleging it failed to address Europe's crisis and "suppressed" its challenges.
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.
Police fire rubber bullets after huge Madrid crisis protest
Spanish police fired rubber bullets and charged protestors in central Madrid early Friday at the end of a huge demonstration against economic crisis measures.
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.
Kim eyes reform in purge of N. Korea old guard: analysts
North Korea's young leader has been purging older generals in an attempt to curb the power of the 1.2-million-strong military and potentially open the way for economic reforms, analysts said Thursday.
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.
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.
World Bank tagged Kazakhstan investment heaven
Kazakhstan is one of the Top 20 most attractive countries for foreign investors: World Bank.
IMF urges Ukraine to hike gas prices for consumers
The International Monetary Fund again urged Ukraine Friday to raise gas prices for consumers, a sticking point in the resumption of an IMF bailout.
Cuba's Castro set to meet China's leaders
Cuban President Raul Castro begins talks with China's leaders on Thursday during which he is expected to win backing from his country's longtime ally in helping to implement historic economic reforms.
Recovering Greek leader faces crucial audit
Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain.
Nazarbayev called to increase companies' social responsibilities
The tasks related to the instability of the global economy come to the fore these days: Nursultan Nazarbayev.
2013 budget cuts are likely: Massimov
Prime-Minister Karim Massimov told the Parliament that Nursultan Nazarbayev had instructed to consider "a negative scenario for 2012".
Nazarbayev considers Kazakhstan business not active enough
There is not as much business activity going on as desired, although we are creating all possible conditions: Nazarbayev.
Kazakhstan faced tough competition in the Customs Union: Minister
Kazakhstan Minister of Industry and New Technologies talked about developmend of Kazakhstan economy in the Customs Union.
Common CES currency will be possible in 5 years
We will need a common currency in the course of development of our relations, but this has to be natural: expert.
Nazarbayev compared saving global economy with dollars to firefighting with petrol
Each new billion of dollars can cause a billion of new social problems: Nursultan Nazarbayev.