ADB lowered its forecast for Kazakhstan's economic growth expecting a decrease in private consumption in response to higher import prices and diminished private investment.
Senior Director at Standard & Poor's Sovereign Ratings division Christian Esters talks about Kazakhstan's rating outlook and downgrade of GDP growth forecast.
Chinese growth accelerated to a forecast-beating 7.5 percent in the second quarter, official data showed Wednesday, as government stimulus provided a much-needed boost to the world's second-largest economy.
Powerful tornadoes tearing across southern United States have killed at least 10 people, emergency officials in the states of Arkansas and Oklahoma reported late Sunday.
The population in Kazakhstan's northern regions may shrink by nearly one million people by 35 years, and become four times smaller than that of the southern areas.
Nearly 100,000 households were without power in western France on Friday as a storm slammed into Brittany packing winds of up to 140 kilometres (90 miles) per hour.
Hurricane-force winds from an Atlantic storm left tens of thousands of Britons without power Thursday and one man dead, adding to widespread misery after devastating floods caused by the wettest winter in 250 years.
A fast-moving wildfire destroyed at least 40 homes in western Australia's Perth, officials said Monday, with one man dying as he prepared for the approaching inferno.
Snow, high winds and a glacial chill hit the northeastern United States Thursday as a blast of brutal wintry weather bore down on many states and major cities, snarling air traffic.
When Hungary's economy minister predicted a year ago an economic "fairy tale" for Hungary in 2013, few believed him. But recent data from the central European country show he might have been right.