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©Reuters.com
ADB predicts Kazakhstan's GPD to slow down to 1.5 percent in 2015

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.

ADB predicts Kazakhstan's GPD to slow down to 1.5 percent in 2015
Photo ©Tengrinews.kz
Kazakhstan in 10 World’s Worst Performers in Economy: Bloomberg

Kazakhstan ended up in the 10 World’s Worst Performers in Economy compiled by Bloomberg.

Kazakhstan in 10 World’s Worst Performers in Economy: Bloomberg
IMF on Kazakhstan’s 2015 GDP growth prospects

The country’s GDP growth figure in 2014 made up 4.3%.

IMF on Kazakhstan’s 2015 GDP growth prospects
Standard & Poor’s lowers Kazakhstan long-term ratings
Standard & Poor’s lowers Kazakhstan long-term ratings

Standard & Poor’s has lowered Kazakhstan long-term ratings over dwindling revenues of the oil-rich country amid the global oil turbulence.

Standard & Poor’s lowers Kazakhstan long-term ratings
EBRD on Kazakhstan’s 2015 economic prospects

Back in September 2014 the Bank had estimated the country’s 2015 growth rate at 5.1%.

EBRD on Kazakhstan’s 2015 economic prospects
Senate Speaker Kassym Jomart-Tokayev ©REUTERS
We want to make Kazakhstan one of the safest and most comfortable countries: Senate Speaker

The Speaker of Kazakhstan's Senate said that there are plans to significanly improve life in the country. By 2050, the country has the chance of becoming one of the safest and comfortable countries.

We want to make Kazakhstan one of the safest and most comfortable countries: Senate Speaker
©REUTERS
S&P about Kazakhstan's GDP growth downgrade and sovereign rating outlook

Senior Director at Standard & Poor's Sovereign Ratings division Christian Esters talks about Kazakhstan's rating outlook and downgrade of GDP growth forecast.

S&P about Kazakhstan's GDP growth downgrade and sovereign rating outlook
Kazakhstan’s GDP real growth expected at 4.8%: IMF

According to the Fund’s estimates, the inflation ratio is expected to reach 9%, “although the Government has been trying to keep the inflation ratio within the range of 6-8%”.

Kazakhstan’s GDP real growth expected at 4.8%: IMF
More than 2.2 billion people 'poor or near-poor': UN report
More than 2.2 billion people 'poor or near-poor': UN report

More than 2.2 billion people are "poor or near-poor", with financial crises, natural disasters, soaring food prices and violent conflicts threatening to exacerbate the problem, a United Nations report said.

More than 2.2 billion people 'poor or near-poor': UN report
Photo courtesy of  look.com.ua
Holiday packages from employers to improve national tourism: Kazakh Vice PM

Kazakhstani Ministry of Industry and New Technologies proposed an alternative to free holiday packages.

Holiday packages from employers to improve national tourism: Kazakh Vice PM
Kazakhstan GDP growth slows down: S&P
Kazakhstan GDP growth slows down: S&P

Standard & Poor’s rating agency predicts a decline in Kazakhstan GDP to 4.5% due to reduced volumes of oil production and a slowdown of the Russian economy.

Kazakhstan GDP growth slows down: S&P
Japan's Q1 growth fastest in more than two years
Japan's Q1 growth fastest in more than two years

Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike.

Japan's Q1 growth fastest in more than two years
Former guerrilla favorite in El Salvador run-off vote
Former guerrilla favorite in El Salvador run-off vote

Voters in El Salvador cast ballots Sunday in a presidential runoff expected to crown the current vice president, a former guerrilla commander, as the country's new leader.

Former guerrilla favorite in El Salvador run-off vote
Kerry praises Greece for tough economic choices
Kerry praises Greece for tough economic choices

US Secretary of State John Kerry praised the Greek government Friday for making "tough choices" to resolve the country's economic crisis and said he believed the situation was improving.

Kerry praises Greece for tough economic choices
© Tengrinews.kz
President Nazarbayev tasks his Government with ensuring 6-7% economy growth rate in 2014

A blanket program to develop the financial sector to 2030 must be drafted by June 1, 2014: President.

President Nazarbayev tasks his Government with ensuring 6-7% economy growth rate in 2014
France sells 1% stake in Airbus Group for 451 mn euros
France sells 1% stake in Airbus Group for 451 mn euros

The French state has raised 451 million euros ($614 million) by selling a one percent stake in European aircaft and defence corporation Airbus Group, the economy minister said Thursday.

France sells 1% stake in Airbus Group for 451 mn euros
Fed taper poses risks to global pick-up: World Bank
Fed taper poses risks to global pick-up: World Bank

The World Bank on Tuesday raised its growth forecasts for the global economy, but warned of potential volatility in capital flows as the United States withdraws its stimulus.

Fed taper poses risks to global pick-up: World Bank
U.S. Senator Barbara Mikulski (D-MD). ©Reuters/Jim Young
US Congress unveils $1 trillion spending bill

Negotiators from the US Senate and House of Representatives unveiled a $1 trillion spending bill late Monday, eliminating the threat of another government shutdown, at least until October.

US Congress unveils $1 trillion spending bill
Britain's Chancellor of the Exchequer George Osborne. ©Reuters/Toby Melville
2014 year of 'hard truths' for British economy: Osborne

British finance minister George Osborne will warn that 2014 is to be the year of "hard truths" and public spending cuts when he sets out his plans for the year ahead.

2014 year of 'hard truths' for British economy: Osborne
Top French court approves 75% company tax on high salaries
Top French court approves 75% company tax on high salaries

France's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.

Top French court approves 75% company tax on high salaries