IMF: World economy menaced by too much financial risk
The world economy needs more productive investment and less in speculative assets, which in many cases are now overvalued and pose big stability risks.
The International Monetary Fund slashed its 2014 economic growth forecast for Brazil by a full percentage point, blaming weak investment and a consumer funk.
Kazakhstan allocates $13 million for electronic tagging
Kazakhstan has recently introduced changes to the Criminal Code. In this regard, the state will allocate $13 million for electronic tagging devices for monitoring convicts.
RIXOS Group to develop Kinderley resort on Kazakhstan’s Caspian shores
The overall investments are estimated at $3.3 billion. The resort is projected to cater to over 640 000 tourists a year by 2020, with 70% of them being foreigners.
Netherlands no longer biggest investor into Kazakh economy
As of the end of 2013, according to the Kazakhstan’s Central Bank, the Netherlands was the largest investor, with the FDI standing at $728.1 million in the Q4 2013 alone.
Industrial State Program had little effect on Kazakhstan's economy: Nazarbayev
Nurusltan Nazarbayev has summarized the results of the implementation of the first 5 years of the State Program of Accelerated Industrial and Innovative Development.
Shanghai-based conglomerate Fosun International said it would take a stake in new US media company Studio 8, marking a rare investment by a Chinese firm in Hollywood.
