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©REUTERS
Oil prices will continue falling: Kazakh economist

Kazakhstani economist Vladimir Telnov predicts that global oil prices will continue falling in the next 5 to 15 years.

Oil prices will continue falling: Kazakh economist
Photo © RIA Novosti
EU offers more help for farmers hurt by Russia sanctions

The EU formally extended until next year a multi-million-euro aid package to help European fruit and vegetable growers hit by Russian sanctions over the Ukraine crisis.

EU offers more help for farmers hurt by Russia sanctions
Photo © RIA Novosti
Russia starts destroying smuggled Western foods

Russian officials steamrolled tonnes of cheese, fruit and vegetables, defying public outrage to begin a controversial drive to destroy Western food smuggled into the crisis-hit country.

Russia starts destroying smuggled Western foods
Deputy Akim of Mangistau Oblast Rakimbek Amirzhanov and Consul General of Iran in Aktau Mahmoud Adib ©lada.kz
Next oil refinery in Kazakhstan to be built together with Iran

Deputy Akim of Kazakhstan's Mangistau Oblast declared that the fourth oil refinery in Kazakhstan would be built in cooperation with Iran.

Next oil refinery in Kazakhstan to be built together with Iran
Photo courtesy of newskaz.ru.
OPEC unlikely to lose oil influence to US shale: analysts

OPEC's announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects the growing influence of booming US shale.

OPEC unlikely to lose oil influence to US shale: analysts
Photo courtesy of newskaz.ru.
Venezuela seeks allies outside OPEC to steady oil prices

Latin American crude producer Venezuela, struggling to cope with sharply lower oil prices, is seeking support outside OPEC to stabilise the market.

Venezuela seeks allies outside OPEC to steady oil prices
Prime-Ministers of Lithuania and Kazakhstan. Photo courtesy of primeminister.kz.
Lithuanian PM meets with Nursultan Nazarbayev and Karim Massimov

Kazakhstan's President Nazarbayev and the Kazakh PM Karim Massimov have held a meeting with the PM of Lithuania Algirdas Butkevičius, who came to Kazakhstan fro the VIII Astana Economic Forum.

Lithuanian PM meets with Nursultan Nazarbayev and Karim Massimov
American investor Jim Rogers. ©cnn.com
American billionaire Jim Rogers advises to invest in emerging markets like Kazakhstan

A famous American investor and businessman Jim Rogers advised to invest in the emerging markets like Iran, Kazakhstan, North Korea and a number of African countries.

American billionaire Jim Rogers advises to invest in emerging markets like Kazakhstan
Pepsi ousts Coke as NBA sponsor; Coke takes soccer play
Pepsi ousts Coke as NBA sponsor; Coke takes soccer play

PepsiCo will replace Coca-Cola as the official beverage partner of the National Basketball Association, while Coke has teamed up with Major League Soccer.

Pepsi ousts Coke as NBA sponsor; Coke takes soccer play
Photo courtesy of foodsafetyhelpline.com.
Producers of milk and butter mislead consumers: Kazakhstan's Agriculture Minister

Kazakhstan’s Minister of Agriculture Asylzhan Mamytbekov has talked about dairy products, particularly milk and butter, at the Food Security Conference held in Astana on March 13.

Producers of milk and butter mislead consumers: Kazakhstan's Agriculture Minister
Magzhan Auezov (on the left) and Marc Holtzman. ©Tengrinews.kz
KazKommertsBank names new Chairman of Directors Board and Chairman of Management Board

The Board of Directors of KazKommertsBank has named the new Chairman of the Board of Directors and the new Chairman of the Management Board.

KazKommertsBank names new Chairman of Directors Board and Chairman of Management Board
EU announces aid to pork industry hit by Russian ban
EU announces aid to pork industry hit by Russian ban

European Agriculture Commissioner Phil Hogan announced measures to raise pork prices to help the industry hit by a Russian embargo.

EU announces aid to pork industry hit by Russian ban
©REUTERS
Kazakhstan to return 4.1 billion tenge of VAT payments to ArcelorMittal Temirtau

The Taxation Department of Karaganda Oblast has began a check to confirm the outstanding debt of Kazakhstan tax authorities to ArcelorMittal Temirtau.

Kazakhstan to return 4.1 billion tenge of VAT payments to ArcelorMittal Temirtau
Photo courtesy of misionverdad.com
Kazakh President calls to look for new markets for domestic products

President of Kazakhstan Nursultan Nazarbayev has declared it is time for domestic enterprises to search for new markets to sell their products instead of Russia.

Kazakh President calls to look for new markets for domestic products
Low oil prices won't spur world growth: Moody's
Low oil prices won't spur world growth: Moody's

Low oil prices normally help grease the wheels of business and spur global economic growth, but Moody's said it would not revise its forecasts for the G20,.

Low oil prices won't spur world growth: Moody's
Photo courtesy of the press service of the Governor of Karaganda Oblast.
ArcelorMittal Temirtau employees to receive full salary

ArcelorMittal Temirtau will pay the remaining 25 percent of the workers' wages before February 17.

ArcelorMittal Temirtau employees to receive full salary
Kenes Rakishev. ©Tengrinews.kz
Kazakh businessman Kenes Rakishev launches venture capital fund

Kazakhstan's businessman Kenes Rakishev has become one of the investors of a $102 million venture capital fund.

Kazakh businessman Kenes Rakishev launches venture capital fund
Photo courtesy of yk-news.kz.
Laughing gas goes on sale in Ust-Kamenogorsk in eastern Kazakhstan

Quite an unusual advertisement has appeared in Ust-Kamenogorsk city. It offers the city residents to buy cans of laughing gas that causes feeling of euphoria.

Laughing gas goes on sale in Ust-Kamenogorsk in eastern Kazakhstan
Photo courtesy of trust.ua.
National Entrepreneurs Chamber suggests introducing trade barriers in Kazakhstan amid Russian ruble crisis

Strengthening of tenge against Russian ruble negatively affects industrial sectors of Kazakh economy, therefore National Chamber believes it is necessary to introduce trade barriers.

National Entrepreneurs Chamber suggests introducing trade barriers in Kazakhstan amid Russian ruble crisis
©photos.id.kcdn.kz
Experts talk about Kazakhstan's car market amid Russian ruble depreciation

The year 2014 was a special one for the Kazakh car market given the recent depreciation of the ruble. Experts told Tengrinews about its effect on Kazakhstan's car market in 2015.

Experts talk about Kazakhstan's car market amid Russian ruble depreciation