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China's economy to rebound in second half: IMF China's economy will rebound in the second half of 2012 to achieve annual growth of eight percent as government policies to spur growth take effect.

26 July 2012

Kazakhstan’s President arrives in London on a working visit He is expected to have a number of bilateral talks and attend the London Olympic Games opening ceremony.

25 July 2012

Kazakhstan Central Bank’s Governor on economic prospects The worst scenario envisages measures in case the oil price hits the bottom of $40 per barrel. The Government in partnership with the National Bank have developed respective action plans, incentives to support the economy: Gregory Marchenko.

25 July 2012

National Bank’s Governor doesn’t rule out further slashing down the key rate In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.

25 July 2012

Kazakhstan to shortly ban Ponzi schemes The country’s General Prosecutor’s Office is drafting amendments [before September 2012] into the national legislation to introduce liability for those starting or running Ponzi schemes.

25 July 2012

National Oil Fund’s average annual earning capacity stands at 4.51% The Fund’s assets in 2011 and the H1 2012 grew by $20.8 billion: National Bank’s Governor Gregory Marchenko.

25 July 2012

New York bids farewell to 'Queen of Soul Food' New Yorkers gave a big sendoff to "Queen of Soul Food" Sylvia Woods, whose famed Harlem restaurant served everybody from Muhammad Ali to Bill Clinton.

25 July 2012

Euro inches off multi-year lows in Asian trade The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.

25 July 2012

Sunbed tanning kills 800 in Europe every year: study Sunbed users run a 20 percent higher risk than non-users of developing skin cancer, according to a report that blamed some 800 melanoma deaths in Europe every year on indoor tanning.

25 July 2012

Ghana president dies after illness, successor sworn in Ghana President John Atta Mills died suddenly Tuesday, hours after being taken ill and months before he was to seek re-election in a country seen as a bastion of democracy in west Africa.

25 July 2012

Cracks in Bessoba buildings are not widening: Karaganda administration Karaganda experts have found no deviations in the framework of the buildings in Bessoba residential complex.

25 July 2012

Canada 'spy' sold US, Australia, UK secrets: report A Canadian naval officer arrested this year for allegedly leaking secrets may also have compromised top level Australian, British and American intelligence.

25 July 2012

Syria rebels say chemical weapons moved to borders Syrian rebels have accused strongman Bashar al-Assad of moving chemical weapons to the country's borders, after his beleaguered regime said it would use its stockpiles if attacked.

25 July 2012

US university removes Paterno statue after child sex scandal Workers at Penn State University on Sunday used jackhammers and a forklift to remove a statue of legendary football coach Joe Paterno, tarnished by a child sex scandal that saw his top aide imprisoned.

25 July 2012

Nursultan Nazarbayev got personal Web page An updated version of Kazakhstan President’s official website is launched on July 25, 2012.

25 July 2012

Young African women risk HIV infections from older men Poverty drove single teenage mother Kate Mzungu to seek out a rich older man, who buys her food and pays for her housing in exchange for the pleasures of her young company.

25 July 2012

Olympics: London drafts in more soldiers for Games Britain has drafted in another 1,200 troops to plug a security gap at the London Olympics left by the failure of a private security firm to provide enough guards.

25 July 2012

Dissidents arrested at Paya funeral in Cuba Cuban police arrested dozens of dissidents Tuesday at the funeral of political activist Oswaldo Paya, after his daughter's vow to seek justice over his sudden death in a road accident.

25 July 2012

'Jeffersons' actor Hemsley dies at 74 Actor Sherman Hemsley, who rose to fame in the 1970s as the wise-cracking father in the hit sitcom "The Jeffersons," has died at the age of 74.

25 July 2012

Australian gas rush set to overhaul Qatar's lead Australia is set to become the world's biggest liquefied natural gas producer, with analysts predicting it will overtake Qatar by 2020 as it unlocks reserves that could last more than a century.

25 July 2012

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