Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – May 4, 2011 0

Posted on May 04, 2011 by KazCham

ENERGY:

CPC expansion, regardless of Bosporus bypass – KMG head (New Europe)

World Wide comments on Kazakhstan arbitration (Marketwire)

BUSINESS AND ECONOMY:

Kazakhstan tries to beef up exports
(bne) – Kazakhstan wants to take advantage of its proximity to the world’s largest beef importers. The country’s abundance of pastureland and history of nomadic herding is a good start, but investment in modern technologies and good breeding stock are going to be equally important.

Mittal rumored to buy KazStroyService
(SRI) – Lakshmi Mittal, the India-born billionaire, plans to buy a 35% stake in Kazakh engineering, procurement and construction firm KazStroyService, India’s Business Standard reported on Sunday.

A new Silk Road beckons from Central Asia, igniting dreams in Kazakhstan
(Washington Post) – A thousand years after the Silk Road began disappearing into the wind-blown steppe, the people of Kazakhstan are awaiting a modern, paved, high-speed version carrying 21st-century jewels such as jobs, indoor plumbing and connections to the global economy.

Kelimbetov to end stint on Sberbank’s supervisory board (SRI)

Kazakhstan to raise per capita income by 50% by 2016 – Nazarbayev (SRI)

Halyk posts biggest first-quarter profit among Kazakh lenders (Bloomberg)

Venus Airport Investments takes over Almaty airport (Interfax)

Kazakh president wants ‘road map’ for new international currency (RFE/RL)

Indicators – May 3, 2011 (Reuters)

POLITICS:

Obama, Kazakh leader talk ‘democratization’
(AFP) – President Barack Obama spoke with the Kazakh leader Saturday about the central Asian country’s need for “greater democratization,” the White House said in a statement.

Kazakhs ratifies agreement with US on air transit of supplies and troops (AP)

Two former top Kazakh judges detained for suspected corruption (RFE/RL)

SOCIETY:

Magnitude 5.4 earthquake hits Kazakhstan – USGS (Reuters)

SOURCE: http://silkroadintelligencer.com/2011/05/04/kazakhstan-daily-news-roundup-may-4-2011/

Kazakhstan Daily News Roundup – July 19, 2010 0

Posted on July 19, 2010 by KazCham

HEADLINES:

Kazakhstan opens criminal case against Tengizchevroil
(SRI) – Kazakhstan’s financial police said on Thursday it had opened a criminal case against Tengizchevroil (TCO), a Chevron-led joint venture, accusing it of illegally producing $1.4 billion worth of crude oil.

Oil consultant Giffen returns to court in delayed Kazakhstan bribery case
(Bloomberg) – Oil consultant Jim Giffen was told by a U.S. judge six months after his 2003 arrest in an international bribery scheme that he would go on trial in the fall of 2004. He’s still waiting.

Confusion surrounding Tristan Oil deal
(SRI) – Kazakhstan’s Oil and Gas Ministry said last week it had received an official letter from Cliffson Company Ltd informing the authorities that it intended to withdraw from the planned acquisition of Kazakhstan-focused oil company Tristan Oil.

ENERGY:

Kazakh leader says EU should do more on Nabucco (Reuters)

Uranium One recommends stake sale to Russia’s ARMZ (Reuters)

Central Asia pipeline brings 2 bcm of gas to China (Reuters)

OVL turns down Mittal offer to buy stake in Kazakh oil company (Economic Times)

Kazakhstan-based subsidiary of Rumania’s Petrom pays 59.8 ml tenge in fines for associated gas flaring above limits (Interfax)

BUSINESS AND ECONOMY:

Tobacco company makes changes after Kazakhstan child-labor report (AFP)

National Bank of Kazakhstan: Exchange rates July 17-19, 2010 (Kazakhstan Today)

METALS AND MINING:

Assaubayev family says Polyus is diverting attention from government probe (Bloomberg)

POLITICS:

Kazakhstan wins right to bring world’s leaders to Astana (Telegraph)

Astana fencing off Kyrgyzstan (EurasiaNet)

OSCE summitt must examine Astana’s poor rights record – press watchdog (EurasiaNet)

SOCIETY:

Kazakhstan to invest $50 million in Afghan education project (RIA Novosti)

On architecture: The big top comes to Kazakhstan (EurasiaNet)

REGIONAL:

U.S. says Kyrgyz must act now to stop more violence (Reuters)

Kyrgyzstan forms new government (AP)

Uzbeks tortured by Kyrgyz police – rights group (AP)

SOURCE: http://silkroadintelligencer.com/2010/07/19/kazakhstan-daily-news-roundup-july-19-2010/



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