News Roundup - October 24, 2007

The Wall Street Journal: Kazakhs Seek Bigger Slice

Foreign investors developing one of the world’s biggest oil fields could see their stakes in the venture whittled down as Kazakhstan pushes to expand the state oil company’s role in the project…

The Oil and the Glory: The Cheshire Grin in Kazakhstan

Talks under way between Kazakhstan and Big Oil are about much more than the nation’s unhappiness with the work on the world’s largest oilfield discovery of the last three decades…

The Oil and the Glory: The Wheels of Justice in New York

On Friday, a three-and-a-half-year-old question will hang again before Federal Judge William Pauley in New York: When will James Giffen’s foreign bribery trial commence…

Business Insurance: Best Affirms Eurasia’s Rating

Eurasia Insurance Co. JSC’s strong position in the expanding Kazakhstan insurance and reinsurance market has led A.M. Best Co. Inc. to affirm its B++ financial strength rating…

Gazeta.KZ: Gold and Currency Reserves of Kazakhstan Decreased by 1.4% in October

International reserves of Kazakhstan in the whole (in current prices) including National Fund assets (according to preliminary data, USD 18 754,2 million) decreased by 1,4% and amounted USD 36 595,2 million, as reported by KZ-today agency referring to RK National Bank information…

Inner City Press: At UN, Kazakh Ambassador Serves Cheney Film and Lamb, Stakes Claim as Diplomat

Kazakhstan is the ninth largest country by land mass, and now owns a spacious office on 47th Street in Manhattan for its mission to the UN. The space was dedicated on a month ago by President Nursultan Nazarbayev, an oil portrait of whom in centered on the wall of the mission’s reception room…

Interfax: HIV Toll among Children in Southern Kazakhstan Reaches 138 - Regional AIDSCenter

The number of HIV-positive children in the Southern Kazakhstan region has increased by one person to 138, Natalya Babina of the regional AIDS Center told Interfax-on Tuesday…

Interfax: Railcar Shortage Disrupts Coal Shipments in Kazakhstan

Coal companies in Kazakhstan cannot ship up to 30% of their output to customers due to a shortage of railcars at national railway Kazakhstan Temir Zholy, the president of the Producers and Exporters Union, Nikolai Radostovets said Monday…

Nine O’Clock: October 25 – The Day of the Republic of Kazakhstan

The Day of the Republic of Kazakhstan is a historical date, namely the instauration of the sovereignty of Kazakhstan. On October 25, 1990 the Supreme Council of the S.S.R Kazakhstan adopted the Declaration “About the state sovereignty of S.S.R. Kazakhstan,” which represented a turning point in the development of the country…