Archive for October 30th, 2007
News Roundup - October 30, 2007
Eurasia Daily Monitor: Kazakh Court Decision Against Chevron Carries Political Implications
The unprecedented tough line taken by the Kazakh government in its row with the Italian Agip consortium may set an ominous precedent for prolonged confrontations with other Western companies. In a second challenge to Western investment, the district court in Atyrau region recently upheld the charges against Tengiz-Chevron submitted by the regional office of Kazakhstan’s Environmental Protection Agency…
Reuters: S&P Release on Kazakhstan GRE Ratings
Standard & Poor’s Ratings Services today announced that it had affirmed the ratings on several Kazakhstan-based government-related entities (GREs). All ratings were also removed from CreditWatch with negative implications, where they had been placed on Oct. 3, 2007…
CNN Money: Various Kazakh Government-Related Entities Affirmed and Taken Off Watch - S&P
Standard & Poor’s Ratings Services said it affirmed the ratings on several Kazakhstan-based government-related entities following a review of their links with Kazakhstan…
Forbes: Bank Austria Creditanstalt to Become Sole Shareholder in Kazakhstan’s ATF Bank
Bank Austria Creditanstalt (BA-CA), a unit of the UniCredit SpA banking conglomerate, will become the sole owner of Kazakhstan’s ATF Bank before the end of 2007, Interfax reported citing ATF Bank chief executive Timur Isatayev…
RIA Novosti: Russia Says Energy Ties with Kazakhstan not Politically Driven
Bilateral energy cooperation between Russia and Kazakhstan is not politically driven, but guided by economic factors, Russia’s foreign minister said on Monday…
The Associated Press: Russia Test Launches Older Missile
Russia test-launched an older intercontinental ballistic missile from the Baikonur station in Kazakhstan on Monday, the strategic rocket forces said…
EurasiaNet Insight: EU Energy Commissioner Expresses Concern over Recent Kazakh Law
European Union Energy Commissioner Andris Piebalgs on October 28 expressed concern over a recent Kazakh law on energy and resources, saying that the European Commission is “studying” the possible impact of the law on the liberalization of the country’s energy sector, according to Interfax-Kazakhstan…
The International Monetary Fund (IMF) today released the October 2007 Regional Economic Outlook: Middle East and Central Asia (REO)…
