Archive for February 15th, 2008
News Roundup - February 15, 2008
Sorry for the delay in bringing the daily new roundup yesterday and today. There were some connectivity issues but they should be fixed now. There will be more headlines later today.
Financial Times: Kazakhstan to take back resources
Kazakhstan will this year nationalise all natural resource projects where investors have breached contracts, Karim Massimov, prime minister, said on Thursday. Mr Massimov also said no new natural resource contracts would be negotiated until a new tax code enabling the government to squeeze more revenues out of oil and gas investors was finalised this autumn…
Hemscott: Kazakhstan to review investors’ contracts this year says PM
Resource-rich Kazakhstan will this year retake control of all natural resources where investors are found in breach of their obligations, Kazakh Prime Minister Karim Masimov said…
Reuters: Kazakhstan copper output down 12.9 pct in 2007
Kazakhstan’s refined copper output fell 12.9 percent year-on-year to 29,489 tonnes in January 2007, the state statistics agency said on Wednesday…
Reuters: Kazakh TuranAlem sees slower profit, asset growth
TuranAlem, Kazakhstan’s second-largest bank, said on Wednesday its growth would slow down significantly this year in the aftermath of the global liquidity squeeze…
On February 13, 2006, the bullet-ridden body of Altynbek Sarsenbaev, a leading Kazakh opposition figure, was found on the outskirts of Almaty. The investigation into his killing touched the highest echelons of power in Kazakhstan…
Kazinform: Kazakhstan to reform financial sector: Kazakh PM
“Issues of structural reforms in the financial sector and increase of its regulation efficiency are on the agenda”, Kazakh Prime Minister Karim Massimov has said at the extended session of the Government today…
Kazinform: Next round of bilateral talks with US on Kazakhstan’s WTO accession to take place March
“Next round of bilateral talks with the US on Kazakhstan’s accession to the World Trade Organization (WTO) will be held in March.”…
TREND: Three-year budget planning is conducted in Kazakhstan: Kazakhstani minister
The key priority of the Ministry of Economy and Budget Planning of Kazakhstan, is the reforms in the system of program planning, Bakit Sultanov, the minister of economy and budget planning of Kazakhstan said during his speech in a meeting held in the Ministry…
Eurasia Daily Monitor: Oil handling capacities growing and available on Georgia’s Black Sea coast
Continuing development of oil terminals on Georgia’s Black Sea coast opens real possibilities for exporting oil from Kazakhstan on the shortest route, directly to European Union territory by sea tankers…
Globe and Mail: U.S. on the offensive in bid to secure energy supplies
The U.S. is launching a diplomatic offensive to meet the growing threat to its energy security from powerful and increasingly wealthy producers who are flexing their new geopolitical muscles…
