news roundup

News Roundup - April 4, 2008

Reuters: Kazakhstan urges ArcelorMittal to improve safety

Kazakhstan’s authorities urged ArcelorMittal on Thursday to improve safety standards at its Kazakh facilities or risk having its activities terminated…

Reuters: Kazakh bank Caspian borrows $100 mln from IFC

Bank Caspian, Kazakhstan’s number eight, borrowed $100 million from the International Financial Corporation (IFC), the private sector arm of the World Bank, Caspian said on Wednesday…

Mineweb: Central Asia announces maiden resource for Kazakhstan gold project

Australian resources company Central Asia Resources Limited is pleased to announce a maiden Inferred Resource for the Altyntas gold prospect in Kazakhstan…

Radio Free Europe / Radio Liberty: Kazakhstan: Shots fired at offices of independent newspaper

Kazakh police are investigating who fired three shots through the windows of the independent newspaper “Taszharghan” (Stonebreaker) in Almaty…

Kazinform: Bush names envoy to Kazakhstan

U.S. President George W. Bush nominates Richard Hoagland to become the U.S. ambassador to Kazakhstan, the White House said in a statement on Wednesday…

Kazinform: azakhstan’s WTO bid must wait as EU seeks `stronger response’

Kazakhstan will have to wait until next year to join the World Trade Organization because the former Soviet republic has yet to resolve differences with trade partners including the European Union…

Kazinform: Perspective metallurgic projects discussed in Kazakhstan Development Bank

9 perspective projects in metallurgy industry worth USD 855.1mln with possible participation of the bank to the amount of USD 405.1mln are under consideration now in the Development Bank of Kazakhstan, Kazinform reports…

Gazeta.KZ: President of “Kazakhstan Temir Zholy” detained on bribing charge in sum of USD100 thousand

Zhaksybek Kulekeyev, president of National Company “Kazakhstan Temir Zholy,” (KTZ) is detained on suspicion of bribing in sum of USD100 thiousand…

Gazeta.KZ: Kazakhstan and China will be connected with seven new transport routes

On the results of four days negotiations of the transportation bodies delegations of China and Kazakhstan in Urumchi reached agreement on opening of seven direct passenger and freight automobile routes in 2008, People’s Daily reports…

Interfax: Kazakhstan introduces new listing procedure for KASE and RFCA starting June 1

Starting June 1 Kazakhstan is going to introduce new listing procedure for Kazakhstan Stock Exchange (KASE) and the Regional Financial Center of Almaty (RFCA)…

Interfax: Stratification in Kazakh society hinders democratic development – Kazakh Institute of Strategic Research

The democratic reforms in Kazakhstan have now slowed down as a result of social stratification in the society, says Bulat Sultanov, the director of the Kazakh President’s Institute of Strategic Research…

HULIQ: Russians are leaving Kazakhstan in mass departure

6 out of 10 of Russian-speaking people in Kazakhstan want to leave “the most economically developed and rich country of Central Asia…

Registan.net: Central Asia’s looming water wars

Fans of Thomas Homer-Dixon know the story—way back in 1992, he was one of the early voices raising serious concern about conflicts arising from resource competition…

AP: Olympic torch passes through Kazakhstan

The president of Kazakhstan ran with the Olympic flame Wednesday in a tightly guarded ceremony that he praised as a display of his country’s tight relationship with China, the host of the Summer Games…

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