Archive for October 1st, 2008
Kazakhstan Daily News Roundup - October 1, 2008
ENERGY:
Almaty to host 16th int’l expo “Oil and gas” – KIOGE-2008 (Kazinform)
Alhambra Resources Ltd. - Kemerkol oil and natural gas subsoil license dispute (CNW - Yahoo! Finance)
Kazakhstan should keep oil price forecast at 60 dollars per barrel: Prime Minister (Kazinform)
MINERAL RESOURCES:
Polyus Gold board backs KazakhGold acqusition
(SRI) - Onexim Group, a major shareholder in Polyus Gold owned by Russian billionaire Mikhail Prokhorov, said Tuesday that the gold miner’s board approved the acquisition of a controlling stake in Kazakhstan’s KazakhGold.
Frontier Mining slips into loss in H1
(Thomson Financial - Hemscott) - Frontier Mining Ltd., the mining company with gold and copper properties in Kazakhstan, slipped to a pretax loss of $43,036 in the first half of 2008 from a profit of $1.3 million a year earlier.
BUSINESS AND ECONOMY:
Kazakh bank debt insurence reached record levels
(SRI) - The cost of of credit default swaps (CDS), used to insure debt, for Kazakh banks rose to record levels on Tuesday, reflecting investor perceptions of a high default risk.
AIG Kazakhstan rebuffs Eurasia’s offer
(SRI) - AIG Kazakhstan, a subsidiary of the troubled American International Group (AIG), said it was not for sale in response to an offer from Eurasia Insurance.
Prime Minster seeks tougher state regulation of domestic economy
(Interfax) - Kazakh Prime Minister Karim Masimov announced plans to enhance a regulating role of the government in the domestic economy.
Kazakh government is not going to borrow monies or issue state securities
(Interfax) - The Kazakh government is not planning in the near future to borrow monies on the international markets or issue state securities to avoid increasing the national debt, Kazakh Prime Minister Karim Masimov said on Tuesday.
Kazakh government eager to keep inflation ratio at 10 percent, PM says (TREND)
Kazakhstan not threatened by credit crunch, but domestic inflation - PM (Interfax)
National Bank of Kazakhstan: Exchange rates October 1, 2008 (Kazinform)
Indicators - September 30, 2008 (Reuters)
POLITICS:
Kazakhstan offers Medvedev support
(Eurasia Daily Monitor) - During a meeting with Russian President Dmitry Medvedev in Aktobe, Kazakhstan, on September 22, Kazakh President Nursultan Nazarbayev offered his support to Russia with regard to the conflict in Georgia.
Kazakhstan falls short of OSCE commitments
(Freedom House) - A new report from Freedom House finds that Kazakhstan has not made progress toward meeting international standards for democracy and rule of law.
Kazakhstan: the perfect partner?
(Guardian) - OSCE needs to lift its profile in the Caucasus-Caspian region. Kazakhstan could help.
Russia, Kazakhstan to conduct joint war games on Oct. 3 (RIA Novosti)
Kazakh FM holds meetings with US Sec of State and Turkmen FM in New York (Kazinform)
SOCIETY:
Astana strives to overhaul the education system
(EurasiaNet) - In connection with President Nursultan Nazarbayev’s desire to turn Kazakhstan into one of the world’s 50 most competitive economies, officials want to make rapid progress in raising education standards.
REGIONAL:
The Caucasus, SCO, CSTO, energy and the new multipolarity
(GlobalResearch.ca) - The Shanghai Cooperation Organization (SCO) has conformed to the Russian view that the conflict in South Ossetia is tantamount to shaking, if not entirely changing, the global balance of power that has orbited around US supremacy since the end of the Cold War.
Kazakhstan Regional News Roundup - October 1, 2008
The Caucasus, SCO, CSTO, energy and the new multipolarity
(GlobalResearch.ca) - The Shanghai Cooperation Organization (SCO) has conformed to the Russian view that the conflict in South Ossetia is tantamount to shaking, if not entirely changing, the global balance of power that has orbited around US supremacy since the end of the Cold War.
Kazkahstan Society Roundup - October 1, 2008
Astana strives to overhaul the education system
(EurasiaNet) - In connection with President Nursultan Nazarbayev’s desire to turn Kazakhstan into one of the world’s 50 most competitive economies, officials want to make rapid progress in raising education standards.
Kazakhstan Politics Roundup - October 1, 2008
Kazakhstan offers Medvedev support
(Eurasia Daily Monitor) - During a meeting with Russian President Dmitry Medvedev in Aktobe, Kazakhstan, on September 22, Kazakh President Nursultan Nazarbayev offered his support to Russia with regard to the conflict in Georgia.
Kazakhstan falls short of OSCE commitments
(Freedom House) - A new report from Freedom House finds that Kazakhstan has not made progress toward meeting international standards for democracy and rule of law.
Kazakhstan: the perfect partner?
(Guardian) - OSCE needs to lift its profile in the Caucasus-Caspian region. Kazakhstan could help.
Russia, Kazakhstan to conduct joint war games on Oct. 3 (RIA Novosti)
Kazakh FM holds meetings with US Sec of State and Turkmen FM in New York (Kazinform)
Kazakhstan Business and Economy Roundup - October 1, 2008
Kazakh bank debt insurence reached record levels
(SRI) - The cost of of credit default swaps (CDS), used to insure debt, for Kazakh banks rose to record levels on Tuesday, reflecting investor perceptions of a high default risk.
AIG Kazakhstan rebuffs Eurasia’s offer
(SRI) - AIG Kazakhstan, a subsidiary of the troubled American International Group (AIG), said it was not for sale in response to an offer from Eurasia Insurance.
Prime Minster seeks tougher state regulation of domestic economy
(Interfax) - Kazakh Prime Minister Karim Masimov announced plans to enhance a regulating role of the government in the domestic economy.
Kazakh government is not going to borrow monies or issue state securities
(Interfax) - The Kazakh government is not planning in the near future to borrow monies on the international markets or issue state securities to avoid increasing the national debt, Kazakh Prime Minister Karim Masimov said on Tuesday.
Kazakh government eager to keep inflation ratio at 10 percent, PM says (TREND)
Kazakhstan not threatened by credit crunch, but domestic inflation - PM (Interfax)
National Bank of Kazakhstan: Exchange rates October 1, 2008 (Kazinform)
Indicators - September 30, 2008 (Reuters)
Kazakhstan Mineral Resources Roundup - October 1, 2008
Polyus Gold board backs KazakhGold acqusition
(SRI) - Onexim Group, a major shareholder in Polyus Gold owned by Russian billionaire Mikhail Prokhorov, said Tuesday that the gold miner’s board approved the acquisition of a controlling stake in Kazakhstan’s KazakhGold.
Frontier Mining slips into loss in H1
(Thomson Financial - Hemscott) - Frontier Mining Ltd., the mining company with gold and copper properties in Kazakhstan, slipped to a pretax loss of $43,036 in the first half of 2008 from a profit of $1.3 million a year earlier.
Kazakhstan Energy Roundup - October 1, 2008
Almaty to host 16th int’l expo “Oil and gas” – KIOGE-2008 (Kazinform)
Alhambra Resources Ltd. - Kemerkol oil and natural gas subsoil license dispute (CNW - Yahoo! Finance)
Kazakhstan should keep oil price forecast at 60 dollars per barrel: Prime Minister (Kazinform)
Kazakh bank debt insurance reached record levels
(SRI) - The cost of of credit default swaps (CDS), used to insure debt, for Kazakh banks rose to record levels on Tuesday, reflecting investor perceptions of a high default risk, Reuters reported.
AIG Kazakhstan rebuffs Eurasia’s offer
(SRI) - AIG Kazakhstan, a subsidiary of the troubled American International Group (AIG), said it was not for sale in response to an offer from Eurasia Insurance.
Polyus Gold board backs KazakhGold acqusition
(SRI) - Onexim Group, a major shareholder in Polyus Gold owned by Russian billionaire Mikhail Prokhorov, said Tuesday that the gold miner’s board approved the acquisition of a controlling stake in Kazakhstan’s KazakhGold.
