Kazakhstan Daily News Roundup - June 2, 2009

HEADLINES:

Kazakhstan’s uranium ’stolen’ by ex-official
(AFP) - The recently imprisoned former head of Kazakhstan’s state nuclear power agency stole the majority of the Central Asian nation’s uranium deposits, security officials alleged on Monday.

Kazatomprom corruption probe engulfs head, Canada’s Uranium One (bne)

GE wins $500 million service contract in Kazakhstan
(SRI) - General Electric (GE) signed a 15-year contract worth about $500 million to service locomotives owned by Kazakhstan TemirZholy, the state-owned railway, GE announced on Friday.

ENERGY:

Kazatomprom capable of retaining its positions – head of the national nuclear center (Interfax)

Kazakhstan plans to build fourth-generation nuclear reactor, invites Russia to participate (Interfax)

It is not feasible for Kazakhstan to build a nuclear power plant in Aktau – National Nuclear Center head (Interfax)

MINERAL RESOURCES:

ArcelorMittal Temirtau reaches deal with workers
(SRI) - ArcelorMittal Temirtau, the Kazakh unit of the global steel producer, reached a deal with its workers to avoid layoffs or shutdowns by introducing three-month pay cuts.

BUSINESS AND ECONOMY:

Inflation slows further in May
(SRI) - Consumer prices in Kazakhstan rose 0.7 percent in May, as growth in prices of food and services slowed, and the annual rate fell to 8.4 percent from 8.8 percent the previous month.

BTA Bank to increase provisions (Interfax)

National Bank of Kazakhstan: Exchange rates June 2, 2009 (Kazinform)

SOCIETY:

Free speech the prize in Kazakh ‘blogistan’ battle (Financial Times)

Traditional Tatar holiday marked in Kazakh city (RFE/RL)

Kazakhstan Business and Economy Roundup - June 2, 2009

Inflation slows further in May (SRI)

GE wins $500 million service contract in Kazakhstan (SRI)

BTA Bank to increase provisions (Interfax)

National Bank of Kazakhstan: Exchange rates June 2, 2009 (Kazinform)

Kazakhstan Energy Roundup - June 2, 2009

Kazakhstan’s uranium ’stolen’ by ex-official (AFP)

Kazatomprom capable of retaining its positions – head of the national nuclear center (Interfax)

Kazakhstan plans to build fourth-generation nuclear reactor, invites Russia to participate (Interfax)

It is not feasible for Kazakhstan to build a nuclear power plant in Aktau – National Nuclear Center head (Interfax)

Kazakhstan Mineral Resources Roundup - June 2, 2009

ArcelorMittal Temirtau reaches deal with workers (SRI)

Kazakhstan Society Roundup - June 2, 2009

Free speech the prize in Kazakh ‘blogistan’ battle (Financial Times)

Traditional Tatar holiday marked in Kazakh city (RFE/RL)

Inflation slows further in May

(SRI) - Consumer prices in Kazakhstan rose 0.7 percent in May, as growth in prices of food and services slowed, and the annual rate fell to 8.4 percent from 8.8 percent the previous month, the Astana-based state statistics office reported.

(more…)

ArcelorMittal Temirtau reaches deal with workers

(SRI) - ArcelorMittal Temirtau, the Kazakh unit of the global steel producer, reached a deal with its workers to avoid layoffs or shutdowns by introducing three-month pay cuts, the company said on Monday.

(more…)

GE wins $500 million service contract in Kazakhstan

(SRI) - General Electric (GE) signed a 15-year contract worth about $500 million to service locomotives owned by Kazakhstan TemirZholy, the state-owned railway, GE announced on Friday.

(more…)

Kazakhstan’s uranium ’stolen’ by ex-official

(AFP) - The recently imprisoned former head of Kazakhstan’s state nuclear power agency stole the majority of the Central Asian nation’s uranium deposits, security officials alleged on Monday.
(more…)