HEADLINES:
Russia challenges dollar, China offers loans
(AP) - China and Russia sought greater international clout at a summit Tuesday, with China promising a $10 billion loan to Central Asian countries, while Russia challenged the dominance of the U.S. dollar as a global reserve currency.
MINERAL RESOURCES:
Frontier’s Benkala JV to connect power to site and start building infrastructure (Proactive Investors)
BUSINESS AND ECONOMY:
Fitch affirms DBK and ATF Bank (Fitch)
Statement by IMF Managing Director Strauss-Kahn at the conclusion of his visit to Kazakhstan (IMF)
National Fund posts negative return in 2008 (Interfax)
Kazakhstan to supply wheat and fuel oil to Kyrgyzstan (Kazinform)
National Bank of Kazakhstan: Exchange rates June 17, 2009 (Kazinform)
POLITICS:
Kazakhstan, Kyrgyzstan PMs meet in Astana (Kazinform)
SOCIETY:
Top court rules Kazakh Vinokourov ineligible for Tour (AP)
REGIONAL:
Frontier’s Benkala JV to connect power to site and start building infrastructure (Proactive Investors)
Fitch affirms DBK and ATF Bank (Fitch)
Statement by IMF Managing Director Strauss-Kahn at the conclusion of his visit to Kazakhstan (IMF)
National Fund posts negative return in 2008 (Interfax)
Kazakhstan to supply wheat and fuel oil to Kyrgyzstan (Kazinform)
National Bank of Kazakhstan: Exchange rates June 17, 2009 (Kazinform)
(Fitch Ratings) - Fitch Ratings has today affirmed the Development Bank of Kazakhstan’s (DBK) and ATF Bank’s (ATF) Long-term foreign currency Issuer Default Ratings (IDRs) at ‘BBB-’ and ‘BBB’, respectively.
(AP) - Star cyclist Alexandre Vinokourov has been banned from next month’s Tour de France.
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(AFP) - Leaders from the world’s leading emerging powers meet Tuesday to show their unity amid the economic crisis and coordinate strategy for increasing their influence.
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(AP) - China and Russia sought greater international clout at a summit Tuesday, with China promising a $10 billion loan to Central Asian countries, while Russia challenged the dominance of the U.S. dollar as a global reserve currency.
(more…)