Archive for June 19th, 2009

Kazakhstan Daily News Roundup - June 19, 2009

HEADLINES:

Auction sets Alliance debt value at 16.75 cents on the dollar
(SRI) - An auction to settle credit-default swaps (CDS) linked to debt of Alliance Bank set the final recovery of the bank’s foreign bonds at 16.75 cents on the dollar.

Kazakhstan considering cap on banks’ foreign debt
(SRI) - Kazakhstan is considering capping its banks’ international borrowing levels at around 30 percent of liabilities.

Nazarbayev sacks defense minister
(SRI) - Kazakhstan’s president Nursultan Nazarbayev has dismissed the country’s defense minister Daniyal Akhmetov amid a sweeping anti-corruption drive that has seen a number of political and business leaders fired or arrested.

ENERGY:

Oil junior Roxi secures another $5 million (SRI)

Giffen Watch: Former Kazakhstan consultant cannot examine CIA documents (The Oil and the Glory)

BUSINESS AND ECONOMY:

Auction sets Alliance debt value at 16.75 cents on the dollar (SRI)

Kazakhstan considering cap on banks’ foreign debt (SRI)

National Bank of Kazakhstan: Exchange rates June 19, 2009 (Kazinform)

POLITICS:

Kazakhstan’s purge - The knock on the door (The Economict)

Astana steps closer to military alliance with Moscow (Eurasia Daily Monitor)

Kazakhstan poised to step into the OSCE’s chairmanship (Eurasia Daily Monitor)

SOCIETY:

Armstrong’s Astana team solves financial woes (AP)

Kazakhstan remembers horror of Soviet A-bomb tests (Reuters)

Kazakhstan Business and Economy Roundup - June 19, 2009

Auction sets Alliance debt value at 16.75 cents on the dollar (SRI)

Kazakhstan considering cap on banks’ foreign debt (SRI)

National Bank of Kazakhstan: Exchange rates June 19, 2009 (Kazinform)

Kazakhstan Politics Roundup - June 19, 2009

Nazarbayev sacks defense minister (SRI)

Kazakhstan’s purge - The knock on the door (The Economict)

Astana steps closer to military alliance with Moscow (Eurasia Daily Monitor)

Kazakhstan poised to step into the OSCE’s chairmanship (Eurasia Daily Monitor)

Kazakhstan Energy Roundup - June 19, 2009

Oil junior Roxi secures another $5 million (SRI)

Giffen Watch: Former Kazakhstan consultant cannot examine CIA documents (The Oil and the Glory)

Kazakhstan Society Roundup - June 19, 2009

Armstrong’s Astana team solves financial woes (AP)

Kazakhstan remembers horror of Soviet A-bomb tests (Reuters)

Armstrong’s Astana team solves financial woes

(AP) - Lance Armstrong’s Astana team appears ready to participate in the Tour de France after reaching an agreement with its Kazakh backers to solve financial problems that have plagued the team this year.
(more…)

Kazakhstan considering cap on banks’ foreign debt

(SRI) - Kazakhstan is considering capping its banks’ international borrowing levels at around 30 percent of liabilities, the central bank chairman Grigoriy Marchenko told Reuters on Thursday.

(more…)

Visor research team ranked number one in Kazakhstan - Thomson Extel

(SRI) - Visor Capital, Kazkahstan’s premier investment bank, has been awarded the first place in the Kazakhstan category in 2009 Thomson Extel’s “European Emerging Markets Research” survey, KASE reported.

(more…)

Kazkommertsbank to hold EGM in July

(SRI) - Kazkommertsbank, Kazkahstan’s second largest bank, will hold an Extraordinary General Meeting (EGM) on July 21, 2009, the bank said in a statement.

(more…)

Nazarbayev sacks defense minister

(SRI) - Kazakhstan’s president Nursultan Nazarbayev has dismissed the country’s defense minister Daniyal Akhmetov amid a sweeping anti-corruption drive that has seen a number of political and business leaders fired or arrested.

(more…)

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