Archive for June 25th, 2009
BTA’s ownership dispute with Ukrainian subsidiary heating up
(SRI) - The ownership dispute between Kazakhstan’s BTA Bank and its Ukrainian subsidiary is heating up, as BTA seeks to reverse a deal that reduced its stake in the Ukrainian lender from 49.99 percent to 9.99 percent.
Kazakhstan Daily News Roundup - June 25, 2009
HEADLINES:
BTA’s ownership dispute with Ukrainian subsidiary heating up
(SRI) - The ownership dispute between Kazakhstan’s BTA Bank and its Ukrainian subsidiary is heating up, as BTA seeks to reverse a deal that reduced its stake in the Ukrainian lender from 49.99 percent to 9.99 percent.
Kazatomprom arrests affecting business climate in Kazakhstan - Cameco boss
(SRI) - Kazakhstan’s handling of last month’s dismissal and arrest of the head of the state uranium company Kazatomprom has hurt the country’s business climate, the CEO of Canadian miner Cameco said.
Kazakh lawmakers back restrictive Internet law
(AP) - Kazakh lawmakers have approved Internet legislation that media rights activists say will limit freedom of speech in the Central Asian nation.
ENERGY:
Saipem to supply rigs for Kashagan drilling
(SRI) - Saipem, the Italian oil-services company, has won drilling contracts worth around $600 million for six onshore rigs in Kazakhstan, Congo and Algeria.
Cameco sees uranium ‘fluctuating’ on stockpiling, Kazakh events (Bloomberg)
Uranium One says ARMZ, Japan group may each raise stakes to 20 percent (Bloomberg)
BUSINESS AND ECONOMY:
EBRD seeks Abu Dhabi investment to fund China link - Bloomberg
(SRI) - Eurasian Natural Resources Corp. (ENRC), the LSE-listed Kazakh industrial group, is seeking investment backing from Abu Dhabi to fund projects including a $910-million railway to connect its plants to China.
Halyk reports 59-percent fall in net income in Q1 (SRI)
National Bank of Kazakhstan: Exchange rates June 25, 2009 (Kazinform)
POLITICS:
Russian and Kazakh presidents discuss schedule of high-level talks (Interfax)
SOCIETY:
Rights group urging improvements, as OSCE chairmanship looms (EurasiaNet)
Opposition and NGO concerned with freedom of speech restrictions in Kazakhstan (Interfax)
REGIONAL:
U.S., EU reject Russian accusations over WTO bid (Reuters)
US chooses expediency over rights in Central Asia (AFP)
Kyrgyzstan agreed U.S. base deal with Russia-source (Reuters)
Kazakhstan Politics Roundup - June 25, 2009
Russian and Kazakh presidents discuss schedule of high-level talks (Interfax)
Kazakhstan Business and Economy Roundup - June 25, 2009
EBRD seeks Abu Dhabi investment to fund China link - Bloomberg (SRI)
Halyk reports 59-percent fall in net income in Q1 (SRI)
National Bank of Kazakhstan: Exchange rates June 25, 2009 (Kazinform)
Kazakhstan Society Roundup - June 25, 2009
Rights group urging improvements, as OSCE chairmanship looms (EurasiaNet)
Opposition and NGO concerned with freedom of speech restrictions in Kazakhstan (Interfax)
Kazakhstan Regional News Roundup - June 25, 2009
U.S., EU reject Russian accusations over WTO bid (Reuters)
US chooses expediency over rights in Central Asia (AFP)
Kyrgyzstan agreed U.S. base deal with Russia-source (Reuters)
U.S., EU reject Russian accusations over WTO bid
(Reuters) - The United States and the European Union rejected on Wednesday Russian accusations that Washington and Brussels were to blame for the collapse of Moscow’s unilateral bid to join the World Trade Organization.
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US chooses expediency over rights in Central Asia
(AFP) - The United States has put stabilizing Afghanistan before human rights in Central Asia by forging transit deals with authoritarian regimes accused of rights abuses, analysts said Wednesday.
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Kyrgyzstan agreed U.S. base deal with Russia-source
(Reuters) - A Kyrgyzstan deal with the United States to keep open a U.S. air base in Central Asia was agreed with Russia, a Kremlin source said on Thursday, but a newspaper report said Moscow had been thrown off balance by the move.
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Tajiks arrest alleged Islamic group members
(AP) - Tajikistan said Wednesday that the alleged leader of a banned Islamic movement and dozens of followers have been arrested on charges of inciting religious hatred.
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