news roundup

Kazakhstan Daily News Roundup - October 27, 2009

HEADLINES:

Astana Finance plans to cut debt by $650 billion
(SRI) - Astana Finance plans to reduce its international debt by $650 million, in part by issuing new shares to give its creditors a majority stake in the lender.

Kazakhstan prepares for return of good old commercial banking
(bne) - Now that Kazakhstan’s economy is starting to revive, the country’s major banks are preparing for a resumption of growth in the sector - but a period of more cautious and conservative growth.

From ecological Soviet-era ruin, a sea is reborn
(AP) - From barren Central Asian steppes, a devastated sea is reborn - and along with it hope. The rescue of the Aral Sea has happened on Kazakhstan’s portion, and it is striking.

ENERGY:

Nazarbayev supports the Samsun-Ceyhan pipeline (Eurasia Daily Monitor)

BUSINESS AND ECONOMY:

Air Astana expects record profit thanks to early cuts (Air Traffic News)

Admission to WTO will expand Kazakhstan’s export potential - Ministry of Industry and Trade (Interfax)

Altyn engaged in illegal business in Turkey - investigators (Itar-Tass)

National Bank of Kazakhstan: Exchange rates October 27, 2009 (Kazinform)

POLITICS:

Two major opposition parties merge in Kazakhstan (Interfax)

Kazakhstan to promote OSCE common vision of security issues (Interfax)

Nazarbayev to pay working visit to United Arab Emirates (Kazakhstan Today)

SOCIETY:

Kazakhstan: economic paradoxes, sexism and the decline of science (Global Voices Online)

REGIONAL:

Turkmenistan completes section of gas line to China (Oil and Gas Journal)

Turkmen police arrest green activist - rights group (Reuters)

Top U.S. general holds talks with Tajikistan president (AFP)

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