Kazakhstan

Kazakhstan: Sanctions likely behind fresh delay at new Baikonur launchpad

Eurasianet June 29, 2022

Russian space chief Dmitri Rogozin has indicated that developers of a craft being designed for the pad will have to work around sanctions.

Death of China-to-Russia cargo transit routes means it’s all aboard for Kazakhstan

Nizom Khodjayev in Almaty June 25, 2022

Vladimir Putin wants to reorientate Russian trade east and south. To some extent, such a strategy will be complicated by an avoid-Russia-at-all-costs mentality drawing commerce to a ‘Middle Corridor’.

bneGREEN: Coal investment remains major threat to green dream

Richard Lockhart in Edinburgh June 24, 2022

An 8% rise in global energy investment in 2022 to $2.4 trillion, driven by a 12% rise in clean energy spending, is still far from enough to tackle the energy crisis and to put the world on the path to a greener and more secure energy future.

CEE inflation spreading across whole region, set to last for years

Ben Aris in Berlin June 22, 2022

Inflation is being driven up by the food crisis and disrupted supply chains, first during the pandemic and now due to the war in Ukraine, leading to fears of stagflation for the whole world.

Book review | China’s “detached” power

Maximilian Hess for EurasiaNet June 21, 2022

A new book exposes the hollowness of many Western assumptions about China’s role in Central Asia.

Face to face with Putin, Kazakhstan’s president refuses to recognise Ukraine breakaway republics

Peter Baunov in Nur-Sultan June 20, 2022

Hours later, Moscow announces difficulties with Kazakh oil shipments. Some analysts, however, argue the Kremlin benefits from Nur-Sultan’s moves to avoid sanctions.

World hit by interest rate and inflation shock says IIF

Ben Aris in Berlin June 20, 2022

The world’s economy is being hit by an inflation and interest rate shock that shows no sign of abating, Institute of International Finance (IIF) said in a recent paper.

ASH: Welcome to the new age of inflation

Timothy Ash Senior Sovereign Strategist at BlueBay Asset Management in London June 17, 2022

The debate around inflation is centre-stage at present, with headline and PPI inflation soaring globally in response to a range of factors but including climate change/transition and Covid-related supply disruptions.

Tokayev tells Russian TV Kazakhstan won’t break Western sanctions

Peter Baunov in Almaty June 16, 2022

Also says some people in Russia “misrepresent whole situation” by claiming that during January unrest Moscow “saved” Kazakhstan with troop dispatch and now country must for ever “bow at feet” of Kremlin.

NEMETHY: The world continues to hurtle towards recession and potentially financial crisis

Les Nemethy June 14, 2022

There is a widespread feeling of ‘business as usual’. There is very little sense of impending doom. This confidence is misplaced.

bneGREEN: UN stresses green issues are key to reducing poverty and boosting sustainability

Richard Lockhart in Edinburgh June 11, 2022

Maintaining a healthy planet and ensuring prosperity for all requires a renewed emphasis on reducing environmental impact, sustainability and changing the way the current economic system works.

bneGREEN: Energy efficiency: a central pillar of meeting green targets

Richard Lockhart in Edinburgh June 9, 2022

Energy efficiency must play a central role in meeting the world’s emissions reduction and renewable energy targets.

Global red warning lights are flashing as stagflation looms

Ben Aris in Berlin June 9, 2022

The conflict in Ukraine and high inflation threaten the global economy with stagflation similar to that experienced in the 1970s, according to a new World Bank forecast.

China hectors Central Asia to steer clear of big power politics

Joanna Lillis for Eurasianet June 9, 2022

Foreign Minister Wang Yi used a visit to Central Asia to talk about the United States. But his counterparts wanted to talk business.

Kazakhs vote to confirm removal of Nazarbayev’s grip on power

Nizom Khodjayev in Nur-Sultan June 7, 2022

President Tokayev promotes referendum result as ending “super-presidential” rule. Some activists say it does nothing of the kind.

CENTRAL ASIA BLOG: No great enthusiasm but Kazakhs expected to vote ‘yes’ in constitutional referendum

Nizom Khodjayev in Nur-Sultan June 3, 2022

Vote set to strip former leader Nursultan Nazarbayev of sweeping powers he held on to, while it will also open way to emergence of new political parties.

Kazakh manufacturing sector PMI registers growth following period of disruption due to Ukraine war

bne IntelIiNews June 2, 2022

The Kazakh manufacturing sector signalled a return to growth in May following a period of disruption caused by the outbreak of war in Ukraine and subsequent imposition of sanctions on Russia, according to the latest purchasing managers' index

Turkmenistan: Colt of personality

Akhal-Teke: Eurasianet bulletin May 30, 2022

Doing business with Russia and Kazakhstan, reopening borders, and honouring the former president’s favourite horse. This and more in Eurasianet’s weekly Turkmenistan briefing.

CEE companies weather the COVID-19 crisis

Robert Anderson in Prague May 23, 2022

Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.

Amid sanctions, Kazakh firm stops supplying Russian steelworks

Joanna Lillis for Eurasianet May 19, 2022

Kazakh companies are treading carefully doing business with Russia.

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