Uzbekistan

OPINION: Afghanistan’s neighbours recast refugee finance formula

Gary Kleiman of Kleiman Intl Consultants Inc October 16, 2021

Neighbouring markets could be tapped as part of the global refugee fundraising effort, and bridge the tens of billions of dollars annual gap in UN appeals.

Efforts to deploy US counterterrorism forces in Uzbekistan may not be over

Muzaffar Ismailov in Tashkent & Will Conroy in Prague October 16, 2021

Tashkent holds firmly to ‘No’ but Putin underlines difficulty of Afghanistan situation by saying intelligence indicates 2,000 Islamic State members may be present in north of country alone.

Uzbekistan rights ombudswoman says she is on top of Karimova case

Eurasianet October 14, 2021

The government-appointee is monitoring the case of Gulnara Karimova, the jailed daughter of the late former president, but that may not be enough to assuage concerns.

Uzbekistan’s economy bouncing back strongly, World Bank ups 2021 GDP forecast to 6.2%

Ben Aris in Berlin October 13, 2021

As one of only two major economies in the world to avoid recession last year, the Uzbek economy is recovering robustly from the coronacrisis crisis. The World Bank has increased the growth forecast to 6.2% for this year.

Turkmenistan: YouCensorship

Akhal-Teke: Eurasianet October 13, 2021

Eurasianet’s weekly Turkmenistan briefing: Berdimuhamedov goes travelling and lectures the WHO, while YouTube bows to Turkmen censors and takes down Eurasianet’s channel.

Fitch: Uzbek banking sector faces increasing asset quality risks

Ben Aris in Berlin October 10, 2021

The Uzbek banking sector faces increasing asset quality risks due to rapid lending growth, high balance sheet dollarisation and an increased reliance on external funding, Fitch Ratings said in a report released on October 8.

Reports warn Tajik militant group in Afghanistan may be poised to attack Tajikistan

bne IntelIiNews October 8, 2021

Russian media say group may be beyond Taliban’s control. Moscow says Russia stands ready to protect its ally from any incursion.

CENTRAL ASIA BLOG: Uzbeks wonder why they’re suffering neverending gasoline price hikes

bne IntelIiNews October 7, 2021

Rather than pay steep prices, many motorists in Uzbekistan hook up dangerous gas cylinders to their vehicles to access cheaper fuel. The “liberalised market” is not working for them.

AFC CAPITAL: Uzbekistan’s capital markets entering Phase II

Scott Osheroff October 6, 2021

Phase I re-rating has seen listed equities go from “never should have been so cheap” to now value-oriented and buttressed by strong profit growth profiles.

bneGREEN: SEB puts $4 trillion annual price tag on net zero

By Richard Lockhart in Edinburgh October 1, 2021

SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy transition if the world is to reach net zero by 2050.

Kremlin responds to opposing troops building up on Tajikistan-Afghanistan border

bne IntelIiNews October 1, 2021

It meanwhile emerges that US is in talks on using Central Asian bases for over-the-horizon counter-terrorism operations in Taliban-controlled nation.

Taliban and Tajikistan engage in sabre-rattling

Eurasianet October 1, 2021

Dushanbe has irked the Taliban by offering a haven to its foes.

Tashkent conference aims to lure new investors

Muzaffar Ismailov in Tashkent September 30, 2021

Uzbekistan showcased its reform progress at an international investment summit in Tashkent. The government has already sold off a Coca-Cola bottling business and one large bank. It plans at least two more IPOs of state-owned companies this year.

Uranium: what the explosion in prices means for the nuclear industry

Edward Thomas Jones & Danial Hemmings, & Simon Middleburgh September 28, 2021

The primary fuel for nuclear plants was sliding for much of the 2010s, with no signs of a major turnaround. Yet since mid-August, prices have surged by around 60% as investors and speculators scramble to snap up the commodity.

bneGREEN: Green Deal, CBAM poses high risks to poorer African, Eastern European countries

Richard Lockhart in Edinburgh September 23, 2021

The EU’s Green Deal and Carbon Border Adjustment Mechanism will hit the EU’s trading partners in Africa and non-EU Eastern Europe particularly hard.

bneGREEN: Greenwashing: regulators flex muscles as the market remains in flux

Richard Lockhart in Edinburgh September 22, 2021

Defining a green investment is crucial to boosting the expansion of renewable energy and preventing the mis-selling of investments by so-called greenwashing, whereby the environmental impact of a product is misrepresented.

SCO leaders tell West to bite bullet and hand billions to Taliban

bne IntelIiNews September 18, 2021

With Afghanistan on brink of humanitarian and economic hell, it might be that only access to capital frozen abroad can stop the country becoming an incurable narco-state that is a hive of terrorism.

Iran cements ties with East as it becomes full member of SCO

bne IntelIiNews September 17, 2021

“The world has entered a new era,” says Iranian president. “Hegemony and unilateralism are failing. The international balance is moving toward multilateralism and redistribution of power to the benefit of independent countries.”

bneGREEN: Global coal plans collapse by 76%

By Richard Lockhart in Edinburgh September 16, 2021

The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.

Tens of millions of wealth fund dollars have ‘flowed to corporation linked to relative of Uzbekistan’s Mirziyoyev’

bne IntelIiNews September 16, 2021

Media investigation raises curtain on Orient Group, founded by brother of president's son in-law.

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