Belarus tests new BUK missile system as a low-key arms race in Eastern Europe gathers momentum
CSTO states express serious concern over terrorist threat in Afghanistan
Armenia refuses to host Eurasian Economic Union summit
COMMENT: Trump 2.0 could be a blessing for Belarus
Russia sentences dual US-Russian citizen to 15 years on espionage charges
Sanctioned Russian cargo ship sinks in Mediterranean after explosion
Slovakia’s Fico in surprise visit to Putin in Moscow
Russian Muslims allowed to have four wives, religious council rules
Russia’s arms exports slump, Kremlin preparing for possible war with Nato
Ukraine invasion was ‘spontaneous’ and unplanned, Putin claims
Bulgaria’s interim PM Glavchev refuses to sign 10-year military support deal with Ukraine
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IMF: The 2004 EU enlargement was a success story built on deep reform efforts
Czech National Bank keeps interest rates at 4%
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Hungary grants political asylum to fugitive former PiS minister
Hungarian households have joint lowest consumption levels in EU
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Polish producer price deflation eases further in November
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Albania imposes one-year TikTok ban
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BALKAN BLOG: What Grenell’s return means for US diplomacy in the Balkans
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Croatian Bosqar Invest acquires bakery Mlinar in €100mn deal
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Kosovo's population down 12% since 2011
Kosovo’s president slams EU’s “unfair” treatment
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Bureks vs. Big Macs
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North Macedonia's central bank lowers key interest rate by 0.25 pp to 5.55%
North Macedonia’s ex-deputy PM Grubi reportedly flees to Kosovo to avoid detention in corruption case
Romania's ruling coalition survives elections
Romanian liberals orchestrated Georgescu campaign funding, investigation reveals
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Tens of thousands rally in Belgrade demanding accountability over Novi Sad railway station disaster
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PROFILE: Georgian President Salome Zourabichvili
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Russia sells stakes in Kazakhstan uranium JVs to China
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Tunisian President Kais Saied re-elected for second term
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PODCAST: Emerging Global's Mathew Cohen talks with Ruthie Blum
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Israel launches biggest strike in Yemen, killing 40 people
TEHRAN BLOG: Pezeshkian's dilemma over Haniyeh's assassination
Iranian foreign ministry condemns Haniyeh's assassination in Tehran
Reactions to the killing of Haniyeh in Tehran
Argentina announces ambitious nuclear programme linked to AI development
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Mexican cartel boss who created fearsome Zetas returns to face justice after US deportation
Paraguay stands firm with Taiwan amid growing Chinese pressure
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Bangladesh tribunal issues arrest warrant against ousted PM Sheikh Hasina
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Peru's APEC summit exposes trade tug-of-war between Beijing and Washington
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Russian exports of diamonds to Hong Kong up 18-fold in 5M24
Gazli Gas responds to reports on Uzbekistan project, refutes any suggestion sanctioned individuals are involved
Valuation questions raised over Blackstone's $2.1bn IPO of India’s International Gemmologist Institute
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BCPG to invest $945mn in power projects, prioritising clean energy
Malaysia’s industrial growth slows in October following mixed sector performance
Myanmar junta to allow observers for controversial 2025 election amid ongoing conflict
Nepal floods - death toll rises to 209
Kolkata hospital rape and murder case sparks international outcry, raises questions
South Asia hit by floods and landslides after heavy rainfall
Russian pivot to the Global South includes unscrupulous army recruiting practices
North Korea’s missile support to Russia raises alarms at UN
North Korean troops suffer casualties in Ukraine conflict
South Korea intensifies military drills to bolster defences against North Korean drone threat
Security personnel dead as Imran Khan’s supporters breach Islamabad lockdown
Pakistan could quit TAPI as India now “extremely lukewarm” on gas pipeline project, says report
Papua New Guinea tribal conflict leaves 30 dead amid gold mine dispute
South Korea's acting president rejects six controversial bills amid growing tensions
Korean won dips to crisis levels amid US rate cuts and market volatility
Sri Lanka’s merchandise exports in October up 18.22%
Taiwan boosts defence with advanced Abrams tanks amid rising Chinese tensions
Japan plans tax hike to fund $280bn military buildup
German Prosecutors Confirm Termination of Money Laundering Investigation Against Alisher Usmanov
Comments by President of the Russian Fertilizers Producers Association Andrey Guryev on bilateral meeting between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin
PhosAgro/UNESCO/IUPAC green chemistry research grants awarded for the 8th time to world's best young scientists
PhosAgro Tops RAEX ESG Ranking
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The world’s biggest uranium producer Kazatomprom last week said its adjusted net profit surged by 112% y/y in 2018. The company added that it expected further revenue growth this year.
The jump in net profit was thanks to rising prices and high sales, which grew 65% y/y in 2018. The company’s performance last year overlapped with its initial public offering—it sold a 15% stake in a dual listing on the London Stock Exchange (LSE) and the new Astana International Exchange (AIX) that valued the company at $3bn.
Kazatomprom’s net income adjusted for one-off transactions stood at KZT66.8bn (€157.2mn), the statement said.
The company expected consolidated revenue of KZT485bn-KZT505bn in 2019 thanks to higher prices offsetting lower physical sales. Kazatomprom plans to sell 13,500-14,500 tonnes of uranium this year, compared to 15,287 tonnes in 2018.
The Kazakh uranium miner’s revenue rose 58% to KZT436.6bn, it said.
The company has said it will to stick to previously announced plans to make dividend payments of no less than $200mn for 2018 and 2019.
Kazatomprom’s output accounts for 20% of the world’s uranium production.
The World Bank has to realise that the Rogun mega project “dream of the biggest dam [in the world] will turn into a nightmare for the people and nature in Tajikistan and beyond” and that it ... more
Uzbekistan's government officials are talking about a new phase of governance, marked by transformative economic and social reforms. GDP has doubled over the past five years to surpass ... more
Uzbekistan will impose a ban on importing solar panels, inverters and energy storage systems from manufacturers not listed on the Bloomberg New Energy Finance (BNEF) Tier-1 ranking starting January ... more
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