Kazakhstan
US and Chinese slowdown will tip the world into recession, says IIF
The worsening economic data coming out of the US and yet another coronavirus lockdown in China will tip the world into a global recession, the Institute of International Finance (IIF) said in a note on July 1.
FPRI BMB Ukraine: Central Asia surprisingly neutral on Russian war in Ukraine
To the surprise of many, each of the Central Asian Republics has maintained a neutral stance on Russia’s military operations in Ukraine.
Kazakhstan: Sanctions likely behind fresh delay at new Baikonur launchpad
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
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
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
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.
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Book review | China’s “detached” power
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
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
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
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
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
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
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
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
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
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
President Tokayev promotes referendum result as ending “super-presidential” rule. Some activists say it does nothing of the kind.
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CENTRAL ASIA BLOG: No great enthusiasm but Kazakhs expected to vote ‘yes’ in constitutional referendum
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
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
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.
