Kazakhstan

Kazakhstan joins club of countries banning Lightyear over same-sex kiss

Almaz Kumenov for Eurasianet July 14, 2022

The culture minister says he is responding to calls from the public.

Central Asia’s deadly protests have much in common

Bruce Pannier for Eurasianet July 12, 2022

Government explanations are hard to believe, and do not hide the poverty and abuse fuelling unrest.

Russian court reverses ruling impeding Kazakh oil exports but situation remains tense

bne IntelIiNews July 12, 2022

Ahead of hearing, Kazakhstan says it is considering banning transit of sanctioned goods to Russia. Escalation of tensions may pose risk to Western oil assets.

NEMETHY: The riskiest macroeconomic environment of the 21st Century!

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors July 12, 2022

In my opinion, the macro environment is riskier than before the Dotcom Bubble and before the Great Financial Bubble. Why? A nasty cocktail of factors which may reinforce each other:

Kazakh president orders diversification of oil supply routes after Russia’s CPC suspension order

bne IntelliNews July 8, 2022

A Russian court ordered the Caspian Pipeline Consortium to suspend activity for 30 days after the Kazakh president pledged to help Europe restore its energy supplies.

Emerging markets see $4bn of outflows in June as global recession fears grow

Ben Aris in Berlin July 7, 2022

Pockets of weakness persist in emerging markets where real interest rates are deeply negative – and risks for those countries are rapidly mounting.

McDonald's starts reopening in Kazakhstan after mystery closures

bne IntelliNews July 7, 2022

Social media abuzz over closures after McDonald’s withdrawal from neighbouring Russia earlier this year.

bneGREEN: Has green energy had its day?

Richard Lockhart in Edinburgh July 6, 2022

Global efforts to combat climate change are being endangered by the global COVID-19 pandemic, the war in Ukraine and the current energy crisis.

Kazakh manufacturing sector PMI signals further expansion in June amid sharp rise in new orders

bne IntelliNews July 5, 2022

Recovery continues after period of disruption caused by the outbreak of war in Ukraine and subsequent imposition of sanctions on Russia

Fellow Central Asian leaders back Uzbekistan's Mirziyoyev over actions in Karakalpakstan

bne IntelliNews July 4, 2022

The events in Uzbekistan's Karakalpakstan follow violent unrest in other authoritarian Central Asian states, Kazakhstan and Tajikistan, earlier this year.

US and Chinese slowdown will tip the world into recession, says IIF

bne IntelliNews July 2, 2022

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

Alexander Thomas for FPRI BMB Ukraine June 30, 2022

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

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.

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