Kazakhstan

A bumpy road towards relevance for Kazakhstan's AIFC stock market

Kanat Shaku in Almaty July 5, 2021

Three years ago, Central Asia’s largest economy launched a new financial centre, complete with a bourse that runs on a Nasdaq trading platform. So how’s it faring? The jury is still very much out.

Taliban sweep through northern Afghanistan, forcing government troops to flee across border to Tajikistan

Ben Aris in Berlin July 5, 2021

The Taliban launched an assault on the northern regions of Afghanistan against government troops about a week ago and have rapidly captured most of the northern provinces.

Russia frets about ISIS in Afghanistan, Central Asia looks sanguine

Euurasianet July 5, 2021

Russia says it is worried that the Islamic State is gaining strength apace in northern Afghanistan. The United States looks to be bracing itself for a collapsing Afghanistan. But Central Asian states neighbouring Afghanistan are much more sanguine.

Almaty nonchalant over earthquake fears

Almaz Kumenov for Eurasianet June 30, 2021

As Kazakhstan awaits the Big One, its seismologists are underfunded while ever-taller buildings rise in the earthquake-prone commercial capital.

bneGREEN: Hydro’s elderly turbines need fresh investment to contribute to net zero

Richard Lockhart in Edinburgh June 30, 2021

Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.

Under half of emerging Europe economies to achieve full recovery in 2021

bne IntelliNews June 29, 2021

EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.

Kazakhstan: Russia’s Yandex taxi in court trouble as China’s Didi circles

Chris Rickleton for Eurasianet June 28, 2021

The situation has arisen because of mischief-making by a so-called patent troll.

bneGREEN: the climbing cost of carbon

Richard Lockhart June 25, 2021

The cost of joining the global movement towards net zero is not yet fully known, and both governments and corporations with the highest levels of both greenhouse gas emissions and energy intensity face the highest costs for carbon.

bneGREEN: Most green energy beats coal on price in 2020

Richard Lockhart June 24, 2021

162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020

Wildberries expands international sales by offering cross-border sales and delivery

bne IntelliNews June 24, 2021

Russia’s largest online retailer Wildberries has launched direct sales from Belarus, Kazakhstan and China to Russian consumers, the company said in a statement on June 23.

Amid Afghanistan pullout observers ask if there's a place for a US military base in Central Asia

bne IntelIiNews June 23, 2021

Carnegie analyst identifies Tajikistan, Uzbekistan and Kyrgyzstan as long-shot options.

Kazakhstan unlikely to meet Paris commitments

Eurasianet June 23, 2021

Nur-Sultan likes to boast of its green credentials, but the reality, say researchers, is a carbon-intensive “business as usual.”

DATACRUNCH: Central banks hike rates in the fight against inflation

Ben Aris in Berlin June 22, 2021

The economies of Central and Eastern Europe (CEE) are bouncing back from the pandemic recession but this will also stimulate inflation, posing a dilemma for central banks.

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