Kazakhstan: Old-school presidential debate stokes election cynicism

Almaz Kumenov for Eurasianet November 15, 2022

The incumbent’s absence from the debate will bear him no political cost. His five rivals will all lose soundly this weekend.

NEMETHY: The cure for high prices is – high prices

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors November 15, 2022

Prices are important economic signals. High prices – whether for energy foodstuffs, etc., are signals to the world to (a) supply more; (b) substitute; or (c) conserve. But how do you bring inflation down?

bneGREEN: Scientists conclude ‘Third Pole’ permafrost thaw threatens Tajiks, Kyrgyz living on plateau

Aida Kadyrzhanova in Almaty November 12, 2022

Research indicates that a fifth of buildings plus 40% of railways and roads on endangered parts of Himalayan Qinhai-Tibet Plateau are in trouble, driven by climate change.

EU taps Kazakhstan for rare earths, green hydrogen

Joanna Lillis for Eurasianet November 10, 2022

Kazakhstan is itching to get its lithium out of the ground.

Central Asia: Chinese cars race ahead

Joanna Lillis for Eurasianet November 9, 2022

Sanctions on Russia are helping China expand its market share in the region.

Kazakhstan: Militant angle to Bloody January events strains under scrutiny

Eurasianet November 8, 2022

The president claimed “trained militants” were behind nationwide unrest in January. Ten months later, no evidence has come to light supporting his claim.

Kazakhstan's sovereign wealth fund to sell 5% stake in national oil company KazMunayGaz

Kanat Shaku in Almaty November 8, 2022

Plans are modest compared to privatisation proposals floated in the past.

Eurasian central bank governors battling inflation with mixed success

Ben Aris In Samarkand November 7, 2022

Inflation appears to be under control in Uzbekistan and to have peaked in Georgia and Armenia, but with prices still rising in Kazakhstan the regulator is ready to raise rates “as much as necessary,” the countries' central bank governors said.

bneGREEN: No fairness but some hope at COP27

Richard Lockhart in Edinburgh November 5, 2022

COP26 has not delivered so far on the promises made in Glasgow in November 2021, with companies failing to move towards zero emissions pledges and the world as a whole not meeting the targets and aspirations laid down.

Kazakhstan: Tokayev’s election campaign strives for legitimacy bump

Zholdas Oristbayev for Eurasianet November 4, 2022

President Kassym-Jomart Tokayev’s team sees re-election with a sweeping mandate as the end to a transition that began in 2019.

Kazakhstan manufacturing PMI signals stabilisation in October

bne IntelIiNews November 2, 2022

Output, howevr, fell for the second month running as difficulties with sourcing materials continued.

Kazakhstan: Oil-rich west to become green hydrogen hub

Joanna Lillis for Eurasianet October 29, 2022

The plan is to turn waters from the Caspian Sea into clean hydrogen for export.

bneGREEN: Climate window set to slam shut, warns Guterres

Richard Lockhart in Edinburgh October 28, 2022

The world is heading for a 2.8°C rise in global warming by 2100 unless governments urgently improve their emissions targets, the UN warned, otherwise the window of opportunity to take the required climate action will slam shut.

Chunky rate hike introduced in Kazakhstan as fleeing Russians drive up consumer prices

bne IntelIiNews October 28, 2022

Benchmark raised 150 basis points to 16%, the highest it has been in six years. Inflation stands at 19.7%.

bneGREEN: Carbon emissions to peak in “historic turning point” IEA says

Ben Aris in Berlin October 28, 2022

Global carbon emissions will peak in 2025 as the world reaches a “historic turning point” and governments pour investment into renewables to counteract the energy crisis that has gripped the world this year.

bneGREEN: Flattening the emissions curve: too slow, too late, say UN climate scientists

Richard Lockhart in Edinburgh October 27, 2022

The combined climate pledges of 193 governments would limit global warming to 2.5°C by 2100, way above the Paris Agreement goals of 1.5°C.

MACRO ADVISORY: Great Game 3.0: The Politics of Rail

Chris Weafer of Macro-Advisory in Moscow October 25, 2022

Russia and China are the dominant trade and investment partners for Central Asian countries. But their dominance in the region is now being challenged by Turkey and Iran in a return to the "Great Game."

Kazakhstan profits from global sunflower shortage

Joanna Lillis for Eurasianet October 24, 2022

With Ukraine’s sunflower exports forecast to plummet this year, Kazakhstan is moving to fill the gap.

IMF increases global inflation outlook in 2022 to 9.9%

bne IntelliNews October 24, 2022

The International Monetary Fund has said that it expects inflation pressures to be significant around the world in 2022. Inflation is predicted to be worse in developing economies, where price increases are projected to reach 9.9% on average.

Kazakhstan new home to 50 international firms that opted for Russia exit, 50 more could be on the way

Kanat Shaku in Almaty October 21, 2022

Kazakhs, Kyrgyz and Uzbeks all looking to make the most out of relocations.