Kazakhstan

Emerging Europe is growing faster than expected this year but will stagnate in 2023, says wiiw

Robert Anderson in Prague October 20, 2022

For 2023 the wiiw has revised its forecasts down, and overall Emerging Europe growth will average just 0.3%, barely above the 0.2% predicted for the Eurozone.

CENTRAL ASIA BLOG: Is the Middle Corridor all it’s cracked up to be?

Kanat Shaku in Almaty October 15, 2022

Avoiding sanctioned Russia in shipping freight between East Asia and Europe is a new difficulty for the cargo industry. The big alternative is the Trans-Caspian International Transport Route. Analysts wonder if it can take the strain.

Too early to call time on the CSTO

Kamila Ibragimova, Peter Leonard for Eurasianet October 14, 2022

More than a military alliance analogous to Nato, the bloc is a political entity. But analysts have never agreed on its exact purpose.

bneGREEN: Clearer ESG rules needed in booming green bond market

Richard Lockhart in Edinburgh October 13, 2022

The global green bond market was worth $552bn in 2021, accounting for 53% of all green, social and sustainability issuances, according to a recent report from Fitch.

Kazakh GDP grows 2.8% y/y in Jan-Sept

bne IntelIiNews October 13, 2022

Foreign trade, meanwhile, expanded 36.3%, reaching $86.3bn.

bneGREEN: Green investment must triple to save climate

by Roberta Harrington in London October 12, 2022

Investments in renewable energy need to triple by 2050 to put the world on a net-zero trajectory by mid-century, according to a new report by the World Meteorological Organisation (WMO), part of the United Nations.

Long arm of Russian state censor attempts removal of Ukraine war articles published by Kazakh, Kyrgyz media

bne IntelIiNews October 12, 2022

Roskomnadzor targets Russian-language coverage not in line with Kremlin’s official narrative on the conflict.

Putin’s dwindling circle of friends in Emerging Europe

bne IntelliNews October 11, 2022

The number of European countries friendly towards Moscow has dwindled to just a handful since Russia’s illegal invasion of Ukraine in February.

PANNIER: Russia’s two centuries of Central Asia dominance are over

Bruce Pannier October 11, 2022

The disastrous Russian invasion of Ukraine has caused a geopolitical tectonic shift. The five ‘stans’ are looking at other foreign partner options.

IMF BLOG: Policymakers need steady hand as storm clouds gather over global economy

Pierre-Olivier Gourinchas Economic Counsellor and the Director of Research of the IMF. October 11, 2022

One-third of the world economy will likely contract this year or next amid shrinking real incomes and rising prices. The global economy continues to face the challenges of war, a cost-of-living crisis and an energy crisis.

Kazakh president bemoans shrinking lake, doesn’t mention China’s take

Artyem Sochnev for Eurasianet October 11, 2022

Lake Balkhash is fed by the Ili River that originates over the border in China’s Xinjiang region.

Kyrgyzstan scraps military drills in latest sign of Russia’s waning influence in Central Asia

Aida Kadyrzhanova in Almaty October 10, 2022

Move to cancel CSTO exercises made following border fighting with Tajikistan and with Armenia already angry that military bloc has been ‘missing in action’.

Ukraine war leads to traffic jams in Georgia

Nini Gabritchidze for Eurasianet October 7, 2022

International transport routes through Ukraine and Russia have been disrupted, and Georgia has become a popular alternative.

NEMETHY: Is the world heading towards a “polycrisis”?

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors October 5, 2022

According to historian Adam Tooze, we are currently potentially facing a “polycrisis”: a number of smaller to medium-sized crises in the world that have the potential to combine and reinforce each other.

Central Asians targeted in Russia’s desperate mobilisation drive

Eurasianet October 5, 2022

Rights activists insist Central Asian labourers are being conned.

Kazakhstan’s manufacturing PMI signals renewed contraction

Kanat Shaku in Almaty October 4, 2022

Period of growth comes to abrupt halt in September.

Kazakhstan: President pins week-long cyberattacks on foreign-based plotters

Eurasianet October 3, 2022

Tokayev says their intention is to derail his political reform agenda.

More pain stored up for Emerging Europe in 2023

bne IntelliNews September 29, 2022

Government efforts to shield populations from the energy crisis and rampant inflation have shifted the economic impact to next year, says the EBRD as it downgrades GDP growth forecasts for 2023.

Kazakhstan shows generous side amid Russian stampede, but tensions are rising

Aida Kadyrzhanova in Almaty September 27, 2022

Pressure to accommodate draft dodgers makes it difficult for a country that nationalists in Russia have targeted with veiled threats over claims to northern territories.

Kazakhstan offers Europe chance to kick its Russian uranium habit

Aida Kadyrzhanova in Almaty September 26, 2022

Obstacle to hopes is Russia’s ownership of 40% of world's uranium conversion infrastructure, vital to making nuclear fuel.

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