Mario Draghi, Olaf Scholz and Emmanuel Macron to visit Kiev on June 16
Peace in Ukraine is possible but for price of territorial concessions – NATO Secretary General
Finland not to join NATO without Sweden – Finnish President
Macron’s party mat lose parliamentary elections to Jean-Luc Mélenchon's left-wing alliance
Queen Elizabeth II becomes second-longest ruling monarchs in history
In the period of transition, the Kazakh elite clans are forced to change in order to strengthen their influence and, sometimes, to even simply stay afloat (this task is especially complicated given the non-public nature of the Kazakh political life). Dariga Nazarbayeva’s clan is no exception – her sons are grown now and can become real rivals to the “old guard”.
This article on hiring policies of Kazakhstani president was written by a famous scientist and history PhD, professor Nurbolot Masanov. Even though it was written back in 2005, its contents are still relevant and gives us an idea of how decisions are made on a government level.
A key deal for a Kazakhstani banking sector, concerning the purchase of Kazkom by the People’s Bank of Kazakhstan, is taking shape.
The Kazakh authorities of today can be compared with airplane pilots flying high above the ground and looking at the country through a veil of clouds. On the one hand, they can see everything. On the other hand, however, they can only guess what is really happening down there. Therefore, they are afraid. And the higher they fly, the more scared they are.
On February 28, 2017, the National Bank of Kazakhstan (NBK) published quite an interesting an informative document on Kazakhstan’s balance of payment and the external debt of the country for the 9 months of 2016. We will comment on this document from the viewpoint of the economic and financial risks the country is now facing.
Akorda’s decision to allocate 2.1 trillion tenges for the revitalization of the bank system has caused a heated discussion in the country. The reaction of the international credit rating agencies, however, has been quite positive.
