• KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01131 0%
  • KZT/USD = 0.00227 0%
  • TJS/USD = 0.09156 -0.11%
  • UZS/USD = 0.00008 0%

Viewing results 37 - 42 of 47

Kazakh model committed suicide two years after visiting Jeffrey Epstein’s notorious island

Born and raised in Almaty, Kazakhstan, Ruslana Korshunova was discovered by a modelling scout at the age of 15 and quickly moved abroad to pursue her career. She worked with well-known international brands such as Marc Jacobs, Kenzo, Paul Smith, Vera Wang, Nina Ricci, Donna Karan, and Christian Dior. Her striking features also graced the covers of Russian Vogue, French Elle, and The New York Times Style Magazine. Tragedy struck when Korshunova was found dead outside her Wall Street home in New York in 2008 at the age of 20. She was believed to have fallen from her apartment’s balcony. Prior to her death, it was reported that she had joined an intense Russian “self-help group”, as revealed in Peter Pomerantsev's 2014 book entitled "Nothing Is True and Everything Is Possible: The Surreal Heart of the New Russia". Recent court documents related to American financier and convicted sex offender, the late Jeffrey Epstein, and his former lover, Ghislaine Maxwell, reveal that at the age of 18, Korshunova was flown to Epstein’s Little Saint James island on his infamous private Boeing 727 aircraft, known as the “Lolita Express”. This plane was allegedly used to transport young girls to the island in the company of wealthy and influential men. Flight logs showed that Korshunova boarded the Lolita Express in New York on June 7, 2006, destined for the notorious private island in the U.S. Virgin Islands. The recent revelation of Korshunova's involvement with Epstein comes in the wake of another tragic incident in Kazakhstan involving Saltanat Nukenova, the wife of former Minister Kuandyk Bishimbayev. The public murder of Nukenova by Bishimbayev had prompted the Zhana Adamdar movement to hold a rally in Almaty in November 2023 to raise awareness about violence against women and children. Following Nukenova's untimely death, Kazakhstan's President Kassym-Jomart Tokayev was quick to implement a decree to enhance human rights with a focus on combatting gender inequality and strengthening the justice mechanism for victims of domestic violence. This decree represents an expansion of protections for women and marginalized groups as part of the President’s larger reform agenda initiated in 2022. Human rights infringements, as illustrated by both above incidents involving tragic deaths of young women, transcend geographical boundaries. The onus for rectification lies with the authorities and their proactive measures to prevent such violations. It is just as imperative that offenders are unequivocally and swiftly brought to justice. Given recent initiatives by its government, Kazakhstan seems to be progressing in this direction. The prolonged litigation and lack of transparency in the Epstein case, on the other hand, has provoked unease globally, considering that the victims originate from numerous countries.

New Law Establishes a National Fund for Children in Kazakhstan

A new law that came into effect on January 1st, 2024, entitled Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan, includes provisions regarding the accrual, payment and use of funds transferred from the National Fund to the children of Kazakhstan.  According to this document, all children (up to the age of 18) will receive deductions of fifty percent of the investment income of the National Fund. The project, a first of its kind in Central Asia, is called the "National Fund for Children". The National Fund of the Republic of Kazakhstan holds the state’s assets in the form of finances concentrated on the accounts of the Government in the National Bank. It is accumulated via fulfillment of tax obligations on the extraction of mineral resources, rent tax on export of crude oil and gas condensate and royalties, as well as the share of the Republic of Kazakhstan on division of production in kind or money from their realization, with the amount being determined in accordance with the relevant tax legislation. Lower-end forecasts of savings per child under this new law are calculated to be around US$3,000-4,000. This amount is estimated taking into account the volatility of the capital market and depends on the global economic situation. Only citizens of Kazakhstan can participate in this program, and any child that changes citizenship loses the right of payment. Furthermore, these funds are exempt from taxation and when a person reaches the age of 18, he or she can decide how to use the sum. It is conceivable that these funds can be used by the new generation to finance their future education, including abroad, or for housing purposes. If the funds are not used within 10 years by the citizen holding the funds, they will be automatically credited to his or her pension account.

Man Burns City Xmas Tree in Taraz, Protesting New Year Celebrations

A man burned down the main city tree of the administrative center of the Zhambyl region in the city of Taraz. He was detained, and information about the incident was confirmed by the press service of the Ministry of Internal Affairs. “On December 31 at 08:30am, video surveillance cameras recorded the arson of a Christmas tree installed in the park. The police detained a 56-year-old man. The suspect confessed and was taken to a temporary detention facility," the ministry stated. The police indicated that a pre-trial investigation has been launched under Article 202 of the Criminal Code of Kazakhstan (deliberate destruction or damage to someone else’s property). Witnesses to the incident actively distributed a video on social networks. According to the local publication, Orda.kz, the reason for the crime was the man’s belief, according to his explanation, that the New Year should not be celebrated in Kazakhstan. The damage caused by his actions is estimated to be 2.8 million tenge ($6,150).

Investing in the Future: Upgrading Kazakhstan’s Heating and Power Infrastructure

As nations around the globe grapple with the urgency of climate change and the need for sustainable development, one country that stands out is Kazakhstan. With its vast natural resources and strategic location, Kazakhstan has the potential to become a leader in renewable energy and sustainable infrastructure. However, upgrading Kazakhstan's heating and power infrastructure is a significant undertaking that requires substantial time and financial investment. The Challenge Kazakhstan is no stranger to the harsh realities of tough winters. With temperatures often dropping below -30 degrees Celsius and even reaching lows of -52 degrees Celsius in some northern regions, the capacity and resilience of the country's heating infrastructure is tested annually. In a country where winter can last up to six months, maintaining a reliable heating supply isn't just a matter of comfort—it's a matter of survival. However, the extreme weather conditions put a considerable strain on Kazakhstan's heating infrastructure and lead to several challenges. Many of Kazakhstan's heating systems, built during the Soviet era, are showing their age and inefficiency, necessitating an expensive overhaul. These outdated systems often break down, leading to extended periods without heat in the coldest months. A striking example was the 2022 incident in Ekibastuz, a city known for its harsh winters, where residents endured nearly three months without heat due to a power plant failure, which subsequently sparked a government-led corruption investigation. Compounding these issues, Kazakhstan's heating sector heavily relies on fossil fuels, primarily coal. This reliance not only exacerbates environmental pollution but also leads to energy inefficiency. Due to poor insulation in buildings and obsolete heating systems, much of the produced heat is lost, demanding more energy and resources to maintain warmth in homes and businesses. The cost of heating is a significant expense for many Kazakh households, particularly those in rural areas where incomes are lower. The government provides subsidies to help offset these costs, but with energy prices rising globally, this is becoming an increasingly heavy burden on the national budget. The financial aspect of such upgrades is undoubtedly substantial. One source estimates that upgrading transmission and distribution infrastructure alone for all of Central Asia could cost between $25 billion to $49 billion. Additionally, infrastructure projects of this magnitude can take several years to over a decade to implement. For instance, Denmark began its transition to district heating systems and combined heat and power plants in the 1970s, and is still implementing improvements today. Similarly, Germany started its Energiewende (energy transition) initiative in 2000, with goals set for 2050. What Steps Have Been Taken? Efforts are made to upgrade aging systems, improve energy efficiency, and transition to more sustainable sources of energy. In 2023, Kazakhstan significantly upgraded its energy infrastructure, as reported by the Astana Times. The launch of the second Beineu-Zhanaozen gas pipeline and a new distribution pipeline in Mangystau Region improved gas supply, while the completion of the Makat-North Caucasus pipeline met regional demands. The western zone's energy network was fortified with five new power transmission lines. Renewable energy saw...

Investigation Launched into Mobile Operators

The Agency for the Protection and Development of Competition of the Republic of Kazakhstan has established that in 2023, a significant price increase from 7.7% to 57.3% was recorded according to the tariff plans of mobile operators, who increased the cost of services provided on more than 30 plans with a monthly subscription fee. “Taking into account paragraph 3 of Article 199 of the Entrepreneurial Code in connection with the repeated detection of signs of anti-competitive coordinated actions in the calendar year, the Agency has now launched investigations against mobile operators Kcell JSC, MT–S LLP (Tele2/Altel) and Kar-Tel LLP (Beeline) under Article 170 of the Entrepreneurial Code," the Agency for the Protection and Development of Competition of the Republic of Kazakhstan said in a statement. Earlier, the Agency had detected signs of anti-competitive coordinated actions by mobile operators in setting the cost of calls per minute and SMS services. In this regard, notifications were sent to mobile operators to reasonably reduce their pricing. The Agency stated that in case of non-compliance by the operators within an established time-frame, an investigation would be launched.

458 Saiga Antelope Killed For Their Horns

A foreigner tried to take saiga horns worth 2 billion tenge from Kostanay. During a search, 916 saiga horns and about 7.5 million tenge in cash were found in the bags, the Kostanay region police department reported. Presumably, the offender caused about 2 billion tenge in damage to the state. He was arrested and placed in a temporary detention facility. On 25 December, Leonardo DiCaprio, esteemed Hollywood actor and environmentalist, brought attention to the Kazakh government success in saving the saiga population on his Instagram page. “Congrats to the government of Kazakhstan, which invested heavily in anti-poaching initiatives, robust law enforcement, and the establishment of new protected areas”. The antelope species has been reclassified from critically endangered to near threatened on the International Union for Conservation of Nature Red List of Threatened Species, with Kazakhstan population growing from 48,000 in 2005 to over 1.9 million in the wild.

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