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TASHKENT (TCA) — As the new Uzbek president pursues his policy of improving political and economic relations with Uzbekistan’s neighbors in Central Asia, we are republishing this article by Fozil Mashrab, originally published by The Jamestown Foundation’s Eurasia Daily Monitor: Continue reading
BISHKEK (TCA) — How can Central Asia’s nations reverse the force of greed thriving their upper echelons in favour of a fairer division of wealth en replace personal enrichment by collective economic improvement? If western parties would replace provocations by assistance to get justice done, it would help a lot, and give a new political generation no longer driven by selfish aspirations a chance to impose a velvet transition in the right direction. Kyrgyzstan appears to be the best-placed for such a process. Continue reading
ASTANA (TCA) — Oil-rich Kazakhstan needs to take the maximum use of its huge hydrocarbon and mining sectors revenues at a time when the country’s economy is being affected by low oil and commodities prices. In this context, we are republishing this article by Anton Artemyev, the executive director of the Soros Foundation Kazakhstan, originally published by EurasiaNet.org: Continue reading
ALMATY (TCA) — Recently a minor-scale bank in Kazakhstan named KazInvest ran aground. Now, another one, Delta Bank, is moving towards the brink of bankruptcy. Yet another “junior”, Temirbank, formerly owned by BTA and now controlled by Fortebank, recently defaulted on its coupon repayment schedule as well. In 2016, Temirbank posted a net income of 10.875 billion tenge which turned into a net loss of 4.41134 billion for the full year during the last quarter. During the last three months, equity capital dwindled from 54.5 billion to 39.2 billion tenge. Current asset par value stands close to 357 billion tenge, but it remains unclear what the percentage of exposed assets within that amount is. Continue reading
LONDON (TCA) — Some attempts have been made to draft a rough sketch of the “Silk Route of Terror” but mapping it proves a bit hard. Besides, that map could fundamentally change if somehow the Afghan government manages to forge a compromise with the Taliban rebels. Presently there are two itineraries for Central Asian would-be terrorists. Either they move from their home country in Central Asia to Turkey, from there to Syria or Iraq, then to Afghanistan and back home enriched by experience and evil plans, or from Central Asia they pass into Afghanistan, from there to the Near-East battleground and back, through Turkey or directly. In both cases, the significance of Afghanistan as a transit hub and training ground is on the rise. Continue reading
BISHKEK (TCA) — Tomorrow, February 12, Turkmen citizens will go to the polls to almost certainly re-elect incumbent President Berdimukhammedov for a new term. As Turkmenistan is experiencing economic, and security, challenges, we are republishing this article by Stratfor’s Lead Analyst Eugene Chausovsky, originally published by Stratfor: Continue reading
