• KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01187 0%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09395 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
19 September 2024

Viewing results 115 - 120 of 117

Promoting Sustainable Development in Central Asia: Key Highlights from the Eurasian Development Bank’s Roundtable

According to a press release issued by the Eurasian Development Bank (EDB), on November 16th, 2023, Almaty, Kazakhstan, served as the venue for a critical roundtable hosted by the EDB, titled "Promoting Sustainable Development in Central Asia". This gathering saw the participation of representatives from a wide range of international organizations and multilateral development banks. Attendees included the likes of the World Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Islamic Development Bank, FAO, UNIDO, UNEP, ESCAP, UNDP, the World Health Organisation, the International Fund for Saving the Aral Sea, and CICA. The agenda was packed with discussions revolving around irrigation, water challenges, environmental and social standards of international financial institutions, and case studies that showcased collaborations in project implementation12. The EDB's latest report, "Efficient Irrigation and Water Conservation in Central Asia", was introduced during the roundtable's first session. Nikolai Podguzov, Chairman of the EDB Management Board, underscored the essential interrelationship between water, food, and energy in Central Asia. He declared the development of the region’s water and energy resources as a strategic priority for the EDB. He also expressed concerns over an impending water deficit in Central Asia within the next five years, urging for collective action supported by multilateral development banks3. Tatiana Proskuryakova, the Regional Director for Central Asia at the World Bank, also spoke at the event. She emphasized the importance of sustainable development in Central Asia to international organizations and multilateral financial institutions. She revealed that the World Bank has allocated approximately a quarter of its $12 billion investment portfolio in Central Asia to water, energy, and environmental sectors. This proportion is expected to rise to almost half in the near future4. Following this, Evgeny Vinokurov, EDB Chief Economist, presented the study "Efficient Irrigation and Water Conservation in Central Asia". He proposed a ten-step solution to address the prevalent issues. The steps include establishing an International Water and Energy Consortium; fostering collaboration among multilateral banks; creating a regional cluster to produce irrigation equipment; consolidating efforts to strengthen cooperation with Afghanistan; using PPP instruments; instituting proper water accounting; gradually integrating investment charges into the tariff structure; improving land conditions; implementing digital technology, and leveraging state-of-the-art irrigation technology and laser levelling.

Authorities Close Religious Institutions in Batken Region

On October 10th, Kyrgyzstan’s State Committee of National Security - comprising representatives from the State Committee of National Security, the Emergency Ministry, the Interior Ministry, Health Ministry, the Grand Mufti's office, other state entities and the regional government stated that it had closed 32 mosques and five religious schools in the southern region of Batken. This came following an assessment examining the potential presence of radical Islamic ideology and extremist viewpoints within the religious institutions. Situated on the southern slope of Solomon’s Throne in Osh, Kyrgyzstan’s largest mosque has the capacity to hold 20,000. Built in the 2010s with funds from Saudi Wahhabis, it was inaugurated by former President Atambayev, who, like other regional leaders before him, had been wooed by promises of Saudi money. Sunni supremacists wishing to revert to the seventh-century ways of Mohammed, Wahhabi missionaries first arrived in Central Asia in 1912, setting up cells in Tashkent and the Fergana Valley. Declaring holy war not only on the West, but also on other Muslims, the Wahhabis labelled all who disagreed with them heretics. Having suffered lean times under the Communists, now they were back and loaded with oil money. Of the Osama Bin Laden school of thought, their goal is to destroy secularism and create a region-wide caliphate based on Sharia law, this despite the fact there has never been an Islamic state in Central Asia. Amongst the Wahhabi’s affiliates are the Islamic Movement of Uzbekistan, formed in the early nineties by Tohirijon Yuldashev, a twenty-four-year-old college drop-out, and Juma Namangani, an ex-Soviet paratrooper turned train robber. Raising funds by kidnapping Japanese geologists and American mountaineers, in 2000 the IMU briefly took Osh, holding its mayor for ransom and coming within striking distance of its goal of seizing Tashkent. With the IMU largely absorbed into the Afghan Taliban, ignored warnings of the impending 9/11 attacks on America are said to have emanated from Yuldashev, who like Namangani, has since been killed. Looking to engage those alienated by state-appointed imams, who as a recent recruit noted, offer only ‘prayers for a bigger cotton harvest and instructions for how to go to the bathroom properly,’ the IMU are currently calling for a jihad in Southern Kyrgyzstan. With the IMU mainly moved into Afghanistan and Pakistan, in June of 2014, after swearing allegiance to ISIS, the organization claimed responsibility for the attack on Jinnah International Airport in Karachi, Pakistan, which left 36 dead. There are currently upwards of two thousand ISIS recruits from Central Asia, with the movement's hierarchy focused on recruiting more disaffected Uzbeks.

Swiss Accuse Gulnara Karimova of Running Criminal Organization

Switzerland's federal prosecutor has filed an indictment against the imprisoned daughter of Uzbekistan's former president, accusing her of taking bribes and running an elaborate criminal organization known as "The Office." Gulnara Karimova, the eldest daughter of Islam Karimov, who ruled Uzbekistan from 1991 until his death in 2016, is accused of leading the operation, which allegedly channeled hundreds of millions of dollars’ worth of bribes from telecoms companies. Switzerland’s Office of the Attorney General (OAG) said on September 28 that money was funneled through bank accounts in several countries before being transferred to banks in Switzerland. According to the statement, Karimova's network began its operations in Switzerland in 2005 “in order to conceal the capital originating from its criminal dealings in Swiss bank accounts and safes and by purchasing real estate.” "‘The Office conducted its criminal activities as a professional business, complying with mandatory regulations and observing a strict allocation of tasks, while also resorting to violence and intimidation," the prosecutors' statement said. In 2012, Switzerland said it froze around 800 million Swiss francs ($871.3 million) in connection with criminal proceedings against Karimova, a pop diva and businesswoman who had a public falling out with her late father and is currently in an Uzbek prison on embezzlement and criminal conspiracy charges. In December 2017, a Tashkent court sentenced Karimova to a 10-year prison term, but the sentence was later commuted to house arrest for five years. She was detained in March 2019 for allegedly violating the terms of her house arrest. In February 2020, Karimova sent a letter to Mirziyoyev offering to return $686 million to the country's treasury in exchange for the dismissal of the court case against her at home. But a month later, she received an additional 13-year sentence after being found guilty of extortion, money laundering, and other crimes. In August, Britain's Serious Fraud Office confiscated three luxury properties worth more than $25.5 million in the United Kingdom that belonged to Gulnara Karimova. The total amount of assets associated with Karimova in Switzerland, France, and the United States is estimated at almost $1.4 billion. Uzbekistan is trying to recover at least $1 billion of that. The 51-year-old Karimova, once seen as a possible successor to her father, has also been tied to money-laundering investigations in Sweden and Switzerland.