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Daesh (IS) and criminal syndicates after the gold of Central Asia

LONDON (TCA) — Recent reports from various sides concerning the increasing lack of cash flow for Daesh (IS) in the Near East due to difficulties in its Turkish oil smuggling chain add a new dimension to the already existing threat of extremist forces’ concentration in Afghanistan bordering the southern republics of Central Asia. Ever increasing assessments of the area’s world-class gold mining reserves must have drawn the attention of gang leaders of Taliban, Al-Qaeda and Daesh looking for alternative baits and a motive behind their “spring offensive” in Afghanistan and beyond.

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Times of Central Asia

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Moody’s: Kazakhstan’s rating supported by low public debt, sizable fiscal reserves

ASTANA (TCA) — Moody’s Investors Service on May 9 said that Kazakhstan’s Baa3 rating is supported by the country’s relatively high wealth levels, low public debt and high debt affordability, as well as sizable fiscal reserves held in foreign exchange, providing a significant buffer against the negative fiscal and balance of payments impact of lower oil prices.

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Times of Central Asia