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ASTANA (TCA) — The standoff between Turkey and Russia is a big problem for Kazakhstan, Kazakh President Nursultan Nazarbayev said last Saturday during his meeting with Turkish Prime Minister Ahmed Davutoglu in Astana, Novosti-Kazakhstan news agency reported.
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BISHKEK (TCA) — The Times of Central Asia presents to its readers Stratfor’s Global Intelligence, a weekly review of the most important events that happened in the world — from Europe to Middle East to Russia to Central Asia to Afghanistan to China and the Americas.
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BISHKEK (TCA) — The Kyrgyz Government plans to offer its shares of a major player in the country’s telecommunication market, Alpha Telecom CJSC (MegaCom brand), for sale through auction. The state owns 100% of the company’s shares. The company covers 98 percent of the country with mobile communication and has more than three million subscribers.
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ALMATY (TCA) — Kazakhstan’s currency is in a very bad shape. There are various reasons for that, and although President Nazarbayev advises his citizens not to buy imported goods, people on the street feel the pinch and try to switch to dollars as much as they can. The crash in global prices of oil and other commodities has already brought Russia and Azerbaijan currencies to their lowest level losing more than 50%. Kazakhstan is not doing any better with the tenge moving, in about two years, from about 150 tenges per dollar to the incredible low level of close to 400 and the situation has much to do with the ever shifting National Bank policies.
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BISHKEK (TCA) — A new book by the Food and Agriculture Organization of the United Nations (FAO) calls for a transition across Central Asia to conservation agriculture, a key recommendation of the Organization’s “Save and Grow” model of sustainable crop production. It suggests that governments learn from the example of Kazakhstan, where conservation agriculture practices – zero-tillage, retention of crop residues and crop rotations – have helped wheat farmers achieve high yields even during severe droughts, the FAO Regional Office for Europe and Central Asia said.
BISHKEK (TCA) — On 18 February 2016, the FT-EBRD Central Asia Investment Forum: Forging relationships for growth will bring together leading investors, policymakers, economists and experts in Central Asia, including Mongolia, to discuss the future of the region and the prospects for investment, the EBRD press office said.
