KZBlog

Tag archive for ‘President’

• Olympic Torch Redux

  This just in: Nazarbayev will run the first leg of the torch relay. Hopefully that won’t mean that they shut down the route to people who want to watch, which they sometimes do when cool people are involved in things. EDIT: The official route and who is carrying the torch is up. The President doesn’t […]

  4/01/08 • (Comments Off on Olympic Torch Redux)

• Nazarbaev Speaks to Reuters

  Thanks to the for posting this news. President Nazarbayev gave an interview to Reuters last Friday. In it, he touched upon the crisis in the banking sector, NATO, foreign relations, and the energy sector. He also discussed the issue of succession, saying: I would like to clarify this nonsense that the first president, that is […]

  3/31/08 • (Comments Off on Nazarbaev Speaks to Reuters)

• Bloomberg Inaccurate about UraniumGate

  Frank Giustra, the businessman who is making headlines for his alleged deal with Kazakhstan government officials in order to get uranium rights, has put out a press release listing the inaccuracies that the Bloomberg Press Service has made in covering the story. Among the errors Giustra cites: Bloomberg: Giustra was negotiating with the Kazakhstan government […]

  2/24/08 • (Comments Off on Bloomberg Inaccurate about UraniumGate)

• Frank Giustra Responds Unapologetically

  Frank Giustra, the businessman who came to the public light as allegedly getting a boost from President Clinton in order to enter the Kazakhstan uranium market, is defending himself. From The Globe and Mail article: Mr. Giustra denied the suggestion that Mr. Clinton had in any way paved the way for the successful deals. Both […]

  2/15/08 • (Comments Off on Frank Giustra Responds Unapologetically)

• More State Control

  One week after the Address to the People of Kazakhstan, the Prime Minister announced that this year Kazakhstan will investigate all existing contracts with foreigners in the area of resource-exploitation i.e. mining and oil and gas. The government will void all contracts with companies that have violated the terms and the resources or rights to […]

  2/15/08 • (Comments Off on More State Control)

• Bill Clinton, Nazarbayev and Uranium

  Or Kazakh-gate all over again? This issue is being covered and analyzed well in a number of websites so I’m not sure I have much to add except a bunch of links. When Bill Clinton came to Kazakhstan in 2005 and collected a donation from President Nazarbayev for his HIV/AIDS charitable fund, he may well […]

  2/02/08 • (2)

• Kashgan Crisis Has Ended

  After this great article on potential directions an agreement with Eni might take in Kashgan by Ben, it appears a settlement has been reached. KazMunaiGas, the state oil company, will have its share of the project increased “equal to that of the largest shareholders,” according to a statement from KazMunaiGas. According to the AFP report: […]

  1/14/08 • (Comments Off on Kashgan Crisis Has Ended)

• Problems in the Financial Sector

  As the banking sector in Kazakhstan is viewed internationally as unstable, the government is taking controversial measures to try to stabilize the financial sector, including buying out shares of Kazakhstan companies and cutting the budget to put 4 billion tenge aside as a reserve fund to bail out banks. Last week it was reported that […]

  10/18/07 • (Comments Off on Problems in the Financial Sector)

• More Shifts and a son-in-law is dismissed

  Earlier this week, President Nazarbayev appointed a new Minister of Energy and a new Minister of Labor and Social Protection, as well as a new deputy Prime Minister. What is odd is that the constitutional reforms advocated by the President required that Parliament approve new Ministers. However, last Tuesday when the announcements were made, the […]

  9/01/07 • (Comments Off on More Shifts and a son-in-law is dismissed)

• NurOtan wins

  I’m back an just in time to report on the biggest shocker in Kazakhstan politics in history: According to preliminary results, Nurotan won 88% of the vote, while no opposition party won more than the 7% necessary to get a seat in Parliament. It’s not a surprise give the way NurOtan has been strengthening for […]

  8/20/07 • (Comments Off on NurOtan wins)

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