Kazakhstan Financial News

Georgia’s parliament has voted in the first reading to approve a proposed law that would require media and non-commercial organizations to register as being under foreign influence if they receive more than 20% of their funding from abroad

NEW DELHI, MUMBAI : The ongoing conflict between Iran and Israel could disrupt the aviation and shipping industries, sparking concerns over air travel safety and maritime security worldwide, besides a potential rise in airfares, increased war-risk premium for vessels operating in the area, as well as risks to agriculture trade. Following Iran's recent attack on Israel with drones and missiles, several countries in the region, including Iran, Jordan, Iraq, Lebanon, and Israel, temporarily closed their airspaces on 12 April as a precautionary measure, before reopening on 14 April, albeit with restrictions.

Authorities in the Russian city of Orenburg, near the border with Kazakhstan, have announced a mass evacuation from there after water levels in the Ural River rose further, threatening the area with more flooding

terrorism in South Asia. The meeting was significant in the backdrop of the recent terror attack in Russia that was carried out by extremists with Central Asian origins who may have been influenced by Pakistan-based seminaries. During the meeting that took place in Astana, both sides exchanged views on the terrorist threats in their respective regions, including State-sponsored, cross-border terrorism in South Asia, besides terror activities in the Afghanistan-Pakistan region.

NEW DELHI : Baku. Khinaliq. Batumi.

Why are gold and US dollar rates moving in same direction? — explained In March, China's central bank disclosed an addition of 160,000 troy ounces of gold to its reserves. Alongside, countries including Turkey, India, Kazakhstan, and various Eastern European nations have also engaged in gold purchases throughout the year. “The gold and silver market continues its relentless climb.

Russia's Ural mountains on Sunday after Europe's third-longest river burst through a dam, flooding at least 10,000 homes and forcing thousands of people to flee with just their pets and a few belongings. Some of the worst floods in decades have hit a string of Russian regions in the Ural Mountains and Siberia, alongside parts of neighbouring Kazakhstan in recent days. The Ural River, which rises in the Ural Mountains and flows into the Caspian Sea, swelled several metres in just hours on Friday due to melt water, bursting through a dam embankment in the city of Orsk, 1,800 km (1,100 miles) east of Moscow.

Sumit Nagal became the first Indian to enter the Monte Carlo Masters singles main draw in 42 years, beating Facundo Diaz Acosta of Argentina in a three-setter in the final qualifying round here on Sunday. Nagal, ranked 95th in the world, defeated his world number 55 rival 7-5 2-6 6-2 in a gruelling match that lasted two hours and 25 minutes. In the first round of the main draw, he will meet world number 35 Matteo Arnaldi of Italy in the clay court tournament. The 26-year-old Nagal was following the footsteps of the legendary Ramesh Krishnan, who had made it to the main draw of the same tournament in 1982.

flood in the city of Orsk that forced several thousand people to evacuate after a dam burst has created a «critical» situation, Emergency Situations Minister Alexander Kurenkov said on Sunday. «A critical situation has developed in the city of Orsk» in the southern Urals close to the border with Kazakhstan, he said from the city of 200,000 people.

Also Read: Expert View | Oil market oversupplied with high US output, Brent seen at $87-$92 for 2024: ShareKhan's Mohammed Imran The JMMC of the OPEC+ cartel, met online on Wednesday, April 3, to review the market and members' implementation of output cuts. In a statement following the meeting, OPEC+ said some member countries had promised to improve their adherence to supply targets.

Gold set another record above $2,300 an ounce on the likelihood the Federal Reserve will cut interest rates this year and sustained demand from central banks.

Ajit Doval on Wednesday met with his Russian counterpart Nikolay Patrushev and discussed measures to strengthen counter-terror cooperation. A special focus will be on the Afg-Pak and Eurasian region in the backdrop of the recent terror strike in the Moscow region that killed 144 people. The two NSAs, who met at the sidelines of Shanghai Cooperation Organisation in Kazakhstan, discussed countering terrorism both bilaterally and in multilateral formats, and emphasised on regular exchange of information about terrorist and extremist elements, sources told ET. Doval strongly condemned the «barbaric» terrorist attack at the Crocus City Hall in Moscow on March 22 and expressed condolences to the families who lost their loved ones.

United Arab Emirates — China, Iran and Russia have begun a joint naval drill in the Gulf of Oman, a crucial waterway near the mouth of the Persian Gulf, officials said Tuesday. Footage aired by Chinese state television and a video released by the Russian navy showed the ongoing drill, known as «Marine Security Belt 2024.» China sent the guided-missile destroyer Urumqi and the guided-missile frigate Linyi to the exercise. Russia's forces are being led by the Varyag, a Slava-class cruiser.

Kazakhstan with its hackers penetrating the telecom sector of the region’s biggest country. Kazakhstan’s National Computer Emergency Response Team (Cert.kz), has recently alleged that a group of Chinese hackers had access to the infrastructure of Kazakhstani telecommunication operators for two years, according to persons familiar with the development. Kazakhstan’s Ministry of Defence and the country’s national airline may have been one of the targets. At least one Chinese hacker group had full access to the critical infrastructure of Kazakhstani telecommunication operators in the past two years. The Kazakh Digital Development, Innovation and Aerospace Industry Ministry said in a statement on 20 February 2024 that it has, together with the National Security Committee, (KNB), begun analyzing the leaked information to learn more.

Mint explains why the Opec+ has curbed output and the demand outlook for the world. Crude oil price (Brent) has stayed below $100 a barrel since August 2022, after the sharp rise in the early days of the Russian invasion of Ukraine. While it has largely held above $80, the price dipped to the low seventies a few times in the past year.

Central Asia got an unique opportunity to get themselves acquainted with state of art IT training. More than 1,000 young people from Central Asian countries completed the Google Cloud and Machine Learning training program in Almaty recently. As a result, 20 students were offered an internship at the Kazakh-British Technical University (KBTU), according to the press service of Google Developer Groups (GDG) Cloud Almaty.

SINGAPORE—Two years after the invasion of Ukraine, drones and U.S.-made computer chips are increasingly flowing to Russia from China through Central Asian trade routes, showing the difficulty of strangling supplies to Moscow’s war effort. Trade routes snaking through former Soviet republics Kazakhstan and Kyrgyzstan are among the many paths into Russia for so-called dual-use goods—singled out by the U.S. and its allies because they can be used on the battlefield.

Some members of oil cartel OPEC, led by Saudi Arabia, and allied producers like Russia are again deepening their voluntary crude supply cuts

Russian allies are “interested” in using CBDCs like the digital ruble for cross-border settlements, a lawmaker said on February 26.

By Emily Chow

sanctions, trade restrictions are proposed to be imposed on the listed companies. Besides this, the EU has recommended sanctions on over 110 individuals and entities, forming part of a broader package commemorating two years since Russia's invasion of Ukraine. Also Read | European Union looking to sanction Indian and Chinese firms over Russia dealings, says report The listed companies are primarily engaged in technology and electronics, as per the report.