Economy

Kazakhstan and Eurasia new oil consortium in a multi-billion Caspian project

b 350 250 16777215 00 images caspian sea mapIn a move presented as glorious and spectacular, oil companies from Russia (Rosneft), China (CNPC), Kazakhstan (Kazmunaygas), Azerbaijan (SOCAR) and Italy (Eni) have teamed up to form a consortium for the exploration and exploitation of what is expected to be a new “giant” located in the very heart of the northern Caspian tectonic structure.

Copper and the Making of Kazakhstan's New Metal Moguls

metalkzCommodity prices have found a “new normal” but copper is doing much better.

Russian Railpolitick and China’s Belt and Road

pAn old Chinese proverb would be best amended to go something like this: if you want China to be rich, you must first build roads. Unfortunately, a road or railway is useless unless you own and can legally operate a fleet of trucks, locomotives, and rolling stock to ply the routes.

Managing the Resource Curse: Strategies of Oil-Dependent Economies in the Modern Era

moderneraThis is the first in a series of studies conducted as part of a program to analyze historical precedents and develop recommendations on how to diversify resource-based economies.

Kazakhstan Breaks Oil Production Cut Promise. The promise was symbolic, anyway.

thediplomat 2017 04 13 15 44 27 386x257Kazakhstan, it seems, has been one of the worst violators of a promise made in December to cut oil production. According to data in the International Energy Agency’s March Oil Market Report [PDF], Kazakhstan had agreed to a 20,000 barrel per day cut but instead increased production over the baseline month level (October) by 78,000 bpd.

Kazakhstan risks backlash over labor crackdown

20170314 oil workers article main imageKazakhstan is facing the growing prospect of an international backlash over a crackdown on labor unions that has curtailed workers' rights and increased the likelihood of social unrest and political destabilization.

How a Trump Economic Miscalculation Could Hammer His Pal Putin’s Economy

2016 12 26 1482758929 1929078 trump1915273 1280 thumbDonald Trump’s munchkins would have us believe that the new American president is going to usher in a period of prosperity for the United States and the world.

Kremlin Gold Paves Way to Billionaire Fortune for Tito Valet

behgjetpacolliOn a cool evening in early September, Kosovo construction tycoon Behgjet Pacolli threw open the doors of his walled compound to celebrate his birthday with 20,000 “Facebook friends.”

Authoritarian regimes use rhetoric to legitimize their power

authoritariaLeaders of authoritarian regimes in Central Asia have been able to use rhetoric to define their power as legitimate to the public despite practices of human rights violations and clamping down on dissent, according to a new study by a University of Kansas expert on international relations.

Kazakh President Says Partners in Shell Oil Field Face Tax Claim

karachaganakKazakhstan’s authorities are looking at whether the Karachaganak oil and gas venture, which includes Royal Dutch Shell Plc and Eni SpA, has unpaid taxes.

Central Asian Economies: Thirty Years After Dissolution of the Soviet Union

Central Asian Economies: Thirty Years After Dissolution of the Soviet Union

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Europe’s weak protections for refugees leave Central Asian dissidents at extreme risk

Europe’s weak protections for refugees leave Central Asian dissidents at extreme risk

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Analysis: Central Asian countries need to remain focused on reforms despite new security threats

Analysis: Central Asian countries need to remain focused on reforms despite new security threats

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