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Silk Road Intelligencer: News Roundup - August 16, 2007

Aug 16, 2007

News Roundup - August 16, 2007

The Moscow Times: Vote Will Test Kazakhstan's Democracy
Parliamentary elections will be held in Kazakhstan on Saturday in a test of its leader's commitment to democratic reform, a commitment he may have already undermined by seizing the right to remain in office for life...
The Street: Borat in a Credit Jam
Is Borat the next victim of the subprime wipeout? A "special comment" issued Wednesday by ratings agency Moody's suggests it could be so...
Eurasia Daily Monitor: Economics and Security Closely Tied in Kazakhstan-Jordan Relationship
On August 9 Kazakhstan’s President Nursultan Nazarbayev met Jordan’s King Abdallah II in Astana, confirming his intention to expand ties between the two countries...
Freedom House: Background Reports on Kazakhstan Available
In advance of Kazakhstan’s upcoming parliamentary elections on August 18, Freedom House is making available its annual reports on the state of democratic development in Kazakhstan...
Radio Free Europe / Radio Liberty: RFE/RL's Uzbek Service -- U.S. Business Ventures Provide Valuable Lessons
Business has traditionally been a weak aspect of the Uzbek relationship with the United States, an association that has failed to flourish in the absence of significant economic and political reforms in Uzbekistan...
ABCMoney.co.uk: Global Credit Squeeze Highlights Kazakh Banks' Funding Vulnerability
Standard & Poor's Ratings Services said the long-standing concerns over the increasing international indebtedness of banks in Kazakhstan have been heightened in recent weeks following tightening liquidity and widening risk premiums due to the recent global credit squeeze, but said it does not plan to take any immediate rating actions on Kazakh banks...
Budapest Business Journal: Azerbaijan and Russia: Fight for Gas Market of Europe - Analysis
Over the period of past 15 years, Azerbaijan managed not only to magnetize great investments but also to establish enough extraction and transportation infrastructure to export oil and gas resources to the world market - special analysis by APA-Economics...
Radio Free Europe / Radio Liberty: Summit Shows Growing Interest In Shanghai Cooperation Organization
The presidents of the six members of the Shanghai Cooperation Organization: China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan will meet outside the Kyrgyz capital, Bishkek, on August 16 for their annual summit...
Institute for War and Peace Reporting: Kazak Leader Plays the Long Game
The upcoming election in Kazakstan looks set to run a well-worn path, with allies of the regime taking almost all the seats in parliament and little competition from the opposition. However, since no election was due till 2009 and President Nursultan Nazarbaev already controls the legislature and other branches of authority, there would seem at first sight to be no good reason for bringing the ballot date forward...
Institute for War and Peace Reporting: TV Debates Enliven Election Contest
Even though the presidential Nur Otan party has the most influence over the media in the current election campaign in Kazakstan, NBCentralAsia observers say that television debates between different parties are helping the electorate to vote with their eyes open...

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