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Silk Road Intelligencer: News Roundup - August 25, 2007

Aug 25, 2007

News Roundup - August 25, 2007

The Economist: Life without parole
Nursultan Nazarbayev must be very gratified. After 18 years as Kazakhstan's president, and 16 of post-Soviet independence, he has managed to bend its political system enough to bring it full circle...
The Economist: Not quite the pact that was
China, Russia and the countries sandwiched between them can stage a fine military show—but they are not about to merge into a new monolith...
CNN Money: Eni Moves Toward Friendly Settlement On Kashagan
Eni SpA (E) Chief Executive Paolo Scaroni said Friday that negotiations with the Kazakh government will begin Monday, in a first step toward a friendly settlement of a public dispute over the giant offshore Kashagan oil field...
Radio Free Europe / Radio Liberty: Kazakhstan Issues Warrant For Former Security Official
Kazakhstan's Prosecutor-General today announced an international arrest warrant for the former chairman of the Kazakh National Security Committee...
Radio Free Europe / Radio Liberty: Kazakhs Seek Austrian Rethink On Aliev Extradition
The Kazakh Prosecutor-General's Office has protested to Austrian officials over the rejection of an extradition request for a former son-in-law of Kazakh President Nursultan Nazarbaev...
Radio Free Europe / Radio Liberty:
Kazakhstan Urged To Probe Extradition Of Uzbeks
A Russian human rights group is calling on Kazakh authorities to investigate the extradition of 56 Uzbek asylum seekers to Uzbekistan over the past two years...
Radio Free Europe / Radio Liberty:
Kazakhs, Tajiks Scrutinize Ties Ahead Of Summit
RFE/RL's Kazakh Service reports that an official delegation from Tajikistan met in Astana today with members of the Kazakh government to discuss ways to improve mutual economic and cultural ties...
Forbes: Nokian Tyres in Talks to Build Plant in Kazakhstan
Nokian Tyres confirmed it is in talks about setting up a new production plant in Kazakhstan, but that no agreement has yet been made, the company said in a statement...
RIA Novosti: Ukraine, Kazakhstan Backed 'Grain OPEC' Idea - Russian Minister
Russia's agriculture minister said Friday that the idea to set up an international organization to coordinate grain markets has been backed by Ukraine and Kazakhstan...
RIA Novosti: Italy PM to Visit Kazakhstan Where Eni Faces Oil License Revocation
Italy's prime minister will visit Kazakhstan soon in an attempt to settle all outstanding issues with the country's government, which has threatened to revoke an oil field license from the Italian oil and gas giant Eni, an Italian newspaper reported Friday...
Financial Times: Kazkommertsbank and Other Kazakhstani Banks Pay the Price of Popularity in Global Sell-off
Kazkommertsbank’s (KKB) five-year CDS widened by 15bps-20bps today (21 August), despite the bank’s attempts to mollify debt investors yesterday during a 1H07 earnings call. The bank is one of several Kazakhstani financial institutions that have fallen victim to their own recent popularity as issuers...
Regnum: Expert: Russia and China Increase Their Presence in Kazakh Oil Sector
A statement made by Kazakh Environment Minister Nurlan Iskakov that there are substantial grounds to fully suspend works on the Kashagan field development are, first of all, a wish to replace the operator of the field...
Regnum: Kazakh Nur Otan Party Starts Procedure of Forming Majilis: The Media Asked to Leave the Audience
Nur Otan, the only party that won the parliamentary elections in Kazakhstan, has launched the procedure of forming the Majilis...
United Press International: Analysis: Is Azeri oil blessing or curse?
The 1991 collapse of the Soviet Union opened up the newly independent republics to the global economy, which has most notably been interested in their hydrocarbons. The clear winners in the race to develop Caspian energy reserves are Azerbaijan and Kazakhstan...
Wall Street Journal: On the Silk Road Again

What happens when four friends drive a new car across an ancient trade route, dodging camels, braving sudden sandstorms and off-roading around jade mines. A 1,700-mile road trip through a changing China...
Oil and Glory: Eight-Ball on the Caspian
Sometimes it's instructive in Caspian pipeline politics to recall the simple game of eight ball, in which players use any means to dispose of all their billiards for a chance at finally firing in the solid black ball...

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