Kazakhstan Real Estate News
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Kazakhstan Real Estate News |
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| Angry Kazakhstan props up bank shares |
Global Financial Turmoil Hits Credit Rating |
Kazakhstan will respond to an "attack" by hedge funds by buying shares next week in the country's banks that are listed on foreign exchanges to support prices, its prime minister said.
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Kazakhstan, thriving on oil and gas exports, has long boasted one of Eurasia's most dynamic economies. |
| Kazakhstan's Ratings Lowered |
Kazakhstan: Big politics and human lives |
| Standard & Poor's has lowered Kazakhstan's sovereign rating to BBB- and Fitch has changed its prognosis for the analogical rating from positive to stable. |
But politics first: Andy-taker draws attention to the fact that ministers in Kazakhstan are being reshuffled, migrating from one government to another in a manner which bears no particular relation to their professions. |
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Angry Kazakhstan props up bank shares
Kazakhstan will respond to an "attack" by hedge funds by buying shares next week in the country's banks that are listed on foreign exchanges to support prices, its prime minister said. "Kazakhstan is under attack from hedge funds and we will fight back," Karim Masimov said
Global Financial Turmoil Hits Credit Rating
Kazakhstan, thriving on oil and gas exports, has long boasted one of Eurasia's most dynamic economies. But it seems that not even the towering Altai Mountains can shield Central Asia's economic giant from the turmoil swirling on international credit markets.
Kazakhstan's Ratings Lowered
Standard & Poor's has lowered Kazakhstan's sovereign rating to BBB- and Fitch has changed its prognosis for the analogical rating from positive to stable. Both companies say they expect effects from the credit crisis to hit the country, but note that high oil prices will soften the blow.
Kazakhstan: Big politics and human lives
But politics first: Andy-taker draws attention to the fact that ministers in Kazakhstan are being reshuffled, migrating from one government to another in a manner which bears no particular relation to their professions.
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