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via finance.yahoo12/14/2020

Kazakhstan says Karachaganak profit-sharing dispute settled - Yahoo Finance

NUR-SULTAN, Dec 14 (Reuters) - A consortium including Shell , Chevron, Eni and Lukoil has paid Kazakhstan $1.3 billion to settle a profit-sharing dispute, the Central Asian nation's energy ministry said on Monday. The sides have also agreed that Kazakhstan will receive a greater share in future profits and will now move ahead with a $1 billion project aimed at prolonging the Karachaganak gas condensate field's peak output, the ministry said in a statement.

via finance.yahoo12/13/2020

Emerging Markets Look to Vaccine Rollout, Stimulus for Next Spur - Yahoo Finance

(Bloomberg) -- Emerging markets are closing in on the final phase of 2020 with investors anticipating further stimulus while keeping a close eye on the rollout of vaccination programs.Continued support from central banks and optimism that coronavirus vaccine developments will sustain a global economic recovery next year have fueled a rush to riskier assets, sending gauges of developing-nation stocks, currencies and bonds to six straight weeks of gains.While at least 10 central banks in developing economies are scheduled to set monetary policy this week, none will be as closely watched as the Federal Reserve. The suspense centers on whether the U.S. central bank will adjust its bond-buying program or alter its guidance for future purchases.“Policy makers look poised to continue to support the recovery with fiscal action, and given persistently low inflation, we think central banks will keep policy rates low for years,” said Madison Faller, a London-based global investments strategist at J.P. Morgan Private Bank. “Such policy support will continue to drive investment outcomes and underlines our view that risk assets have room to run from here. A modestly weakening dollar has also led us to consider beneficiaries like emerging markets.”Economic data will likewise serve as a guide on the progress of the global recovery. China will release a slew of economic data Tuesday that’s likely to show a continued rebound from the pandemic.After the SurpriseCentral banks in Indonesia and the Philippines are expected to hold their key interest rates on Thursday after authorities in both nations delivered surprise rate cuts in NovemberSignals for an extended period of steady rates could boost their currencies, which are underperforming their peers in Asia this month“Bank Indonesia and Bangko Sentral ng Pilipinas are probably close to, if not already at, the end of their respective easing cycles,” said Eugene Leow, a fixed-income strategist at DBS Group Holdings Ltd. in Singapore. “With the magnitude of easing already comparable to what the Fed has done, room to do more may be limited. Financial stability considerations will start to weigh more heavily going forward”Bank Indonesia Governor Perry Warjiyo said earlier this month that monetary stimulus will “continue in 2021” while Bangko Sentral ng Pilipinas Governor Benjamin Diokno has said the central bank has ample room to keep an accommodative policy and stands ready to use a full range of toolsLeaving the Door OpenAhead of Friday’s rate decision, the Russian ruble’s one-week implied volatility rose for the first time in six weeks in the five days through Friday following comments from Governor Elvira Nabiullina that suggested the central bank will put off easing until the new yearNabiullina said in an interview that the bank is running out of room to cut interest rates, but could bring its benchmark below 4% if conditions change substantially“We wouldn’t rule out a move on Friday, especially if the ruble continues to rebound,” Bloomberg Economics said in a report. “But caution favors waiting until February, when policy makers will have more data in hand”Policy makers in Hungary and the Czech Republic will probably keep borrowing costs on hold on Tuesday and Thursday, respectivelyRead: Hungary Inflation Slows Further to Put Deposit Tender in FocusRead: Slowing Price Growth Boosts Argument for Czech Rate-Hike DelayCentral banks in Kazakhstan, Uganda, Mozambique will also decide on policyMexico, Colombia DecideMexico’s central bank is expected to hold interest rates steady on Thursday as it waits for more information to resume its easing cycle, according to Bloomberg EconomicsColombian policy makers will probably also keep their monetary policy rate on hold on Friday, according to economists surveyed by BloombergOctober retail sales and industrial production data, to be released on Monday, may provide traders with clues on the scope of Colombia’s recoveryInvestors will watch meeting minutes out of Brazil on Tuesday. The central bank surprisingly last week signaled it may be unable to fulfill its pledge to keep interest rates at a record low for long, due to rising inflation expectationsThe Mexican peso was the worst performer in emerging markets last week, while the Colombian peso and Brazilian real were among the top gainersData and EventsChina’s industrial production, retail sales and fixed-asset investment are all expected to see acceleration, according to Bloomberg EconomicsFurther evidence of China’s recovery is almost sure to stoke optimism on the country’s stocks for 2021. Fund managers surveyed by Bloomberg see the Shanghai Composite Index rising about 10% from current levels by the end of next yearThe People’s Bank of China will conduct liquidity operations via medium-term loans on TuesdayIndonesia and India will report November trade figures on Tuesday. Exports in the former are seen rising for the first time since JuneStronger growth and a low interest-rate environment will continue to benefit lagging stock markets like those of Indonesia and India, which will likely see a much better 2021, according to Blackrock Investment InstituteIn what might be a welcome change for policy makers, India’s inflation numbers due Monday are likely to show a slowdown in NovemberPrice pressures are still turning out to be more persistent than expected, Bloomberg Economics said, just as the government is said to be considering recommending a looser inflation target for the central bankSouth Korean employment data on Wednesday may show joblessness edged higher in NovemberArgentine inflation for November, scheduled for Tuesday, may show another relatively high reading for the month, despite currency and price controls, Bloomberg Economics forecastsOn Wednesday, investors will home in on third-quarter gross domestic product figures for insight on how the South American nation is faring amid the pandemic.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

via neweurope.eu12/11/2020

Kazakh capital Nur-Sultan in 'red zone' for coronavirus - New Europe

NUR-SULTAN, Kazakhstan - The capital of Kazakhstan, Nur-Sultan, has been in the red zone for the spread of coronavirus since December 10, Nur-Sultan’s Chief Sanitary Doctor Zhanna Pralieva said during an online briefing on December 11. “Since December 10, the city has been in the ‘red zone’, and

via rferl.org12/11/2020

2020: The Year's Best From RFE/RL's Photographers - Radio Free Europe/ Radio Liberty

From the coronavirus pandemic to embattled protests in Belarus, these are some of the most striking images of the year from RFE/RL's photographers. A girl sits inside the Holy Trinity Cathedral in Tbilisi, Georgia, during the Epiphany mass on January 19. (Mzia Saganelidze, RFE/RL) Ukraine...

via astanatimes12/09/2020

Kazakhstan Marks International Volunteer Day - Astana Times

NUR-SULTAN –  Kazakhstan marked International Volunteer Day Dec. 5 to celebrate the spirit of volunteering and to recognize the impact that volunteers make on society every year. Established by the United Nations, Volunteer Day has been celebrated worldwide since 1985.  Kazakhstan has witnessed a steady growth in volunteerism over the past years.  “International Volunteers Day…

via astanatimes12/08/2020

Superheroes Among Us: UN in Kazakhstan Presents Exhibition Dedicated to Strong, Independent Women on Frontline of COVID-19 response - Astana Times

NUR-SULTAN – Determined, charming and courageous. This is how the superwomen are described in the United Nations (UN) photo exhibition dedicated to women on the frontline of the COVID-19 response in the Kazakh capital.  The event is held as part of the 16 Days of Activism – a part of the Gender Violence against Women…

via menafn12/07/2020

Kazakhstan extends COVID-19-related quarantine restrictions at Tengiz oil-gas field - MENAFN.COM

BAKU, Azerbaijan, Dec.7


Quarantine restrictions related to the COVID-19 pandemic were extended at the Tengiz, Prorva, and Morskoy fields in Kazakhstan's Atyrau region in accordance with the decree signed by the acting chief sanitary doctor of Zhylyoi district D. Zharylgasova, [To enable links contact

via in.reuters12/13/2020

REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT - Reuters India

Here are the top stories and upcoming coverage plans for Reuters text service as of 6 a.m. SGT/10 p.m. GMT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning or on Media Express http://mediaexpress.reuters.com...

via inform.kz12/12/2020

Kazakh President to address online Climate Ambition Summit - Kazinform

NUR-SULTAN. KAZINFORM – The Kazakh President, Kassym-Jomart Tokayev, is to address the Climate Ambition Summit to be held to mark 5 years since the adoption of the Paris Climate Agreement in a video message, Kazinform has learnt from the Facebook page of the President’s Press Secretary Berik Uali.

via ndtv12/10/2020

Who's Buying All The Covid Vaccine And Where Does India Stand - NDTV

India has made advance purchase of the maximum amount of Covid vaccine in the world with 1.6 billion doses, but it would only cover 59 per cent of its population. A study by the Duke University of the US shows a huge gap in the vaccine purchase of rich nations and developing countries. High income countries have purchased as many vaccine doses as possible to increase their chances of covering their whole population multiple times. Middle and lower-middle income countries do not have enough to vaccinate everyone.

via menafn12/10/2020

Kazakhstan reports 777 new COVID-19 cases in 24 hrs - MENAFN.COM

In the past 24 hours, Kazakhstan has added 777 new cases of the coronavirus infection, pushing the total caseload to 139,159, Trend reports citing Kazinform .

The Kazakh capital, Nu

via neweurope.eu12/08/2020

New outbreak of coronavirus at Kazakhstan's Tengiz field - New Europe

NUR-SULTAN, Kazakhstan - Another 15 doctors will go from Atyrau city to the Tengiz field in northwestern Kazakhstan, the head of the health department of the Atyrau region, Nina Ospanova, said at briefing on December 8. “We received a letter from TengizChevroil (TCO), informing about the opening

via astanatimes12/08/2020

Kazakh President Tokayev Addresses Artificial Intelligence Conference Together With Russian President Putin - Astana Times

NUR-SULTAN – Kazakh President Kassym-Jomart Tokayev participated in the Artificial Intelligence Journey conference that gathered over 28,000 participants from over 90 countries Dec. 3-5, Akorda reported.  Artificial Intelligence Journey is a series of events focusing on artificial intelligence and data analysis and hosted by international companies, including Russian ones, working in AI technology development and…

via eureporter.co12/07/2020

Kazakhstan’s Kairat Abdrakhmanov appointed OSCE High Commissioner on National Minorities - EU Reporter

Kairat Abdrakhmanov. Photo credit: Kazakh Foreign Ministry Kazakh diplomat and Kazakhstan’s Ambassador to Sweden and Denmark Kairat Abdrakhmanov (pictured) was appointed High Commissioner on National Minorities (HCNM) at the Organization for Security and Co-operation in Europe (OSCE), said Kazakh Foreign Minister Mukhtar Tileuberdi at a press briefing on 4 December, writes Assel Satubaldina. The decision […]

via astanatimes12/11/2020

Almaty Officials Introduce New Coronavirus Restrictions, Situation Stable - Astana Times

NUR-SULTAN – Kazakh officials report that the epidemiological situation is generally stable in the country, with some regions witnessing a relative surge in COVID-19 cases. Almaty akim (mayor) Bakytzhan Sagintayev and Kazakh Deputy Prime Minister Yeraly Tugzhanov said the coronavirus restrictions will be strengthened in Almaty, as the city witnesses a surge in coronavirus cases. …

via koreaherald12/11/2020

Movie director Kim Ki-duk dies of coronavirus - The Korea Herald

South Korean movie director Kim Ki-duk died of complications from COVID-19 in Latvia on Friday.  News reports from Russia said the director died in the hospital from complications associated with COVID-19. Kim Ki-duk's family confirmed to multiple Korean media that the news was correct and that they had received a call on the day.  According to the sources, Kim arrived in Latvia in the middle of las...

via ndtv12/10/2020

Rich Nations Stockpiling Covid Vaccine, Not Enough For Rest: US Study - NDTV

India has made advance purchase of the maximum amount of Covid vaccine in the world with 1.6 billion doses, but it would only cover 59 per cent of its population. A study by the Duke University of the US shows a huge gap in the vaccine purchase of rich nations and developing countries. High income countries have purchased as many vaccine doses as possible to increase their chances of covering their whole population multiple times. Middle and lower-middle income countries do not have enough to vaccinate everyone.

via astanatimes12/10/2020

Majilis Election 2021: Agenda and Effects of Primaries on Electoral Performance - Astana Times

Here’s the continuation of stories that feature the forthcoming Majilis (a lower house of the Kazakh Parliament) election, which will be held on Jan.10, 2021. In the first part of this series the program and visions of five political parties taking election were presented. Now the election’s major features and agenda come into spotlight.  What’s…

via astanatimes12/08/2020

Kazakhstan Supports Recent OPEC Agreement to Raise Oil Production - Astana Times

NUR-SULTAN – Kazakhstan supported the recent agreement of the Organization of Petroleum Exporting Countries (OPEC) to modestly raise oil production, according to the Kazakh Energy Ministry’s press service.  At their latest meeting on Dec. 3, OPEC and other oil-producing nations, including Kazakhstan and Russia, known as OPEC+, agreed to increase oil production by 500,000 barrels…

via eureporter.co12/07/2020

EU agrees VAT relief for vaccines and testing kits - EU Reporter

The Commission has welcomed the adoption of important new measures which will enable member states to relieve EU hospitals, medical practitioners and individuals of  VAT when acquiring coronavirus vaccines and testing kits. The new rules, adopted unanimously by all member states and based on a Commission proposal of 28 October (as part of the Communication […]