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A fine balance for Obama to strike

American presidents sometimes give interviews in the Oval Office. On this occasion Barack Obama chooses the nearby Roosevelt room, named after Teddy Roosevelt and his distant relative Franklin Delano Roosevelt, the last American president to be faced with a global economic crisis of this magnitude.

2 2009 | Viewed: 801 | News / Review of Mass Media | Read full
Kazakhstan Seeks to Expand Oil Outlets

The oil-rich Central Asian nation of Kazakhstan urgently needs more export capacity to cope with a big uptick in its oil production over the next decade, a senior Chevron executive said.

A rare bright spot in the global energy industry, Kazakhstan is expected to nearly double oil output by 2020, becoming one of the world's top 10 crude producers. But the landlocked country has few viable export outlets, with the bulk of its oil passing through Russia.

18 2009 | Viewed: 771 | News / Review of Mass Media | Read full
Kazakhstan to pump cash into nationalized banks

Kazakhstan will pump funds into recently nationalized banks to help stabilize the steadily worsening economy, the country's prime minister said Monday.

16 2009 | Viewed: 733 | News / Review of Mass Media | Read full
Kazakhstan may be poised to cut the value of its currency

The Kazakh president has reappointed the veteran Grigori Marchenko as head of the central bank, stoking speculation that the country is poised to devalue its currency.

26 2009 | Viewed: 933 | News / Review of Mass Media | Read full
George Soros: The Right and Wrong Way to Bail Out the Banks

According to reports in Washington, the Obama administration may be close to devoting as much as $100bn of the second tranche of the troubled asset relief programme funds to creating an "aggregator bank" that would remove toxic securities from the balance sheets of banks.

23 2009 | Viewed: 786 | News / Review of Mass Media | Read full
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