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IFC Trains Central Asia Bankers to Finance Small Businesses, Help Create Jobs

Almaty, Kazakhstan, October 12, 2011-IFC, a member of the World Bank Group, is training bankers in Central Asia to develop their ability to provide financial services to small and medium enterprises, helping create new jobs and sustain economic recovery.

14 2011 | Viewed: 756 | News / Theme of day | Read full
Eurasian Bank Works! (9M2011 Results)

Almaty, October 12, 2011 - Eurasian Bank presented its results for the first nine months of 2011. The continued positive dynamics of key financial information in the unconsolidated statements shows that the Bank has transformed into a reliable and growing financial institution with leadership ambitions.

13 2011 | Viewed: 1 105 | News / Theme of day | Read full
Beijing and Moscow to put $1bn each in fund

China's main sovereign wealth fund will invest $1bn with its Russian counterpart, in a move that will be matched by the Russian Direct Investment Fund as it sees its first capital commitment since it was established in June.

12 2011 | Viewed: 455 | Foreign experience | Read full
UPDATE 3-ENRC takes up $650 mln option to control Kazakh miner

Miner ENRC plans to buy the outstanding 75 percent of Kazakh coal producer Shubarkol Komir from ENRC's founder shareholders for up to $650 million, giving it access to low-cost coal for its existing operations and expansion plans.

12 2011 | Viewed: 535 | News / Review of Mass Media | Read full
US currency bill passes Senate vote

A bill that aims to punish Beijing for holding down its currency passed the Senate on Tuesday despite a warning from China that the legislation could plunge the global economy into a 1930s-like depression.

12 2011 | Viewed: 414 | News / Theme of day | Read full
Slovakia blocks euro rescue fund

The parliament of tiny Slovakia stalled the expansion of a bailout fund to rescue the euro zone from its debt crisis on Tuesday, but international lenders said they were likely to grant a loan to Greece next month, buying time for a broader response.

12 2011 | Viewed: 496 | News / Theme of day | Read full
Call for News Corp vote against Murdochs

News Corp faced intensifying pressure for corporate governance changes on Monday as the biggest investor advisory group in the US recommended shareholders vote against the re-election of 13 of the media company's 15 directors, including Rupert Murdoch, chairman and chief executive.

11 2011 | Viewed: 567 | Foreign experience | Read full
Huffington Post plans international edition

The Huffington Post is planning to create an international version of its news aggregation and blogging website this year in partnership with the publisher of Le Monde.

11 2011 | Viewed: 462 | Foreign experience | Read full
Metro chief to quit after media speculation

The chief executive of Metro, the world's fourth largest retailer by sales, has decided not seek the extension of his contract beyond next year following media speculation that he had lost the confidence of some members of the group's supervisory board.

11 2011 | Viewed: 497 | Foreign experience | Read full
KazMunaiGas EP oil output falls on strike, power cuts

ALMATY, Oct 10 (Reuters) - KazMunaiGas Exploration Production said on Monday its crude oil production would fall 8.4 percent below target this year as a result of a long-running labour dispute and emergency power cuts at some of its oilfields.

11 2011 | Viewed: 525 | Analytics | Read full
Beijing intervenes to help stabilise banks

The Chinese government will boost its stakes in the country's largest banks, as it attempts to shore up slumping financial stocks and to restore investor confidence.

11 2011 | Viewed: 369 | News / Theme of day | Read full
Banks to be forced to boost liquid assets

Global banking regulators will press ahead with the first worldwide effort to force banks to hold more liquid assets and cut back the industry's reliance on short-term funding, despite complaints that the rule changes could damage the broader economy, the new chairman of the Basel Committee on Banking Supervision has warned.

11 2011 | Viewed: 491 | Foreign experience | Read full
Cracks in Beijings financial edifice

The last time - in late 2008 - that economic peril was stalking the US and Europe, China marshalled the might of its state-directed economy and engineered a muscular rebound that led the subsequent global recovery.

11 2011 | Viewed: 475 | Analytics | Read full
Time short for eurozone, says Cameron

David Cameron has urged European leaders to take a "big bazooka" approach to resolving the eurozone crisis, warning they have just a matter of weeks to avert economic disaster.

11 2011 | Viewed: 448 | News / Theme of day | Read full
A Divide Over Valuing Greek Debt

Three big lenders have limited writedowns to 21 percent.

11 2011 | Viewed: 457 | Foreign experience | Read full
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Interview with Sholpan Kozhamkulova

Sholpan Kozhamkulova
Sholpan Kozhamkulova, Ph.D., Assistant Professor, Chair, Department of Journalism and Mass Communication, KIMEP, Almaty

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