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News: Monday, August 29, 2016 -- Issue 2565 http://www.newsline.kz/rss/

Article of the Day

Astana hosting Building a Nuclear-Weapon-Free World today conference
    Today, August 29, the Palace of Peace and Reconciliation of Astana is hosting the International Conference called - Building a Nuclear-Weapon-Free World. The conference is dedicated to the 25th anniversary of the closure of the Semipalatinsk Nuclear Testing Site.
    According to the Kazakh Senate, the forum takes place annually on the International Day against Nuclear Tests as per the resolution of the UN General Assembly.
    The forum includes plenary session and four panel sessions.
    Senate Speaker Kassym-Zhomart Tokayev says the 25th anniversary of the closure of the Semipalatinsk site is a date of global importance.
    "President Nursultan Nazarbayev is the recognized leader of the global anti-nuclear movement. His decision to close the Semipalatinsk Nuclear Testing Site was the first and the last precedent in global disarmament history. The idea of complete nuclear disarmament underlies his Manifesto – The World. The 21st Century. The anniversary of the closure of the Semipalatinsk Nuclear Testing Site is the best opportunity for the entire world community to consider the paramount importance of establishing sustainable peace on the planet and to propose new common solutions to security problems," Tokayev said.
    Parliamentarians for Nuclear Non-Proliferation and Disarmament (PNDD) is the co-organizer.
    Participants will honor the victims of the nuclear tests and will discuss urgent disarmament and non-proliferation issues. They will also make propositions to ensure international security.
    UN Under-Secretary General, Director General of the UN Office in Geneva, Secretary General of the Disarmament Conference Michael Møller, Executive Secretary of the Preparatory Commission of the Comprehensive Nuclear Test-Ban Treaty Organization Lassina Zerbo, President of the Inter-Parliamentary Union and Co-Chairman of PNND Saber Chowdhury, President of the Pan African Parliament Roger Nkodo Dang, Chairman of the Parliament of the World's Religions Imam Abdul Malik Mujahid, Founder of the Nevada-Semipalatinsk Anti-Nuclear Movement Olzhas Suleimenov along with other prominent officials from international organizations, NGOs, famous religious activists from more than 50 countries have gathered in Astana for the event.
    The event will end with the adoption of a final declaration, Kazinform reports.

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Kazakhstan General

OSCE supports workshop on best practices in border surveillance for Kazakh, Kyrgyz and Tajik border officials
    A five-day OSCE-supported workshop for twenty border officials from Kazakhstan, Kyrgyzstan and Tajikistan on best practices in border surveillance concluded on Friday at the OSCE Border ...
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Ban praises China on G20 agenda
    UN Secretary-General Ban Ki-Moon is pleased that China has invited a record number of African and developing countries to the summit next week [Xinhua]
    UN Secretary-General Ban ...
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Living with Semipalatinsk’s nuclear fallout
    By Joanna Lillis
    In the village of Znamenka in northeastern Kazakhstan, adults have vivid memories of nuclear explosions rocking the steppe.
    “We saw mushroom clouds — big and ...
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Kazakhstan made one of biggest contributions to achieving a world without nuclear weapons - expert
    Kazakhstan is a country that has contributed the most toward achieving a world without nuclear weapons, PNND UK Coordinator Rob van Riet says.
    He noted the process ...
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Oil and Gas Sector

Upstream, downstream project disposals pushing Kazakh oil and gas sector, Fitch says
    Over the medium term, Kazakhstan's oil and gas sector will be driven by ongoing and planned mega projects in upstream, oil & gas pipelines undergoing expansion, ...
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Chevron - expect a recovery
    Summary
    CVX saw weakness in its downstream segment last quarter due to gasoline oversupply that hurt refining margins, but investors can expect a turnaround.
    Refining margins are improving ...
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Islamic Development Bank to finance TAPI
    By Huseyn Hasanov
    The Islamic Development Bank (IDB) will take part in the financing of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline construction, Neutral Turkmenistan reports.
    The economic feasibility of ...
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Royal Dutch Shell Plc’s (RDS-A) - attractive stock on Friday
    By Robert Ebelling
    Moving Averages of Royal Dutch Shell Plc’s (RDS-A):
    Netherlands based company, Royal Dutch Shell Plc’s (RDS-A)’s latest closing price distance was at 5.78% from the ...
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Oil prices fall on rising Iraq output, doubt over producer talk prospects
    By Henning Gloystein
    Oil prices fell early on Monday as output from Iraq rose and as Iran said it would only cooperate in upcoming producer talks to ...
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Energy Industry

Kazakhstan starts construction of Low Enriched Uranium bank
    By Elena Kosolapova
    Kazakhstan started construction of Low Enriched Uranium (LEU) bank, Novosti-Kazakhstan quoted deputy head of Kazakhs Energy Ministry’s Atomic Committee Timur Zhantikin as saying.
    Kazakhstan ...
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Finance and Investment

ADB to provide $240 million to help Kazakhstan modernize transport
    The Asian Development Bank (ADB) has approved a $240.3 million loan to assist Kazakhstan to modernize its transportation system, a statement from ADB said on August ...
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From "made in China" to "created in China," Kazakh people bear witness
    "Lenovo, Huawei, Xiaomi...... Many young people in Kazakhstan are using more and more products made in China with advanced technology," Gulmira Nurumgaliyeva told Xinhua on Saturday.
    Gulmira, ...
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Kazakhtelecom boosted net profit by 17% year-on-year in H1 2016
    By Dias Kabyltayev
    Excluding the loss from joint venture, H1 2016 net profit of Kazakhtelecom increased by KZT 2,8 billion (17% year-on-year).
    The company managed to exceed Halyk ...
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Kazakhstan attracts $20 bln foreign investments every year
    Kazakhstan attracts around $20 bln foreign investments every year, according to Acting Chairman of the Investments Committee of the Kazakh Ministry of Investments and Development Ruslan ...
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Metals and Minerals

Life's no beach for Ivan Glasenberg's Glencore
    By Colin Kruger
    Glencore boss "Aussie" Ivan Glasenberg has more reason to feel humble despite the commodities trader recovering from last year's near-death experience which forced it ...
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Polymetal International Plc’s “underperform” rating teaffirmed at Jefferies Group
    By Amy Steele
    Polymetal International Plc logoJefferies Group reiterated their underperform rating on shares of Polymetal International Plc (LON:POLY) in a research note published on Thursday morning. ...
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Trade and Consumer Goods

Kyrgyz-Kazakh trade fell 12% in H1 2016
    Kyrgyzstan reduced its trade with Kazakhstan by 12% over the first six months of the current year, National Statistics Committee materials obtained by Tazabek said.
    Kyrgyz-Kazakh trade ...
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EEU-Vietnam free trade agreement to become active on October 5
    The Eurasian Economic Union and Vietnam” free trade agreement will become active on October 5, the Eurasian Economic Commission said.
    All ratification procedures are now complete, EEC ...
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Kyrgyzstan's trade with EEU down by 28.9% in H1
    Kyrgyzstan's trade with the Eurasian Economic Union countries went down by 28.9% in January-June 2016, Tazabek reports, citing the National Statistics Committee.
    During this period, trade between ...
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Sports

Kazakhstan crowned miniEURO champions
    The 7th edition of the Minifootball European Championship came to a close this weekend with Kazakhstan taking on Croatia in the final.
    This final made sure that ...
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Regional News

Karimov in hospital as succession issue looms
    By Olzhas Auyezov
    Islam Karimov, the 78-year-old president of Central Asia's most populous country, is undergoing hospital treatment, Uzbekistan's government said on Sunday, in a rare statement ...
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Turkey flexes muscle in northern Syria
    By Ben Wedeman
    Gaziantep, Turkey (CNN)Turkey flexed its military muscle across the border in war-torn Syria this week by helping rebels retake the border town of Jarablus ...
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Russia lifts ban on charter flights to Turkey
    By Katya Golubkova
    Russia on Sunday lifted its ban on charter flights to Turkey, the government said on its website.
    Russia banned charter flights to Turkey, which was ...
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Russian journalist Shchetinin found dead in Kyiv flat
    Some years ago, the journalist gave up his Russian citizenship and became a Ukrainian citizen
    Russian journalist Alexander Shchetinin, who was living in Kyiv, has been found ...
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Germany, Poland and France call for more efforts to end Ukraine crisis
    By Andrea Shalal
    German Foreign Minister Frank-Walter Steinmeier (R) talks to the Poland's Foreign Minister Witold Waszczykowski (L) and French Foreign Minister Jean-Marc Ayraultin in Weimar, Germany, ...
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Thanks to the EU's bungling, Russia will inevitably win in Ukraine
    By Christopher Booker
    Can there have been any great international drama in which Western politicians have more completely stood reality on its head than the unending crisis ...
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Moscow Fire Kills 17 Kyrgyz Migrant Workers
    Russia's emergency services said a fire broke out at a warehouse in Moscow, killing 17 migrant workers from Kyrgyzstan.
    The blaze at a printing warehouse occurred early ...
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Trial of Kyrgyz opposition figure adjourned
    The trial of five members of Kyrgyzstan's opposition People's Parliament has been adjourned.
    The Birinchi Mai District court in Bishkek ruled that the trial must be postponed ...
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Alleged Islamic State recruiter from Russia detained in Bishkek
    Kyrgyz authorities say they have detained a Russian citizen on suspicion of recruiting Kyrgyz nationals to fight for the Islamic State (IS) extremist group in Iraq ...
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Uzbekistan launches high-speed rail operation
    By Demir Azizov
    "Uzbekistan Temir Yollari" ("Uzbekistan Railways") JSC launched the high-speed rail operation on the Tashkent-Bukhara route through Samarkand, the company said.
    According to the company, Afrosiyob ...
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Berdymukhammedov plans rare visit to Berlin
    Turkmen President Gurbanguly Berdymukhammedov plans a rare visit to Berlin on August 29, where the head of one of the world's most closed countries is expected ...
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Turkmenistan opening IAEA office
    By Huseyn Hasanov
    Turkmenistan is opening its permanent representative fromfice under the International Atomic Energy Agency (IAEA), Turkmen President Gurbanguly Berdimuhamedov’s decree said Aug. 27.
    According to the ...
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Prices and Statistics

Commodities
    

Date: August 29, 2016; Source: Bloomberg.com

Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/bbl. 46.98 -0.66 -1.39% Oct 2016 1:08 AM
USD/bbl. 49.33 -0.59 -1.18% Oct 2016 1:08 AM
USd/gal. 149.47 -1.81 -1.20% Sep 2016 12:21 AM
USD/MMBtu 2.86 -0.01 -0.45% Sep 2016 12:45 AM
USd/gal. 148.98 -0.74 -0.49% Sep 2016 1:00 AM
 
Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/t oz. 1,320.90 -5.00 -0.38% Dec 2016 1:08 AM
USD/t oz. 1,318.73 -2.45 -0.19% N/A 1:18 AM
USD/t oz. 18.56 -0.19 -1.01% Dec 2016 1:08 AM
USd/lb. 208.60 +0.15 +0.07% Dec 2016 1:03 AM
USD/t oz. 1,073.95 +0.15 +0.01% N/A 1:18 AM
Index Units Price Change %Change Contract Time (EDT) 2 Day
USd/bu. 326.50 +1.50 +0.46% Dec 2016 1:08 AM
USd/bu. 405.50 -2.00 -0.49% Dec 2016 1:08 AM
USD/MT 3,015.00 -13.00 -0.43% Dec 2016 8/26/2016
USd/lb. 67.83 -0.20 -0.29% Dec 2016 1:02 AM
USd/lb. 106.35 -2.17 -2.00% Oct 2016 8/26/2016
 

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Exchange Rates
    

Date: August 29, 2016; Source: the National Bank of Kazakhstan

1 USD KZT 338.73 1 CHF

KZT 350.47

1 CNY

KZT 50.79

1 TRY KZT 115.34 1 JPY KZT 3.37
1 EUR

KZT 382.46

1 AUD

KZT 258.65

1 KGS KZT 4.93 100 UZS KZT 11.37 100 BYN KZT 173.98
1 GBP KZT 447.02 1 CAD KZT 262.68 1 RUB KZT 5.23 100 KRW KZT 30.41 1 UAH KZT 13.3

 

 

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