News: Saturday, July 03, 2010 
Note From the Editor
Happy Capital’s Day!
Dear Valued Members,
Kazakhstan Newsline would like to wish you and your families a Happy Capital’s Day!
Due to the holiday, the next edition of the Kazakhstan Newsline daily digest will be published on Wednesday, June 7, 2010.
Enjoy the holiday!
The Kazakhstan Newsline Team
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Article of the Day
Turkish President to Visit
Turkey’s President Abdullah Gul will be in Kazakhstan from July 4 to 6 to help celebrate President Nursultan Nazarbayev’s birthday and the 13th anniversary of the founding of the capital, Astana.
In addition to meeting with Nazarbayev, Gul will huddle with leaders of several countries in the region who also will be in Astana to mark Nazarbayev’s birthday, according to businessneweurope.eu.
Turkey and Kazakhstan have had cordial relations in recent years.
A sign of that was Turkey’s recent decision to erect a statue to Nazarbayev in its capital of Ankara.
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Kazakhstan General
Nazarbayev visits Steelworks where His Career Started
ArcelorMittal will invest $40 in the modernization of its Temirtau steel plant this year, President Nursultan Nazarbayev said.
The president said that will be just the start
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Astana to host International Math Olympiad
By Lauren La Rose
Young math whizzes from more than 100 countries will be competing in the 51st annual International Mathematical Olympiad in Astana on July
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Aktau to build waste processing facility
Construction of a solid-waste processing plant is expected to begin in Aktau by the middle of next year, according to caspionet.kz.
The plant, which will be financed
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Oil and Gas Sector
Kazakhstan takes steps to prevent Gulf-type spill
By Oksana Sherbakova
The oil-rig disaster in the Gulf of Mexico has prompted Prime Minister Karim Massimov to order government officials to take a fresh look
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Ukraine proposes new Russia-Europe gas pipeline
By Natalia Zinets
Ukraine, which operates the main pipeline for Russian gas headed to Europe, has proposed an additional pipeline across its territory, Reuters reports.
The proposal comes
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Why China is acquiring Oil Properties
China is acquiring oil properties in Kazakhstan and elsewhere because its economy continues expanding, requiring it to obtain more sources of petroleum.
China’s oil consumption jumped from
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Energy Industry
U.N. Leader asks Kazakhstan to invest in Renewable Energy
The head of the United Nations agency that promotes industrial development to help countries eradicate poverty has urged Kazakhstan to invest in renewable energy to raise
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Finance and Investment
Banks wean themselves away from overseas funding
By Hal Foster
Kazakhstan’s banks have reduced their dependency on overseas funding from 53 percent of their capital before the financial crisis started in 2007 to 29
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Kazakhstan may seek $2 Billion from China for Smelters
By Nariman Gizitdinov
Kazakhstan may seek $2 billion in Chinese loans to build smelters that would help it realize a goal of doubling its metals output by
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Moody’s lowers Tsesnabank rating
Moody’s Investors Service has lowered Tsesnabank’s financial strength rating to E from E+.
Moody’s said it was concerned about the Astana-based bank’s bad loans and weak asset
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Trade and Consumer Goods
Russia loses flour share as Kazakhstan’s rises
Russia has been losing its share of the international flour market as neighboring Kazakhstan has become the world’s top flour exporter, Russian growers say.
Alexander Korbut, vice
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Communications and Transportation
Nazarbayev visits truck factory
PresidentNursultan Nazarbayev has checked out a Kazakhstan-Belarus joint venture in Karaganda that will produce heavy-duty trucks and mining equipment, according to Kazakhstan Today.
KazBelAz is a partnership
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Poland sends Cars by rail to Kazakhstan
Poland’s Adampol has begun shipping cars by rail to Kazakhstan.
It sends cars from its logistics center on the eastern border city of Malaszewicze into Belarus, then
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Regional Pharmaceutical and Healthcare News
Hospital train to serve rural areas
A hospital train will be traveling across Kazakhstan the next four months, providing medical care to those in remote areas, caspionet.kz reports.
Doctors from Astana will be
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Real Estate
The Fast Rise of Astana
By Clare Nuttall
Astana seems an empty place in winter, when the cold drives the population inside.
But this summer Kazakhstan capital's streets have been a
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Regional Business News
Clinton visits Ukraine, urging liberty, U.S. partnership
By Mary Beth Sheridan
U.S. Secretary of State Hillary Rodham Clinton kicked off a tour of former Soviet-bloc countries Friday by quietly warning Ukraine's new president not
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Accused Russian spy's ex-husband speaks up
By Henry Chu
It was the only choice of headline, really: "The spy who loved me."
The country that gave the world James Bond is now abuzz about
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Kaczynski may succeed Late Brother in Poland
By Derek Scally
Two months after Polish President Lech Kaczynski died in a plane crash in Russia, his twin brother Jaroslaw is close to succeeding him as
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'Big Losses' if Russia halts Iran's S-300s
Russia stands to lose billions of dollars in arms and aerospace deals with Tehran if the Kremlin sticks to its guns and refuses to deliver powerful
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Otunbayeva sworn in as Kyrgyzstan’s Caretaker President
Kyrgyzstan's interim leader Roza Otunbayeva was sworn in as the violence-torn country's caretaker president Saturday and will serve until Dec. 31, 2011, Xinhua reports.
The swearing-in of
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Tajikistan to develop U.N. peacekeepers
By Joshua Kucera
The U.S. Central Command has laid out some of its expanding military aid programs with Tajikistan, which includes a new training center at Karatog
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