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News: Friday, July 23, 2010 http://www.newsline.kz/rss/

Article of the Day

Four infected with Anthrax near Almaty
    Four residents of Kazatkom settlement in Almaty Oblast have become infected with anthrax, the Ministry of Health says.
    The four had slaughtered cattle without using proper sanitation methods, the ministry said.
    Even though the patients have a milder form of the disease, health-care officials are taking precautions because “it can turn into the septic form and lead to death,” according to Dr. Inna Moskalyova. She is the deputy head doctor at the Kaskelen Hospital for Infectious Disease.
    Anthrax, an often-virulent disease that some countries have developed into a biological weapon, can be passed from livestock to humans.
    The four anthrax patients are in isolation in a hospital and are being watched 24 hours a day, the ministry said.
    The Kazatkom settlement, 70 kilometers from Almaty, is under quarantine, with no one allowed in or out, according to Caspionet.kz.

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Kazakhstan General

Kazakhstan to host Military Exercises
    The Shanghai Cooperation Organization will conduct anti-terrorism exercises from September 9 to 25 in Kazakhstan, the Russian news agency RIA Novosti reports.
    The exercises, codenamed Peace Mission
     Full text available for subscribed users...

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Nanotechnology Fund Partners chosen
    Russia’s VTB Asset Management and the United Kingdom-based venture capital firm I2BF will jointly manage the Russia-Kazakhstan Nanotechnology Venture Fund.
    Russia’s state-owned nanotechnology company Rosnano and Kazakhstan’s
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Kazakhstani Bookies furious at Paul the Octopus
    Paul the Octopus may have become a national hero in Spain, but he is the nemesis of bookmakers in Kazakhstan, who blame the octopus oracle for
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Police find Tsarist-era Rifle
    Petropavlovsk police checking a complaint of illegal weapons at a home have come across a tsarist-era rifle 103 years old.
    The owner said his father passed the
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Oil and Gas Sector

Billionaire’s Company loses Gas Plant Contract
    A Moldovan billionaire’s company has lost its contract to construct the $320-million Borankol gas processing plant after doing no work on the project for 18 months.
    The
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Ministry cancels Caspian Gas license
    The Oil and Gas Ministry has revoked Caspian Gas Corporation’s license to develop the Shagyrly-Shomyshty gas deposit because of a sizable debt it owes BTA Bank.
    The
     Full text available for subscribed users...

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Roxi struggles at Ravninnoe Oil Field
    Roxi Petroleum continues to struggle in its quest to produce commercial quantities of oil in Kazakhstan’s Ravninnoe field.
    The geologically complex field has required expensive drilling that
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Finance and Investment

Samruk-Kazyna among Wealth Funds seeking Private Capital
    By Natsuko Waki
    A curious trend is developing among powerful sovereign and state-backed investment funds, including Kazakhstan’s Samruk-Kazyna Fund.
    Despite being super rich in mainly oil-generated wealth, they
     Full text available for subscribed users...

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Bank Lending lags Kazakhstan Recovery
    By Clare Nuttall
    Kazakhstan's bank lending continues to lag the economic recovery, with the volume of loans this year expected to be only half of what was
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BTA sues Ex-Chairman in His New Home, London
    When Kazakhstan’s BTA Bank defaulted last year, its chairman fled to London to avoid facing charges of embezzling $1.2 billion from the bank.
    Now BTA is going
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Moody’s rates Kazinvestbank
    Moody's Investors Service has assigned deposit ratings of B2 to Kazinvestbank, according to a Moody’s press release.
    It has given Kazinvest a financial strength rating of E+.
    The
     Full text available for subscribed users...

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Trade and Consumer Goods

Sturgeon Industry to be nationalized
    Kazakhstan will nationalize its sturgeon industry on January 1 because the fish’s numbers are plummeting at an alarming rate.
    Kazakhstani officials have already asked the other countries
     Full text available for subscribed users...

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Communications and Transportation

China Telecom plans Cable across Kazakhstan
    By Mary Lennighan
    China Telecom Europe is working with Kaztelecom on a telephone cable across Kazakhstan to connect China with Europe.
    Like China Telecom Europe’s three other land
     Full text available for subscribed users...

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Regional Business News

U.S. apologizes to Russia in Drug Case
    By Robert Burns
    The United States apologized to Russia on Thursday for what it called a diplomatic slip-up in the case of a Russian pilot arrested in
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Russia boosts Power-plant Security after Bombing
    The Russian Interior Ministry and law enforcement agencies are increasing security at strategic sites, including hydropower plants and other power facilities, in the wake of Wednesday’s
     Full text available for subscribed users...

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Britain bars Spy Chapman from Visiting
    Britain has revoked Russian spy Anna Chapman's citizenship and barred her from even visiting the country again, the Associated Press reports.
    Chapman's attorney Robert Baum said she
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The Asbestos Industry’s Global Lobbying Effort
    By Jim Morris
    A global network of lobby groups has spent nearly $100 million since the mid-1980s to preserve the international market for asbestos, the International Consortium
     Full text available for subscribed users...

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Lithuania to build a Floating Liquefied-gas Plant
    Lithuania will build a floating liquefied natural gas plant in the Baltic Sea to become less dependent on Russian supplies.
    Prime Minister Andrius Kubilius said the $370
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Russia to sell Stockpiled Grain to Ranchers
    By Nataliya Vasilyeva
    Russia will begin selling stockpiled grain to its struggling meat and dairy producers because of a drought that has ruined a fifth of the
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Chinese Fighter leaves Mark on Air Show
    China has one of the world’s largest air forces, but its technology lags that of developed nations.
    Still, Chinese aircraft left their mark on the Farnborough International
     Full text available for subscribed users...

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Prices and Statistics

Volume and Share Index by Visor Capital
    Date: July 23, 2010; Source: Visor Capital
Volume and Share Index

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Market Movers by Visor Capital
    Date: July 23, 2010; Source: Visor Capital Market Movers

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Oil and Gas Prices
    Date: July 23, 2010; Source: Bloomberg.com
Petroleum ($/bbl)
Price* Change %Change Time
Nymex Crude Future

79.08

-.22

-.28

02:42
Dated Brent Spot 77.07 -.23 -.30 02:52
WTI Cushing Spot 79.03 2.77

3.63

07/22
Petroleum (cent/gal)
Price* Change %Change Time
Nymex Heating Oil Future

205.86

-.38

-.18

02:41

Nymex RBOB Gasoline Future

214.30

-.36 -.17 02:32
Natural gas ($/MMBtu)
Price* Change %Change Time
Nymex Henry Hub Future 4.63 -.02 -.32 02:41
Henry Hub Spot 4.68 -.02 -.43 07/22
New York City Gate Spot 5.20

.00

.00

07/22

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Commodities
    Date: July 23, 2010; Source: Bloomberg.com
Commodity Price Change %Change Time
COPPER FUTURE (USd/lb.) 317.050 0.600 0.19 02:44
GOLD 100 OZ FUTR (USD/t oz.) 1196.000

0.400

0.03 02:44
SILVER FUTURE (USD/t oz.) 18.155

0.035

0.19

02:44

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Metal Prices
    Date: July 23, 2010; Source: Kitco.com
Silver 18.17 +0.06
Platinum 1531.00

+7.00

Palladium 457.00

+3.00

Rhodium 2,190.00

0.00

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Exchange rates
    Date: July 23, 2010; Source: the National Bank of Kazakhstan
1 USD KZT 147.65 1 CHF KZT 142.00 1 CNY KZT 21.78 1 TRY KZT 96.84 10 JPY KZT 1.70
1 EUR KZT 189.63 1 AUD KZT 130.66 1 KGS KZT 3.22 1 UZS KZT 0.09
1 GBP KZT 225.56 1 CAD KZT 141.85 1 RUB KZT 4.85 100 KRW KZT 12.27

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