News: Thursday, May 31, 2012 -- Issue 1528 
Article of the Day
Nazarbayev speaks of global crisis of moral values
Nazarbayev talked about the impending global crisis of moral values, Tengrinews.kz reports from the 4th Congress of Leaders of World and Traditional Religions.
“A global crisis of moral values is impending. It is obvious how many societies propagate and inoculate pseudo freedoms. They try to promote perverted views on the nature of human relations and imprint them as the standards for modern society; and motivation towards honest labor is replaced with aspiration for fast gain through any means. Such anti-morality is frequently elevated to the absolute,” Kazakhstan President said to the
“The growing moral crisis in the world is characterized by aggressive blemishing of servitors of various confessions and attempts to push the religion off to the sidelines of social processes. Manifestations of blasphemous attitude to religious relics are seen in many countries and are aimed at almost all the religions. They include: public burning of holy books, desecration and conflagration of mosques, cathedrals, synagogues and other cultural buildings, defamation of the ministers, massacre and murders of members of religious congregations. Why does this happen? Does it happen because the religion is one of the most solid barriers separating people from earthliness and greediness? At times the religion has remained the only protector of the people’s wisdom of culture and traditions,” Nursultan Nazarbayev said and stressed that Kazakhstan condemned such assaults on the traditional religions.
“We strongly condemn such behavior and express our support to all the religious leaders and all the religions in their opposition to the surge of the combative ungodliness,” Nazarbayev said, according to www.tengrinews.kz
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Kazakhstan General
Kazakhstan working for confessional accord
By Aidana Ussupova
Kazakhstan is working on developing a confessional accord to be implemented by 2016, Tengrinews.kz reports citing Nursultan Nazarbayev as saying in his welcome speech ...
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Kazakhstan may ease visa requirements
Kazakhstan will consider easing visa requirements for Malaysians given the country’s aspiration to be a global investment player, says Deputy Minister of Foreign Affairs Kairat Sarybay.
"Unfortunately, ...
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Quake alert for Almaty
News Room America reported a 25 meter depth quake at about 02:36 local time) an earthquake of 5.7 magnitude occurred in a moderately populated region of ...
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Bodies of 15 servicemen found in Almaty Oblast
The bodies of 15 servicemen have been found at the Gorny frontier post in the Almaty Oblast. These were 1 officer, 3 contractors and 11 soldiers, ...
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Oil and Gas Sector
Massimov and Medvedev to discuss fuel and energy cooperation in Saint-Petersburg
Prime-Ministers of Kazakhstan and Russia will discuss further cooperation in fuel and energy sector in Saint-Petersburg on June 15, Tengrinews.kz reports citing first deputy head of ...
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Kazakhs set Kyrgyz gas price
Kazakhstan May 25 signed an agreement to continue selling natural gas to Kyrgyzstan for $224 (33,200 KZT or 10,500 KGS) per 1,000 cu. m., Fergana News ...
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Kazakhstan punishes oil protest police
The Kazakh government has jailed five police officers for their actions in 2011 oil worker protests.
In December security forces suppressed a protest by oil workers in ...
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Glencore, Vitol keep oil flowing to Greece
By Julia Payne, Emma Farge, Dmitry Zhdannikov and Gleb Gorodyankin
Debt-stricken Greece is surviving on oil priced at a premium from trading houses Vitol and Glencore, who ...
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C.A.T. oil Shows Strong Operational and Financial Performance in Q1 2012
C.A.T. oil, one of the leading providers of oil and gas field services in Russia and Kazakhstan, has announced its results for the first quarter of ...
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Oil heads for monthly drop on Europe debt crisis, U.S. economy
By Ben Sharples and Yee Kai Pin
Oil was poised for the biggest monthly drop in more than three years in New York on speculation Europe’s ...
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Energy Industry
Kazakhstan to open International Nuclear Fuel Bank next year
The chairman of Kazakhstan’s Atomic Energy Agency has told journalists that Kazakhstan will have an international nuclear fuel bank in 2013, putting it on the front ...
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Finance and Investment
Kazakhstan ranks 88th in debtor rating
Kazakhstan has been ranked 88th in the IMF debtors rating, RIA Novosti writes, citing the IMF (International Monetary Fund).
IMF analysts made the rating based on debt ...
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Demand for credit by non-financial organizations growing
56% of banks in the corporate lending sector have noted increased demand for credit resources on behalf of non-financial organizations in the first quarter of 2012. ...
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EBRD to provide $30-mln loan for Kazakhstan’s VTB subsidiary
The EBRD will provide a loan worth 30 million US dollars for Kazakhstan’s subsidiary of VTB Bank.
The funds will be spent to finance SMEs.
The European ...
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Trade and Consumer Goods
Kazakhstan grain exports reached 10.6 million tons
In the current marketing year, Kazakhstan has exported a record high 10.6 million tons of grain, including grain equivalent of flour, Newskaz.ru reports, citing the country’s ...
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Culture and Society
Almaty police comment on banning sex in cars
By Vladimir Prokopenko
Having sex in a car parked in a public area is considered a ‘violation of public order’ and is considered Disorderly Conduct in Kazakhstan, ...
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Pharmaceutical and Healthcare News
UK pharma firm to help Kazakhstan fight drug counterfeiting
Minister of Healthcare Salidat Kairbekova and Michael Crow, vice president and general manager of GlaxoSmithKline CIS, have signed a Memorandum on Cooperation in Healthcare and Pharmacological ...
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Regional News
China won’t insist on railway construction: envoy
Chinese Ambassador to Kyrgyzstan Wang Kaiwen May 25 said his country is not insisting on construction of the proposed China-Kyrgyzstan railway, media reported.
All international projects depend ...
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Kyrgyz rare earth metals could supply world market
By Asker Sultanov
Kyrgyzstan and Japan are working on a deal to develop the Central Asian country’s rare earth resources.
Kyrgyz government officials discuss the prospect of developing ...
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Prices and Statistics
Volume and Share Index by Visor Capital
Date: May 31, 2012; Source: Visor Capital
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Market Movers by Visor Capital
Date: May 31, 2012; Source: Visor Capital
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Oil and Gas Prices
Date: May 31, 2012; Source: Bloomberg.com
| Petroleum
($/bbl) |
|
Price* |
Change |
%Change |
Time |
| Nymex Crude Future |
87.91
|
0.09
|
0.10
|
03:12 |
| Dated Brent Spot |
104.21 |
0.63 |
0.61
|
03:23 |
| WTI Cushing Spot |
87.82 |
-2.94 |
-3.24
|
05/30 |
| Petroleum
(cent/gal) |
|
Price* |
Change |
%Change |
Time |
| Nymex Heating Oil Future |
274.49
|
0.51
|
0.19 |
03:12
|
| Nymex RBOB Gasoline Future |
284.50
|
-1.32 |
-0.46 |
02:25 |
| Natural gas
($/MMBtu) |
|
Price* |
Change |
%Change |
Time |
| Nymex Henry Hub Future |
2.40 |
-0.02 |
-0.74 |
03:11 |
| Henry Hub Spot |
2.39 |
-0.11 |
-4.40 |
05/30 |
| New York City Gate Spot |
2.58
|
-0.16
|
-5.84 |
05/30
|
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Commodities
Date: May 31, 2012; Source: Bloomberg.com
| Commodity |
Price |
Change |
%Change |
Time |
| COPPER FUTURE (USd/lb.) |
338.800 |
-0.200 |
-0.06 |
03:18 |
| GOLD 100 OZ FUTR (USD/t oz.) |
1,565.300
|
-0.400
|
-0.03
|
03:18 |
| SILVER FUTURE (USD/t oz.) |
27.935 |
-0.048
|
-0.17
|
03:19 |
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Metal Prices
Date: May 31, 2012; Source: Kitco.com
| Silver |
27.88 |
-0.05 |
| Platinum |
1401.00
|
+5.00
|
| Palladium |
604.00
|
-1.00
|
| Rhodium |
1,275.00 |
0.00
|
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Exchange Rates
Date: May 31, 2012; Source: the National Bank of Kazakhstan
| 1 USD |
KZT 147.91 |
1 CHF |
KZT 153.20 |
1 CNY |
KZT 23.27 |
1 TRY |
KZT 80.52 |
10 JPY |
KZT 1.86 |
| 1 EUR |
KZT 183.96 |
1 AUD |
KZT 144.32 |
1 KGS |
KZT 3.15 |
1 UZS |
KZT 0.08 |
1 BYR |
KZT 0.02 |
| 1 GBP |
KZT 230.12 |
1 CAD |
KZT 144.06 |
1 RUB |
KZT 4.54 |
1 KRW |
KZT 12.55 |
1 UAH |
KZT 18.31 |
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