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Eurasia
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Stagnation in store for Kazakhstan's banking sector
Clare Nuttall in Almaty
Fri, 27th Nov --
Kazakhstan's banking sector has been shored up by government cash, but this isn't sustainable in the long run. Until new sources of funding can be tapped, the sector is in for a period of stagnation, a new report from Renaissance Capital says.
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Central Asia's electricity system falls apart
Clare Nuttall in Almaty
Wed, 25th Nov --
Four of the five Central Asian countries have muddled along with an often unsatisfactory, yet workable, shared electricity system that was devised after the break-up of the Soviet Union. This year, however, Uzbekistan and Kazakhstan have finally been provoked into announcing their withdrawal from the shared grid.
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Kyrgyzstan's government reforms have pro-business agenda
Clare Nuttall in Almaty
Tue, 24th Nov --
Kyrgyzstan President Kurmanbek Bakiyev has launched large-scale reforms to streamline the cumbersome public administration. The changes will make it easier to introduce pro-business measures, but they have drawn criticism that they are merely designed to boost Bakiyev's personal power base.
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Tajikistan not thriving, but surviving
Clare Nuttall in Almaty
Fri, 20th Nov --
The most serious challenge facing Tajikistan's businesses has been the situation with the country's decrepit transport and energy infrastructure.
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East Capital awards prize in hard times
Ben Aris in Stockholm
Mon, 16th Nov --
Normally, funds would avoid holding their annual dinner for investors on a Friday 13th. But given that everyone had more than their share of bad luck this year, East Capital's decision to go ahead with its party in Stockholm this November on such an ill-starred day was probably appropriate.
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Azeri banks play long game
Ben Aris in Baku
Wed, 11th Nov --
Azerbaijan's banking sector has fared remarkably well during the current crisis thanks to large foreign currency reserves, a prudent regulator and the unexpectedly strong performance of oil,
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Hoping in Copenhagen
Nicholas Watson in Prague
Thu, 19th Nov --
Inextricably linked to the food crisis is climate change, and this is set to dominate the headlines as countries from around the world meet up in Copenhagen December 7-18 to come up with ways to tackle the problem. Most of the money for any steps taken will have to come from the private sector, so what do investors want to see coming out of the summit?
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KYIV BLOG: 12m Ukrainians could be infected with flu by end of 2010
bne
Thu, 5th Nov --
After bne's initial scepticism about the severity of the flu outbreak in Ukraine, things have taken a turn for the worse. The Ukraine health ministry puts the death toll at 81 and the chief public health official said up to 12m citizens could be infected with the virus by the end of next year.
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Kazakhstan prepares for return of good old commercial banking
Clare Nuttall in Almaty
Mon, 26th Oct --
Now that Kazakhstan's economy is starting to revive, the country's major banks are preparing for a resumption of growth in the sector - but a period of more cautious and conservative growth.
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INTERVIEW: Georgia's Liberty free to acquire other banks
Samantha Shields in Tbilisi
Thu, 22nd Oct --
Lado Gurgenidze, former Georgian prime minister and the architect of a turnaround at Bank of Georgia that pushed profits up 1,500%, plans to buy several banks in emerging markets through his new company, Liberty Investments, before eventually taking it public.
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BRICKS & MORTAR: Good days in Kazakhstan still another 2-3 years off
Clare Nuttall in Almaty
Wed, 21st Oct --
Top bankers in Kazakhstan expect the residential real estate sector to recover in two to three years time when demand will once again outstrip supply.
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Tajikistan plans reforms of agriculture sector
Clare Nuttall in Almaty
Tue, 20th Oct --
Tajikistan's government is drawing up by the end of the year a long-term strategy to develop the agriculture sector, a central part of the country's economy. The plan is intended to tackle the issues of land reform and land registration, as well as the problems besetting the deeply indebted cotton sector.
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