thediplomat.com. “Kazakhstan: Currency Trouble and British Friends" - The ties between London and Kazakhstan remain firm, but disconcerting to some observers. One month ago, between steep swings and massive drop-offs, Bloomberg named Kazakhstan's tenge as the most volatile currency in the world. The currency had seemingly leveled since, stabilizing under intervention. But such stability, only a few weeks later, appears an aberration. This week, Bloomberg reassessed the tenge and found the currency the “worst performer … globally."
naturalgaseurope.com. Kazakhstan, France Create Joint Venture On Production Of Industrial Gases - A subsidiary of JSC "NC" KazMunayGas" - JSC “KazMunayGas - refining and marketing" and the French company “Air Liquide" have signed a shareholders agreement on creation of the Kazakh-French joint venture for the production of industrial gases, the press service of the Kazakh company said. The agreement provides for the withdrawal to the outsourcing of existing plants for the production of hydrogen, nitrogen and other industrial gases to refineries in Atyrau, Pavlodar and Shymkent, ownership and management of installations, as well as the construction of outsourced new technical facilities for the production of industrial gases.
akipress.com. “Belarus' course of development is most feasible one, Kazakh envoy believes"- Belarus' course of development is the most feasible one in the modern context. It leads the country towards prosperity, Kazakhstan Ambassador to Belarus Yergali Bulegenov told journalists as he attended the Belarus President inauguration ceremony on 6 November.
“CIS countries mull switchover to settlements in national currencies – head of CIS Executive Committee" - The optimal solutions of switching to the mutual settlements in the national currencies between the CIS countries will be found in the nearest future, said head of the CIS Executive Committee Sergey Lebedev on Thursday in Minsk.