Eurasia / News

Kazakh businessman on trial for hit job recaptured after prison escape

bne IntelliNews March 9, 2018

Muratkhan Tokmadi had pleaded guilty to murdering ex-BTA Bank CEO in a hit job allegedly ordered by fugitive banker Mukhtar Ablyazov.

Chinese loans hike risk of debt distress in Central Asia

bne IntelliNews March 5, 2018

Loans taken out under One Belt One Road initiative will force up debt levels in vulnerable countries, says Center for Global Development.

Armenian parliament elects Armen Sarkissian as new president

Carmen Valache in Berlin March 5, 2018

Former physics professor at Cambridge and longstanding ambassador to the UK ran unopposed.

Polimeks stops building Ashgabat-Turkmenbashi highway amid Turkmen budget woes

bne IntelliNews March 1, 2018

Bodyguards of Turkish construction company’s CEO reportedly exchanged blows with Turkmen security officials who tried to prevent him from leaving the country, which has been plunged into an economic crisis by low oil prices.

Kazakhstan bans speaking Russian in cabinet meetings

Kanat Shaku in Almaty February 28, 2018

With moves already under way to phase out the Cyrillic alphabet, the Kazakhs, unsettled by Moscow’s annexation of Crimea, are sending out a statement asserting their statehood.

Turkmen banks suspend operations of locally issued Visa cards amid sparse hard currency

Kanat Shaku in Almaty February 28, 2018

Transactions barred both inside and outside the country with money transfers restricted to parents sending sums to children studying abroad.

Iran to initiate saffron trading on stock exchange

bne IntelliNews February 26, 2018

Iran, which produces around 80% of the highly valuable commodity, will seek to set the global base price by forming a new alternative investment class and pushing up exports.

Taliban pledge protection as construction starts on Afghan part of TAPI pipeline

bne IntelliNews February 26, 2018

Success of project could clear way for eventual corridor of road, rail and communications networks linking Central and South Asia.

Iran warns it may exit nuclear deal if Trump continues to scare off investors

bne IntelliNews February 22, 2018

In London speech, Iranian deputy foreign minister asks why Iran would stay in the deal when “there is no benefit for us”.

Armenia’s likely next president has a credibility problem

Carmen Valache in Berlin February 21, 2018

Backed by the ruling Republicans, Armen Sarkissian leads Armenia's presidential race but questions about the mysterious end of his brief stint as prime minister and when exactly he renounced his British citizenship are undermining his credibility.