Eurasia / News

Planned constitutional amendments rock Georgia’s political boat

Carmen Valache in Lund May 26, 2017

Proposals for radical constitutional amendments continue to divide society as consultation period approaches its end.

IBA's restructuring plan expected to be approved, says Moody's

bne IntelliNews May 26, 2017

Azerbaijan government tries to force creditors to share losses from insolvent bank's open currency positions.

Debt-crippled Mongolia finally gets $5.5bn IMF-led bailout

bne IntelliNews May 25, 2017

Financial aid package intended to help Mongolia address its crippling debts and push through reforms.

Long serving Uzbek central bank chief dies at 67

bne IntelliNews May 24, 2017

Death of Fayzulla Mullajanov comes while the Uzbek government is working on a new plan to liberalise the currency market.

Azerbaijan's IBA angers creditors with debt restructuring plan

bne IntelliNews May 23, 2017

Senior creditors owed $2.4bn can exchange the bank's debt for long-term state bonds, with the option of taking a 20% haircut if they want a higher interest rate.

Rouhani trounces Iran's hardliners with landslide re-election

bne IntelliNews May 20, 2017

After sweeping aside hardline challenger Raisi and winning second term, Iran's President Rouhani declares Iranians have chosen path of interaction with the world.

IBA's default expected to damage Azerbaijan's international reputation

bne IntelliNews May 16, 2017

The default comes at the worst time possible for Azerbaijan, as it could severely impact its ability to raise further capital for the Southern Gas Corridor project.

Iranian election back to two-horse race as Tehran mayor withdraws

bne IntelliNews May 15, 2017

Mohammad Baqer Qalibaf urges conservatives to unite behind Ebrahim Raisi's challenge to centrist President Hassan Rouhani.

'Dirty linen’ election debates grip Iran

Will Conroy in Prague May 15, 2017

Battle for the Iranian presidency becomes increasingly confrontational as rivals try to demolish incumbent Hassan Rouhani's economic record.

UN High Commissioner for Human Rights in historic Uzbekistan visit breakthrough

bne IntelliNews May 12, 2017

Uzbekistan takes unprecedented step of agreeing to work closely with High Commissioner's regional office, bringing it into line with the other Central Asian republics.

The riddle of the ‘Stans

Ben Aris in Nicosia May 12, 2017

One country caused quite a buzz in the EBRD annual meeting's coffee rooms but remained almost entirely invisible: Uzbekistan.

Kazakhstan rolls out the reforms

Ben Aris in Nicosia May 11, 2017

Kazakhstan is going through some of the toughest years since its independence a quarter of a century ago, but the economic hardships have tempered the government’s resolve to push through a raft of extremely ambitious reforms.

Political instability and China are the main risks to growth, says EBRD's Guriev

Ben Aris in Nicosia May 10, 2017

Sergei Guriev backs Alexei Kudrin's reform plan in Russia and warns over economic shocks to Central Asia from China.

EBRD wants to be 'key partner' in Kazakhstan's reform programme

Kanat Shaku in Almaty May 9, 2017

But Astana's reform plans are usually best viewed as acknowledgements that problems exist rather than concrete proposals to tackle them.

Turkey, Russia and Iran ink deal on Syria de-escalation zones

bne IntelliNews May 4, 2017

Impact of Putin and Erdogan's new "full-format" relations felt at peace talks, but Al-Assad opponents walk out of meeting shouting angrily.

Central Asia risks greater exposure to Islamic extremism

Kanat Shaku in Almaty May 3, 2017

Dangerous combination of official incompetence, the use of radicalism as a deliberate political tool and socio-economic hardship to increase region’s exposure to Islamic extremism.

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