Eurasia / News

Child labour in Uzbekistan not over, says HRW, slamming World Bank, ILO

bne IntelliNews June 28, 2017

Human rights NGO calls for suspension of loans, accusing institutions of turning blind eye to continued use of practice under new president.

Uzbekistan’s reform agenda in question after Azimov’s demotion

Kanat Shaku in Almaty June 26, 2017

Reformist deputy prime minister was first sidelined then sacked, but as head of Uzbekinvest he is likely to remain the driving force in attracting foreign investment.

Mongolian presidential campaign nothing if not negative

bne IntelliNews June 23, 2017

Favourite and main challenger are both entangled in allegations of flagrant corruption ahead of June 26 presidential vote.

Total resolves to “risk” $1bn on Iran’s South Pars, part of world’s biggest gas field

bne IntelliNews June 20, 2017

Despite threat of renewed US sanctions hanging over Tehran, French major set to invest in developing giant Persian Gulf gas resource.

Azerbaijani state rail operator mulls debt restructuring

bne IntelliNews June 19, 2017

The national railways company is seeking a financial adviser on financing and refinancing amid growing anxiety over outstanding debt in Azerbaijan.

An unlikely story: terror in Tehran

Will Conroy in Prague June 8, 2017

Slow condolences from Washington as 13 killed and 42 wounded in what appears to be Islamic State’s first attack inside the Islamic Republic.

Iran’s Rouhani under pressure to ward off instability after terror attacks

bne IntelliNews June 7, 2017

Attacks in Tehran have served to unify the population – liberal and conservative – after a divisive presidential election campaign, but are likely to unnerve investors.

Kazakhstan’s KKB not expected to follow IBA into the abyss

Kanat Shaku in Almaty June 7, 2017

Despite strong similarities with its Azeri peer, allowing KKB to enter debt restructuring is not an option for the Kazakh authorities given the country's history of bank failures.

Terrorist attacks on Iran's parliament and Khomeini shrine leave 13 dead

bne IntelliNews June 7, 2017

Twin terrorist incidents shock Tehran, with Sunni Islamic State claiming first ever attack inside Shiite Iran.

Sidelined Uzbek Deputy PM Azimov reportedly leaves post

Kanat Shaku in Almaty June 6, 2017

Downfall of once-powerful economic chief Azimov reported as new Uzbek president consolidates power.

Re-elected Rouhani’s economic MoU

bne IntelliNews June 5, 2017

The Iranians have given their president the benefit of the doubt, but the challenges that lie in the way of delivering on his promises remain immense.

Kazakhstan's new exchange hopes to draw investors via Air Astana, Kazatomprom IPOs

bne IntelliNews June 5, 2017

Astana bourse targets major privatisation listings as it seeks to make far bigger impact than Almaty equity market.

Armenia, Azerbaijan closer than ever to war since 1994

bne IntelliNews June 3, 2017

Two sides have found no momentum in talks over Nagorno-Karabakh breakaway region, warns International Crisis Group.

Dissident abducted in Georgia resurfaces in Azerbaijani jail

bne IntelliNews June 1, 2017

Case of journalist Afghan Mukhtarli, who was investigating business interests of Azerbaijan's President Aliyev, raises questions over Tbilisi's commitment to human rights.

Unibank, AtaBank, DemirBank among 5 Azerbaijani banks placed under special supervision

bne IntelliNews May 31, 2017

With Baku struggling to deal with the IBA default, officials apply extraordinary measures to Unibank, AtaBank, DemirBank and two unknown others.

EBRD mulls increasing stake in Azerbaijan's crisis-stricken Demirbank

bne IntelliNews May 30, 2017

Investment by the development bank would give a vote of confidence to Demirbank as the Azerbaijani banking sector is rocked by IBA default.

Vilified by Trump, Iran’s Rouhani searches for friends

Will Conroy in Prague May 29, 2017

Donald Trump was determined to paint Iran as the bogeyman of the Middle East during his visit to Saudi Arabia and Israel.

Kazakhstan sticks to (non)participation in world crude output restraint

Kanat Shaku in Almaty May 29, 2017

Astana plays a delicate game of oil politics as production at giant Kashagan field ramps up