Kazakh BTA Bank still in debt talks – central bank (Reuters via Yahoo! Philippines News)
ALMATY, July 8 (Reuters) – Kazakhstan’s BTA Bank is still in debt restructuring talks with its creditors and the departure of Goldman Sachs as its advisor will have no impact on the process, the central bank said on Wednesday.
Kazakh Creditors ‘Driven by Greed’ Face 80% Losses (Update1) (Bloomberg)
July 8 (Bloomberg) — Kazakhstan bank creditors face losses of as much as 80 percent in the first restructuring deal by the central Asian nation’s defaulted lenders.
(AFX UK Focus) 2009-07-08 14:07 Ex-Kazakh Alliance CEO to contest Eurasian suspension (Interactive Investor)
ALMATY, July 8 (Reuters) – The former chief executive of Kazakhstan’s Alliance bank will challenge in court a decision by the bank regulator to suspend him from his current job as head of local lender Eurasian, he said on Wednesday. Last week, the Central Asian state’s Financial Supervision Agency (FSA) said Zhomart Yertayev, head of Alliance bank between 2002 and 2007, was responsible for …
Unrest in XUAR may negatively affect Kazakhstan – analyst (Interfax)
ALMATY. July 8 (Interfax) – The ongoing unrest in the Xinjiang Uyghur Autonomous Region (XUAR) of China might have negative consequences for Kazakhstan, said Bulat Sultanov, the director of the Kazakh presidential Strategic Research Institute.
GE Transportation opens new facility in Kazakhstan (Erie Times-News)
They celebrated Friday in Kazakhstan as GE Transportation christened its newest locomotive plant, which is set to open later this year. The grand opening prompted visits from Lorenzo Simonelli, chief executive of the company, and Kazakh President Nursultan Nazarbayev.
Guantánamo captive: I don’t want to go home (Miami Herald)
Even as the White House pledges to empty the prison camps at Guantánamo Bay, a 30-year-old prisoner is so afraid of returning to his native Tajikistan that he is asking to stay at the U.S. Navy base in Cuba.
Upsurge in Militant Presence in Kyrgyzstan (Institute for War and Peace Reporting)
Porous border makes country’s south vulnerable to incursions, experts say.
Alliance Creditors Face 80% Losses in Kazakh Workout (Update1) (Bloomberg)
July 8 (Bloomberg) — Alliance Bank ’s creditors face losses of as much as 80 percent on $4.2 billion of debt in the first restructuring deal by Kazakhstan’s defaulted lenders.
Ex-Kazakh Alliance CEO to contest Eurasian suspension (Reuters via Yahoo! Philippines News)
ALMATY, July 8 (Reuters) – The former chief executive of Kazakhstan’s Alliance bank will challenge in court a decision by the bank regulator to suspend him from his current job as head of local lender Eurasian, he said on Wednesday.
Iran and Tajikistan to boost academic cooperation (mehrnews.com)
TEHRAN, July 7 (MNA) — Cultural deputy of Iran’s minister of Science, Research and Technology Mohammad-Baqer Khorramshad met with Tajikistan Minister of Education Abdujabbor Rahmonov on Tuesday to review bilateral cooperation.
US-funded bridge facilitates flow of Afghan opium, heroin (Arizona Daily Star)
NIZHNY PANJ, Tajikistan — In August 2007, the presidents of Afghanistan and Tajikistan walked side by side with the U.S. commerce secretary across a new $37 million concrete bridge that the Army Corps of Engineers designed to link two of Central Asia’s poorest countries.
Gunmen attack police post in Tajikistan (Reuters via Yahoo! UK & Ireland News)
Unidentified gunmen have opened fire on a police post in Tajikistan near its border with Afghanistan, a senior Tajik security source said Thursday, the latest in a string of attacks across Central Asia.
