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News: Wednesday, June 29, 2016 -- Issue 2525 http://www.newsline.kz/rss/

Article of the Day

Kazakhstan, Bolivia, Ethiopia, Sweden, gain UN seats
    Kazakhstan, Bolivia, Ethiopia, and Sweden were elected on Tuesday (Jun 28) to serve a two-year stint on the UN Security Council, with the Netherlands and Italy locked in a tight race for a remaining spot.
    Five non-permanent seats were up for grabs in the vote by the UN General Assembly, three of which were filled in a first round of secret ballot voting.
    Kazakhstan beat out Thailand in a second round, picking up 138 votes against 55 for Thailand and winning a council seat for the first time since its independence from the Soviet Union in 1991.
    Among the world's top aid donors, Sweden garnered 134 votes, scoring an outright win.
    The Netherlands and Italy failed during three rounds to pick up the required majority and a new vote for the second seat reserved to western Europe was scheduled for 1900 GMT.
    Applause rang out at the assembly hall after Sweden's victory was announced.
    Swedish Foreign Minister Margot Wallstrom said she was "happy and proud" to see her country join the UN's top table, pledging to focus firmly on conflict resolution.
    "With 40 conflicts and 11 full-blown wars, it is a very, very worrisome world that we have to take into account," Wallstrom said.
    Italy has lobbied fiercely for a council seat, portraying itself as a crossroads country in the Mediterranean and touting its experience dealing with the refugee crisis.
    The European country is also seen as a player in efforts to pull Libya out of chaos.
    The Netherlands, home to the International Criminal Court and other world tribunals, has played up its commitment to international justice.
    
    A first for Kazakhstan
    Kazakh Foreign Minister Yerlan Idrissov said "we are very proud to be the first central Asian country to serve on the council" and pledged to focus on nuclear non-proliferation and development.
    Close to Russia, Kazakhstan gave up its nuclear arsenal after the breakup of the Soviet Union.
    The five newly-elected countries will take their place alongside the five permanent council members - Britain, France, China, Russia and the United States.
    The other five non-permanent members are: Egypt, Japan, Senegal, Ukraine and Uruguay.
    The new members will begin their stint on January 1, just as the next secretary-general takes the helm following an October election to replace Ban Ki-moon.
    Running unopposed as the candidate from Africa, Ethiopia picked up 185 votes.
    With some 8,100 troops deployed in UN missions, Ethiopia is the largest contributor of UN peacekeepers and has been active in trying to mediate an end the war in South Sudan.
    Bolivia, which had the backing of Latin American and Caribbean countries, won 183 votes.
    The vote for a seat at the top diplomatic table caps years of lobbying by contenders.
    As the ballot got underway, delegates at the 193-nation General Assembly were handed gift bags with miniature tulips and wooden shoes from the Netherlands, Baci chocolates from Italy and a buddha figurine from Thailand, Channel News Asia reports.

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Kazakhstan General

Lithuania won't extradite Ablyazov relative
    Lithuania has refused to extradite the brother-in-law of fugitive Kazakh tycoon Mukhtar Ablyazov to Kazakhstan and Ukraine, Russian media reported.
    The Vilnius regional court on June 28 ...
     Full text available for subscribed users...

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India, Pakistan closer to joining SCO security bloc
    "We expect that our partners will be able to accede as quickly as possible, by our next meeting in Kazakhstan" next year, Russian President Vladimir Putin ...
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Kazakhstan strongly denounces the terrorist attack that took place in Istanbul on June 28
    Statement of the Ministry of Foreign Affairs of Kazakhstan
    Kazakhstan strongly denounces the terrorist attack that took place in Istanbul on June 28, 2016.
    We express our deep ...
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Expo-2017

Tokyo presented concept Japan participation at EXPO-2017
    In Tokyo, Japan's Ambassador to Kazakhstan Yerlan Baudarbek-Kozhatayev and Commissioner of Japan's national section in "EXPO-2017" Tomiyasu Nakamura held a joint briefing on the presentation of ...
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Oil and Gas Sector

Kazakh government will be able to block subsoil transaction
    Kazakhstan’s national code on subsoil and subsurface use will come into force in 2017.
    The new code will give the state the right to block any ...
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Gazprom ready to reopen Turkish Stream talks after Erdogan apology
    Gazprom is ready to revisit the idea of building the a pipeline along the bed of the Black Sea – the so-called Turkish Stream project – ...
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Oil prices rise on Norway strike threat; Brexit shock fades
    By Henning Gloystein
    Petrol pump nozzles are pictured at a fuel station owned by M10-Oil company in Tver, Russia, June 1, 2016.
    Oil rose early on Wednesday as ...
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Oil gains as sources say API data show US crude supply down 3.9 million barrels
    By Myra P. Saefong
    Oil futures climbed in electronic trading Tuesday after the American Petroleum Institute reported that U.S. crude supplies fell by 3.9 million barrels for ...
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UK withdrawal from EU to affect global oil market - Karabalin
    The United Kingdom withdrawal from the European Union (or Brexit) will affect global oil market, believes Chairman of KAZENERGY Association Mr. Uzakbai Karabalin.
    "Of course, Brexit ...
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Cancellation of state regulation of AI-80 prices is justified measure in Kazakhstan - Karabalin
    Cancellation of state regulation of AI-80 prices is an absolutely justified measure in Kazakhstan, said Uzakbay Karabalin, deputy chairman of Kazenergy association.
    "I think it is an ...
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Finance and Investment

GGG to invest in Kazakhstan economy
    Gennady Golovkin has invested his earnings in Kazakhstan’s economy by opening a coal preparation plant in Karaganda.
    The facility was founded by local businessmen and the ...
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Kazakh auto industry showing signs of recovery
    In January-May of this year the automobile industry of Kazakhstan began to show its first signs of recovery, Novosti-Kazakhstan reports, citing the country’s KazAutoProm Union of ...
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North Kazakhstan looking for more diverse investment, seeking tourism boost
    By Zhanna Shayakhmetova
    North Kazakhstan region is seeking to maximise its unique potential to develop the areas of agriculture and tourism, the region’s deputy akim (governor) Mukhtar ...
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Kazakhstan to adopt universal income declaration
    The adoption of a universal declaration would allow for fair taxation practices, Minister of Finance Bakhyt Sultanov said during a public reporting meeting on June 27, ...
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Japan invested USD 4.5 bln in economy of Kazakhstan in 10 years
    The volume of Japanese investments in the economy of Kazakhstan made USD 4.5 bln in ten years, Deputy Chairman of KAZENERGY Association Uzakbai Karabalin stated at ...
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Metals and Minerals

86 companies from 11 countries take part Mining Week Kazakhstan - 2016
    The 12th International Mining Week Kazakhstan - 2016 Exhibition kicked-off in Karaganda on Tuesday.
    86 companies from 11 countries - Germany, China, Poland, Switzerland, Canada, Turkey, Czech ...
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Trade and Consumer Goods

Turkey, Russia and Kazakhstan Tajikistan’s main importers
    Kazakhstan, Turkey, Switzerland, Russia, Pakistan and Afghanistan are now Tajikistan’s main importers, the Statistical Agency of Tajikistan reports.
    Turkey contributes 23.8% of the total imports from Tajikistan.
    Kazakhstan ...
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Communications and Transportation

All flights canceled to Istanbul from Astana and Almaty
    All flights from the Almaty and Astana airports to Istanbul hae canceled until further notice.
    The Turkish Airlines flight TK355 traveling from Astana to Istanbul has been ...
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MID proposes to tighten medical requirements for flight crew
    Investment and Development Ministry proposes to tighten medical requirements for flight crew. Requirements to the medical examination of the aircraft crew are offered to be toughened. ...
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Direct flight Astana-New York to be launched in 2020
    The direct flight Astana-New York will be launched in Kazakhstan in 2020, said Beken Seidakhmetov, chairman of civil aviation committee of the Ministry of Investments and ...
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Pharmaceutical and Healthcare News

Islam Karimov ratifies SCO healthcare agreement
    Uzbek President Islam Karimov has approved the healthcare agreement with the Shanghai Cooperation Organization (SCO) member states, a new release from his office says.
    The agreement was ...
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Kazakhstan bans import and sale of sex supplements
    The Kazakh authorities have banned the import and sale of Tongkat Ali with Royal Jelly & Ginseng sexual enhancement supplements, the Consumer Rights Protection Committee under ...
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Sports

WADA suspends Kazakhstan anti-doping lab
    The World Anti-Doping Agency (WADA) has suspended the accreditation of the athletes' doping-control laboratory in the Kazakh city of Almaty for four months.
    WADA said in a ...
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Regional News

Chief of Russian rights organization detained on fraud suspicions
    The head of a Russian organization dedicated to protecting authors' rights has been detained on suspicion of fraud.
    Interior Ministry spokeswoman Irina Volk said on June 28 ...
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Liberal values suffer setback in Georgia
    By Giorgi Lomsadze
    Intolerance appears to have the upper hand in an ongoing food fight in the Georgian capital Tbilisi.
    Proprietors at an embattled vegan restaurant, the Kiwi ...
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Turkmenistan preparing for parliament elections
    By Huseyn Hasanov
    Elections of members for the parliament and local authorities – velayat (regional), etrap (district) and halk maslahaty (People’s Council) of Turkmenistan are scheduled for ...
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How rogue countries have weaponized Interpol
    By Herta Däubler-Gmelin
    Autocratic regimes and governments that sneer at the rule of law have found a new tool for harassing their critics and exporting repression. Astonishingly, ...
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Prices and Statistics

Commodities
    

Date: June 29, 2016; Source: Bloomberg.com

Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/bbl. 48.17 +0.32 +0.67% Aug 2016 12:46 AM
USD/bbl. 48.85 +0.27 +0.56% Aug 2016 12:25 AM
USd/gal. 151.03 +0.03 +0.02% Jul 2016 6/28/2016
USD/MMBtu 2.87 -0.02 -0.66% Aug 2016 12:44 AM
USd/gal. 148.04 +0.93 +0.63% Jul 2016 12:45 AM
 
Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/t oz. 1,321.80 +3.90 +0.30% Aug 2016 12:46 AM
USD/t oz. 1,318.89 +7.10 +0.54% N/A 12:57 AM
USD/t oz. 18.10 +0.21 +1.15% Sep 2016 12:47 AM
USd/lb. 217.00 -0.55 -0.25% Sep 2016 12:46 AM
USD/t oz. 986.16 +7.56 +0.77% N/A 12:56 AM
Index Units Price Change %Change Contract Time (EDT) 2 Day
USd/bu. 387.00 -1.75 -0.45% Sep 2016 12:45 AM
USd/bu. 457.50 +0.25 +0.05% Sep 2016 12:43 AM
USD/MT 3,006.00 +20.00 +0.67% Sep 2016 6/28/2016
USd/lb. 65.81 -0.05 -0.08% Dec 2016 12:44 AM
USd/lb. 112.73 +0.70 +0.62% Aug 2016 6/28/2016
 

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Exchange Rates
    

Date: June 29, 2016; Source: the National Bank of Kazakhstan

1 USD KZT 339.12 1 CHF

KZT 346.78

1 CNY

KZT 51.01

1 TRY KZT 116.46 1 JPY KZT 3.31
1 EUR

KZT 376.19

1 AUD

KZT 251.22

1 KGS KZT 5.03 100 UZS KZT 11.59 100 BYR KZT 1.69
1 GBP KZT 452.62 1 CAD KZT 261.38 1 RUB KZT 5.25 100 KRW KZT 29 1 UAH KZT 13.63

 

 

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