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News: Monday, December 05, 2016 -- Issue 2632 http://www.newsline.kz/rss/

Article of the Day

EU calls for two Atyrau land reform protesters to be set free
    The European Union is calling for Kazakh human rights activists, Maks Bokayev and Talgat Ayan to be set free from prison.
    EU also called for "Kazakhstan to cease the criminalization of dissenting opinions and to ensure that the freedoms of speech and of assembly are protected."
    Human rights defenders Maks Bokayev and Talgat Ayan were sentenced this week to five years in prison by the Atyrau City Court for organizing and participating in peaceful protests in April 2016.
    "The penalization of such acts contravenes Kazakhstan's commitments under international law on the freedoms of expression and peaceful assembly," EU External Action said in a statement.
    Bokayev and Ayan were detained on April 24 and went on trial on October 12.
    Large rallies took place in the cities of Atyrau, Astana, Almaty, Uralsk and Kyzylorda from April until May 2016 to protest against changes to the land code that would extend land lease terms for foreigners from 10 to 25 years. Protesters were concerned long-term leases could result in the effective loss of Kazakh land to foreign investors.
    After the mass protest, President of Kazakhstan Nursultan Nazarbayev introduced a moratorium on the amendments to the national land code, Akipress reports.

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Kazakhstan General

Sia releases Eagle Huntress soundtrack
    The world-famous pop star -- Sia has released a new song for the documentary film -- The Eagle Huntress.
    The Eagle Huntress — executive-produced and narrated by ...
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New quake strikes near Almaty
    An earthquake measuring 4.5 on the MPV scale has hit China 482 kilometers southwest of the city of Almaty at 7:22 am local time on Monday. ...
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Oil and Gas Sector

Kazakhstan says may announce cut after OPEC and non-OPEC meeting
    Kazakhstan said on Friday it would announce no details of a potential oil output cut before a meeting takes place between OPEC and producers outside of ...
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ExxonMobil President Tom Walters Is Stepping Down
    An American flag flies next to signage at an Exxon Mobil Corp. gas station in Cherry Valley, Illinois. Photograph by Daniel Acker—Bloomberg via Getty Images
    He’s been ...
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Papua New Guinea seeks higher tax take for ExxonMobil gas expansion
    By Sonali Paul and James Regan
    Papua New Guinea is preparing to negotiate new fiscal terms for a $10 billion expansion of ExxonMobil's liquefied natural gas (LNG) ...
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ExxonMobil CEO heading to State Department?
    Andrea Germanos
    Among those President-elect Donald Trump is reportedly considering for secretary of state is ExxonMobil CEO Rex Tillerson.
    That's according to Joe Scarborough, co-host of MSNBC's "Morning ...
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New presidents at ExxonMobil Production and ExxonMobil Development
    Neil Duffin, currently president of ExxonMobil Development Company, has been appointed by the Exxon Mobil Corporation board of directors to be president of ExxonMobil Production Company ...
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US oil exports skyrocket despite climate pacts
    By Bobby Magill
    Seven years ago, the US exported its crude oil to just one country—Canada. This year, 22 countries received American crude oil, marking a more ...
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OPEC's power slips amid a spurt in US oil output
    By Bill Loveless
    Only time will tell whether OPEC will effectively implement its recent decision to curb oil supplies and reverse a price slump that’s persisted for ...
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Army Corps of Engineers denies Dakota Access Pipeline route
    By Daniel A. Medina and Chiara Sottile
    The secretary of the Army Corps of Engineers told Standing Rock Sioux Chairman Dave Archambault II Sunday that the current ...
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Finance and Investment

Tenge rate up after OPEC oil deal
    By Elena Kosolapova
    The exchange rate on Kazakhstan’s tenge rose 4.42 tenge for USD (reaching 336.72) at the afternoon trading session on Kazakhstan's Stock Exchange (KASE) on ...
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Is a Kazakh supergiant bank in the making?
    By Paolo Sorbello
    Rumors of a merger between Kazakhstan’s two largest lenders, Halyk Bank and Qazkom, have stirred a debate in the country, as the new superbank ...
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Dubai plays host to Kazakh trade mission
    Dubai has hosted a trade mission of Kazakh producers. The trade tour was organized by the KazNex Invest Kazakh Agency for Export and Investment, the Ministry ...
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Euro hits near two-year low after Italy's Renzi loses reform referendum
    By Hideyuki Sano
    The euro tumbled on Monday after Italian Prime Minister Matteo Renzi said he would resign as he conceded defeat in a referendum over his ...
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Investment projects awarded in Kazakhstan
    In Astana, with participation of the Minister for Investment and Development of the Republic of Kazakhstan, Zhenis Kasymbek, the fourth award ceremony for foreign investors for ...
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Metals and Minerals

Glencore keeping zinc market guessing on capacity
    By Andy Home
    Glencore is still keeping the zinc market guessing over when the company will reactivate its 500,000 tons of idled mine capacity.
    Since the Swiss commodities ...
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Peel Hunt boosts Central Asia Metals Ltd price
    By Tamara Stephens
    Central Asia Metals Ltd (LON:CAML) had its price objective increased by equities research analysts at Peel Hunt from GBX 225 ($2.75) to GBX ...
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Communications and Transportation

Kazakhstan, Russia discuss future of Baikonur Space Center
    President Nursultan Nazarbayev and Deputy Prime Minister of Russia, Dmitry Rogozin have discussed the progress reached by the two countries’ governments’ on the ongoing development of ...
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Regional News

Putin just called Trump ‘smart,’ but it’s not entirely a compliment
    Russian President Vladimir Putin delivered something of a backhanded compliment to Donald Trump on Sunday, saying the US president-elect is smart enough to understand that he’s ...
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Rebels defiant as Syrian army nears Aleppo's Old City
    By Tom Perry
    Syria's army and allied militia advanced towards rebel-held areas of Aleppo's Old City on Sunday in an attack which a military source predicted ...
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At least 21 killed as air strikes target rebel-held Idlib in northwestern yria
    At least 21 people, including at least three children, were killed on December 4 in a series of air strikes on the northwestern Syrian province of ...
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Uzbeks vote in presidential election
    By Farangis Najibullah
    Polls have closed in Uzbekistan, where voters are choosing who will be the country’s next president after Islam Karimov, the autocrat who ruled the ...
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Turkmenistan to host int’l oil and gas conference
    By Huseyn Hasanov
    The 21st International Exhibition and Conference -- Oil and Gas of Turkmenistan 2016 will take place in Ashgabat on December 7-9, the Turkmen government ...
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Earthquake hits northeastern Tajikistan, near Chinese border
    An earthquake with a magnitude of 6.5 has struck northeastern Tajikistan on the border with China, with no immediate reports of casualties or damage.
    The US Geological ...
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Prices and Statistics

Commodities
    

Date: December 5, 2015; Source: Bloomberg.com

Energy

Index Units Price Change %Change Contract Time (EST) 2 Day
USD/bbl. 51.28 -0.40 -0.77% Jan 2017 12:34 AM
USD/bbl. 54.07 -0.39 -0.72% Feb 2017 12:34 AM
USd/gal. 154.98 -0.93 -0.60% Jan 2017 12:29 AM
USD/MMBtu 3.49 +0.05 +1.46% Jan 2017 12:34 AM
USd/gal. 165.15 -0.66 -0.40% Jan 2017 12:29 AM
 
Index Units Price Change %Change Contract Time (EST) 2 Day
USD/t oz. 1,178.40 +0.60 +0.05% Feb 2017 12:34 AM
USD/t oz. 1,177.43 0.00 0.00% N/A 12:44 AM
USD/t oz. 16.80 -0.03 -0.19% Mar 2017 12:34 AM
USd/lb. 265.95 +3.45 +1.31% Mar 2017 12:34 AM
USD/t oz. 932.70 +3.46 +0.37% N/A 12:44 AM
Index Units Price Change %Change Contract Time (EST) 2 Day
USd/bu. 348.75 +1.50 +0.43% Mar 2017 12:33 AM
USd/bu. 406.25 +2.00 +0.49% Mar 2017 12:32 AM
USD/MT 2,395.00 -11.00 -0.46% Mar 2017 12/2/2016
USd/lb. 71.35 +0.31 +0.44% Mar 2017 12:07 AM
USd/lb. 108.88 -2.50 -2.24% Feb 2017 12/2/2016
 

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Exchange Rates
    

Date: December 5, 2016; Source: the National Bank of Kazakhstan

1 USD KZT 335.71 1 CHF

KZT 332.02

1 CNY

KZT 48.76

1 TRY KZT 95.41 1 JPY KZT 2.95
1 EUR

KZT 357.36

1 AUD

KZT 249.13

1 KGS KZT 4.86 100 UZS KZT 10.67 100 BYN KZT 170.67
1 GBP KZT 422.99 1 CAD KZT 252.34 1 RUB KZT 5.23 100 KRW KZT 28.65 1 UAH KZT 12.98

 

 

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