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News: Wednesday, May 03, 2017 -- Issue 2730 http://www.newsline.kz/rss/

Article of the Day

The Last Wild Apple Forests
    Granny Smiths, Fujis, and Pink Ladies can all be traced back to Kazakhstan, where apples still grow wild.
    It might seem strange to think that the common apple was not originally a universal fruit, but in fact it has its roots in one specific region of the world. The ancestor of the domestic apple is the Malus sieversii, which grows wild in the Tian Shan mountains of Kazakhstan.
    In the early 20th century, biologist Nikolai Vavilov first traced the apple genome back to a grove near Almaty, a small town whose wild apples are nearly indistinguishable from the Golden Deliciouses found at grocery stores today. Vavilov visited Almaty and was astounded to find apple trees growing wild, densely entangled and unevenly spaced, a phenomenon found nowhere else in the world.
    Scientists believe the Tian Shan apple seeds were first transported out of Kazakhstan by birds and bears long before humans ever cultivated them. By the time humans did begin to grow and trade apples, the Malus sieversii had already taken root in Syria. The Romans discovered it there, and dispersed the fruit even further around the world. When modern genome sequencing projects affirmatively linked domestic apples to Malus sieversii, Almaty and its surrounding land were officially recognized as the origin of all apples.
    Almaty means “father of apples,” and the town touts its heritage proudly. A fountain in the center of town is apple-shaped, and vendors come out each week to sell their many varieties of domesticated apples at market. Apples weren’t always a precious fruit in Almaty though. They used to be commonplace, and during Soviet development many of the trees were cut down for their wood. Up to 80 percent of the wild apple forests were destroyed.
    Today, reserves throughout the Tian Shan mountain range keep the last wild apple forests growing safely—except from foraging bears, who don’t care at all about botanical history. Pomologists report that the wild apples have a variety of flavors, depending on how the bees pollinate the blossoms. There are honey- and berry-flavored apples, sour crabapples, apples that taste like licorice, and a few strains that would be good enough for a supermarket’s produce section.
    Reported by the Atlas Obscura.

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Kazakhstan General

New round of intra-Syrian talks starts in Astana
    Today, the capital of Kazakhstan, Astana, will host a meeting at the experts level of Iran, Russia and Turkey, known as the three guarantors of a ...
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‘Public Trust’ to defend against extremism in Karaganda
    Kazakhstan is conducting an anti-extremism programme that will have security officers and religious scholars visit families in cities and districts in Karaganda Province during the next ...
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Ex-Vice Minister of Education and Science sentenced to 7 years of imprisonment
    Ex-Vice Minister of Education and Science of Kazakhstan Sayat Shayakhmetov has been found guilty of embezzlement of budgetary funds, Kazinform correspondent reports citing the press service ...
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Yessil river level rises again in North Kazakhstan
    The second rise of water level in the Yessil river has been recorded in North Kazakhstan Region, Kazinform reports.
    According to Deputy Akim of the region Anton ...
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Kazakh meteorologists predict hot late spring
    Kazhydromet gave the weather forecast for May 2017, Kazinform reports.
    The long-range forecast predicts generally upward temperature trend. In the Atyrau, Mangistau, West Kazakhstan, Aktobe and East ...
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Expo-2017

EXPO 2017 to surprise guests with exciting cultural programm
    The EXPO 2017 exhibition “Future Energy” in Astana will open with a grand show “The Great Steppe Symphony” which will astonish guests with its scale and ...
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Saudi Arabia to bring high-technological projects to Astana EXPO 2017
    Chief of Astana EXPO 2017 National Company Akhmetzhan Yessimov has met today with Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia ...
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Oil and Gas Sector

Crude exports via CPC terminal up 17.6% to 17.72 mln t in 4M’17
    In April 2017 CPC lifted 4 705 811 tons of crude oil (37 173 004 barrels). CPC says a record was set in March with 4 ...
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IMF predicts modest rise in Kazakh oil output
    The International Monetary Fund (IMF) forecasts oil production in Kazakhstan to increase to 1.69 million barrels per day in 2017.
    In 2016, 1.62 million barrels of oil ...
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Petroleum economics and energy policy: Kashagan and world oil fields
    During the height of the peak oil scare, a pundit commented to me that the lack of billion-barrel discoveries in recent years seemed alarming, and my ...
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‘Nopec’ players bring a different kind of challenge
    The tropical capital of Malabo, with its wooden colonial buildings, near-unbroken rain and cloud, red-eared monkeys and crocodiles, does not have much in common with Riyadh, ...
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Med crude-Urals seen weaker as demand for May resources faints
    Kazakhstan’s benchmark blend Urals’ differentials weakened slightly on Tuesday as the demand for May-loading cargoes reduced after refiners mostly filled their requirements for the current month ...
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Brent crude closes at 2017 low, erases gains since OPEC's cuts
    Brent crude oil on Tuesday closed at its lowest level this year, erasing all of the gains since OPEC started to cut production, after breaking through ...
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Finance and Investment

Forum of Entrepreneurs will be held in Khorgos on Kazakh-Chinese border
    Forum of Entrepreneurs will take place on May 12 in the territory of the Khorgos International Center for Cross-Border Cooperation. The main organizer of the forum ...
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IMF expects Kazakhstan’s oil GDP to grow in 2017, 2018
    Kazakhstan’s oil GDP will grow by 3.9 percent in 2017 and by 6.3 percent in 2018, according to the International Monetary Fund’s (IMF) updated Regional Economic ...
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Wealth Fund rid of `pocket change' readies flurry of Kazakh IPOs
    Unloading what Kazakhstan’s sovereign wealth fund calls “pocket change” was the easy part. Next up is the biggest wave of privatization in the Central Asian country’s ...
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Fitch affirms Sovereign Wealth Fund Samruk-Kazyna at ‘BBB’; outlook stable
    Fitch Ratings has affirmed Kazakhstan’s JSC Sovereign Wealth Fund Samruk-Kazyna’s (SK) Long-Term Foreign- and Local- Currency Issuer Default Rating (IDR) at ‘BBB’, National Long-term rating at ...
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Metals and Minerals

KAZ Minerals PLC’s (KAZ) “overweight” rating reaffirmed at JPMorgan Chase & Co.
    JPMorgan Chase & Co. reissued their overweight rating on shares of KAZ Minerals PLC (LON:KAZ) in a research note released on Friday.
    Several other equities research analysts ...
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Central Asia Metals Ltd (CAML) PT raised to GBX 290
    Central Asia Metals Ltd (LON:CAML) had its price objective increased by research analysts at FinnCap from GBX 264 ($3.41) to GBX 290 ($3.74) in a report ...
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Polymetal International PLC (POLY) price target increased to GBX 725
    Polymetal International PLC (LON:POLY) had its target price raised by analysts at Jefferies Group LLC from GBX 675 ($8.72) to GBX 725 ($9.36) in a research ...
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Potential supply disruptions fuel copper's rise to 3-week high
    Copper prices hit a three-week high on Tuesday due to concerns about supply disruptions in , but caution over slowing demand in top consumer China capped ...
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Nickel falls from grace as bull narrative unravels
    Nickel has gone from bull hero to zero in the space of just a couple of months.
    In early March, when London nickel was trading above ...
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Gold near 3-week low on strong equities, dollar
    Gold held on Wednesday near a three-week low hit in the previous session on rising equities and a firmer dollar as markets waited for cues on ...
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China’s coal market: no retreat on reforms as growth rises
    Economic recovery in resource-intensive and export-oriented provinces gathered pace in the first quarter as economic restructuring efforts began to bear fruit.
    Sustained efforts to push reforms are ...
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US DoE delivers big boost to uranium price
    Uranium was the glaring exception amid a broad-based rally in metals and minerals in 2016. The price of U3O8 fell 41% in 2016 with the industry ...
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Trade and Consumer Goods

Mets indicate best time to start sowing
    Kazgidromet RSE elaborated on the current agrometeorological conditions for the spring-field works season this year, Kazpravda.kz reports.
    By the beginning of spring field works, moisture reserves in ...
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First agricultural portal launched in Kazakhstan
    In Kazakhstan, the country’s first agricultural Internet portal has been launched, Kazpravda.kz reports with reference to the National Information Technologies JSC (NIT).
    For this project, its developer ...
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Kazakhs engage in agro-export market development
    Kazakhstan is expanding exports of agricultural products. Kazakh agrarians are actively entering the markets of neighboring countries. Agricultural producers in the South Kazakhstan region are already ...
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Cultivation of lemons started in Atyrau
    In Atyrau, cultivation of lemons has been started on an industrial scale. Two thousand trees were brought from the famous Tashkent lemonarium (lemon tree nursery), Kazpravda.kz ...
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Kazakhstan returned 200 tons of products to Russia and Kyrgyzstan
    In two weeks (April 14- 28), inspection of quarantineable products revealed 39 breaches of Kazakhstan and EEU legislation in plant quarantine.
    Kazakhstan returned over 200 tons of ...
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Rising U.S. markets push EU wheat to near two-month highs
    European wheat futures in Paris rose on Tuesday to their highest in almost two months, tracking the U.S. market which had jumped on concerns that bad ...
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Futures: wheat prices fall back as traders 'sell fact'
    Grain prices eased on a wave of profit taking, after the rapid rally of the previous session, after a large snowstorm hit US wheat growing areas, ...
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Communications and Transportation

Single taxi service launched in Astana
    In the capital, a single service "Astana Taxi" has been launched. In a ceremony in front of the city mayor’s office, keys to 100 taxi cars ...
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KTZ to boost freight transportation to Europe from Singapore, Korea and Japan
    Kazakhstan Temir Zholy national company is going to increase the volumes of freights transit from the states of South East Asia to Europe, said Kanat Alpysbayev, ...
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Fitch affirms JSC Kazakhstan Temir Zholy at ‘BBB-‘; outlook stable
    Fitch Ratings has affirmed JSC National Company Kazakhstan Temir Zholy’s (KTZ) Long-Term Foreign-Currency Issuer Default Ratings (IDR) at ‘BBB-‘ with Stable Outlook. KTZ and Kazakhstan Temir ...
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Culture and Society

Kyzylorda schoolgirl becomes world champion in chess
    A school world championship in chess has ended in the Romanian town of Iasi. In the under 15 age group, Asel Serikbay from Kyzylorda became the ...
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Tourism

South Kazakhstan: tour operators concluded 10 agreements with 3 states
    South-Kazakhstan oblast tour operators concluded 10 agreements with three states within the framework of a round table, attended by representatives of the region’s tourism business and ...
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Regional News

Elektromed Elektronik confirms payment of $ 35 million to Kyrgyz President
    Elektromed Elektronik confirmed payment of $ 35 million to Almazbek Atambayev. The information department of the company informed 24.kg news agency.
    According to it, the company «Thermikel ...
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Kyrgyz Karaoisai limestone mine exploration right auctioned with starting price of $20,400
    The State Committee for Industry, Energy and Subsoil Use announced an auction for the right to exploration of the Karaoisai limestone deposit.
    The deposit is located ...
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Reforms pay off for Chinese A-share firms as profits surge
    The total revenue and net profit of listed A-share companies in 2016 registered double-digit year-on-year growth as supply-side structural reform deepened and many upstream companies reduced ...
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China central bank suspends reverse repos to drain liquidity
    China's central bank suspended open market operations Tuesday, in a sign of policy tightening.
    The People's Bank of China (PBOC) withdrew 70 billion yuan (around 10 ...
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Chinese warming Russia up to solar energy
    China’s Solar Systems, owned by the Amur Sirius Power Equipment Company, may become one of the major players on the market of constructing solar energy production ...
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Russia to launch indigenous amphibious assault ship in place of French Mistrals
    Russia’s Project 11711 large amphibious assault ship Pyotr Morgunov is slated to be floated this summer, Defense Ministry spokesman, Captain First Rank Igor Dygalo, announced.
    In an ...
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Russian manufacturing growth slows to 9-month low in April - PMI
    Russian manufacturing activity expanded in April at the slowest pace since August as growth in output and new orders dwindled, a survey showed on Tuesday. The ...
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IDB provides financial resources for US$300m to Uzbekistan
    The Government of Uzbekistan and Islamic Development Bank (IDB) signed financial agreements for US$300 million.
    The financial resources will be directed to implementation of the second ...
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Uzbekistan ups fruit and vegetable export in Q1
    In the first quarter of 2017, Uzbekistan’s agricultural exporting company UzAgroExport increased the exports of fruit and vegetables by 7 percent, the Jahon information agency reported.
    During ...
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Last year’s blackout reportedly costs TALCO more than 8 million USD
    Last year’s blackout has reportedly cost the Tajik Aluminum Company (TALCO) more than 8 million U.S. dollars.
    Over the first two months of this year, Tajik ...
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Animal shelter in Turkmenistan needs help
    The only animal shelter in Turkmenistan is located in a small town of Annau not far from Ashgabat. It operates only thanks to the efforts undertaken ...
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Afghanistan sets new record In opium production
    Afghanistan set new records for opium production in 2016 despite an $8.5 billion USD counternarcotics campaign investment by U.S agencies, the Special Inspector General for Afghanistan ...
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Things are not looking good in Afghanistan
    With the world’s eyes trained primarily on Syria’s bloody civil war and the nuclear posturing of North Korea, news about the simmering conflict between the US-backed ...
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Prices and Statistics

Commodities
    

Date: May 3, 2017; Source: Bloomberg.com

Energy

Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/bbl. 47.95 +0.29 +0.61% Jun 2017 12:58 AM
USD/bbl. 50.84 +0.38 +0.75% Jul 2017 12:55 AM
USd/gal. 153.27 +1.91 +1.26% Jun 2017 12:54 AM
USD/MMBtu 3.18 -0.02 -0.53% Jun 2017 12:58 AM
USd/gal. 148.20 +1.40 +0.95% Jun 2017 12:56 AM
 
Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/t oz. 1,256.60 -0.40 -0.03% Jun 2017 12:57 AM
USD/t oz. 1,255.89 -0.87 -0.07% N/A 1:07 AM
USD/t oz. 16.87 +0.04 +0.23% Jul 2017 12:57 AM
USd/lb. 261.30 -2.25 -0.85% Jul 2017 12:57 AM
USD/t oz. 925.91 -1.21 -0.13% N/A 1:08 AM
Index Units Price Change %Change Contract Time (EDT) 2 Day
USd/bu. 372.00 -0.25 -0.07% Jul 2017 12:40 AM
USd/bu. 452.25 -1.75 -0.39% Jul 2017 12:55 AM
USD/MT 1,805.00 -7.00 -0.39% Jul 2017 5/2/2017
USd/lb. 79.37 0.00 0.00% Jul 2017 12:45 AM
USd/lb. 127.05 +2.93 +2.36% Jun 2017 5/2/2017
 

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Exchange Rates
    

Date: May 3, 2017; Source: the National Bank of Kazakhstan

1 USD KZT 315.22 1 CHF

KZT 317.28

1 CNY

KZT 45.72

1 TRY KZT 89.13 1 JPY KZT 2.81
1 EUR

KZT 344.09

1 AUD

KZT 237.33

1 KGS KZT 4.66 100 UZS KZT 8.46 1 BYN KZT 168.93
1 GBP KZT 406.92 1 CAD KZT 230.88 1 RUB KZT 5.52 100 KRW KZT 27.92 1 UAH KZT 11.88

 

 

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