https://eurasianet.org/russias-economic-woes-starting-to-overflow-into-kazakhstan The value of the tenge, Kazakhstan’s currency, has dropped dramatically in recent months, hovering around 520-530 tenge per US dollar since the beginning of December. For comparison, the exchange rate was around 450 tenge per one US dollar in the beginning of 2024—its value has decreased by 13% over the course of the year. Many Kazakhs, facing inflation of… Read more »
Article: https://eurasianet.org/russia-forges-ahead-with-gas-ambitions-in-uzbekistan-kazakhstan Around this time last year, Russia had attempted to make a gas pact between Russia, Kazakhstan and Uzbekistan. That attempt had failed. both Uzbekistan stated that they wouldn’t be involved politically in exchange for gas, and Kazakhstan said that they would not be used to go around sanctions. But this year, as of the past couple months, both… Read more »
Only 6 years after having locations in Kazakhstan, McDonalds is leaving the country because of supply chain issues because of the Russia-Ukraine war. This pulling out was announced by the corporation on January 5th. McDonalds had already pulled out of Russia since the start of the war. The only country that was supplying Kazakhstan with beef was Russia, and with… Read more »
On Tuesday, Moscow will begin hosting peace talks that have sparked controversy before they have even begun. There is anger over the two-day “intra-Afghan dialogue”, both from the Taliban, who will be attending, and the marginalised administration of President Ashraf Ghani. On Monday, representatives of the radical Islamic group founded on anti-Soviet resistance confirmed a delegation would travel to the land of their once-sworn enemy. They will… Read more »
ASTANA. KAZINFORM – Trade turnover between Kazakhstan and the Chelyabinsk Region of Russia has almost reached $1.5 billion over the past nine months, Kazinform has learnt from the Russian Embassy in Kazakhstan. It is noted that Kazakhstan mainly exports agricultural products, soft drinks and tobacco to the Russian region. Experts note that two-way trade between Kazakhstan and the Chelyabinsk Region… Read more »
