Having been accused of misappropriating hundreds of millions of dollars, Gulnara Karimova is now under house arrest in Tashkent; one more indication of the schism that is splitting the ruling family.
Kazakh banking is in a state of disarray, as banks assimilate the consequences of a recent 20% devaluation of the tenge. But there is also consolidation taking place, adding to the flux; and those bad loans…
President Nazarbayev has turned Kazakhstan into a Central Asian powerhouse. He is 73, and shows no sign of giving up the reins. But there are riches at stake, and people waiting in the wings.
The collapse of Iceland's three major banks in 2008 put tremendous strain and $100billion worth of losses onto this island of 300,000 people. Nick Kochan writes on the ongoing and uncompromising national investigation into the crisis
Supplying fuel to the American government to keep military planes running into Afghanistan is a lucrative business. Involving as it does politics and politicians in desperately poor Kyrgyzstan, it is also a highly controversial one. Nick Kochan writes on the fuel contracts that have come to be vie
