June 2017

Astana is ready for EXPO 2017, Mayor says

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These days, Astana is probably the busiest and most sleepless city in Central Asia. In an exclusive interview with The Astana Times, Akim (Mayor) of Astana Asset Issekeshev talks about the most relevant issues for the capital, the development of the transport system, the attraction of investments and, of course, the city’s preparedness for the highly anticipated EXPO 2017 to be held under the theme of Future Energy.

British programme at EXPO 2017 focus on creativity as source of energy

The British Council will present the Future Creative programme to bring U.K. contemporary culture to Kazakhstan and to promote cooperation between cultural leaders of Kazakhstan and the U.K. as part of the EXPO 2017. The programme will focus on the U.K.’s economy and feature a package of innovative projects in music, theatre and creative leadership designed to engage citizens in the life of smart cities.

Russian Currency War by Other Means Targets Ruble's Oil Link

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By Anna Andrianova  and Evgenia Pismennaya

A fiscal mechanism unveiled this year, under which the government absorbs all additional revenue when crude is above $40 a barrel, marks a “change in ideology” from the previous mechanism designed to ensure budget stability, according to Deputy Finance Minister Vladimir Kolychev. Given that the central bank is allowing the market to determine the exchange rate, the new approach sets the task of freeing the ruble from oil as the “main goal,” he said in an interview in Moscow.

Why Tiny Qatar Angers Saudi Arabia and Its Allies: QuickTake Q&A

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By Grant Clark  and Mohammed Sergie

Saudi Arabia and three of its Arab allies cut diplomatic ties with Qatar on Monday, furious with what they see as the tiny emirate’s tolerant attitude toward Iran and Islamist groups such as the Muslim Brotherhood. The moves by the Saudis, Bahrain, the U.A.E. and Egypt came soon after U.S. President Donald Trump visited the region and joined Saudi Arabia in lambasting Iran for sponsoring terrorism from Syria to Yemen.