Central Asia pushes ahead with digital currencies
Central Asia is moving beyond experiments with digital assets as governments begin putting new forms of digital money into practice.
Central Asia is moving beyond experiments with digital assets as governments begin putting new forms of digital money into practice.
Kazakhstan has elected its first unicameral Kurultai, bringing into force a sweeping political overhaul launched less than a year ago. The vote marks a major step in implementing the country’s new Constitution.
Kazakhstan has received a fresh vote of confidence in its economy after S&P Global Ratings upgraded the country’s credit rating, citing stronger public finances, solid reserves and steady economic growth.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of August, covering the latest developments.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Kazakhstan has concluded its first election to the new unicameral Kurultai, with turnout reaching 74.19 per cent, as vote counting begins following a major overhaul of the country’s parliamentary system.
Kazakhstanis went to the polls on Sunday in a snap parliamentary election held under the country’s new constitutional system, which replaces the former two-chamber parliament with a single 145-seat legislature known as the Kurultai.
Kazakhstan accounts for 45% of Central Asia’s road and rail infrastructure investment, with around $32.3 billion committed as the region expands key transport links across Eurasia.
Kanye West’s first solo concert in Central Asia delivered an estimated five billion tenge ($11 million) tourism boost to Almaty, drawing 31,000 spectators from more than 50 countries.
A power disturbance that swept across Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan on 14 August has highlighted both the benefits and vulnerabilities of Central Asia’s interconnected electricity grid.
Kazakhstan has launched a unified digital platform to track coal supplies in real time, giving officials a clearer view of production, shipments, stocks and prices ahead of the heating season.
Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan all reported blackouts on Friday, which Kazakhstan’s Energy Ministry said had been caused by a "sudden change in the power flow" from the Central Asian grid.
The suspension of two major grain terminals in Russia’s Black Sea port of Novorossiysk could increase pressure on Kazakhstan’s agricultural market if Russian exporters divert supplies to Central Asia at discounted prices.
Central Asia’s economy has surpassed $543 billion, driven by Kazakhstan’s economic weight, strong exports and foreign investment, while growing trade across Asia points to an increasingly connected region.
An overnight Ukrainian drone attack on Russia’s Black Sea port city of Novorossiysk killed an eight-year-old child, injured others and damaged residential buildings, port infrastructure and grain facilities, Russian officials and industry sources said on Wednesday.
Ukraine has agreed to refrain from targeting certain tankers using Russia’s Black Sea port of Novorossiysk following a request from U.S. Vice President JD Vance, the Financial Times reported, although Kyiv has continued strikes on Russian targets at the port.
On 23 August, Kazakhstan will vote for the Kurultai, a new 145-seat, single-chamber parliament replacing the two-chamber system the country has had since independence.
Kazakhstan has begun building the Beineu-Saksaulsk highway, a new Middle Corridor link expected to shorten freight journeys between China and Europe by around 1,000 kilometres and reduce delivery times by up to three days.
Iran is moving closer to ratifying a long-delayed agreement governing the Caspian Sea, as Tehran seeks closer ties with neighbouring states amid growing security concerns and economic pressure.
Kazakhstan has released an Amur tiger into the wild for the first time in more than 70 years, marking the beginning of a long-term effort to restore the species to its historic range in Central Asia.
Tourists may soon be able to view Kazakhstan’s tourist sites by drone. Officials are planning to trial flights of between five and 30 minutes over landmarks in the country, its Ministry of Transport said.
Uzbekistan and Kazakhstan will remove tariff and non-tariff barriers affecting around 20 product categories from 10 August, in a move designed to facilitate cross-border trade and support businesses in both countries.
Georgia has wrapped up one of its busiest periods of foreign policy activity in years, with almost all of it focused on Central Asia.
Kazakhstan’s main oil export corridor was disrupted by drone strikes near Russia’s Black Sea coast in July, forcing a temporary suspension of crude loadings and raising fresh concerns over the vulnerability of regional energy infrastructure to the war in Ukraine.
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