Kazakhstan elections feature only pro-presidential parties
Elections in Kazakhstan included only parties supporting the incumbent president, with the outcome expected to grant more power to the current head of state.
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Kazakhstan President Asks Putin to Freeze Ukraine War
Kazakhstan's President Kassym-Jomart Tokayev has reportedly asked Russian President Vladimir Putin to freeze the war in Ukraine, as the conflict threatens Kazakhstan's oil exports.
Central Banks Discuss Potential Interest Rate Hikes Amid Inflation Concerns
Central banks, including the European Central Bank and the Bank of Japan, are actively discussing potential interest rate hikes. While an ECB hike is expected, a BOJ board member has called for an early rate increase to address inflation.
ECB Officials Caution Against Assuming Next Rate Hike
Two European Central Bank officials, Martins Kazaks and Robert Kocher, have cautioned against assuming that the ECB's next policy move will be a rate hike. They also warned against taking preemptive rate action due to current economic uncertainty.
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Kazakhstan's Ruling Party Wins Parliamentary Elections, Solidifying President's Power
Exit polls indicate that Kazakhstan's ruling party, loyal to President Kassym-Jomart Tokayev, has secured a landslide victory in the recent parliamentary elections. This outcome is expected to further cement the president's authority following constitutional reforms.
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Kazakh President Urges Putin to End Ukraine War
Kazakh President Kassym-Jomart Tokayev told Russian President Vladimir Putin that the war in Ukraine should end, proposing a freeze to the conflict. The Kremlin responded that freezing the conflict is not currently possible, while Ukraine launched fresh strikes.
Kazakhstan and Turkey Begin Joint Drone Manufacturing
Kazakhstan and Turkey are set to begin joint manufacturing of drones, strengthening their defense cooperation.
Kazakhstan Releases First Tiger in Over 70 Years to Restore Species
Kazakhstan has released its first tiger into the wild in over 70 years as part of an ambitious program to restore the extinct species in the region. The Amur tiger, a gift from Russia, marks a significant step in conservation efforts.
Finnish Foreign Ministry Proposes Updating Kazakhstan Capital's Name
The Finnish Ministry of Foreign Affairs is proposing an update to the name of Kazakhstan's capital, as the previous short-lived name Nur-Sultan still appears in official documents.
ECB Not Rushing to Raise Interest Rates
Martins Kazaks, Governor of the Bank of Latvia and an ECB Governing Council member, stated that the European Central Bank has the "luxury" not to rush into raising interest rates.