Standard & Poor’s Ratings Services says that while Kazakhstan’s recent local currency devaluation will not generally destabilize the economy, it will place additional pressure on the local banking sector. This is according to a report titled “Ripples From The Tenge Devaluation Will Add To Already High Credit Risks In Kazakhstan’s Banking Sector In 2014,” published on RatingsDirect.
14/03/2014Read more
The world loses or wastes one-quarter to one-third of all food produced for human consumption, according to the latest issue of the World Bank’s quarterly Food Price Watch citing FAO and World Resources Institute estimates.
28/02/2014Read more
The booming world fish trade is generating more wealth than ever before, but countries must help small-scale fishers and fish farmers benefit too, Food and Agriculture Organization of the United Nations (FAO) said today.
21/02/2014Read more
Facebook has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately US$16 billion, including US$4 billion in cash and approximately US$12 billion worth of Facebook shares.
20/02/2014Read more
The water, sanitation and sustainable energy crises are the among the world’s pre-eminent development challenges, senior United Nations officials warned on 18 February, urging Member States to adopt coherent integrated policies and innovative strategies to tackle these issues, which take a tragic toll on the lives of millions of poor people, especially women and young girls.
19/02/2014Read more
World imports of information and communication technology (ICT) goods stood at almost US$2 trillion in 2012, according to the latest data released by UNCTAD, up from US$1.8 trillion in 2011.
13/02/2014Read more
The United Nations and its partners are celebrating Safer Internet Day today with a special focus on education strategies to promote greater online safety for children and young people.
13/02/2014Read more
National Bank of Kazakhstan announced about devaluation of national currency – tenge – by 20% on Tuesday, 11 February 2013.
11/02/2014Read more
On 4 February, Microsoft Corp. announced that its Board of Directors has appointed SatyaNadella as Chief Executive Officer and member of the Board of Directorseffective immediately. Nadella previously held the position of Executive Vice President of Microsoft’s Cloud and Enterprise group.
05/02/2014Read more
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