The Kremlin’s Middle East diplomacy is driven by its rivalry with the West, the imperative …
Read More »Kazakhstan to nationalize top banks as crisis bites
ASTANA – Kazakhstan announced plans on Monday to effectively nationalize two of its leading banks as the global financial crisis tightened its grip on Central Asia’s biggest economy. The government said it will buy 78.14 percent of shares in the biggest bank, BTA, which has assets of $28 billion. BTA, …
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