Sunday, August 30, 2015


Central Asia's Economic Crisis Arrives

Kazakh officials are now talking about a period of "austerity," when just a few weeks back they were bidding to host the Winter Olympics.

August 30, 2015
When the price of oil started falling and Russia's economy began to weaken in 2014, it was clear the five Central Asian states would face economic difficulties. But Kazakhstan's recent devaluation, coupled with China's sudden downturn, herald the start of the bad economic times the region has been dreading. More


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