With Iran and Afghanistan as neighbors, Turkmenistan is often overlooked due to its proximity to geopolitical hotspots. Recent measures by its government to restrict emigration may seem peculiar without greater context on the challenges facing the country. Economic mismanagement and issues in securing the country’s border against the Taliban and the Islamic State (ISIS) and affiliated groups are just some of the signs that without a change in approach, there is a risk of a destabilization in the country. With endemic corruption, systemic flaws, and a totalitarian leader, the impact of larger failings in Turkmenistan could have potentially significant geopolitical repercussions.
The accession of Kazkommertsbank JSC to Halyk Bank of Kazakhstan JSC has been completed, the joint Halyk Bank said in a statement. The certificate of ownership and merger as of July 27, 2018 was signed on July 28, the message of the bank says.
AKIPRESS.COM - President of Tajikistan visited the construction site of the Rogun dam on July 25. The President was accompanied by Prime Minister Kohir Rasulzoda to see the progress of construction carried out around the clock at 78 blocs.
A wind power plant with a capacity of 42 megawatts will be built in Mangistau region of Kazakhstan, the press service of the mayor of the region said on July 23.
Human Rights Watch (HRW) has condemned prominent Tajik journalist Hairullo Mirsaidov's financial-crimes conviction and 12-year prison sentence.
By Huseyn Hasanov - Trend: President of Turkmenistan Gurbanguly Berdimuhamedov has signed a decree on setting up an inter-branch commission on food security, the national TV channel Altyn Asyr reported.
Religion plays a huge role for both people and the governments. Religion has determined and still determines the course of development for many countries to this day. There are mono-religious states, such as the Vatican, the Persian Gulf countries, and there are multi-religious states. We also know that at some point in history these states fought for the most prioritized way of development, which ended as a rule, with wars.
According to a recent study by a leading U.S. government oversight body, 17 years of U.S. counternarcotics efforts in Afghanistan have yielded “negligible” results. Despite the United States spending nearly $8.6 billion to curb the production and sale of poppies since 2001, poppy cultivation hit an all-time high in 2017, with the trend showing few signs of slowing.
The National Bank of Kazakhstan has kept the base rate at the level of nine percent, Kazakh media reported July 9.
By Huseyn Hasanov– Trend: During the meeting of the Turkmen State Security Council, a report was read out about the steps taken as part of the anti-corruption program, the Neutral Turkmenistan newspaper reported July 3.