Category Archives: Economics

Central Asian Republics Welcome New US Approach Toward Region

By: Alexander Kim, The Jamestown Foundation On November 1, the city of Samarkand, Uzbekistan, hosted the foreign ministers of the five Central Asian republics, who met together with US Secretary of State John Kerry in the newly introduced C5+1 format … Continue reading

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Volume of sales of Uzbek automobiles in Russia fell by 38% compared to 2013

Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan produced 245,700 automobiles in 2014 and exported over 55,000 of them, the press service of Uzavtosanoat said.

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World’s “least corrupt” nations fail to police bribery abroad

Countries praised by the European Commission for experiencing little or no corruption at home are failing to stop their own companies paying bribes overseas, raising concerns that the squeaky-clean reputations enjoyed by much of Scandinavia and northern Europe may be … Continue reading

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Despite rumors about being in coma, president Karimov presented his program today at the congress

While mass media continues discussion of “president‘s coma“, 77-year-old candidate for another term of presidency presented his program for the next 5 years.

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GM Uzbekistan increases car prices by 30% in Russia

Tashkent, Uzbekistan (UzDaily.com) —GM Uzbekistan increased prices for automobiles from 20% to 30% in Russia, according to the Russian mass media.

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Russia’s rouble crisis poses threat to nine countries relying on remittances

Drop in rouble value not only decimating amount sent home by workers from Caucasus and central Asia, but could lead to political unrest suggest  Shaun Walker and Alberto Nardelli in their publication in Guardian.

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Opinion: Uzbekistan expects “double-digit inflation” and riots

The national currency of Uzbekistan continues devaluation  against US dollar, loosing about 10% during over the last week. IA REGNUM published prognosis by an Uzbek expert, who preferred to remain anonymous.

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US dollar exchange rate rise by 8% in 10 days.

US dollar exchange rate on the “black market” Uzbekistan has grown from 3,420 to 3,750 of Uzbek soums per $ 1. This corresponds to 8% rise in past 10 days. Black market traders, explain the change by the depreciation of … Continue reading

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The global financial-economic crisis and Uzbekistan

The book by President of Uzbekistan Islam Karimov «The global financial-economic crisis, ways and measures to overcome it in the conditions of Uzbekistan» has been published in Tashkent.

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‘Financial Meteorologists’ And Their Political Predictions About The Russian Economic Storm – OpEd

Originally posted on EMerging Equity:
By Andrew Korybko Credit rating agencies are predicting quite a storm for the Russian economy, and they are therefore threatening to lower the country’s status to ‘junk’ level. Just as a weatherman may be incorrect about…

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