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Regulation

Mexico moves to end telecom monopolies

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Mexico's government introduced a draft constitutional reform Monday to end monopolies in telecoms industries that have built some of the country's biggest fortunes, AFP reports.

Central Bank Governor believes it’s time local banks turned to external borrowing

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The current money market conditions and significant decrease in the banking system’s external debts are favorable for banks to start borrowing from the international capital markets, Newskaz.ru reports, citing the country’s Central Bank Governor Gregory Marchenko as saying at a press conference March 6.

CU has to regulate Kazakhstan oil supplies to Belarus

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Oil supplies from Kazakhstan to Belarus have to be jointly regulated by three countries of the Customs Union (CU): Russia, Kazakhstan and Belarus, RIA Novosti reports citing deputy Minister of Economy of Belarus Anton Kudassov.

$85 billion austerity hit lines up US economy

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An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts, AFP reports.

Kazakhstan Foreign Ministry against adoption of children by foreign same-sex couples

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Kazakhstan Foreign Ministry is against adoption of Kazakhstan children by foreign same-sex couples, Tengrinews.kz reports citing Director of the Consular Service Department of Kazakhstan Foreign Ministry Yryskali Daurenbek as saying at the national round-table meeting called Adoption in Kazakhstan.