Trading How
No Result
View All Result
Friday, March 24, 2023
  • Home
  • Economy
  • Markets
  • Investing
  • Crypto
  • Forex News
  • Stock Trading
  • More
    • Business
    • Real Estate
    • Politics
    • Tech
  • Tradinghow Traductors – Learn How To Trade – 10 Free Guidelines
Subscribe
  • Home
  • Economy
  • Markets
  • Investing
  • Crypto
  • Forex News
  • Stock Trading
  • More
    • Business
    • Real Estate
    • Politics
    • Tech
  • Tradinghow Traductors – Learn How To Trade – 10 Free Guidelines
No Result
View All Result
Trading How
No Result
View All Result
Home Investing

Kazakh leader seeks political capital in constitutional reform vote By Reuters

by Trading How
June 5, 2022
in Investing
129 4
0
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


5/5
Kazakh leader seeks political capital in constitutional reform vote
© Reuters. A voter casts her poll throughout a constitutional referendum at a polling station in Nur-Sultan, Kazakhstan, June 5, 2022. REUTERS/Pavel Mikheyev

2/5

ALMATY (Reuters) – Kazakhstan votes on a constitutional reform on Sunday promoted by President Kassym-Jomart Tokayev as a step in the direction of liberalising the tightly-run oil-rich nation, though it could nonetheless depart key powers in his arms.

The reform is probably going to offer the 69-year-old Tokayev the political capital he must run for a second time period within the Central Asian nation carefully allied with Russia, this time with out the backing of his former patron and predecessor Nursultan Nazarbayev.

Though in energy since 2019, following Nazarbayev’s abrupt resignation after three a long time in energy, Tokayev has solely totally emerged as an impartial determine this yr after subverting an tried coup in January and eradicating Nazarbayev and his family from key positions within the authorities.

Except for strikes to decentralise decision-making and permit better illustration of assorted teams in parliament, the reform may also strip Nazarbayev of his “nationwide chief” standing which granted him lifetime privileges.

Tokayev has described the proposed modifications as a transfer from a “superpresidential” system to a presidential republic with a powerful parliament. Though critics say the reform is beauty, it does mark a reversal from a decades-long pattern in the direction of strengthening presidential powers.

“We’re… laying the muse for the Second Republic,” Tokayev mentioned, addressing the nation on the eve of the vote.

Analysts say the transfer is partly a response to January’s unrest which began as a protest in opposition to a gasoline worth hike and advanced right into a broad show of public discontent with a system which concentrates energy and wealth within the arms of some.

Tokayev has additionally known as for larger taxes on the profitable extractive industries and high-income people, saying social justice could be the cornerstone of a brand new social contract.

Addressing home coverage considerations would unlock the profession diplomat’s arms to cope with unprecedented exterior turbulence.

Caught between main financial and safety associate Russia and the West, which has invested lots of of billions of {dollars} into its large oilfields and mines, Kazakhstan is attempting to navigate a means by the Ukrainian disaster with out angering both facet.



Source link

Previous Post

West African leaders put off further post-coup sanctions

Next Post

Austria released parts of its strategic oil reserve on Saturday - citing refinery incident

Next Post

Austria released parts of its strategic oil reserve on Saturday - citing refinery incident

Please login to join discussion
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
After Brexit, freedom to set own rules in fintech, crypto could benefit UK

After Brexit, freedom to set own rules in fintech, crypto could benefit UK

January 13, 2021
Ripple effect: Revolut issues warning about XRP while still letting users trade it amid SEC lawsuit

Ripple effect: Revolut issues warning about XRP while still letting users trade it amid SEC lawsuit

January 11, 2021
Retiring Well: Stock Market Swings

Retiring Well: Stock Market Swings

February 6, 2021
Nearly $170 billion wiped off cryptocurrency market

Nearly $170 billion wiped off cryptocurrency market

January 11, 2021

Regional bank shares fall as Fed persists with rate hikes despite industry turmoil

0
Ripple effect: Revolut issues warning about XRP while still letting users trade it amid SEC lawsuit

Ripple effect: Revolut issues warning about XRP while still letting users trade it amid SEC lawsuit

0
Nearly $170 billion wiped off cryptocurrency market

Nearly $170 billion wiped off cryptocurrency market

0
Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin

Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin

0

Regional bank shares fall as Fed persists with rate hikes despite industry turmoil

March 24, 2023

UBS survey shows slowing pace of EV sector By Investing.com

March 24, 2023

Apple may spend billions on theatrical movies, Premier League: reports

March 24, 2023

Exploring Mining Podcast – News from Mining Stocks (TSXV: CUU) (TSXV: CCCM) (TSXV: OPHR) (TSX: TLG) (CSE: ST)

March 24, 2023

Recent News

Regional bank shares fall as Fed persists with rate hikes despite industry turmoil

March 24, 2023

UBS survey shows slowing pace of EV sector By Investing.com

March 24, 2023

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • Politics
  • Real Estate
  • Stock Trading
  • Tech

Site Navigation

  • Home
  • Advertisement
  • Tradinghow Financial Traductors – Contact Us
  • Privacy & Policy
  • Other Links
  • Tradinghow – Free Subscription 1
  • Tradinghow Traductors – Learn How To Trade – 10 Free Guidelines

Newsletter

To stay on top of the ever-changing world, subscribe now to our newsletters.

Loading

*We hate spam as you do.

 

© 2020 Tradinghow - Premium Business & magazine website by tradinghow Inc.

No Result
View All Result
  • Home
  • Economy
  • Markets
  • Investing
  • Crypto
  • Forex News
  • Stock Trading
  • More
    • Business
    • Real Estate
    • Politics
    • Tech
  • Tradinghow Traductors – Learn How To Trade – 10 Free Guidelines

© 2020 Tradinghow - Premium Business & magazine website by tradinghow Inc.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.