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Archives Economics - Page 15 of 24 - New Eastern Outlook

Arcelor-Mittal in Kazakhstan: an unmitigated horror and an inglorious end

The blatant negligence of transnational corporations towards their employees in developing countries is clearly visible in their activities in Kazakhstan, which is not for the first time the site of tragedies of colossal proportions caused by the negligence of employers: just remember the recent disaster at the Kostenko mine in October this year, which belonged to a subsidiary of Arcelor-Mittal. At that time, more than 40 miners died as a result of methane leakage caused by chronic safety violations…

Boris Kushhov

Iraq Faces Challenging Times Again

The bloody massacre perpetrated by the distraught Israeli military led by Netanyahu against the civilian population in Gaza has a very negative impact on the whole situation in neighboring countries, thereby further exacerbating the already very turbulent situation in the region. In light of recent events, there have been a number of troubling developments in Iraq, where Shia militant groups such as Kataib Hizballah, Asaib Ahl Al-Haq and Badr have been at the forefront of the unrest. The head of Badr has said that the liberation of Palestine will begin in Iraq, and many militias have set up “support rooms”…

Viktor Mikhin

Darbaza-Maktaaral-Zhetysai: a small railroad with great prospects

On November 27, 2023, it became known about beginning of the construction of a new railroad in Kazakhstan. Construction is underway in the Turkestan Region, the southernmost region of the country. The length of the section under construction (Darbaza-Maktaaral station) is 152 kilometers, which is difficult to call a large-scale project for such a big country as Kazakhstan. The second phase of the project involves connection of the new railroad branch with the Uzbekistan railroad network through the border station…

Boris Kushhov