Speculative crude "bubbles" affect economy of Kazakhstan - Nazarbayev

Date: 06:30, 23-05-2014.

Astana. May 23. KazTAG - Speculative crude "bubbles" affect the economy of developing states, including Kazakhstan, said Nursultan Nazarbayev, President of Kazakhstan.

"Speculative crude bubbles pose risks for the world economy whose signs have been obvious in a number of key segments of global stock exchanges and crude market. Creation of bubbles results in high volume of check liquidity in the world. Only the US, Japan, Great Britain and Eurozone injected about $5.5 trln into the economy. Of course, it affects the emerging markets, our states, including Kazakhstan," he said at VII Astana economic forum.

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