  In this review we summarise the current status of the quasi-static
magnetohydrodynamic turbulence. The energy spectrum is steeper than
Kolmogorov's $k^{-5/3}$ spectrum due to the decrease of the kinetic energy flux
with wavenumber $k$ as a result of Joule dissipation. The spectral index
decreases with the increase of interaction parameter. The flow is quasi
two-dimensional with strong ${\bf U}_\perp$ at small $k$ and weak $U_\parallel$
at large $k$, where ${\bf U}_\perp$ and $U_\parallel$ are the perpendicular and
parallel components of velocity relative to the external magnetic field. For
small $k$, the energy flux of ${\bf U}_\perp$ is negative, but for large $k$,
the energy flux of $U_\parallel$ is positive. Pressure mediates the energy
transfer from ${\bf U}_\perp$ to $U_\parallel$.
