1 VOLKSWAGEN TO SPEND $50 BILLION ON ELECTRIC CAR 'OFFENSIVE' WWW.CNN.COM PUBLISHED:2018/11/19      2 HABITABILITY OF MONGOLIA UNDER THREAT FROM CLIMATE CHANGE WWW.ADELAIDENOW.COM.AU PUBLISHED:2018/11/19      3 THE SURPRISE FUEL FLOWS SPARKED BY A RAGING U.S.-CHINA TRADE WAR WWW.BLOOMBERG.COM PUBLISHED:2018/11/19      4 MONGOLIA’S COAL EXPORTS IN FIRST 10 MONTHS UP 10PC WWW.XINHUANET.COM PUBLISHED:2018/11/19      5 ABOUT 100 THOUSAND PASSENGERS PASSED THROUGH MONGOLIA-XINJIANG BORDER WWW.MONTSAME.MN PUBLISHED:2018/11/19      6 CHINA'S ‘ONE BELT, ONE ROAD’ GLOBAL INVESTMENT PLAN MAPPED OUT WWW.RT.COM PUBLISHED:2018/11/19      7 ASIA SUMMIT ENDS IN HISTORIC FAILURE WWW.CNN.COM PUBLISHED:2018/11/19      8 INAUGURATION OF SHERAB KYETSEL LING INSTITUTE WWW.DALAILAMA.COM PUBLISHED:2018/11/19      9 US-MONGOLIA 'THIRD NEIGHBOR TRADE ACT' ON THE WAY WWW.THEDIPLOMAT.COM PUBLISHED:2018/11/17      10 CHINA'S FIGHT AGAINST SMOG MAKES PALLADIUM 2018'S BEST METAL WWW.MINING.COM PUBLISHED:2018/11/17      БНХАУ-ЫН ОЛОН УЛСЫН ИМПОРТЫН ҮЗЭСГЭЛЭН БНХАУ-ОХУ-ЫН БИЗНЕСИЙН ХАРИЛЦААГ ӨРГӨЖҮҮЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/19     АМЧАМ МОНГОЛ 2018 ОНЫ ЖИЛИЙН ТАЙЛАНГИЙН ХУРЛАА АМЖИЛТТАЙ ЗОХИОН БАЙГУУЛЛАА WWW.IKON.MN НИЙТЭЛСЭН:2018/11/19     ЗЭСИЙН ЗАХ ЗЭЭЛД ЦОЙЛУУЛАХ ХАРМАГТАЙ WWW.DNN.MN НИЙТЭЛСЭН:2018/11/19     ГАШУУНСУХАЙТ АВТО ЗАМ ХХК: БЯМБА ГАРАГТ ГАШУУНСУХАЙТ-ГАНЦМОД БООМТООР НҮҮРС ТЭЭВРИЙН 99 АВТОМАШИН НЭВТЭРСЭН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/19     НЭГ АЖИЛТАНД НОГДОХ ДНБ III УЛИРЛЫН БАЙДЛААР 3.7 САЯ ТӨГРӨГ БОЛЖ ӨСЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/19     ХЯТАДЫН ХЯЗГААРЛАЛТ $300-450 САЯЫГ ГАЦААНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/11/19     АЗЕРБАЙЖАН УЛС МАНАЙД ДАРС НИЙЛҮҮЛЭХЭЭР БОЛЛОО WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/19     ШУУДАН, ХАРИЛЦАА ХОЛБООНЫ САЛБАРЫН ОРЛОГО ОНЫ ЭХНИЙ 9 САРД 21.4 ХУВИАР ӨСӨВ WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/19     БНСУ-ЫН АЖ АХУЙН НЭГЖҮҮДИЙН АУТСОРСИНГ ЗАХИАЛГЫГ ГҮЙЦЭТГЭХ ЗАЛУУЧУУДЫГ СОНГОН, ШАЛГАРУУЛНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/17     НҮҮРСНИЙ ЭКСПОРТ 10 ХУВИАР ӨСӨЖ, 31.3 САЯ ТОНН БОЛОВ WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/17    

Events

Name organizer Where
Frontier's "Invest Mongolia Tokyo 2018" Frontier Securities Tokyo Japan
"Open to Export" ICC WTO International business award ICC WTO London

NEWS

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Nationwide harvesting running at 90 percent www.montsame.mn

Ulaanbaatar/MONTSAME/ By the end of last week, the nationwide harvesting showed 90 percent fulfillment.

A total of 180 thousand tons of wheat have been sold so far, including 135 thousand tons for flour producers and 45 thousand tons for Farming Promotion Fund.

Throughout the country, 403 thousand tons of grain have been harvested from 298.5 thousand hectares, of which 386.6 thousand tons were wheat. Moreover, 160.8 thousand tons of potato and 93.5 thousand tons of vegetables have been cropped, which means that 99.9 percent of potato and vegetables, 80.6 percent of fodder plants and 57.3 percent of oil plants were harvested.

Alongside harvesting activities, works are being intensified to build a reserve of good quality seed. It is planned to formulate a resolution to intensify crop sales and provide loans with reduced interest to flour producers from commercial banks in order to purchase new crops and make it resolved by the government.

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Leicester City owner among five dead in helicopter crash www.bbc.com

The owner of Leicester City FC died when his helicopter crashed outside the stadium, the club has confirmed.

Vichai Srivaddhanaprabha, two members of his staff, the pilot and a passenger were killed when the aircraft crashed at about 20:30 BST on Saturday.

Witnesses said the helicopter just cleared the King Power Stadium before it spiralled out of control and crashed in a fireball.

Thousands of bouquets and scarves have already been left outside the ground.

Leicestershire Police said it believed the dead to be:

Thai billionaire Vichai Srivaddhanaprabha
Two members of his staff, Nursara Suknamai and Kaveporn Punpare

Mr Swaffer had over 20 years' flying experience as a private jet and helicopter pilot.

His career included flying helicopters for live media broadcasting including Channel 4's The Big Breakfast and the Virgin Radio traffic helicopter.

Mr Swaffer's friend Lucie Morris-Marr said he was a "veteran in the field" and would have done all he could to prevent lives being lost in the crash.

She added that he was a "funny and vivacious" man who was in an "aviation love story" with Ms Lechowicz.

"Not many people get to work and travel with their soulmate, travelling the world going to glamorous places," she said.

The couple were professional pilots who lived together in Camberley, Surrey. Ms Lechowicz moved to the UK from Poland in 1997.

In a statement, the Polish embassy said: "With great sadness, we received the news about the death of Izabela Lechowicz in the Leicester catastrophe.

"She was a great pilot, winner of the #Polka100 contest. It contributed to the creation of a positive image of Poland in the UK."

Mr Vichai, 60, who was married and had four children, bought Leicester City for £39m in 2010.

Under his ownership the club won the Premier League in 2016, having started the season as 5,000/1 outsiders.

In a statement, Leicester City said the club's thoughts were with "the Srivaddhanaprabha family and the families of all those on-board at this time of unspeakable loss".

The club described Mr Vichai as "a man of kindness, of generosity and a man whose life was defined by the love he devoted to his family and those he so successfully led".

"Leicester City was a family under his leadership. It is as a family that we will grieve his passing and maintain the pursuit of a vision for the club that is now his legacy," it added.

A book of condolence will be opened at King Power Stadium from Tuesday morning. The team's next fixture against Southampton in the EFL Cup, scheduled for Tuesday evening, has been postponed.

Leicester goalkeeper Kasper Schmeichel, who witnesses said ran out of the stadium towards the crash scene, said Mr Vichai had "changed football forever".

"I cannot believe this is happening. I am so totally devastated and heartbroken," he added.

Club captain Wes Morgan tweeted: "Absolutely heartbroken and devastated regarding the news of our chairman. A man that was loved and adored by everyone here at lcfc."

Premier League chief executive Richard Scudamore said: "Vichai was a gentleman who graced the game with his civility and charm and we will miss him enormously.

"His impact on Leicester - the football club and the city - will be remembered forever."

Paris Saint-Germain, Inter Milan, West Ham United, Tottenham Hotspur, Nottingham Forest and Swansea City were among the football clubs that passed on condolences to Leicester.

The helicopter came down in a car park near the stadium just over an hour after Leicester had drawn 1-1 against West Ham United in the Premier League.

Leicestershire Police confirmed no-one else had been injured and said the Air Accidents Investigation Branch had launched an investigation.

Who was Leicester's billionaire owner?
'Probably the best owner in England'
Supt Steve Potter said: "Emergency services were immediately on scene when the crash happened, working to put out the fire and gain access to the helicopter in attempts to reach those inside.

"Despite those efforts, there were no survivors."

Supt Potter said it was likely to take several days to complete the investigation at the crash site.

Freelance photographer Ryan Brown, who was covering the game, saw the helicopter clear the King Power Stadium before it crashed.

He told BBC Radio Leicester: "The engine stopped and I turned round and it made a bit of a whirring noise, like a grinding noise.

"The helicopter just went silent, I turned round and it was just spinning, out of control. And then there was a big bang and then [a] big fireball."

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Former NBA player Bateer elected president of China's Inner Mongolia Basketball Association www.xinhuanet.com

HOHHOT, China, Oct. 28 (Xinhua) -- Mengke Bateer, former NBA player who had won an NBA championship ring with the San Antonio Spurs, was unanimously elected president of the Inner Mongolia Basketball Association here on Sunday.

Bateer, 42, took the position at the first general congress of the association, which had halted its business for three decades due to shortage of professional teams and other reasons.

"I came back to my hometown and wanted to do some good to develop basketball," Bateer said. "I will make endeavors to provide an efficient and professional platform for those who love to play basketball," he added.

The regulations of the association were also passed during the congress.

Bateer was born in Ordos of Inner Mongolia in 1975 and began to play in China's national basketball team at 18. He earned the MVP honor at the 2002 CBA All-Star Games.

Bateer joined NBA's Denver Nuggets in 2001 and got an NBA championship ring with the Spurs in 2003, writing a chapter in Chinese basketball history.

He returned to China in 2005, playing for Beijing and Xinjiang in the CBA, and retired in 2015.

Bateer had also acted in movies such as Bodyguards and Assassins, Journey to the West: Demon Chapter and others.

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PM announces establishment of Water Agency www.zgm.mn

On the mark of the 80th anniversary of establishment of water sector in Mongolia, Prime Minister Khurelsukh Ukhnaa delivered a speech at the commemorative meeting last Friday and announced to inaugurate an agency responsible for water issues. “Mongolia had a Ministry of Water twice in the history, in which several major documents outlining policies on water industry were issued. For instance, the Law on Water Use ofMongolian People's Republic was approved at the 69th ordinance of Presidium of the People’s Great Khural and four tomes of General Scheme for Integrated use and Protection of Water Resources of the People's Republic of Mongolia were published in 1971-1975. The water sector remained silent since 1990 and the 2004 Law on Water included the state administrative bodies in charge of nature and environment, establishing Water Department under the Ministry of Environment. However, the Water Agency, which was consolidating Mongolia’s water policy, was disbanded in 2012; thus the water issue is being addressed only at a department level of Ministry of Environment and Tourism,” stressed Mr. Khurelsukh. Scholars are highlighting that the current structural organization of water authority and the scope of state policy is not aligning with the facing water issues in Mongolia.

Previous water agency disbanded in 2012
Therefore, the PM expressed support on scholars’ initiation in instituting an agency responsible for water issues and ordered the Minister of Environment and Tourism Tserenbat Namsrai to study the opportunities of establishing the agency and submit it to the Cabinet for discussion. He then noted that Mongolia is rendering a policy support on water, underscoring that the Government of Mongolia has signed a USD 350 million worth agreement with the Millennium Challenge Corporation on improving water supply in Ulaanbaatar. Successful completion of the project will also allow for a greywater use for factory use.

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Azerbaijani products to be exported to Mongolia www.en.trend.az

Azerbaijani products will be exported to Mongolia, Azerbaijani Ministry of Economy said.

The export mission, organized to the Mongolian capital Ulaanbaatar by the Azerbaijan Export and Investment Promotion Foundation with the support of the Ministry of Economy, was completed to promote the Made in Azerbaijan brand and promote local products in foreign markets.

The export mission with the participation of 17 Azerbaijani companies operating in the production of wines and other spirits, milk and dairy products, canned products, medicinal herbal teas, confectionery, mineral water, in the field of ICT and others, met with Mongolian colleagues, discussed export issues.

Speaking at a meeting with Mongolian businessmen, Deputy Minister of Economy Niyazi Safarov informed about the diversification of the Azerbaijani economy, the development of the non-oil sector, activities carried out in the area of sustainable improvement of the business environment, as well as stimulating the development of the private sector, expanding Made in Azerbaijan brand and the promotion of foreign investment, the possibilities of expanding Azerbaijani-Mongolian cooperation and economic ties.

The products of the Azerbaijani companies included in the export mission caused great interest among Mongolian companies. Azerbaijani companies Absheron-Sharab, A + SO, Merit Brand, Sharg Ulduzu, Agro-Azerinvest, Aspi Agro, Azeri met with the largest distributor of wine products in Mongolia - World Wine LLC and Sansar chain stores. Primary agreements were reached on the export of Azerbaijani wines to Mongolia, as well as on the export of products between the Azerbaijani company Aspi Agro and the Mongolian company World Wine.

An agreement on the sale of plant extract was also reached between the Azerbaijani company Herba Flora and the Mongolian company Vitalit Invest.

The Azerbaijani company Konfirom and the Mongolian companies Shizhirzhin Group, Altan Jolo Impex, McN Export negotiated on the export of confectionery products, Gilan FMCG and the Mongolian Vertus Group and supermarket chain Sansar - on the export of fruit juices and canned products.

The services offered by the Azerbaijani companies Cybernet, Sinam, Neuron Technologies and AZINNEX, operating in the ICT field, were met with great interest by businessmen and representatives of the state structures of Mongolia.

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Silk Road on steel wheels: Belgium & China launch new cargo train route www.rt.com

The first cargo train, loaded with 37 containers, left the Belgian city of Liege this week to travel to the capital city of China’s Henan province. The freight route is part of China’s ambitious One Belt One Road project.
The train is loaded with goods including auto parts, baby food, pharmaceuticals and steel products for import stores in central China. It will travel 12 days across the continent via Russia before arriving in Zhengzhou. The trip is to cover more than 11,000km.

The train service is scheduled to run once a week initially, with the frequency to rise in the future.

“We have every interest in turning to China and having close, strong relationships, and we must see this as an opportunity and a necessity,” said Pierre-Yves Jeholet, vice president of Wallonia.

He explained that Wallonia is encouraging the region’s large exporters and small- and medium-sized enterprises alike to export more products to China.

“This railway link is proof that together we are able to make such projects,” he said.

The Zhengzhou-Liege cargo train route is the third of its kind connecting the two countries. The first route was launched in June last year, linking China’s Daqing City to Zeebrugge Port. This year, the countries opened the second route, which connects north China’s Tangshan City to Antwerp Port.

Focused on trade-boosting infrastructure projects along the path of the ancient Silk Road, the One Belt One Road Initiative aims to connect China to Europe, the Middle East and beyond.

Experts predict that China’s ambitious multi-trillion-dollar project will significantly increase global trade, cutting costs by half for the countries involved.

Since the launch of freight trains between China and Europe in 2014, nearly 11,000 trains have moved between European and Chinese cities.

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Spain to close most coal mines by end of 2018 www.mining.com

Spain will close most of its coal mines by the end of the year after government and unions reached a deal that will see €250 million invested in mining regions over the next ten years, The Guardian reported today.

Pedro Sánchez’s new administration reportedly moved quickly on environmental policy, killing a controversial solar industry “sunshine tax”, and announced a national climate plan will be launched in November.

The mining deal covers Spain’s privately-owned pits, and mixes early retirement plans for miners over 48, environmental restoration initiatives and re-skilling plans for green industries.

Over 1,000 miners and subcontractors will be out of work when 10 pits close by the end of 2018. Many of the sites were uneconomic, and the European Commission provided over €2 billion in aid to keep some of the sites open temporarily.

About 600 workers in Spain’s northern mining regions – Asturias, Aragón, and Castilla y León – will be able to benefit from social aid under the scheme, while approximately 60% of the miners may opt for early retirement.

Spain’s coal industry employed more than 100,000 miners in the 1960's, but its energy dominance was eroded by cheap imports and the industry’s environmental, health and climate costs. National coal provides just 2.3% of Spain’s electricity, the Guardian reported.

In 2016, 23,000 early deaths in the EU were reported from coal-plant pollution.

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Model road built in Khovd aimag benefits local people www.montsame.mn

Citizens of Khovd aimag are happy with spending 4-5 hours on the road where it used to require two days before. What is more, paved road between Khovd aimag and the border with China was built with financing of the Government, the Asian Development Bank (ADB) and Exim Bank and was put into operation three years ago.

ADB Country Director for Mongolia Yolanda Fernandez Lommen visited the aimag last week to familiarize with how local people are benefitting from the road that connected north and south borders of Mongolia.

Within the framework of Western Regional Road Corridor Investment Program, 404 km of paved road out of 740 km was built with funding of the ADB. Thanks to the paved road the citizens began to benefit by saving their time, promptly receiving medical services, getting rid of technical damages in vehicles and profiting from their businesses. It also helps expand international trade and economic cooperation. The world-standard auto road with guardrails, flood protection dam, rest areas and road signs could be model infrastructure in road sector of Mongolia.

Ms. Yolanda Fernandez Lommen said that the paved road developed in Khovd aimag, center of the western region, commissioned in 2015. The ADB funded it with about USD 200 million. Construction of roads and buildings run for a short period of time in Mongolia due to the extreme weather conditions. Furthermore, Khovd aimag is a rocky and mountainous area and flooding and natural factors caused much obstacle in the road construction. I am delightful that Mongolia now has a road that satisfies international standard. It is a special road as it gives benefits not only to Mongolia but also other countries.

Citizens of Khovd aimag shared their impression on the new paved road.

Citizen of Bichigt bag (smallest administration unit) of Jargalant soum B.Jantsan noted that the road is not only fruitful for Mongolia also for Russia and China. Prior to having the new road, only UAZ-469, Russian made van and heavy trucks used to travel. Whereas the new road provides us with opportunity to travel by passenger car. Our soum is truly developing in keeping with the road. It brought many achievements to our life such as receiving medical services directly and catching a bus between Khovd and Ulaanbaatar city without going to the aimag center. Our bag locates 210 km from the aimag center and now it takes just two hours to reach there. Road quality is in good condition and we should pay attention on road maintenance further.

Whereas Citizen of Mankhan soum Kh.Tsendee shared her impression by saying that the paved road built with finance of the ADB is making much contribution to our life. It has been facilitating our work and eases life. Our family runs canteen, grocery and tire repairing service along the road. Before, a few of people used to receive our service, but more people get to receive our service due to increased passenger flow thanks to the new road and now our profit has been risen. Therefore, I am expressing my gratitude to all people who built the new road and made investment to the construction.

Altai soum of Khovd aimag has a population of 3219 or 808 households. More than 200 citizens of the soum were employed for assistant works of the road construction. In order to extend life of the road, the soum authorities intend to establish the road capacity control zone and reflected it in the landuse plan. The control zone will allow to control all vehicles travelling on the road. Ore transport from Naranbulag soum of Uvs aimag pass through here and we will put control on heavy trucks transporting 24-26 tons of freight. This movement will be stopped and we will focus our attention on road maintenance and protection, talked N.Burged, Head of Citizens Representatives Khural of Altai soum of Khovd aimag.
Such as this, citizens spoke about how the road built within Western Regional Road Corridor Investment Program leads them to the development.

Moreover, road construction process of the phase II project with funding of the ADB is running at about 90 percent performance reported specialist at advisory team of Western Regional Road Corridor Investment Program Ch.Enkhjargal.

Within the scope of the phase II project, 53.9 km of paved road from Khovd aimag to Shurga’s bridge is being built by HKB International Holding LLC. A total of 280 machineries and vehicles and over 400 workers were mobilized for the road construction work. Whereas 50 km of paved road from Shurga’s bridge to Khashaatiin Davaa pass is being developed by China Huashi Enterprises Limited LLC and being monitored by Indian-Mongolian joint ICT Company. Currently, Mongolia has a road network of about 48,538 km, but only about 13.2 per cent are paved—a situation that affects the country’s growth prospects, particularly on jobs, trade, and connectivity. The road project and its attached technical assistance prove that it improves Mongolia’s road asset management practices. and investment in road improvement and maintenance is crucial as it creates jobs, provides people with better connectivity and access to markets and public services such as schools and hospitals, and improves road safety.

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Hong Kong and New York exchanges requested to trade Tavan Tolgoi stocks www.montsame.mn

Ulaanbaatar /MONTSAME/ On October 25, Minister of Mining and Heavy Industry D.Sumiyabazar gave briefing on the preparation work for trade of ‘Erdenes Tavan Tolgoi’ stocks on the international markets.

“The selection process of the international advisors for the IPO issue is ongoing. We are preparing for the major upcoming mining forums to be held in Australia and London next month. Delegation of the Government, Ministry of Mining and Heavy Industry and the company authorities have met with the representatives of New York and Toronto stock exchanges, investment funds and banks in the mid-October. As a result, New York, London and Hong Kong stock exchanges expressed their willing to trade the stocks of Erdenes Tavan Tolgoi. It is planned to issue the IPO in April next year,” said Minister D.Sumiyabazar.

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Google sacks dozens over sexual harassment www.bbc.com

Google has sacked 48 people including 13 senior managers over sexual harassment claims since 2016.

In a letter to employees, chief executive Sundar Pichai said the tech giant was taking a "hard line" on inappropriate conduct.

The letter was in response to a New York Times report that Android creator Andy Rubin received a $90m exit package despite facing misconduct allegations.

A spokesman for Mr Rubin denied the allegations, the newspaper said.

Sam Singer said Mr Rubin decided to leave Google in 2014 to launch a venture capital firm and technology incubator called Playground.

He was given what the paper described as a "hero's farewell" when he departed.

Mr Pichai's letter said the New York Times story was "difficult to read" and that Google was "dead serious" about providing a "safe and inclusive workplace".

"We want to assure you that we review every single complaint about sexual harassment or inappropriate conduct, we investigate and we take action," he continued.

None of the employees dismissed in the past two years had received an exit package, Mr Pichai added.

According to the New York Times report, two unnamed Google executives said then-chief executive Larry Page asked Mr Rubin to resign after the company confirmed a complaint by a female employee about a sexual encounter in a hotel room in 2013.

A Google investigation found the woman's complaint to be credible, the paper reported, but the company has not confirmed this.

Mr Rubin has said he did not engage in misconduct and left Google of his own accord.

The claims will add to the growing chorus denouncing sexist culture in male-dominated Silicon Valley.

Carolina Milanesi, an analyst at Creative Strategies in San Francisco, tweeted: "In a normal world this would mean Rubin is done, but tech has not just been forgiving, some tech sees little wrong with this.

"I'd like to think Google will clean up its act if anything to avoid having a retention problem with their female employees."

Shares in Alphabet, which owns Google, fell more than 3% in New York after it reported revenues of $33.7bn (£26.3bn) for the three months to September - slightly less than analysts had expected.

However, net profit soared $2.5bn to $9.2bn - far higher than expected.

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