In frame of the memorandum DBM will introduce standard of ‘Anti-bribery management system, requirements with guidance for use’ which was adopted by International Organization for Standardization (ISO) to support work for fighting bribery.

Introduction of the standard has importance to DBM to frame anti-bribery system, reduce risk to corrupt, contribute to decrease corruption index of Mongolia in international corruption perceptions index and to have an advantage to be involved in international projects and programs. DBM is the pioneer in introducing anti-bribery management system in Mongolia.

ISO 37001:2016 anti-bribery management system was adopted by ISO in October 2016 with an aim to back fighting bribery. The standard sets requirements and provides guidance for a management system designed to help an organization to prevent, detect, and respond to bribery and comply with anti-bribery laws and voluntary commitments applicable to its activities.

The National Council of Standardization of Mongolian Agency for Standardization and Metrology approved MNS ISO 37001:2017 in February 2017. ISO Mongolia LLC provides consulting service to introduce new management standards adopted by ISO.

But some birds live in ways we haven't observed in the dinosaur kingdom. Ducks, for example, alternate between water and land habitats, able to take advantage of both.

Until now, that hadn't been seen in dinosaurs, but the discovery of a duck-like dinosaur from Mongolia may change that.

The new dinosaur, Halszkaraptor escuilliei, was announced on Wednesday in the journal Nature. The remarkably complete fossil skeleton that paleontologists analyzed indicates it was likely a semiaquatic dinosaur, able to both swim and move about on land.

"This is the first dinosaur with a lifestyle similar to aquatic birds — this indicates that these dinosaurs were able to exploit an environment that was not considered in our previous interpretation of dinosaur history," Andrea Cau, a paleontologist at the Giovanni Capellini Geological Museum of the University of Bologna, said in an email.

This finding helps establish a new subfamily of similar dinosaurs, according to the paper. Several other fossil specimens from the same region fit into this family, indicating they're part of the same small branch on the evolutionary tree.

The discovery "illustrates how much of the diversity of Dinosauria remains undiscovered, even in intensely studied regions such as Mongolia," the authors wrote.

Researchers used a scanning method that Cau, the lead author of the study, described as "the most advanced scanning technology ever done on a fossil" to collect about 6,000 GB of data on the fossil while it was still partially embedded in rock. The dinosaur lived between 71 million and 75 million years ago.

It's hard to prove that this was, in fact, a semiaquatic creature, but the specimen has several features that match those of semiaquatic and fully aquatic reptiles and birds. Its arms had structures similar to those that birds like penguins use to swim. And it had a neck like a goose's, with rows of teeth in its mouth.

But instead of webbed feet, it had claws and toes like those of theropod family, which includes velociraptors and Tyrannosaurus rex.

The dinosaur most likely fed on fish, crustaceans, and small reptiles and mammals, Cau said. The other members of this subfamily would have been a similar size.

The finding shows that there's still plenty of new history to be revealed as paleontologists scour the Earth for remains of the past.

On the secondary market for government bonds, 676 bonds with a value of MNT67.0 million were traded.

The MSE ALL Index decreased by 1.39 percent to stand at 1,262.57 points. The MSE market cap stands at MNT2,752,582,107,080.

The world’s largest packaged food company said on Tuesday it will buy the maker of vitamins, probiotics and meal replacements from a group of investors led by Permira Funds.

About 80 percent of Atrium’s sales come from the United States, meaning there is still room to buy businesses elsewhere, such as the vitamins unit being sold by Germany’s Merck, which has a large presence in emerging markets and is also being looked at by Nestle.

“We continue to look for opportunities in things that make sense in very disciplined fashion,” said Greg Behar, head of Nestle Health Science, the division that will house Atrium Innovations.

Nestle Health Science already sells nutritional products for people with specific medical conditions and has been at the forefront of Nestle’s ambition to become a “nutrition, health and wellness” company as packaged food sales slow, amid changing tastes.

Nestle, the maker of Gerber baby food, Purina pet food and Nescafe coffee came under pressure this year to improve returns from activist shareholder Third Point. It has since announced a share buyback, a margin target and three other small acquisitions.

The purchase of Atrium, which will have $700 million in sales this year, will add to earnings immediately, Behar said. The deal reflects comments made earlier this year by Nestle’s new chief executive, Mark Schneider, who identified consumer health as a strategic priority.

“They’ve been trying to articulate a message around Nestle Health Science and health and wellness for some time,” Liberum analyst Robert Waldschmidt said. “In terms of nutrition, this makes sense.”

Atrium has seven factories in the United States, Canada, Europe and Argentina. Its biggest brand is Garden of Life supplements.

This is Nestle’s fourth purchase in recent months. It announced deals for Sweet Earth vegetarian foods and Blue Bottle coffee in September and Chameleon Cold-Brew coffee in November.

The purchase of Atrium is expected to close in the first quarter of 2018.

Atrium was advised by Morgan Stanley, RBC Capital Markets and William Hood & Co, a division of AXIA Capital Markets.

During the visit, Mr. D.Tsogtbaatar negotiated with his China counterpart and exchanged views on the comprehensive strategic partnership between the two countries as well as on international issues. The two ministers agreed to organise the first meeting of the humanitarian committee in the near future and to prepare for the visit of the Mongolian Prime Minister to China next year.

Chinese Foreign Minister Wang Yi noted that Beijing is working to solve the problem of the daily coal truck delay at the Ganshuun Sukhait-Gants Mod crossing as well as increasing exports of mining and meat products.

Last week, the virtual currency broke through both the $10,000 and $11,000 levels for the first time, blasting past $11,700 on Sunday.
Bitcoin’s rise in value in 2017 is unprecedented. It started from below $1,000 on January 1 and is now up more than 12-fold for the year.

The cryptocurrency has been growing at a dizzying pace over the past month, having almost doubled in price since November 1. Analysts’ warnings of bitcoin being a “dangerous bubble” have not stopped the rally.

Many are warning about the meteoric rise of the virtual currency, claiming it could end like the Dutch tulip mania of the 17th century or the millennium dot-com bubble.

Cryptocurrencies are reminiscent of those bubbles, according to legendary investor Jim Rogers. “It (bitcoin) looks and smells like all the bubbles I have seen throughout history.”

Bitcoin also has its defenders like entrepreneur William Mook, who told RT the cryptocurrency is a breakthrough transformation for our future. It’s a store of value which will replace fiat currencies as “each of these fail.” He also said the bitcoin bubble is not fatal because the digital currency’s value could “not be permanently lost.”

Financial adviser and Chief Investment Officer at Integral Capital Management, George Cotsikis also told RT that “the philosophy behind digital assets will transform our future,” adding, however, “it is questionable whether bitcoin will be the one asset to dominate this wave.”

Bitcoin's market capitalization has now surpassed $200 billion, making it worth more than major US companies like Boeing and General Electric. Its market cap is also bigger than the gross domestic products (GDP) of Greece and New Zealand.

If bitcoin were a country, it would be the 50th wealthiest nation in the world.

Copper on the Comex market for delivery in March, the most active contract declined 4.7% from Monday’s settlement price in heavy volume of more than 4.3 billion pounds touching a low of 2.9430 a pound in afternoon trade, a 10-week low.

On the LME, benchmark copper closed down 4.2% at $6,542 a tonne, which was the worst drop in a single session since July 2015. LME copper also came under pressure from an uptick in warehouse inventories with headline stocks rising 10,650 tonnes to 192,550 tonnes.

Last week a gauge of manufacturing activity in China, responsible for nearly half of global consumption of the metal, declined to the lowest in five months in November, but factory managers' views of the outlook for the next 12 months fell to the lowest level in more than five years.

In a research report released on Tuesday, Capital Economics predicts copper prices will edge lower over the next six months as "optimism about China’s demand fades and both mine supply and refined production revive":

After falling to US$6,250 per tonne in June 2018, we expect the price of copper to pick up on the back of strong growth in new sources of demand, particularly electric vehicles and renewable energy. Prices could reach $7,000 and $8,000 at end-2018 and end-2019 respectively, up from $6,700 today.
Capital Economics estimates that 2017 will record the first decline in copper mine supply since 2005 as a result of disruptions at the world's largest copper operations including Escondida in Chile, a joint venture between Rio Tinto and BHP, and Grasberg in Indonesia, owned by Freeport McMoRan.

Capital Economics predicts a 3.5% drop in primary copper supply this year, but a recovery to 2.8% growth in 2018 as world number two producer Peru adds some 300,000 in new production and mines like Norilsk's Bystrinsky mine in Russia ramp up output. Industrial action in Latin America, particularly in Chile, and more onerous environmental regulations could crimp expected production growth however.

The research firm expects modest 2% output in growth in 2019, but points to numerous projects coming on stream in coming years, including at Rio's Oyu Tolgoi operation in Mongolia, First Quantum's Cobre Panama mine and in Zambia where Glencore is expected to restart operations after refurbishing its Mopani mine.

Speaking to MONTSAME correspondent in Beijing, the Ambassador illustrated the outcome of the official visit of Minister of Foreign Affairs D.Tsogtbaatar to China on December 3-5.

Mongolian Foreign Minister D.Tsogtbaatar and Chinese Foreign Minister Wang Yi held official talks on December 4, following which a joint communique was released.

“The Ministers discussed the issue of Gashuunsukhait border crossing in detail. The Foreign Minister Wang Yi assured that China will cooperate on reducing the logjam of coal trucks,” the Ambassador said.

The sides agreed on increasing the number of coal trucks passing the border by 150-200. “Working groups from both sides will discuss means of environment-friendly coal transport from Mongolia to China and settle this issue before the visit of Prime Minister U.Khurelsukh to China,” he added.

Moreover, the Ministers touched upon possibilities of meat export from Mongolia to China and other third markets. “China agreed to assist Mongolia in exporting its meat and meat products,” said FM D.Tsogtbaatar during a press conference held at the Ministry of Foreign Affairs on December 5, after his return to the country.

During his meeting with authorities of the Asian Infrastructure Investment Bank, FM D.Tsogtbaatar exchanged views on the wastewater treatment plant of Ulaanbaatar. “The wastewater treatment plant construction will be financed by a Chinese loan. The Mongolian Embassy in China will look into this matter in cooperation with the Export-Import Bank of China,” said Ambassador D.Gankhuyag.

FM D.Tsogtbaatar instructed the Mongolian diplomatic mission in China to take some actions directed at promoting Mongolian SMEs and their products.

Mongolia and China are working towards increasing bilateral trade turnover to USD 10 billion by 2020. “Chinese Foreign Minister Wang Yi remarked that bilateral turnover could exceed USD 10 billion. As such, the two sides will focus on increasing the amount of coal passing through border without harming the surrounding environment,” noted Ambassador D.Gankhuyag.

According to the Ambassador, the Foreign Ministers also touched upon and agreed to activate transfer of prisoners from China to Mongolia.