The nominees are 27th Prime Minister Altankhuyag Norov, 21th Prime Minister Amarjargal Rinchinnyam, Member of Parliament, former Minister of Industry and Agriculture Battulga Khaltmaa, Member of Parliament, former Minister of Foreign Affairs Bold Luvsanvandan, former Minister of Justice Dorligjav Dambii and former Minister of Industry and Trade, former Chairman of Mongolian Republican Party Jargalsaikhan Bazarsad who recently rejoined the Democratic Party.

Nominee who earns the support of majority at the Democratic Party’s 8th Congress will be named as the party’s Presidential candidate.

Saudis also acquired 24 distribution terminals, Aramco said in a statement. The Saudi firm also got the exclusive right to sell Shell-branded gasoline and diesel in Georgia, North Carolina, South Carolina, Virginia, Maryland, Washington DC, the eastern half of Texas, and the majority of Florida.

The Gulf Coast refinery agreement was signed less than two months after US President Donald Trump met with Deputy Crown Prince Mohammed bin Salman at the White House.

In April, several members of Congress wrote a letter to US Treasury Secretary Steve Mnuchin, expressing concern that Russia’s largest oil company, Rosneft, could take control of Texas-based oil company Citgo.

The takeover “could pose a grave threat to American energy security, impact the flow and price of gasoline for American consumers, and expose critical US infrastructure to national security threats,” they wrote.

Nearly 50 percent of the Houston-based corporation’s shares, which belong to Venezuela, were offered last year as collateral when Venezuela’s state-run oil company PDVSA obtained a $1.5 billion loan from Russia’s Rosneft.

Last year, Google and Facebook reached $79.4 billion and $26.9 billion in advertising revenues respectively. They were followed by US-based telecoms firm Comcast, which brought in $12.9 billion.

According to the agency, online advertising has overtaken television to become the world’s largest ad medium.

“Digital platforms that are funded by internet advertising dominate our top 30 ranking. As well as [Google parent company] Alphabet and Facebook, there are five more pure-internet media owners in the top 30: Baidu, Microsoft, Yahoo, Verizon and Twitter,” the report says.

The seven online platforms generated $132.8 billion in internet advertising revenue last year – 73 percent of all internet adspend, and 24 percent of global adspend across all media, according to Zenith.

Twitter was the fastest-growing company in the ranking. The messenger service increased its ad revenues by 734 percent between 2012 and 2016.

Chinese media giant Tencent landed in second spot in the growth stakes, having grown by 697 percent over the same period, while Facebook was third with 528 percent growth.

Chinese web services company Baidu along with America’s Sinclair Broadcast Group more than doubled their ad revenues between 2012 and 2016, growing 190 and 171 percent respectively.

Zenith said that most of the media from the ranking are located in the US.

“The US dominates for several reasons: the US has the biggest ad market, US companies have invested the most in extending their reach abroad, and Silicon Valley innovation has powered the growth of internet advertising,” the report says.

“The scale of the biggest platforms highlights the importance of building strong partnerships between agencies and media owners. Brands need to deal with these platforms to communicate with consumers effectively and efficiently, and agencies need to ensure they do so on the best terms available,” said Vittorio Bonori, Zenith’s global brand president.

Reuters reported that Chinese steel futures rose to their highest in almost a month, supported by restocking demand after the holiday.

The most active rebar contract on the Shanghai Futures Exchange climbed 2.2% higher at $454 a tonne. Iron ore, a key ingredient in steelmaking, hit $77.28 a tonne on the Dalian Commodity Exchange, a gain of 4.7%. Four days ago the Northern China import price of 62% Fe content ore traded up 2.1% at $68.00.

"After the holiday there's a bit of restocking demand, that's why you see steel prices come up quite substantially and it's reflected in futures," Reuters quoted Helen Lau, an analyst at Hong-Kong based Argonaut Securities. She said market participants are watching closely Beijing's plans to tighten monetary policy, which would make it harder for Chinese steel mills to get loans.

In April iron ore sunk to five-month lows, but the steelmaking raw material is still trading in positive territory compared to this time last year. The recovery comes on the back of higher steel prices in China, which consumes nearly three-quarters of the world's seaborne ore.

Iron ore's fightback comes despite dire predictions for the price outlook.

In a report released last week BMI Research forecasts prices are entering a multi-year slump, averaging lower each year through to 2021. The forecasters expect the commodity to average $70 a tonne this year (year-to-date the average price is just under $82), $55 in 2018, and decline to $46 by 2021, on rising supplies from Australia and Brazil.

15.2 million offspring or 98 percent are healthy, the report says. In specific, 40.7 thousand baby camels, 162.5 thousand foals, 410.4 thousand calves, 8 million lambs and 6.6 million kids are being looked after across the country.

Number of newborns has increased by 2.4 million than the last week.

The Ministry of Food, Agriculture and Light Industry is running an Emergency Staff which is in constant contact with the provinces to provide advices and information on spring flooding, weather events and animal birth.
Kh.Aminaa

Mongolia's economy has slid into a crisis caused by heavy foreign debt, a collapse in its currency and a slowdown in growth in its biggest trading partner, China. The IMF board had been expected to approve a rescue package at a meeting on April 28.

"The Board discussion was postponed," said Neil Saker, the IMF's Mongolia country representative, in emailed comments, adding that they needed to examine the details of a new measure covering foreign exchange transactions by investors.

The IMF announced in February a $440 million Extended Fund Facility that Mongolia can draw on for three years, in addition to $3 billion from Japan and South Korea and a three-year extension to a 15 billion yuan ($2.18 billion) swap agreement with the People's Bank of China.

In the 2017 budget approved in the early hours of the morning on April 14, legislators introduced tax changes that would allow it to meet conditions set by the IMF.

But it also included a clause seeking to "improve" investment agreements with foreign partners, forcing firms such as miner Oyu Tolgoi LLC, jointly owned by Mongolia and Rio Tinto , to do all their banking with Mongolian institutions.

"We need a bit more time to understand the nature and the specifics of the measure, and whether the macroeconomic framework of the program remains valid," said Saker.

Mongolia's Ministry of Finance and Ministry of Foreign Affairs did not immediately respond for comment. ($1 = 6.8937 Chinese yuan renminbi) (Reporting by Terrence Edwards; Editing by Simon Cameron-Moore)

Confederation of Mongolian Trade Unions organized a nationwide peaceful demonstration on May 1, International Workers’ Day. The demonstration began at 12 PM on the not only central square but 21 provincial centers. The aim of the demonstration was to demand the implementation of the 2017-2018 trilateral Agreement on Labor and Society, established between the government, Confederation of Trade Unions and Employers’ Federation.

During the meeting, Kh.Amgalanbaatar, President of the Confederation of Mongolian Trade Unions said, “There are several issues of public concern such as wage, poverty and economic difficulty”. He expressed the confederation’s solid stance to adhere to the trilateral agreement.

For his part, Speaker M.Enkhbold spoke on the social and economic state of the country and the government’s actions taken to overcome these obstacles. “In order to maintain stability and ensure growth, the IMF program is crucial”, he said.

“I hope you acknowledge the importance of internal stability and mutual understanding in this time”, the Speaker said. The labor union representatives agreed that cooperation based on negotiations is necessary on issues the public is concerned about.