1 MONGOLIA DRAGGED ITS WILD HORSES BACK FROM EXTINCTION – CAN IT SAVE THE REST OF ITS WILDLIFE? WWW.THEGUARDIAN.COM PUBLISHED:2024/01/13      2 FOUR KILLED BY HEAVY SNOW IN MONGOLIA WWW.XINHUANET.COM PUBLISHED:2024/01/13      3 CHINA-MADE BUSES TO HIT THE ROAD IN MONGOLIA'S CAPITAL WWW.XINHUANET.COM PUBLISHED:2024/01/13      4 MONGOLIA'S GDP EXPECTED TO GROW BY 6.2% IN 2024 - WORLD BANK WWW.AKIPRESS.COM PUBLISHED:2024/01/13      5 CHINA'S IMPORTS OF MONGOLIAN COAL SET TO RISE AS TRANSPORT IMPROVES WWW.REUTERS.COM PUBLISHED:2024/01/13      6 RUSSIA BOOSTS FUEL EXPORTS TO CENTRAL ASIA, AFGHANISTAN AND MONGOLIA IN 2023 WWW.REUTERS.COM PUBLISHED:2024/01/13      7 MONGOLIA'S INFLATION DOWN TO 7.9 PCT WWW.XINHUANET.COM PUBLISHED:2024/01/11      8 PRESIDENT OF MONGOLIA INVITED HEADS OF STATE OF TWO NEIGHBORING COUNTRIES WWW.GOGO.MN PUBLISHED:2024/01/11      9 63.2 PERCENT OF MILK AND DAIRY PRODUCTS DOMESTICALLY SOURCED WWW.MONTSAME.MN PUBLISHED:2024/01/11      10 ELECTRIC VEHICLE CHARGING STATIONS TO BE BUILT AT 25 LOCATIONS IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/01/11      ИНФЛЯЦЫН ТҮВШИН 7.9 ХУВЬТАЙ ГАРЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/01/14     АЮУЛТ ҮЗЭГДЭЛ, ОСЛЫН ТОХИОЛДОЛ ӨМНӨХ ОНООС 4.3 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2024/01/14     ОЛОН УЛСЫН ЗАХ ЗЭЭЛЭЭС 225 САЯ АМ.ДОЛЛАРЫН БОНДЫГ АМЖИЛТТАЙ АРИЛЖААЛЛАА WWW.IKON.MN  НИЙТЭЛСЭН:2024/01/14     "МОНГОЛЫН ХӨРӨНГИЙН БИРЖ" ХК НЭГ ЖИЛИЙН ХУГАЦААНД 15.1 САЯ ТОНН НҮҮРСИЙГ ₮7.4 ИХ НАЯДААР АРИЛЖЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2024/01/14     ИНФЛЯЦЫГ ТОГТВОРЖУУЛАХАД ЧИГЛЭСЭН МӨНГӨНИЙ БОДЛОГО ХЭРЭГЖҮҮЛНЭ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2024/01/14     ИРЭЭДҮЙН БЭЛЭН БАЙДЛЫН ИНДЕКСЭЭР МОНГОЛ УЛС 124 УЛСААС 75 ДУГААРТ ЭРЭМБЭЛЭГДЭВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/01/14     XII САРД ШИНЭ ОРОН СУУЦНЫ ҮНИЙН ӨСӨЛТИЙН ХУРД ҮЛ ЯЛИГ СААРЧ, 9.9 ХУВЬ БОЛОВ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2024/01/14     БҮХ ТӨРЛИЙН ТЭЭВРЭЭР 105 САЯ ТОНН АЧАА ТЭЭВЭРЛЭЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/01/14     ИНФЛЯЦ 3 САР ДАРААЛАН НЭГ ОРОНТОЙ ТООНД ХАДГАЛАГДАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/01/11     ӨНГӨРСӨН ОНД НҮҮРСНИЙ ЭКСПОРТЫН 92 ХУВИЙГ АВТО ЗАМЫН ХИЛИЙН БООМТООР ГАРГАЖЭЭ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2024/01/11    

Events

Name organizer Where
”ТОКИОГИЙН ЗАГВАРЫН ЕРТӨНЦ” ҮЗЭСГЭЛЭН ЯАРМАГ RX Japan Tokyo

NEWS

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Japanese Emperor Akihito 'plans to abdicate' www.bbc.com

Japan's Emperor Akihito has announced his intention to abdicate in the coming years, public broadcaster NHK reports.
The 82-year-old, who has had health problems in recent years, reportedly does not wish to remain emperor if he has to reduce his official duties.
He has been head of state for 27 years and his abdication would be an unprecedented move in modern Japan.
His eldest son, Crown Prince Naruhito, 56, is next in line to succeed him to the Chrysanthemum Throne.
He plays a largely ceremonial role but is respected deeply by many Japanese and has been admired for distancing the monarchy from its association with the aggressive nationalism of World War Two.

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Chinese premier arrives in Mongolia for official visit, Asia-Europe summit www.xinhuanet.com

ULAN BATOR, July 13 (Xinhua) -- Chinese Premier Li Keqiang arrived here Wednesday for an official visit to Mongolia and the 11th Asia-Europe Meeting (ASEM) summit.

This is Li's first trip to the landlocked Asian country since he took office as Chinese premier in 2013, and the first official visit by a Chinese premier to the country in six years.

During the visit, Li will hold talks with Mongolia's new prime minister, Jargaltulga Erdenebat, and meet with Mongolian President Tsakhiagiin Elbegdorj and Chairman Miyegombo Enkhbold of the State Great Hural, Mongolia's parliament.

A series of cooperation deals covering trade, infrastructure, finance and energy, as well as climate change and media exchanges, will be signed during the two-day visit, the first half of Li's stay in Ulan Bator.

On Friday and Saturday, the Chinese premier will attend the 11th summit of ASEM, an intergovernmental forum aimed at fostering political dialogue and boosting cooperation in various areas across Asia and Europe.

He is also expected to hold bilateral meetings with leaders of some ASEM members.

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Controversy swirls around sale of Russian share of Erdenet mine to newly registered Mongolian company NAMBC Newsletter

Announced one day before the June 29 elections, the proposed sale of the 49% Russian-owned shares of Erdenet Copper and Mongolrostsvetment to a newly formed Mongolian company has provoked controversy and will be debated by parliament when it reconvenes after the ASEM meeting. In a post-election analysis on July 6 at our brother organization, the Business Council of Mongolia (BCM), columnist and civic activist D. Jargalsaikhan (“Jargal de Facto”) asserted that last-minute popular anger with the transaction may have cost the ruling Democratic Party (DP) more than 20 seats. A similar point was made by “Cover Mongolia” editor and publisher Mogi Badral Bontoi, writing in the Nikkei Asian Review , where the called the Erdenet sale announcement the “ tipping point” for the DP before the elections.

Russian state-owned Rostec company agreed to sell its shares in both companies for US$500 million, as reported by Bloomberg News. The buyer is the newly-formed Mongolian Copper Corporation, headed by 28-year-old Tsooj Purevtuvshin, who briefly worked previously as a legal adviser to the Trade and Development Bank (TDB), which provided partial financing for the sale. Tsooj Purevtuvshin has closed or terminated his various social media accounts. One commentator, writing in The Diplomat, claimed that the address of record for Mongolia Copper Corporation was the same as for Bloomberg TV News Mongolia , which is a partnership between Bloomberg Media Group and TDB that started broadcasting in 2012. The Mongolian State Property Committee (SPC) owns the 51% Mongolian share of Erdenet; news media have reported that the SPC had the right of first refusal if Rostec ever decided to se

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Erdenes Mongol LLC solicits nominations for three independent directors NAMBC Newsletter

Erdenes Mongol LLC (EMGL), the SOE which holds the state shares in various mining ventures including Oyu Tolgoi LLC, has started recruitment for three independent members to be appointed to the EMGL board of directors. EMGL CEO B. Byambasaikhan announced they are looking for qualified international candidates, have place an ad in The Economist, and are considering engaging a reputable international executive search firm. In addition, EMGL plans to recruit an Advisory Board to assist with strategic planning and fund-raising. These steps are part of a 2 to 3 year corporate transformation program for EMGL being financed by a US$35 million loan from the Asian Development Bank.

For details on applying for the independent director positions, visit
http://jobs.economist.com/job/12867/independent-director/

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Japan to partner in Russian industrial trade fair www3.nhk.or.jp

Government officials in Russia have announced Japan will be the partner country in a major industrial trade fair next year. The country wants to boost cooperation with Japanese manufacturers.
 
INNOPROM is Russia's biggest industrial trade fair. Minister of Industry and Trade Denis Manturov and Japan's Ambassador to Russia Toyohisa Kozuki spoke to reporters at the site in Ekaterinburg.
 
Manturov said cooperation between the 2 countries could expand dialogue in industrial circles as well as create a base for further trade and economic ties.
 
China was Russia's partner in last year's fair, while India is supporting the event this year.
 
The Japanese government will call on many of the country's manufacturers to participate next year.
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Japanese shares see third day of gains www.bbc.com

Japanese shares see a third day of gains, leading a positive trend across the Asia Pacific region.
Investors remain optimistic that Prime Minister Shinzo Abe's party's election win over the weekend will mean there will be more stimulus policies.
Mr Abe had described the vote as an endorsement of his reform policies and promised new government spending to help the economy.
Tokyo's Nikkei 225 index rose by 1.8% to 16,381.75 in morning trade.
In China, Hong Kong's Hang Seng was up by 0.6% to 21,359.54 while the mainland Shanghai Composite edged 0.4% higher to 3,062.84.
Australia's benchmark ASX/200 index in Syndey rose 0.5% to 5,382.60 points.
With the iron ore price seeing a strong rise overnight, commodity companies were among the best performers of the morning.
Atlas Iron was up by 9% after an 18% surge on the open. Fortescue gained more than 4% while BHP Billiton was up just over 2%.
In South Korea, the Kospi was up by 0.9% to 2,008.74 points.
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Japan revises downward growth for FY2016 www3.nhk.or.jp

Japan has revised downward its economic growth forecast for this fiscal year, which ends next March, citing weakness in consumer spending.
 
Officials at the Cabinet Office have released a new projection of around 0.9 percent growth in real terms for fiscal 2016. In January, the officials had made a projection of 1.7 percent.
 
The officials say that personal spending lacks strength, and that the government decision to delay a planned consumption tax hike has erased expectations for an increase in consumer spending before the tax hike.
 
They also say that uncertainty is spreading over the global economy due to economic slowdowns in emerging economies and Britain's decision to leave the European Union.
 
The Cabinet Office has also set growth projection for fiscal 2017 at 1.2 percent in real terms, which is lower than the government target of 2 percent.
 
The officials are expected to report their economic forecasts at a meeting of the government's Council on Economic and Fiscal Policy on Wednesday.
 
They say they expect the country's growth rate will be boosted by new economic stimulus measures due to be drawn up by the end of this month.
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Brussels urges Russia to lift Ukrainian transit restrictions www.rt.com

European Neighborhood Policy Commissioner Johannes Hahn has asked Russia to end the measures restricting the transit of Ukrainian goods. He also asked Ukraine not to rush responsive measures.
"I do not agree with these kinds of measures because they do not contribute to the positive development of the entire region, including Russia. I really urge Russia to take a different decision. Of course, we will do all we can to deal with this issue," said Hahn at a briefing in Kiev on Tuesday.
 
The EU Commissioner said he understands Ukraine’s desire to respond to Russia’s transit restrictions, but said this won’t help to achieve any peaceful outcome.In January, the Kremlin changed transportation rules for Ukrainian goods exported to Kazakhstan through Russia. Ukraine first has to transport the goods to Belarus in sealed containers. The freight must have the GLONASS navigation system installed when it enters Russia. The tracking system is to be removed as soon as the cargo leaves Russian territory.
 
On July 3, Russian President Vladimir Putin applied the same rules to Ukrainian exports to Kyrgyzstan and extended the restrictions until the end of 2017.
 
The next day, Kiev promised to introduce reciprocal measures for the transit of Russian goods, but until now has only extended the food embargo till the end of next year.
 
Russia suspended the free trade treaty with Ukraine in January after Kiev signed the EU Association Agreement. Moscow said Kiev’s move to open its borders to the EU compromises Russian interests and economic security. Russia is concerned that without a barrier, Ukraine could illegally supply embargoed European goods to Russia.
 
Before Kiev signed the EU Association Agreement, Russia and Ukraine were part of the free trade agreement between CIS countries.
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Italy 'facing 20 years of economic woe' www.bbc.com

The IMF has warned that Italy faces two decades of stagnant economic growth.
Its latest report on the country puts growth this year at under 1%, down from its previous 1.1% estimate, and forecasts growth in 2017 of about 1% - down from a 1.25% estimate.
The IMF says Italy will not reach pre-crisis levels until 2025, by which time its neighbours will have economies 20-25% above 2008 levels.
Italy is the third largest eurozone country.
It has 11% unemployment and a banking sector in crisis, with government debt second only to that of Greece.
The country's banks are under pressure because the long-standing poor economic performance has depressed tax revenue and increased the chances of businesses getting into difficulty and being unable to maintain their loan payments.
Italian banks are weighed down massive bad debts, and may need a significant injection of funds.
'Surge'
The IMF says any recovery is likely to be prolonged and subject to risks.
Among those risks are the UK's withdrawal from the European Union, which it said last week had prompted it to downgrade its forecasts for growth for the entire eurozone.
Other problem areas include "the refugee surge, and headwinds from the slowdown in global trade".
The IMF said last week that the eurozone was expected to grow by 1.6% this year and 1.4% in 2017. Before the referendum the IMF had predicted growth of 1.7% for both years.
The IMF also revised down its 2018 growth forecast to 1.6% from 1.7%.
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Million-dollar coin unveiled www.mining.com

Premier Colin Barnett today unveiled the world's first coin to feature a significant red diamond from Rio Tinto's Argyle pink diamond mine.
 
The exclusive $1 million Kimberley Treasure coin was struck by The Perth Mint from one kilogram of 99.99 per cent pure gold, and features an image of a red kangaroo holding a radiant 0.54 carat red gemstone between its front paws.
 
The unique collectable also displays the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse, confirming its status as legal tender of Australia.
 
Mr Barnett said the creation of the precious icon was a great example of two companies sharing a passion for quality craftsmanship and Western Australia's rarest and most valued resources.
 
"The Perth Mint and Rio Tinto's Argyle pink diamond mine have been at the hub of Western Australian industry for decades, so I am delighted to unveil a collector's item which captures two of the most beautiful treasures of our State," he said.
 
As an alternative asset class, gold is a traditional haven in times of uncertainty. The metal remains buoyant with its price rise directly linked to demand for the prized commodity. In recent weeks, gold has reached record price highs of more than AUD$1,850, exceeding its previous high of AUD$1,846 in 2011.
 
The Perth Mint refines more than 95 per cent of the country's newly mined gold and exports significant volumes of bullion bars to international markets. It provides world-class safe storage facilities for nearly 30,000 investors globally, who collectively hold more than $3 billion in precious metal with the Perth Mint.
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