A Mongolian woman was swindled out of USD 77,000 in a “devastating” romance scam, police have said.

The woman met the fraudster via a Facebook and developed a relationship in 2020. She was persuaded to transfer her money to her online lover, who is so-called American businessman Aliso Camelove, with the promise of a repayment threshold. However, the promise was never kept.

The victim has transferred a total of USD 77 thousand through 18 transactions through Golomt Bank of Mongolia. After two months, the woman realized that she has been swindled and contacted to the police. The Mongolian police contacted to US Consulate in Turkey and tried to identify that who the Aliso Camelove was. However, there was anyone who registered in US citizenship under name Aliso Camelove.

In similar cases, three Mongolian women swindled out of totaling USD 443,400.

The 2022 United Nations Climate Change Conference in Glasgow was an eye-opener for Mongolia. After attending the conference, the president of Mongolia, Khurelsukh Ukhnaa, launched a nationwide movement to plant 1 billion trees by 2030 as part of Mongolia’s commitment to the United Nations Sustainable Development Goals, as well as a way to fight desertification, deforestation, and food insecurity.

Since November 2021, the Office of the President and the Ministry of Environment and Tourism have been actively promoting the One Billion Tree nationwide movement. In March, the president officially announced the beginning phase of the project. As of June, 21 provinces (aimags) and 330 sub-provinces (sum) are participating in the seedling process.

In a five-minute promo video, governors from different provinces have pledged to plant 20,000 seedling in their respective provinces. Provinces such as Selenge, Darkhan, Bayankhongor, Tov, and Dornigovi have already started the seedling process.

The president’s economic and environmental policy advisory team, in cooperation with the Ministry of Environment and Tourism, is encouraging mining conglomerates and other entities in the public and private sectors to participate via government contracts. Since November 2021, 21 large corporations such as Erdenes Tavan Tolgoi, Oyu Tolgoi, Tavan Tolgoi, Energy Resource, and Erdenet Mining Corporation have signed government contracts and pledged to plant 608.5 million trees.

In a nationwide combined effort, the president is hoping to seed around 640,000 seedlings at a cost of 4.3 billion tugriks. According to the Mongolian Mining Journal, Mongolia will spend 1 percent of the national GDP on the One Billion Tree mega project.

When discussing Mongolia’s environmental issues, it is important to note that the northern parts of the country and its ecosystems are very different from the south, where the Gobi Desert occupies a large territory. Dornigovi’s provincial administration stated that, due to the Gobi Desert’s unique environment and ecosystem, the trees and plants that will be seeded in this area will be different from other areas and will require extra care. These regions are already combating desertification.

Mongolia’s extreme climate and its diverse ecosystems pose a challenge for policymakers looking to implement realistic, sustainable action-based goals. Throughout different administrations, Mongolian policymakers have initiated and implemented a variety of environmental policies. But these efforts are often disrupted by elections, resulting in changes of national and provincial administrations. Hence, these green projects rarely even received the necessary funding, let alone bringing successful results. It is fair to say that climate change has not really been a top priority for the Mongolian government.

According to the Montsame News Agency, Mongolia’s One Billion Tree nationwide movement will be implemented in three phases. The first phase will be completed by 2024, and intensification process will take two years, from 2024-2026. By 2027, the participatory parties should already be in the sustainable stage.

Khurelsukh hopes that the One Billion Tree nationwide movement will continue even after his single six-year term as president, which ends in 2027. During his speech at the U.N. General Assembly, he reiterated Mongolia’s fight against climate change, particularly emerging issues such as deforestation and desertification. These issues in many ways illustrate the larger struggle in highly urbanized modern Mongolia, where native sites are being taking over by mining-heavy industries.

On the other hand, the Mongols, known for their nomadic lifestyle, traditionally did not dwell in one place for a prolonged period. Hence, agriculture and prolonged environmental care has never been a breadwinner for Mongolian society.

As the global fight against climate change has become a main theme for environmentalists and conservationists, it is in Mongolia’s interest to be informed, involved, and active. Given Mongolia’s vast landscape, it is imperative for policymakers to implement policies that both treat current problems and help prevent further damage. Can Mongolia’s One Billion Tree nationwide movement be such a dual-purposed policy?

From a policy perspective, the implementation of this mega project will require continued federal and local funds. Equally important, the continuity mechanisms must prove that Khurelsukh’s initiation is not just for a showcase for Mongolia, but an action-based fight against many emerging issues. The biggest hope is that the participating parties will pick up the torch and continue the movement beyond any political change.

GUEST AUTHOR

Bolor Lkhaajav

Bolor Lkhaajav is a researcher specializing in Mongolia, China, Russia, Japan, East Asia, and the Americas. She holds an M.A. in Asia-Pacific Studies from the University of San Francisco.

Mongolia will hold an international conference of female peacekeepers to increase the role of women in peacekeeping operations, the presidential office of Mongolia said on Tuesday.

The three-day event, which starts on Thursday, is to be held under the auspices of Mongolian President Ukhnaa Khurelsukh.

With the theme of "Women, Peace and Security," it is expected to bring together hundreds of representatives and female peacekeepers from more than 30 countries and several international organizations, such as the United Nations, the presidential office said in the statement.

The participants will discuss challenges facing countries in achieving gender equality in the UN military and police missions.

This year marks the 20th anniversary of the first deployment of Mongolian peacekeepers to UN peacekeeping operations.

Since then, Mongolia has sent a total of over 20,300 military personnel, including more than 900 female peacekeepers, to UN peacekeeping operations around the globe, according to the Mongolian Armed Forces.

Globally by 2030, it is predicted that there will be 24 million new cancer cases per year, with 75% of cancer deaths occurring in the developing world. Baozhou Sun, PhD, associate professor of radiation oncology at the School of Medicine, Institute for Public Health faculty scholar and Global Health Center collaborator, and teams of university and global partners are working to bring advanced radiation therapy treatments (RT) to underserved parts of the globe.

Mongolia

Cancer has become a major public health problem in Mongolia as it accounts for more than 25% of all deaths. Of its 6,000 cancer patients diagnosed in 2020, due to lack of access and other factors, only 13% of patients were treated with radiation therapy (RT). Currently, the National Cancer Center of Mongolia (NCCM) is the country’s only RT center.

Department of Radiation Oncology team at the National Cancer Center of Mongolia, top left, Erdenekhuu Nansalmaa, General Director; Enkhtsetseg Vanchinbazar, Chief Medical Physicist and Minjmaa Minjgee, Head, Department of Radiation Oncology; Global Health Center Manager, Jacaranda van Rheenen, top right; School of Medicine Associate Professor, Baozhou Sun, bottom left; and Global Health Center co-Director, Victor Davila-Roman gather for a project call

In collaboration with WashU’s Department of Radiation Oncology, the Global Health Center, and NCCM, Sun’s team is using a grant from the American Association of Physicists in Medicine, to bring advanced types of radiation treatment to Mongolia’s cancer patients, and training to its staff. NCCM will be introduced to a rapid deployment and efficient quality assurance of advanced radiotherapy system developed at WashU called RACER, which will help streamline patient data collection, improve efficiencies in the process of cancer treatment delivery, and automate and standardize quality assurance processes. Sun says the goal is to bring this type of state-of-the-art treatment and technology to other lower- and middle-income countries. For Mongolia, it is essential. “This project will significantly enhance NCCM’s capabilities to increase RT delivery to a larger number of patients with improved quality, helping to bridge a major health care gap,” says Sun.

Iran’s state-run Islamic Republic Shipping Lines company has started transferring its first cargo of Russian goods to India through a new trade corridor, Arab News reported.

Dariush Jamali, Director of a joint-owned Iranian-Russian terminal in Astrakhan said the transfer was being coordinated and managed by the state-run Islamic Republic of Iran Shipping Lines Group and its regional offices in Russia and India and is expected to take 25 days.

The first transfer of Russian goods to India is being tried using a new trade corridor that transits the Islamic Republic, an Iranian port official said.

This comes amidst a rising Western push to isolate Russia from world trading with the EU and the US leading a series of sanctions while asking countries to shun Russian goods including oil and gas.

The Russian cargo consists of two 40-foot (12.192 meters) containers of wood laminate sheets, weighing 41 tons, that departed St. Petersburg for the Caspian Sea port city of Astrakhan, the state-run Islamic Republic News Agency said on Saturday, citing Dariush Jamali, director of a joint-owned Iranian-Russian terminal in Astrakhan.

The report didn't say when the cargo, which it described as an initial "pilot" transfer to test the corridor, left or give any more details about the goods in the shipment.

From Astrakhan, the cargo will cross the length of the Caspian to the northern Iranian port of Anzali and will be transferred by road to the southern port of Bandar Abbas on the Persian Gulf. From there it will be loaded onto a ship and sent to the Indian port of Nhava Sheva, IRNA said.

Dariush Jamali said the transfer was being coordinated and managed by the state-run Islamic Republic of Iran Shipping Lines Group and its regional offices in Russia and India and is expected to take 25 days.

Since Russia was sanctioned over its war on Ukraine, Iranian officials have been keen to revive a stalled project to develop the so-called North-South Transit Corridor that uses Iran to link Russia to Asian export markets. The plan involves eventually building a railroad line that can transfer goods arriving at Iranian Caspian Sea ports to the southeastern port of Chabahar.

Mongolian member association NARTAM has celebrated its 30 years of existence, championing road transport and trade in Mongolia and beyond.

A rapidly evolving transit and transport hub, Mongolia plays a crucial role in supporting trade between large economic powerhouses in Asia, Eurasia and Europe.

The global IRU family has long supported Mongolia in reaching its full potential in transit and transport. Over the years, NARTAM has developed partnerships with the Mongolian government, notably with the Ministry of Transport and Customs Administration, as well as other public and private stakeholders.

Backed by IRU, these continuous efforts have turned Mongolia from a landlocked country into a land-linked country, through the application of United Nations Conventions, including the TIR Convention. The country has already seen development gains, and has managed to remain resilient during the pandemic.

During a visit of the President of Mongolia, H.E. Mr Khaltmaa Battulga, to the IRU Headquarters in Geneva, just a few years ago, IRU reiterated its support to provide respective services and capacity-building initiatives to achieve these ambitious, yet achievable goals.

Commenting on this significant milestone, IRU Secretary General Umberto de Pretto said: “Through all these years, NARTAM has been committed to upholding the interests of Mongolian road transport operators at all levels, domestically and internationally. On behalf of the global road transport industry, IRU thanks NARTAM for 30 years of hard work, persistence, dedication and success.”

As a sign of recognition for its valuable contribution to championinig road transport and trade in Mongolia and beyond, and to honour professional and social accomplishments in representing Mongolian hauliers, IRU has presented an anniversary plaque to NARTAM’s President and Executive Director, Mr Naranpurev Davaakhuu.

MANILA, Philippines — The Philippines and Mongolia have signed a memorandum of understanding (MOU) that will promote defense cooperation between the two countries.

Defense Secretary Delfin Lorenzana held a bilateral meeting with his Mongolian counterpart Gursed Saikhanbayar on June 10 on the sidelines of the Shangri-La Dialogue in Singapore, where they later signed the MOU, the Department of National Defense said on Monday.

The MOU aims to further boost cooperation between the two countries in defense and security policy, military education and training, capacity building, peacekeeping operations, humanitarian assistance and disaster response, defense industry and logistics, research and technology, and other areas agreed upon by both sides.

The two countries earlier discussed boosting defense ties in 2018 when Lorenzana was in Mongolia for the Asian Ministerial Conference for Disaster Risk Reduction.

Read more: https://newsinfo.inquirer.net/.../ph-mongolia-agree-to...

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As the mining industry gathers in Toronto this week for one of its biggest annual events, the focus will be on two groups of metals: one that’s seeing soaring demand across the world, and another with almost no industrial utility.

Thousands of investors, executives, bankers, and government officials are set to converge on the Prospectors & Developers Association of Canada conference at the biggest mining hub in the Americas. After a multi-year slump, the industry is beginning to pick up on the back of the rising consumption of metals like nickel and lithium used in batteries. Long-term projections for electric vehicles show an urgent need for new mines for those elements.

But another theme also likely to dominate the PDAC show from June 13-15 is dealmaking in the gold industry, weeks after a pair of multi-billion dollar deals involving Canadian miners created two of the top global gold producers.

“We are going to see consolidation continue,” Jamie Rogers, co-head of global metals and mining at Bank of Montreal’s investment banking division, one of the industry’s top dealmakers, said in an interview. Mergers and acquisitions are being driven by a desire by companies to increase scale and improve their financial footing, “which means being big enough and liquid enough to attract a larger investor community.”

Global mining M&A

Interest in the key minerals needed to build and power EVs, wind turbines, solar panels, and battery storage are expected to pique investor interest at PDAC, which returns to an in-person gathering after the pandemic made 2021’s event a virtual affair. CRU Group will unveil its latest global outlook on copper, a key industrial metal needed in the push toward electrification, while other sessions will highlight lithium and other battery metals.

“These are inherently linked to exploration and mining,” PDAC President Alex Christopher said. “The transition cannot be realized without the minerals and metals needed to facilitate electrification and build the infrastructure needed for low-carbon technologies.”

The challenges arising from constrained global supply chains and the lingering impacts of covid-19 on mining operations will also be among the topics reflected throughout the conference, Christopher said.

Metals producers have been strengthening their balance sheets and reining in costs while generating cash flows to reward investors with dividends and share buybacks after learning lessons from overspending at the peak of the commodity supercycle more than a decade ago. New industry challenges have emerged as global disruptions to commodities and logistical snags clash with surging demand for metals needed to underpin the global push to electrify economies and embrace less polluting technologies.

Dealmakers

Investment bankers from four of Canada’s top banks will weigh in Monday on topics including financing, M&A and the ability of the mining industry to attract investment during a panel discussion. Those insights will come two weeks after South Africa’s Gold Fields Ltd. agreed to buy Toronto-based Yamana Gold Inc. for $7 billion, and four months after Canadian miners Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. sealed their $10.4 billion “merger of equals” to create the world’s third-biggest gold producer.

Precious metals also get a chance to shine, with presentations by Newmont Corp. Chief Executive Officer Tom Palmer, the World Gold Council, and a session on responsible gold mining are included on the agenda.

World Gold Council Chief Financial Officer Terry Heymann expects broader conversations around environmental, social and governance issues as investors and consumers want to ensure products they use are sustainably produced. Bullion’s role as a resilient investment to counter volatility brought on by climate change also will be a hot topic, he said in an interview.

This year’s event is expected to “see renewed interest in the precious metals side, which has really been quiet for the last year or so” as investors seek safety in times of geopolitical and economic uncertainty, said Jon Lamb, a portfolio manager at Orion Resource Partners. “There’s some good buzz on the gold side because prices have come off on both the equities and the commodity quite a bit, but the outlook is pretty strong.”

(By Yvonne Yue Li and James Attwood)

After more than two years of closed border policies, Japan is welcoming back foreign tourists. As of June 10, small groups, accompanied by tour guides, are being let in. Ahead of the limited reopening, dozens of foreign travelers got a taste of what to expect.

For now, Japan is only allowing tourists from 98 countries and regions to take part in the guided tours. Ahead of the June 10 reopening, the government released guidelines for the travel agencies that will be organizing them.

New guidelines for foreign travelers

The companies will educate their customers on local health guidelines, help them sign up for private health insurance and keep track of close contacts. In the event a traveler tests positive for COVID-19 while taking part in a tour, they will be guided to a designated healthcare facility for treatment. Close contacts will be asked to isolate, and any tour participant who is not considered a close contact will be allowed to continue the tour.

Japan has set up tourism guidelines.

Japan's Tourism Agency released these rules, based on findings from a series of test tours carried out in May and early June.

Test tours in Nagano Prefecture

On May 27, four travel agents from Australia arrive at Tokyo's Haneda airport. They're taking part in one of multiple government-sponsored packaged trips, organized through an approved travel agency.

Four tourists from Australia take part in the government-sponsored trip.

"I think I speak for all of us when I say we're very excited about Japan reopening its borders for travelers coming to the country," says Clement Kueh. They don't spend much time in the airport, nor do they get a chance to see Tokyo. Not long after landing, the four travelers head directly to Matsumoto City, Nagano prefecture.

Travelers are required to check their temperature in the morning.

They start their next morning off with a temperature check in the hotel lobby. It's one of several anti-COVID infection measures that they've pledged to abide by throughout their trip, like using hand sanitizer frequently and wearing masks when out in public.

On top of helping Japan to finalize guidelines for the June 10 reopening, the travel agents say they will use their experience to inform their clients back home, many of whom have not experienced mandatory masking rules for quite some time.

"Sometimes I forget about the mask, but we see everybody else is wearing them too, apart from eating, and we're not used to doing that in Australia now. Luckily our guide reminds us, mask on!" says Sandy Brasier, one of the participants. She and her fellow travelers are not allowed to stray very far from their tour guide, Tsukushi Kimiko, who offers frequent reminders about the rules.

Matsumoto Castle in Nagano Prefecture is a popular destination.

The main event of the group's first day of travel is Matsumoto Castle. Once an imposing fortress used by samurai to exert authority over the local populace, it's now a popular tourist attraction for foreign travelers and Japanese residents alike. People can climb the castle's steep wooden steps and see exhibits featuring some of the feudal-era arms and armor used by its former defenders.

Locals await the arrival of foreign tourists

The packaged tour is curated around pre-planned visits to museums and historical spots like this one. Members of the group are not allowed to go off on their own, but the itinerary does provide opportunities to explore and meet the locals. After visiting the castle, the travelers are allowed to take a stroll down Nawate Street, a popular shopping district that's a five-minute walk away.

Christopher Koch is one of the local business owners eager for foreign tourists to come.

Christopher Koch is a cafe owner who set up shop in Matsumoto City 6 years ago. He says he fell in love with the area shortly after moving to Japan from the United States. He says his business, which offers Western food like bagels and barbeque pulled pork, proved popular both with expats living in the city and foreign travelers passing through. In 2019, he moved to a larger location on Nawate Street.

Then, COVID-19 hit. "All my plans went out the window. Basically I wanted to have music events and parties and invite tourists, but with the pandemic, there are no more tourists," says Koch. He says a boarding house that he and his wife set up on their second floor went mostly unused, and their business dropped by almost 80%.

Koch says he's excited for the potential to meet more customers as Japan reopens for tourists. He says he understands that since it starts with small, guided tours, it may be a while before he sees a bump in business. However, he says the gradual reopening is a good first step.

Is the tourism boom coming back?

Meanwhile, members of the travel industry say a financial boom could still be months away. A representative with a subsidiary of Japan's largest travel agency says that under the current plan, most of their foreign customers are being left out.

Japanese travel agency CEO Kurosawa Billy Shinya says, "The overwhelming demand is from individual customers who can move freely."

According to Kurosawa Billy Shinya, President and CEO of JTB Global Marketing & Travel, just 17% of foreign tourists who came to Japan in 2019 took part in packaged group tours. The rest chose to travel solo.

"The overwhelming demand is individual customers who can move freely. If possible, I hope we'll be able to move toward the next step from around September, and be allowed to accept solo travelers," says Kurosawa.

Australian tourists visit Koch's cafe.

Back on Nawate Street, Koch has a chance to meet some of the Australian travel agents as they wrap up their first big day of sightseeing. They go elsewhere for dinner, but one of the travelers says she'll share a post about his cafe on Facebook.

"It was good seeing the tour," says Koch, as the travelers continue on their way. "It gives me some hope for the summer."

London (CNN Business)Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets in anticipation of sharp rises in interest rates to tackle inflation.

Nerves remain raw after two of the world's biggest cryptocurrency platforms restricted activity on Monday as the wider market meltdown continued apace.

The Celsius Network, which has 1.7 million customers, said that "extreme market conditions" had forced it to temporarily halt all withdrawals, crypto swaps and transfers between accounts.

"We are taking this necessary action for the benefit of our entire community in order to stabilize liquidity and operations while we take steps to preserve and protect assets," the company said in a blog post.

The UK-registered company has about $3.7 billion in assets, according to its website. It pays interest on cryptocurrency deposits, and loans them out to make a return.

"Celsius suspending withdrawals yesterday gave extra downside momentum," noted Jeffrey Halley, senior market analyst, Asia Pacific, at Oanda. "I can only assume the next big level for bitcoin psychologically will be $20,000."

The cryptocurrency market has taken a hammering in recent months after its pandemic boom turned to bust. As the world's major central banks have hiked interest rates to tame spiraling inflation, traders have rushed to ditch riskier investments, including their volatile crypto assets.

Bitcoin, the world's most valuable cryptocurrency, fell about 8% Tuesday, dropping below $23,000. It has lost about 25% of its value since Friday — putting it about 67% below its all-time high in November last year, when it traded around $69,000, according to data from Coinbase.

Ether, the second-most-valuable digital coin, dropped 4%, taking its losses since Friday to about 32%. It has now lost about 75% of its value since November.

Binance, the world's biggest cryptocurrency exchange, suspended withdrawals on its bitcoin network for a few hours on Monday. The company said some transactions had gotten "stuck" and were causing a backlog.

"Binance team is working on a long-term solution to accelerate pending transactions on the bitcoin (BTC) network and prevent similar situations in the future," it said in a statement.

So-called "stablecoins" — cryptocurrencies that are tied to the value of more traditional assets — have also taken a hit. Tether, a popular stablecoin, broke its peg to the US dollar in May, puncturing the view that it could serve as a hedge against volatility.

TerraUSD, a riskier algorithmic stablecoin that used complex code to peg its value to the the US dollar, collapsed the same month, wiping out the savings of thousands of investors. The coin was valued at a little over $18 billion in early May before it crashed, according to data from CoinMarketCap.

Celsius Network did not say when it would allow customers to withdraw their deposits again, only that it would "take time."

Meanwhile, governments are watching the fallout of the crypto crash closely and could move to protect investors.

"There are many risks associated with cryptocurrencies," United States Treasury Secretary Janet Yellen told the Senate last month. She said her department was due to release a report on the matter.

— Julia Horowitz contributed reporting.