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Rio Tinto official: Renegotiation request is about politics

The controversy over the Mongolian government’s request to renegotiate the Oyutolgoi mining investment agreement continues. The government has announced that it would like to increase its stake in the mine from the previously-agreed 34 percent to 50 percent.Last Sunday, Cameron

MPs working abroad

According to information provided by Parliament’s Office, 66 MPs are in Ulaanbaatar and 10 MPs are working in the countryside or abroad. S.Bayar is working in China until September 29. S.Byambatsogt is working in Hong Kong and J.Sukhbaatar in the

Inflation could reach 20 percent

The World Bank says Mongolia’s economy kept growing in 2011, according to a report in the newspaper Uls Turiin Toim. Growth was measured at 9.9 percent at the end of March, and at 17.3 percent at the end of June.

Standing Committee on the Economy cancels meeting

The Standing Committee on the Economy had a meeting scheduled for Tuesday, but it was cancelled because not enough members of the committee showed up. The meeting has been rescheduled for Friday.The members were supposed to discuss amending laws relating

B.Khurts returns to Mongolia

National Security Council Administrative Chief B.Khurts, who was arrested at London’s Heathrow Airport on September 17, 2010 and extradited to Germany in August, has returned to Mongolia. He arrived at Chinggis Khaan Airport at 14.50 on Tuesday. According to German

Working group discusses election issues

A working group of the Standing Committee on State Structure that is preparing a draft law on the 2012 election met on Monday. Officials from the Election General Committee (EGC) and General Authority for State Registration took part in the

DP forum continues in Selenge, Darkhan-Uul aimags

The DP’s “Mongol Citizen 2020” series of forums continues in Selenge and Darkhan-Uul aimags on October 1 and 2. “Mongol Citizen 2020” is a program aimed at informing citizens that they should be healthy and educated, earn reasonable wages, and

New trade center opens in Yarmag

A new trade center is expected to lower food prices for remote khoroos in the Khan-Uul district. Without a local trade center, Khan-Uul Governor J.Gankhuyag said food prices in the khroos were 30 to 40 percent higher than in the

Air pollution in Ulaanbaatar is second-worst in the world

Ulaanbaatar has the second-worst air pollution of any city in the world, according to a survey released on Monday by the World Health Organization.The study measured the levels of airborne particles smaller than 10 micrometers, known as PM10s, in 111

World Bank official says Mongolian economy faces risks

World Bank senior economist Rogier van den Brink is warning that, despite robust growth, the Mongolian economy still faces risks. He told News.mn in June that Mongolia must avoid “Dutch disease,” where the financial benefits of a boom in one

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