Mongolia

  • Ukraine’s parliament has started voting on major ministerial dismissals announced yesterday.  The parliament failed to sack the head of the state property fund, Vitaliy Koval, in the first vote, lawmakers said.  It comes as the country’s foreign minister, Dmytro Kuleba, resigned earlier this morning – the highest-profile casualty so far of a major government reshuffle…

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  • Mongolia ignored the International Criminal Court’s arrest warrant for Vladimir Putin as it rolled out the red carpet to receive him today. The Russian president should, in theory, have been handcuffed as he arrived – but the Mongolian government said earlier that it was difficult to arrest him due to the country’s position of energy…

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  • Mongolia expects coal exports to reach 75 million tons in 2024

    Mongolia’s coal exports are expected to reach 75 million tons by the end of this year, local media reported on Wednesday, citing the country’s Ministry of Finance. “When the 2024 budget was approved, coal export forecasts were set at 60 million tons. However, with over 53 million tons already exported to date, the revised estimate…

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  • Mongolia’s central bank cuts benchmark interest rate to 11%

    Mongolia’s central bank announced on Monday the decision to cut its benchmark interest rate to 11 percent. “After taking into account the current and future state of the economy and financial markets, and external risks to the economy, the monetary policy council of the central bank made the decision to cut the benchmark interest rate…

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  • Adidas, how old are you? That’s a typical question anyone who sees this picture should ask. I’ve asked mine already. We all know Adidas as an international brand seen everywhere and there’s no doubt that it is the most (imitated) popular sports shoe brand. I have seen similar ones like ‘Adibas’ and ‘Abidas’. Hold your arguments…

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