Mongolian President Declares State of Emergency Following Violent Protests

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Mongolian President Declares State of Emergency Following Violent Protests

Post by yunowu on Tue Jul 01, 2008 7:55 pm

By VOA News
02 July 2008

Mongolian President Nambaryn Enkhbayar has declared a four-day state of emergency in the capital following violent protests over Sunday's parliamentary elections.

According to the presidential decree, no public gathering will be allowed in Ulan Bator during the emergency period beginning Wednesday after midnight....
http://www.voanews.com/english/2008-07-02-voa3.cfm

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FACTBOX:What's at stake in Mongolia turmoil?

Post by yunowu on Wed Jul 02, 2008 9:04 am

July 2 (Reuters) - Five people were killed in a riot in Mongolia's capital sparked by discontent over alleged fraud in a weekend election, dampening hopes for a period of stable government to develop the mining sector and tackle inflation.
Here are some details on what is at stake in the giant grassland nation that lies between Russia and China.....

http://www.reuters.com/article/marketsNews/idINT33969120080702?rpc=611

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Mongolian tögrög

Post by yunowu on Wed Jul 02, 2008 9:07 am

The tögrög (Mongolian: төгрөг) (MNT, Tugrik, ₮) is the official currency of Mongolia. It was historically subdivided into 100 möngö (мөнгө).
The tögrög was introduced on December 9, 1925[1] at a value equal to one Soviet ruble, where one ruble or tögrög was equal to 18 grams of silver. It replaced the Mongolian dollar and became the sole legal currency on April 1, 1928...

http://en.wikipedia.org/wiki/Mongolian_tugrug

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Effects of CNY Revaluation on Mongolian Economy

Post by yunowu on Wed Jul 02, 2008 9:16 am

Interesting reading !!

http://www-personal.umich.edu/~kathrynd/Mongolia.w06.pdf

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MONGOLIAN CURRENCY STATS:

Post by yunowu on Wed Jul 02, 2008 9:18 am




MONGOLIAN CURRENCY STATS: All Stats












Vew this page with: Just StatsSourcesDefinitionsBoth
Currency tugrik (tughrik?)
DEC alternative conversion factor > LCU per US$ 1205.3...
ISO code MNT 496
Official exchange rate > LCU per US$, period average 1205.22...
PPP conversion factor to official exchange rate ratio 100 ... [100th of 169]
Regime float
Subdivision 84[84th of 192]
Symbol Tug
http://www.nationmaster.com/country/mg-mongolia/cur-currency

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Mongolia Must Protect Democracy, End Election Dispute, Ban Says

Post by yunowu on Wed Jul 02, 2008 8:13 pm

July 3 (Bloomberg) -- Mongolia must protect its democratic system and settle a dispute over election results that sparked riots in the capital and brought the imposition of a state of emergency, United Nations Secretary-General Ban Ki-moon said....

http://www.bloomberg.com/apps/news?pid=20601089&sid=ayK85fVDFCLw&refer=china

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UPDATE 3-Mongolia ruling party wins vote -election spokesman

Post by yunowu on Thu Jul 03, 2008 9:11 am

ULAN BATOR, July 3 (Reuters) - The ruling Mongolian People's Revolutionary Party (MPRP) has won parliamentary elections by a landslide, preliminary results showed on Thursday, after charges of election cheating sparked violence killing five people....

http://www.reuters.com/article/marketsNews/idINSP20354920080703?rpc=611&pageNumber=1&virtualBrandChannel=0

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The battle for Mongolia's resources

Post by yunowu on Wed Jul 09, 2008 10:21 pm

yunowu wrote:July 2 (Reuters) - Five people were killed in a riot in Mongolia's capital sparked by discontent over alleged fraud in a weekend election, dampening hopes for a period of stable government to develop the mining sector and tackle inflation.
Here are some details on what is at stake in the giant grassland nation that lies between Russia and China.....

]

Protests over allegations of election fraud in Ulan Bator have left the world worried about the stability of Mongolia's democracy.
Nearly two decades after the grassland state gave up communism in favour of democratic reforms and capitalism, the government still struggles with corruption, misconduct by officials and a largely unregulated mining industry.
Despite being one of the world's poorest countries, Mongolia's large reserves of natural resources have drawn increasing international interest alongside rising commodity prices and the rapid economic growth of China and India...
[url=http://english.aljazeera.net/news/asia/2008/07/200873104041725239.html]http://english.aljazeera.net/news/asia/2008/07/200873104041725239.html

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Re: Mongolian President Declares State of Emergency Following Violent Protests

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