Mongolian President Declares State of Emergency Following Violent Protests

by yunowu 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

by yunowu 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

by yunowu 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

by yunowu Wed Jul 02, 2008 9:16 am

Interesting reading !!

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

by yunowu Wed Jul 02, 2008 9:18 am

MONGOLIAN CURRENCY STATS:

All Stats

Vew this page with:

Just Stats

Sources

Definitions

Both

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

by yunowu 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

by yunowu 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

by yunowu 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

Mongolian President Declares State of Emergency Following Violent Protests

Mongolian President Declares State of Emergency Following Violent Protests

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Mongolian tögrög

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Re: Mongolian President Declares State of Emergency Following Violent Protests