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Democratic Party (Mongolia)
The Democratic Party ( mn, Ардчилсан Нам, ''Ardchilsan Nam'') is a centre-right political party in Mongolia. History Founding and early years After the 1990 democratic revolution, Mongolia became a country with a multi-party system. The democratic revolution transformed Mongolia from a single party communist state into a dynamic democracy. Those who pioneered the democratic revolution established political parties such as the Mongolian National Progress Party and Mongolian Social Democratic Party during the Democratic Revolution. On 6 December 2000, five political parties – including the Mongolian National Democratic Party, Mongolian Social Democratic Party and others merged and established the Democratic Party of Mongolia. On 1 April 2006, a party convention elected Tsakhiagiin Elbegdorj as the Party Leader. Four candidates ran for the elections and in the first round. Elbegdorj won 46%, Erdeniin Bat-Uul won 40% and two other candidates won the rest. Without ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ulaanbaatar
Ulaanbaatar (; mn, Улаанбаатар, , "Red Hero"), previously anglicized as Ulan Bator, is the capital and most populous city of Mongolia. It is the coldest capital city in the world, on average. The municipality is located in north central Mongolia at an elevation of about in a valley on the Tuul River. The city was originally founded in 1639 as a nomadic Buddhist monastic center, changing location 28 times, and was permanently settled at its current location in 1778. During its early years, as Örgöö (anglicized as Urga), it became Mongolia's preeminent religious center and seat of the Jebtsundamba Khutuktu, the spiritual head of the Gelug lineage of Tibetan Buddhism in Mongolia. Following the regulation of Qing-Russian trade by the Treaty of Kyakhta in 1727, a caravan route between Beijing and Kyakhta opened up, along which the city was eventually settled. With the collapse of the Qing Empire in 1911, the city was a focal point for independence efforts, leading ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2016 Mongolian Legislative Election
Legislative elections were held in Mongolia on 29 June 2016. The governing Democratic Party lost to a landslide victory of the Mongolian People's Party, retaining only 9 of 76 seats in the Great Khural. While they just lost under 2% of the popular vote, a new electoral law passed by the Democratic Party itself when in Government to promote two-party politics, together with a 14% rise of the MPP, ended up making them lose 25 of 34 seats. As a result, the MPP secured a supermajority with 65 of 76 seats. Electoral system In the 2012 elections the 76 members of the State Great Khural were elected by two methods; 48 are elected from single-member constituencies and 28 from a nationwide constituency by proportional representation. However, on 5 May 2016 the electoral law was amended to remove the proportional representation seats. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erdenet Mining Corporation
Erdenet Mining Corporation ( mn, Эрдэнэт үйлдвэр English: Precious factory) is a mining corporation in Erdenet, Mongolia. The city was built in 1974 to exploit Asia's largest deposit of copper ore and is the fourth largest copper mine in the world. The Erdenet Mining Corporation is a joint Mongolian-Russian venture and accounts for a majority of Mongolia's hard currency income. Erdenet mines 22.23 million tons of ore a year, producing 126,700 tons of copper and 1954 tons of molybdenum. The mine accounts for 13.5% of Mongolia's GDP and 7% of its tax revenue. The mine employs about 8,000 people. History The city Erdenet Erdenet ( mn, Эрдэнэт, literally "with treasure") is the third-largest city in Mongolia, with a 2018 population of 98,045, and the capital of the aimag (province) of Orkhon. Located in the northern part of the country, it lies in a valley ... and its mill were built by Soviet technology with the help of Soviet specialists. The discovery of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zandaakhüügiin Enkhbold
Zandaakhüügiin Enkhbold ( mn, Зандаахүүгийн Энхболд, born May 23, 1966 in Ulaanbaatar) was the chairman or speaker of the State Great Khural from 2012 to 2016. He spent his childhood in Selenge Province. He was educated at Ural State University in Russia as an electrical engineer with a concentration on automation and telemetry from 1984 to 1989. Later, he earned a diploma of law from the National University of Mongolia in 1996 and graduated with an IMBA from the University of Denver in 2004. Although he joined the pro-democracy movement in late 1989 and the Mongolian Social Democratic Party in 1990, Enkhbold emerged on the political scene in 1996 when he was appointed the Chairman of State Property Committee, the government agency responsible for the administration of the privatization process in Mongolia. After electoral defeat in 2000, Enkhbold was elected as secretary-general of the Democratic Party (Mongolia) (DP). However, he resigned from his post a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oyu Tolgoi Mine
The Oyu Tolgoi mine, also ( mn, Оюутолгой, ; "Turquoise Hill"), is a combined open pit and underground mining project in Khanbogd sum within the south Gobi Desert, approximately east of the Ömnögovi Province capital Dalanzadgad. The site was discovered in 2001 and is being developed as a joint venture between Turquoise Hill Resources (a majority owned subsidiary of Rio Tinto) with 66% ownership and the Government of Mongolia with 34%. The mine began construction as of 2010 and shipped its first batch of copper on 9 July 2013. The Oyu Tolgoi mining project is the largest financial undertaking in Mongolia's history and is expected upon completion to produce of copper annually. Financing for the project has come in part from the Rio Tinto Group and an investment agreement between Ivanhoe Mines and the government of Mongolia. Rio Tinto reached an agreement with the government in January 2022 to move the joint Oyu Tolgoi copper and gold project forward and resolve o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale Anthropogenic hazard, anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as monetary policy, incr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rio Tinto (corporation)
Rio Tinto Group is an Anglo-Australian multinational company that is the world's second-largest metals and mining corporation (behind BHP). The company was founded in 1873 when of a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals, Rio Tinto also has significant operations in refining, particularly the refining of bauxite and iron ore. Rio Tinto has joint head offices in London (global and "plc") and Melbourne ("Limited" Australia).Suburbs & Postcodes " |
The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mongolian National Democratic Party (2005)
The Mongolian National Democratic Party ( mn, Монгол Үндэсний Ардчилсан Нам, abbreviated МҮАН or MNDP), and known until 2011 as the National New Party ( mn, Үндэсний Шинэ Нам, ҮШН), is a Mongolian political party established in 2005. The party is headed by Mendsaikhany Enkhsaikhan, a former Prime Minister of Mongolia from July 7, 1996 to April 23, 1998. The party formed a parliamentary coalition called Justice Coalition with the Mongolian People's Revolutionary Party, a party established in 2010. The coalition ended up having 11 seats in the Mongolian Parliament State Great Khural during the 2012 parliamentary elections held on 28 June 2012. The Justice Coalition formed a coalition government in Mongolia with the Democratic Party after the 2012 elections, but obtained no seats in the 2016 elections. This party (MNDP/MYAH) should not be confused with the similarly-named Mongolian National Democratic Party that was established ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mongolian People's Revolutionary Party (2010)
The Mongolian People's Revolutionary Party ( mn, Монгол Ардын Хувьсгалт Нам, Mongol Ardyn Khuvsgalt Nam) was a political party in Mongolia which was founded in 2010 by Nambaryn Enkhbayar. The party received approval to use the Mongolian People's Party's old name by the Supreme Court of Mongolia. Enkhbayar, former chairman of the original MPRP and a former President of Mongolia, was the party's leader. It merged back into the Mongolian People's Party in 2021. Ideology The party's stated mission was to: # Dismantle the oligopoly # Give more authority to the people # Give the people Mongolia's natural wealth # Provide employment and property for every household The MPRP believed that with the implementation of these integrated policies—aimed at creating human-centered social welfare, economic development and citizen-oriented governance—Mongolia and its people would achieve prosperity and progress. The MPRP, along with the Democratic Party, advocate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
