The United Nations warned Monday that extreme winter weather that has killed more than 1 million livestock in Mongolia is likely to harm the country's food supply and worsen poverty.
Nineteen of Mongolia's 21 provinces have been hit by heavy winter snow and temperatures that have plunged below minus 40 degrees (minus 40 degrees Celsius), the organization said in a statement.
OT Agreement closer but still not here:
Ivanhoe president John Macken said: "Now we are in a position to make arrangements with the government to sign the Oyu Tolgoi Investment Agreement in the near future.”
- Mongolian parliament uncorks foreign investment bottleneck
- Copper, gold, coal, uranium seen ripe for development
- Third of population likely to remain in poverty for years
- Govt could use revenue to set up budget stabilisation fund
« previous1 next »
