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ULAANBAATAR, Mongolia (AFP) – At Ulaanbaatar’s Naiman Sharga money exchange market, elderly women stand in the street waving wads of money at passers-by, encouraging them to change foreign currency to Mongolian tugriks. Each transaction nets them a small profit — but when the value of the tugrik fluctuates it makes that more difficult, and lately the currency has taken a dive. This year the currency has fallen almost 15 percent against the US dollar — […]
TOKYO, FUKUOKA, Japan (Reuters) — A probe into an assault by a sumo grand champion is threatening to stain the image of Japan’s ancient national sport just as its popularity was recovering from previous scandals and a shrinking fan base. Mongolian “Yokozuna” (grand champion) Harumafuji apologized last week after reports emerged that he had pounded junior wrestler Takanoiwa with his bare fists and a Karaoke remote control while drinking at a restaurant-bar. Police are investigating […]
A cargo ship bearing the Mongolian flag sunk off northern coast of South Korea. The ship has a crew of sixteen North Koreans. According to the South Korean Coast Guard, 2 were found dead, three were rescued and 11 was still missing.
