Rock bottom global interest rates have been a boon for so-called frontier-market countries, which have been able to borrow cheaply to finance their development needs. But there can be too much of a good thing
Mister Auto released a survey of which cities in the world are the best and worst to drive in that found Moscow has the second highest road rage index in the world, after only Ulaanbaatar.
Central and Eastern Europe faces a demographic catastrophe in the coming decades that will see Central Asia pull ahead of the eastern EU member states in population terms by the end of the century.
As indications grow that an easing of the trade war between the US and China is imminent, export-dependent Mongolia can expect to avoid damage to its GDP growth that would have followed a worsening of the conflict.
Mongolian consumer price inflation was recorded at 7.3% y/y in January, according to latest national statistics office data. In monthly terms, inflation grew slightly by 0.6% in the first month.