Mongolia’s Prime Minister Luvsannamsrai Oyun-Erdene has stepped down after losing parliamentary confidence amid public outrage over corruption allegations. His resignation follows weeks of protests in Ulaanbaatar accusing him and his family of misconduct.
This political shift comes in the wake of major protests sparked by corruption accusations tied to the prime minister and his family.
Oyun-Erdene, who held office since January 2021 and was re-elected in 2024, will remain in a caretaker role until a new leader is appointed within 30 days. In his post-vote remarks, he expressed gratitude for the opportunity to lead the country through crises such as pandemics and global conflicts, and emphasized his focus on development.
While defending his anti-corruption efforts, Oyun-Erdene acknowledged that prioritizing large-scale infrastructure projects over pressing social and political issues might have contributed to public discontent. He also criticized how the current political climate has used transparency concerns to create instability.
During his time in office, he had championed 14 large-scale national projects aimed at expanding Mongolia’s infrastructure, including mineral processing plants, water management systems, and power plants in the resource-rich nation.
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A U.S. district judge has temporarily blocked the deportation of the wife and five children of the suspect in a recent firebombing attack in Boulder, Colorado, citing concerns over due process and potential irreparable harm.
The ruling Fidesz party has delayed debate and voting on a controversial bill that would impose strict controls on NGOs and media receiving foreign funding, citing internal party discussions and external pressure.
After Ukrainian drone strikes on Russia's nuclear-capable bombers, Trump and Putin held a tense phone call warning of escalation and reigniting concerns over Iran’s nuclear ambitions.
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The ruling Fidesz party has delayed debate and voting on a controversial bill that would impose strict controls on NGOs and media receiving foreign funding, citing internal party discussions and external pressure.
The S&P 500 barely budged Wednesday as weak job and service sector data revealed the economic fallout from President Trump’s trade war tactics.
After Ukrainian drone strikes on Russia's nuclear-capable bombers, Trump and Putin held a tense phone call warning of escalation and reigniting concerns over Iran’s nuclear ambitions.
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