Mongolians went to the polls across their sprawling, sparsely-populated country Wednesday as it struggles to benefit from its vast natural resources amid disputes over foreign investment and slumping demand from neighbouring China. Squeezed between Vladimir Putin's Russia and Communist China, Mongolia prides itself on its democracy, but voters expressed frustration with the country's poor governance and weakened economy. The contest largely comes down to a choice between the ruling Democratic Party and the opposition Mongolian People's Party.
Britain and the European Union are likely to take years to rewrite the rules that govern their business ties after the UK voted to leave the bloc. The managing director of Encocam, a company that makes crash-test dummies, had planned to hire 120 people between now and 2018 to work at the company's design and production base near Cambridge. The firm, which currently employs 172 people, immediately began enquiring about grants to open a design center in Spain and is considering Portugal, Ireland, Germany and Poland too.