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M. Continuo

Saikhanbileg appointed as new Mongolian prime minister


    ULAN BATOR (Reuters) - Mongolia's parliament has appointed Chimed Saikhanbileg as prime minister, the foreign ministry said on Friday.

    Saikhanbileg replaces Norov Altankhuyag, who was removed from his post on Nov. 5 amid concerns about a serious economic downturn in the landlocked Asian country, which depends heavily on foreign mining investment and commodity prices.

    (Reporting by Terrence Edwards, Writing by David Stanway)