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Mongolia looks to copper to transform stagnant economy

Published Wed, 26 Feb 2025 01:47:14 GMT

BEIJING (AP) — Mongolia plans to channel revenue from rising copper exports into an economic development fund as part of changes to reap more benefit from its mineral riches and root out corruption, the North Asian nation’s prime minister said in an interview Tuesday following the opening of a major expansion of its biggest mine.Luvsannamsrain Oyun-Erdene attended a ceremony 1,300 meters (4,300 feet) below ground to mark the start of underground production Monday at the Oyu Tolgoi mine in the Gobi Desert in southern Mongolia. He was joined by executives of Rio Tinto, the Australian mining giant that owns a 66% stake in the mine. The government owns the rest.The multibillion-dollar expansion of Oyu Tolgoi is the latest effort to generate prosperity from Mongolia’s copper, coal, gold and other minerals following three decades of complaints about economic malaise and corruption.Oyun-Erdene, who took office in 2021, represents a younger generation following leaders who grew up und...

2 CPD officers injured in South Side crash involving stolen car

Published Wed, 26 Feb 2025 01:47:14 GMT

CHICAGO — Two Chicago police officers are in the hospital after a car crash on the city's South Side.According to police, the crash happened in the 3800 block of South Cottage Grove Avenue just before 8 p.m. Monday. The squad car was traveling southbound on Cottage Grove, when a stolen Kia struck the police vehicle.The Chicago Fire Department said two CPD officers were taken to the University of Chicago Medical Center in stable condition. Police also reported their injuries to be non-life threatening. Federal indictment says suburban man stole over $83 million in COVID-19 testing scheme The three suspects inside the Kia fled the scene, but were arrested.

Tuesday Forecast: Temps in mid 30s with mostly sunny conditions

Published Wed, 26 Feb 2025 01:47:14 GMT

CHICAGO — Mainly sunny conditions Tuesday with scattered lake effect snow expected in Northwest Indiana. Winds: NNW 5-10 G15. High: 35. Interactive Radar: Track showers and storm here Mostly clear tonight. Winds: S 0-5. High: 21.Wednesday Forecast: Mostly cloudy Wednesday. Winds: SSW 10-15 G25. High: 50.Full forecast details at the WGN Weather Center

Fewer homes are worth $1 million in the Austin area, market reports show

Published Wed, 26 Feb 2025 01:47:14 GMT

AUSTIN (KXAN) — The number of homes in the Austin area worth more than $1 million is on the decline, two new market reports show.In January, 10.1% of homes in the Austin metro were worth at least $1 million, according to data from Redfin. That's down from 11.3% the previous year.The decrease of 1.2 percentage points is the sixth-highest in the nation, and the highest in Texas. San Francisco saw the sharpest drop, with the share of homes with $1 million dropping 6 percentage points.Houston, Dallas, Fort Worth and San Antonio all saw a slight increase in the share of homes worth $1 million. All four cities saw an increase of 0.4 percentage points between January 2022 and January 2023. Austin is the fastest-growing city in the country for millionaires Meanwhile, three local cities are no longer 'million-dollar cities,' according to a report by Zillow. The report shows 58 cities nationwide have lost that status — where typical homes are worth at least $1 million.In the Austin metro, V...

Albany CE Dan McCoy: 'Stay off the roads'

Published Wed, 26 Feb 2025 01:47:14 GMT

ALBANY, N.Y. (NEWS10) -- Albany County Executive (CE) Dan McCoy is urging drivers to stay off the roads if they don't have to go out. Residents of Albany are also reminded that public county office buildings are closed after a state of emergency was issued Monday night. Get all of the latest news, weather, sports, and entertainment delivered right to your inbox! “Our DPW crews have been working diligently throughout the night to clear the roads but the snow is coming down fast. That means it is a battle to keep up,” said Albany CE Dan McCoy. “I continue to urge those who can to work from home and to stay off the roads to allow for emergency and essential services personnel to get to work and to do their jobs.”CE McCoy also says this notice does not apply to the Albany County Nursing Home, Department of Public Works, Department of General Services, Water Purification District, or the Sheriff's Office.

5 things to know this Tuesday, March 14

Published Wed, 26 Feb 2025 01:47:14 GMT

ALBANY, N.Y. (NEWS10) -- We're in the thick of it now, everyone. We're experiencing the most severe snowstorm of the season today, as this nor'easter will continue throughout the day and into Wednesday morning. According to Meteorologists Jill Szwed and Matt Mackie, some spots will see more than an inch per hour, with even higher potential snowfall totals in higher elevations. Get all of the latest news, weather, sports, and entertainment delivered right to your inbox! NEWS10 has all your local closings and delays as the snow continues to fall. Per Governor Kathy Hochul, if you do not need to be on the road, you are urged to stay home. NEWS10 also has you covered with a list of snow emergencies in the Capital Region for this severe snowstorm. Stay in the know where to park and where to keep your car to avoid tickets or being towed. On Monday, Governor Kathy Hochul declared a state of emergency ahead of the snowstorm. With some areas in the state expected more than an inch an hour...

Deadline for Kim Gardner to respond to ousting effort today

Published Wed, 26 Feb 2025 01:47:14 GMT

ST. LOUIS - Tuesday is the deadline for embattled St. Louis Circuit Attorney Kim Gardner to respond to the court filing by Missouri's attorney general to oust her from office.  At this point, there's no official response from Gardner to the move by Missouri Attorney General Andrew Bailey. A judge has weighed in, saying last month that if Gardner does not respond by Tuesday's deadline, then she could face a judgment by default.Bailey initially called on Gardner to resign in the wake of the horrible crash last month downtown that resulted in 17-year-old Janae Edmondson of Tennessee, resulting in her losing her legs. When Gardner refused to step down, Bailey filed a motion called 'Quo Warranto,' to try and remove her from office. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily News SIGN UP NOW ...

Cardinals to hold $3.14 flash sale today

Published Wed, 26 Feb 2025 01:47:14 GMT

ST. LOUIS - The St. Louis Cardinals are offering a special flash sale on March 14, or 314 Day.From 9 a.m. to 9 p.m. on Tuesday, fans can purchase tickets to any Monday through Thursday home game in April for just $3.14. A limited number of 314 Day tickets swill be available for each of those games. Fans can buy just eight tickets per game, per person. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily News SIGN UP NOW Available games include a series with the Atlanta Braves (April 3-5) and the Arizona Diamondbacks (April 17-19).For more information on the sale, visit cardinals.com/314.

Major Case Squad investigating Sunday morning homicide in Belleville

Published Wed, 26 Feb 2025 01:47:14 GMT

BELLEVILLE, Ill. - The Major Case Squad is investigating a homicide that happened in Belleville Sunday.38-year-old Paul Kirby was found dead in his home on South 29th Street early Sunday morning. Police said he died from a gunshot wound. Top story: Hermann officer dead, 1 injured after Sunday shooting The Major Case Squad shared that it's following multiple leads, but they're asking anyone with information to call CrimeStoppers or the Major Case Squad of Greater St. Louis at 1-866-371-TIPS.

$2.4M for Cahokia Heights, Illinois sewer and water upgrades

Published Wed, 26 Feb 2025 01:47:14 GMT

CAHOKIA HEIGHTS, Ill. - Cahokia Heights, Illinois, gets the first part of state funding to address flooding and sewer issues that have plagued the area for years.$2.4 million will support sewer and water upgrades. Trending: Battlehawks set attendance record, win in home-opener It's the first part of more than $22 million from the state expected to support the project.