"Traffic is flying high at St. John's International Airport. More than 1.3 million people travelled through the airport's gates in 2010, up eight per cent from 2009." from The Telegram

"Also contributing to the increase in traffic flow was an increase in competitiveness of ticket prices and the number of available flights brought on by the establishment of Porter Airlines, said Collins. Porter added hundreds of seats every day in various flights to and from St. John's when it was established in 2009."

"Canadian Pacific Railway shows upbeat mood with $1 billion in spending" from Montreal Gazette

"The strength in demand is coming mainly from hauling commodities from lumber, grain and autos to sulphur and other industrial materials."

"Ericsson China buys Nortel's joint venture for US$50m" from South China Morning Post

Ericsson China buys Nortel's joint venture for US$50m" from South China Morning Post

"Bombardier expects sales of small jets to triple" from South China Morning Post

"A massive increase in airport capacity, with 90 new airports due to open in the next 10 years, will help triple the size of the mainland's market for small jets, according to leading manufacturer Bombardier."


"He said Bombardier had already worked with the Civil Aviation Administration of China on a computer analysis of operating a C-series aircraft in hot and high conditions between Lhasa and Chengdu."

"Buy-back resumed by BHP Billiton after PotashCorp offer scrapped" from South China Morning Post

"BHP Billiton, the world's largest mining company, resumed a share buy-back after abandoning its hostile US$40 billion takeover offer for Canada's PotashCorp of Saskatchewan in the face of government opposition."

"Thai firm PTT invests in oil sands" from South China Morning Post

"Bangkok/Calgary: Thailand's PTT Exploration and production is to buy 40 per cent of Statoil's Canadian oil sands project for US$2.3 billion, joining an Asian investor rush into this energy source."

"Charlie Rose talks to Mongolia's Prime Minister" from Bloomberg Businessweek

"I just interviewed the president of Chile. Its largest market is China - especially for copper. Give us a sense of what the market is for minerals in Mongolia.

We are already the No.4 exporter of coal to China. We are a quite serious exporter of copper to China, and with our copper and gold project with Rio Tinto, we would easily double and triple [copper] exports to China. There is huge potential. On top of that, we have new commodities to export to China - iron ore, zinc - and we do have some prospects for oil and gas and important reserves of uranium. But we are a landlocked country ... and transit costs equal almost 10 percent of GDP. So with encouragement from my government, we are [looking beyond the export of raw materials] to adding value in processing and putting more priority on industrialization, which will create jobs. 

What's the economic model? Is it more like the U.S. or China? Or is it some hybrid?

After 20 years of transition, we're trying to define which would be the best model for us. And we have seen the Chilean model, because Chile is a mining country. We are looking now at Canada and what it has achieved because although there are big differences in development and other things, there are a lot of natural similarities between Mongolia and Canada. We're cold countries with vast territories, smaller populations relatively, and mining and agriculture are key. And we're next door to major neighbors like the U.S., China, and Russia.

Any golf courses over there? 

Yes, we have one.