Mongolian President wins re-election - The Globe and Mail Mongolia's president has won a second four-year term, providing a mandate for his efforts to crack down on corruption and further integrate the landlocked north Asian nation into international society. With all but 17 of 1,896 polling stations reporting, Elbegdorj Tsakhia had 50.22 per cent of the vote in Wednesday's election, with Baterdene Badmaanyambuu of the main opposition Mongolian People's Party receiving 41.48 per cent, the election commission said Thursday. Udval Natsag, Mongolia's first female candidate for the presidency, took 8.3 per cent, it said. The result is seen as an affirmation for Mr. Elbegdorj's drive against graft in the Alaska-sized nation of 3 million people whose fortunes are being transformed by a boom in mining for coal, copper, gold, and other resources. We will join the president in his struggle to uproot corruption. We will work together to keep governance stable. We will utilize our remaining time in government to fully eradicate corruption and carry out tangible development," Prime Minister Altankhuyag Norov, who is also chairman of Elbegdorj's ruling Democratic Party, told cheering supporters in the capital Ulan Bator. Mr. Elbegdorj, who has a degree from Harvard University's Kennedy School of Government, was heavily backed by the urban middle class in the capital that is home to about half of Mongolia's 3 million people. He was elected president in 2009 after serving two terms as prime minister. Along with fighting graft, he has promised to enact further legal reforms, increase public participation in government decision-making and boost Mongolia's participation in global institutions. Mongolia's resource boom has created vast new wealth, but also fueled inflation and worsened inequality and corruption among the ruling class. While the terms of mining contracts with foreign multinationals remain a point of contention, Mr. Elbegdorj's re-election should offer reassurance to foreign investors that conditions will remain basically stable in the country, said Doljinsuren Densmaa, a sociologist and indepdent political analyst "Elbegdorj's re-election ... is good news for foreign companies that have invested in the Mongolian mining sector," Doljinsuren said. That is reinforced by having the presidency and parliament, known as the Great Hural, under the control of a single party, she said. It means less shake-up in Mongolian politics and more stability, and political stability is what the investors want. In contrast to Mr. Elbegdorj's progressive, urban supporters, Mr. Baterdene represented more conservative, urban voters who are wary of further reforms. The celebrated ex-wrestling champion's party represents the former communists who ran Mongolia as a Soviet satellite until the 1990 revolution led by young pro-democracy activists, including Mr. Elbegdorj. Mr. Baterdene has successfully leveraged the respect ordinary Mongolians have for their traditional athletes to win three terms to the Great Hural, Mongolia's parliament. Ms. Udval, a physician who serves as Mongolia's health minister, is a staunch backer of former President Enkhbayar Nambar, now serving time in jail for corruption.