Biden names a horse in Mongolia

Well - we knew he was good for something: While the Alaska-sized nation with fewer than 3 million people has an economy smaller than Apple Inc. (AAPL)'s annual sales of iPod music players, its location between Russia and China, untapped mineral wealth and ties to North Korea give it added importance. Biden said the U.S. was "very proud to be considered a third neighbor" for the landlocked country. The trip is "part of a broader policy in Central Asia to try and show that the U.S. has a presence there, that it's not merely a Russian or Chinese backyard," said Jeff Bader, who was senior director for Asia affairs at the National Security Council until April and is now a visiting scholar with the John L. Thornton China Center at the Brookings Institution. After his remarks, Biden went into a ceremonial ger, commonly referred to as a yurt, with President Tsakhia Elbegdorj. He later attended a demonstration of traditional Mongolian sports including wrestling, trying his hand at archery and...(Read Full Post)