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By John Helmer, Moscow The state-owned maritime conglomerate, United Shipbuilding Corporation (USC), will acquire the Vyborg Shipyard, on the Gulf of Finland near St. Petersburg, the USC spokesman Alexei Kravchenko confirmed to Fairplay in Moscow on Friday.

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By John Helmer, Moscow Russian steel companies have been ordered by Deputy Prime Minister Igor Sechin to clean up their emissions, and pay for it out of their owners’ profit stream and dividends. If they agree, he is promising to provide tax and other offsets for their balance-sheets. Is he kidding? According to the press […]