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By John Helmer, Moscow Yury Privalov, the Sovcomflot shipping manager charged with embezzlement from the company, has been sentenced to four and a half years in prison, and fined Rb1 million ($32,250), Judge Natalia Morovoza ruled this evening in the Dorogomilovsky court of Moscow. Privalov was not in court to hear the verdict; he is […]

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By John Helmer, Moscow There have been demonstrations this month in the Romanian town of Campa Turzii against plans by Russian steel maker Mechel to cut its local steelmill’s workforce by up to a thousand jobs, after rolling job cuts have already reduced the plant’s workforce over recent years. The Romanian government responded on Friday […]