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By John Helmer, Moscow Multibillion dollar contracts between GlencoreXstrata and United Company Rusal, signed for trading of aluminium and alumina late in 2011, appear to have unravelled in a London arbitration court. However, because the arbitration has been conducted behind closed doors, Glencore is refusing to confirm or deny that the company is facing liability […]

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By John Helmer, Moscow The US Navy has announced that it has called back its frigate, USS Taylor, from the Souda Bay repair dock in Crete, and ordered her into the Black Sea from April 22. The Navy announcement says the mission is a routine one “consistent with the Montreux Convention and International Law. Taylor’s […]