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By John Helmer, Moscow Roman Abramovich has bought two houses, and is negotiating for at least one more, on East 75th Street in New York for about $70 million. The New York papers are reporting that Abramovich is planning to live there with his family because his wife prefers it for her work. Abramovich’s spokesman [...]

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By John Helmer, Moscow President Vladimir Putin’s summons to the oligarchs for dinner on December 18 turned out to be a teddy bears’ picnic. And why not – they got all they came for, and more. The country outside got decidedly less, but for the time being how little is a state secret.

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By John Helmer, Moscow Interpol has issued a Wanted Notice for Sergei Pugachev, making him the first Russian oligarch to have Russian charges of fraud endorsed by the international police organization – and to make a money-launderer of the Financial Times. If Pugachev crosses the border between his homes in England and France, the policemen [...]

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By John Helmer, Moscow When Alfred Sloan ran General Motors in Detroit, he supplied Nazi Germany with engine technology, assembly lines, and working capital for Messerschmidt and Junker warplanes, Panzer tanks, troop and gun transports, along with land mines and torpedo detonators. The Germans said they couldn’t have invaded Poland, Belgium, Holland, Norway, France, or [...]

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By John Helmer, Moscow Mikhail Prokhorov thinks that his American basketball franchise, the Brooklyn (née New Jersey) Nets has grown eightfold in value in the five years since he acquired it for $223 million. For the time being, though, noone agrees with him. That’s to say there is no buyer at Prokhorov’s asking price of [...]

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By John Helmer, Moscow United Company Rusal, the Russian aluminium monopoly, has announced it has won a judgement of the London Court of International Arbitration (LCIA) confirming its shareholding control of the Aluminium Smelter Company of Nigeria (Alscon), the only aluminium producer in the west African state. The LCIA, Rusal claims, has defeated the Nigerian [...]

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By John Helmer, Moscow Following the publication of yesterday’s report on the case of Vladimir Yevtushenkov, an insider from the Russian oil industry has communicated this analysis of what provoked Yevtushenkov’s arrest, and what will happen next. The insider has had more than 15 years of experience working with Igor Sechin, now chief executive of [...]

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By John Helmer, Moscow If one man aims to prove, all by himself, that Russia is a country ruled by a handful of cronies of the President, that man is Arkady Rostenberg.

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By John Helmer, Moscow During his lengthy testimony and cross-examination in the UK High Court, Roman Abramovich (below, left) claimed he couldn’t remember much about what taxes he paid. The judge believed him. That remarkable episode in the history of Russian taxation took place on November 5, 2011, at 3 in the afternoon. Now Abramovich [...]

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By John Helmer, Moscow Oleg Deripaska is flying to the rescue of the Fatherland, again. Russia is now a war economy, even if not all the Kremlin officials in charge will admit it publicly, as they squabble privately over what to do, and who will gain. “A new industrialization for the country”, Deputy Prime Minister [...]