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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 [...]

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By John Helmer, Moscow What do Hillary, Bill and Chelsea Clinton, Anders Aslund, Steven Pifer, the Peterson Institute for International Economics, and the Brookings Institution have in common? Answer: they drink unpasteurised milk from the Ukraine. Lots of it. How damaging this may be for the health depends on how Victor Pinchuk (image left, right), [...]

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By John Helmer, Moscow Ukrainian government and commercial interests are lobbying the US Government to support a stealth sanction against VSMPO-AVISMA, the Russian supplier of titanium to Boeing and other US aerospace companies. Instead of VSMPO, the Ukrainians are seeking US government financing for the establishment of new high-grade titanium production lines at Zaporizhye Titanium [...]

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By John Helmer, Moscow On Sunday, September 14, Victor Pinchuk signed a declaration with a group of leading Russian and German businessmen, calling for decentralization of regional power in eastern Ukraine; self-determination and constitutional guarantees of minority rights; military non-alignment and neutrality barring Ukrainian membership of NATO or foreign military deployments, bases, advisors on Ukrainian [...]

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By John Helmer, Moscow Petro Poroshenko disappointed most of the audience at Victor Pinchuk’s Kiev party on Friday and Saturday by suggesting that he is ready to trim the terms of Ukraine’s partnership agreement with the European Union in order to meet President Vladimir Putin’s demands. But that’s exactly what Pinchuk (front row, 6th left) [...]

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By John Helmer, Moscow Mikhail Abyzov (centre) is the man in charge of keeping the Russian government transparent, accountable and so far as the name of his ministerial commission can be stretched through 235 government press releases since his appointment in May 2012, open. But the Minister for Open Government has a secret he keeps [...]

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By John Helmer, Moscow Interpipe, the steel and pipemaking group owned by Victor Pinchuk (lead image, centre) and based in Dniepropetrovsk, is high and dry, according to the latest financial report signed by the auditors on June 30, 2014. That is despite having suffered a 14% downturn of sales revenues for the year to $1.5 [...]

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By John Helmer, Moscow Rinat Akhmetov (lead image, above left and right) is still the Ukraine’s richest man. If you believe the financial reports just issued by his Metinvest group, Ukraine’s largest steel, iron-ore, coal and coke maker, it’s a case of his singing all the way to the bank in Switzerland — without the [...]

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By John Helmer, Moscow In a decision announced last week, the US Department of Commerce did Victor Pinchuk, owner of Interpipe, the Ukraine’s leading pipemaker and exporter, a favour worth between $6 million and $9 million per annum for the next three years. At the same time, the International Monetary Fund (IMF) has ordered the [...]