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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 [...]

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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) [...]