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By John Helmer, Moscow Not every despotic and corrupt ruler of a former Soviet state is the target of US Government plots to overthrow him, not even those whose taste in interior decoration and jewellery is as awful as Victor Yanukovich’s, the ex-president of Ukraine. Emomali Rahmon (image), the president of Tajikistan since 1992, has [...]

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By John Helmer, Moscow Following a fresh investigation of its business practices in the former Soviet Union, TeliaSonera, the Stockholm-based telecommunications company, reported Friday that it has dismissed four senior executives, including the chief financial officer and the head of its mobile telephone division. A company statement claims that the objective of the investigation was [...]

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By John Helmer, Moscow If the US Government and Congress believe they have the right to impose sanctions on Russian individuals and companies for conduct that is legal in Russian and international law, what would happen if the boot were on the other foot – if the Russian Government imposed sanctions on US individuals and [...]

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By John Helmer, Moscow An attempt by Siberian Anthracite, a little known Russian coal producer, to list and sell its shares on the London Stock Exchange (LSE) collapsed today, just hours after Reuters reported the sale was going ahead. According to the report from the Reuters Moscow Bureau, the initial public offering “has been subscribed [...]

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By John Helmer, Moscow Swiss and French financial police have searched offices or homes in France as part of what the spokesman for the Swiss Attorney-General calls “our Uzbek case”. According to Jeannette Balmer, “perquisitions [searches] have been made in France on our request.” She declines to say when the searches were conducted, the addresses [...]

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By John Helmer, Moscow According to Russian-language records and a Tashkent party film published by Stockholm television last week, Alisher Usmanov held the hand of Gulnara Karimova and whispered intimately to her just days after the latter had been making plans to collect millions of dollars in payments from Swedish telephone company, TeliaSonera. Karimova is [...]

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By John Helmer, Moscow Alisher Usmanov’s fortune began with a business of making plastic bags when they were in short supply in Moscow in the last days of the USSR. At least, that’s the asset in the self-start, self-made fortune story which reporters for global rich lists have been persuaded to believe about Usmanov. How [...]

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By John Helmer, Moscow If seated in the dark at the Bolshoi Theatre, even a man of consuming narcissism as Boris Yeltsin was could tell the tights from the tutus. But Yeltsin saw himself as the prima donna, battementing and glissading into the old tsar’s box, Dress Circle centre front. At the Bolshoi, Stalin preferred [...]

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By John Helmer, Moscow The share price of United Company Rusal, the Russian aluminium monopoly, has dropped into the three Hong Kong-dollar range for the first time. In three years of its stock market history, the company’s chief executive, Oleg Deripaska, has let slip about $13 billion in value, two-thirds of Rusal’s original worth. At [...]

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By John Helmer, Moscow Lars Nyberg (right), chief executive until Friday afternoon of TeliaSonera, the Swedish and Finnish telecommunications group, is something of an expert on the blowback effect. Firearms and forensics experts understand that blowback is what happens after a gunshot, when the vacuum inside the gun barrel draws in blood and tissue from [...]