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By John Helmer, Moscow Over the weekend, Ukrainian reports indicated that the Donetsk steelmaking assets in Ukraine, which went into bankruptcy in 2009, have been bought by Russia’s Mechel group, owned by Igor Zyuzin. The deal cost is reported to have been $537 million, including assumption of debts. Confirmation of the sale appears in publication […]
by John Helmer - Monday, May 16th, 2011
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By John Helmer, Moscow The International Monetary Fund (IMF) often invoked its sovereign immunity to rape Russia’s governing institutions, including the Central Bank and the Supreme Soviet, in the years of collapse following the end of the Soviet Union. Michel Camdessus, a Frenchman, was the culprit then, instructed by the principal shareholders on the Fund […]
by John Helmer - Monday, May 16th, 2011
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