By John Helmer in Moscow Russia’s President Dmitry Medvedev has presented two bears to Switzerland, with the warning that if any harm comes to them, or to Victor Vekselberg, a Russian oil and aluminium oligarch, all the Russian money that goes into, or is presently sitting in Switzerland, may vanish. The Swiss Foreign Ministry says […]

by John Helmer - Friday, September 18th, 2009
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By John Helmer in Moscow Shares of uranium mining companies, like other energy sources, generally follow the commodity price, so when oil and the others collapsed a year ago, the Russian uranium miner, Priargunsk Chemical and Mining Company (ticker PNGO:RU), went down with them. From a historical peak of $800 per share struck in April […]

by John Helmer - Thursday, September 17th, 2009
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By John Helmer in Moscow Hard on the heels of a Russian Foreign Ministry warning to Canada against denying an entry visa to Senator Mikhail Margelov last week, a veteran of Volgotanker, once Russia’s largest oil transportation fleet, announced today that he is challenging Interpol for encouraging the arrest of travellers on charges trumped up […]

by John Helmer - Tuesday, September 15th, 2009
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On December 14, 2008, as then President George Bush was speaking at a press conference in Baghdad, Mountazer al-Zaidi rose abruptly from about twelve feet away, lifted his right arm, and tossed a shoe at the president’s head while shouting in Arabic: “This is a gift from the Iraqis; this is the farewell kiss, you […]

by John Helmer - Monday, September 14th, 2009
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By John Helmer in Moscow Canada has refused an entry visa for Mikhail Margelov, the Kremlin’s special representative to Africa. The reason, according to Canadian sources, is Margelov’s past connexions to the KGB, the Soviet intelligence agency. While officially, the Canadian Embassy in Moscow and government in Ottawa refuse to comment publicly on individual visa […]

by John Helmer - Sunday, September 13th, 2009
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By John Helmer in Moscow A Republic of Guinea tribunal ruled this week in Conakry that United Company Rusal, one of the largest bauxite, alumina and aluminum producers in the world, unlawfully acquired its shareholding control of the Friguia alumina refinery in the country in 2006, and should make restitution. The judgement comes before the […]

by John Helmer - Friday, September 11th, 2009
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By John Helmer in Moscow In the sharpest warning issued to date by an international ratings agency about a major Russian steelmaker, Standard & Poors (S&P) said yesterday there is “significant doubt about the group’s ability to continue as a going concern.” Evraz is Russia’s largest steel and mining group. It is controlled by the […]

by John Helmer - Friday, September 11th, 2009
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By John Helmer in Moscow Port logs for the MV Arctic Sea — the small Turkish-built, Russian-owned vessel recently reported at the centre of an alleged piracy and extortion attempt — reveal that the timber-carrier has been making regular voyages between Finnish ports and either Algerian or French Mediterranean ports for the past three years. […]

by John Helmer - Wednesday, September 9th, 2009
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By John Helmer in Moscow Two weeks ago, without fanfare, the US Government decided it will not allow General Motors (GM), in which the government owns the controlling 60% stake, to sell its European automobile division to a Russian combination of the state savings bank Sberbank, Oleg Deripaska’s GAZ auto plant, and Deripaska’s Canadian partner, […]

by John Helmer - Tuesday, September 8th, 2009
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By John Helmer in Moscow No sooner had De Beers and Archangel Diamond Corporation (ADC) revived last Friday, September 4, their US litigation plan of attack against LUKoil and its senior management, headed by Vagit Alekperov, than Alekperov issued an unprecedented statement saying he is thinking of selling out of diamonds altogether. Until now,Alekperov has […]

by John Helmer - Monday, September 7th, 2009
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