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By John Helmer, Moscow While the Greenpeace organization has been drawing worldwide attention to pending charges of a pirate attack against the Prirazlomnaya oil platform in the Barents Sea, Russian prosecutors and the Russian Navy reveal they have abandoned the prosecution of piracy threatening Russian vessels in the Indian Ocean off the Horn of Africa. […]
by John Helmer - Tuesday, November 19th, 2013
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By John Helmer, Moscow The sharp selloff of Mechel, the steel and coal group controlled by Igor Zyuzin, ought to demonstrate — if fresh proof were needed — that this is no longer a commercial operation in the normal sense of the term. Today Mechel is a nationalized enterprise kept solvent by five state banks […]
by John Helmer - Friday, November 15th, 2013
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By John Helmer, Moscow According to United Company Rusal, the Russian state aluminium monopoly, it is one of the most transparent multinational corporations in the world – that’s to say, in the emerging markets of the world, and across sixteen countries. A report of Berlin-based Transparency International (TI), issued on October 16, has ranked Rusal […]
by John Helmer - Wednesday, November 13th, 2013
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By John Helmer, Moscow Three hundred and ninety years ago the Dutch water-boarded and then executed a group of British merchants on the trumped-up allegation of plotting to seize the Dutch fortress on the island of Ambon, now part of Indonesia where it is called Maluku. Remember the Amboyna Massacre! became fighting talk in London […]
by John Helmer - Tuesday, November 12th, 2013
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By John Helmer, Moscow Interpipe, the leading Ukrainian pipemaker, failed to meet last Friday’s deadline for repayment to its international bankers of $106 million, sources in Kiev have confirmed. Interpipe, owned by Victor Pinchuk (image above) and his wife Elena, daughter of former Ukrainian President Leonid Kuchma, is the largest steelmaker in the former Soviet […]
by John Helmer - Friday, November 8th, 2013
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By John Helmer, Moscow New evidence has surfaced from the Russian state shipping company Sovcomflot showing that the current chief executive Sergei Frank ordered the company’s lawyers to continue their attempts to prosecute his predecessor Dmitry Skarga in the London and Moscow courts, while telling the General Prosecutor in Moscow they were dropping their case […]
by John Helmer - Thursday, November 7th, 2013
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By John Helmer, Moscow The Pelaco shirt company was a feature of my childhood for an advertising slogan that was so original, it hardly made sense. The idea was that if a native Australian, speaking pidgin English, recommended a Pelaco shirt because it fitted him so well, his recommendation would be credible to white shirt-wearers […]
by John Helmer - Monday, November 4th, 2013
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By John Helmer, Moscow The Supreme Court, the UK’s highest court of appeal, has dismissed an application from Sovcomflot, the state-owned Russian shipping group, to appeal against earlier judgements in favour of former chief executive, Dmitry Skarga (right). A three-judge panel issued its ruling on October 29, saying Sovcomflot’s application “does not raise an arguable […]
by John Helmer - Thursday, October 31st, 2013
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By John Helmer, Moscow The Greenland government is about to open court proceedings against Greenpeace for attempts to occupy an offshore oil rig two years ago, the chief police prosecutor in Nuuk, Morten Nielsen, has disclosed. Russian sources say that Gazpromneft or parent Gazprom may be considering a similar move. These legal actions are targeted […]
by John Helmer - Wednesday, October 30th, 2013
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By John Helmer, Moscow Private letters from foreign governments to President Vladimir Putin usually go into the Secret box. Applications by foreign governments for large-value arms deals from the Russian state exporter, Rosoboronexport, usually go to the Security Council of the Russian Federation for review, and there they are kept in the Top Secret box. […]
by John Helmer - Tuesday, October 29th, 2013
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