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By John Helmer, Moscow Russia, the biggest market in the world for exports of Australian kangaroo meat, has thrown the trade into confusion by announcing that authorization for the exporter, Macro Meats of South Australia, has been suspended. According to a July 25 notice from Rosselkhoznadzor (RSN), the government’s veterinary and phytosanitary inspectorate, a container […]

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By John Helmer, Moscow A spate of advertisements for an initial public offering (IPO) of shares, accompanying several rouble bond issues, makes the Lenta hypermarket chain of St. Petersburg appear to be diversifying its investor base with promises of strong growth and a wager on rising Russian consumer spending. In fact, Lenta’s largest shareholder, the […]

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By John Helmer, Moscow The last time Russian beer drinkers did something unusual was in the unseasonably cool summer of 2011, when sales of the big brand beers dropped sharply. Read all about it. It is happening again, on this occasion during winter, only now the drop in consumption is even more dramatic. This time […]

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By John Helmer, Moscow Russian pork farmers and producers told Prime Minister Dmitry Medvedev last week that government action is stripping them of profitability, as the squeeze between the rising price of feed grain and the falling price of pork is killing the industry’s plan to expand domestic production and replace imports. In anticipation of […]

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By John Helmer, Moscow Negotiations are under way between Pacific Andes of Hong Kong, and its Singapore subsidiary China Fishery Group, with Russian Sea, the leading Russian fishing fleet operator, to resolve longstanding conflict between Chinese and Russians over access to waters in Russia’s exclusive economic zone, and to fish catch quotas. Under Russian law, […]

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By John Helmer, Moscow When he was last spotted at his own devices, Ziyavudin Magomedov announced on September 20 that some time in the next decade he and Gazprom intend to build a refinery to convert natural gas into liquefied natural gas (LNG) in bunker form to power a Magomedov fleet of newly designed, newly […]

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By John Helmer, Moscow Russian consumption of wine, beer and vodka declined during the last economic crisis in 2008 and 2009, and the early signs are that this is happening again. But cognac is in a very special category. All the alcoholic drinks, but one, respond to the availability of money in Russian consumers’ hands. […]

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By John Helmer, Moscow A century ago and longer, the Ottomans understood not to press the Russians in close encounters; the Turks are slow learners. After several recent episodes in which the Turkish armed forces have attempted to interfere with Russian vessels delivering cargo to Syria, the Russians have now delivered the message that Turkish […]

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By John Helmer, Moscow If wine were an investment, like company shares, gold, or real estate, then you would expect the Russian oligarchs to put their hands into this particular till. But hobby vineyards and French chateaux aside, there haven’t been many. Still, Vadim Varshavsky’s Croizet cognac (Charente) has not proved to be as ill-fated […]

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By John Helmer, Moscow Vladimir Kekhman, owner of the Joint Fruit Company (JFC), the near-monopoly supplier of bananas to the Russian market, has wound up his dispute with Star Reefers, the banana boat supplier whose charter contracts JFC cut short and terminated in 2010. The Star boats were operated by JFC to ship bananas from […]