By John Helmer, Moscow

Edward Lucas, a reporter for The Economist in London, has found fault with the accuracy of the report that Anne Applebaum has been receiving unaccountably large sums of money for her stand on the Ukraine civil war and regime change in Russia. For the full story of Applebaum’s employment and payments, as reported by her husband, ex-Polish Foreign Minister Radosław Sikorski, together with the involvement of Lucas and his wife, Cristina Odone, spokesman for Applebaum and the Legatum Institute, click here.
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by Editor - Thursday, November 6th, 2014
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By John Helmer, Moscow

From Arseny Yatseniuk’s point of view, the US election results could not have been worse for the not-Ukrainian-prime-minister-yet. Petro Poroshenko, the Ukrainian president defeated when a minority of Ukrainians went to their ballot boxes on October 26, the US outcome is no better.

This is because exit polls are reporting the overwhelming majority of American voters to have ignored Ukraine and Russia at this week’s midterm Congressional elections, telling the winning candidates and the pollsters they have no appetite for confrontation with the Kremlin. That also means no mandate from US voters for the new Congress to spend cash in Kiev to save Ukrainians from the cold weather and the economy ruined by civil war. For most Americans, according to the polls, the cold and failing economy they are afraid of are at home

The second meaning of the US election result is that the US presidential campaign, which starts up immediately, can’t promise anything better for the Ukrainian war party or the Russian regime-changers. Rand Paul, the Republican Senator from Kentucky — who is opposed to the war with Russia he ties to officials around Hillary Clinton – made the point in 116 digital characters tweeted under the headline, HILLARY’S LOSERS: “You didnt think it could get worse than your book tour? It did. Courtesy of the U.S. voters.
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by Editor - Thursday, November 6th, 2014
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By John Helmer, Moscow

Anne Applebaum has been paid unaccountably large sums of money, according to official yearly income declarations by her husband, the ex-foreign minister of Poland, Radosław Sikorski. According to the annual reports required of Polish Government officials and members of the Polish parliament, the Sejm, Applebaum received a US income of $20,000 in 2011. Two years later, in 2013, this had jumped to $565,000.

Applebaum, who writes and lectures as an expert on Russia and Ukraine, did not earn the money from her US publishers, while Sikorski’s reports claim the money was unrelated to his activities as a foreign minister. The income was earned instead, he says, from “honoraria for books, articles and lectures”. According to Applebaum’s spokesman, she claims the right of privacy not to explain where the money came from, or why.
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by Editor - Wednesday, November 5th, 2014
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By John Helmer, Moscow

Fakery in allegiance to the truth.

That was how Henry Luce, the proprietor of Time, Life, and the March of Time newsreels, described his coverage of the Spanish Civil War in 1937. Luce’s fakery even won an Oscar that year for “revolutionizing” the newsreel medium. Beside Luce’s photographer in Spain that year, Robert Capa, Ernest Hemingway also faked names, battles, victories, defeats, body count. His allegiance, though, according to a new history of what he was doing as a reporter in Spain, was to money and celebrity; in short, himself. For Hemingway, his war paid about $250,000 in 1937-38 dollars. That’s more than $4 million today.

Though the bylines are less memorable, and the money is less, the Anglo-American reporters from this year’s Ukrainian civil war have composed the same record of selfie journalism. Seventy-seven years is too long to wait for another New York publisher’s history to show how they did it, and why.
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by Editor - Tuesday, November 4th, 2014
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By John Helmer, Moscow

Mikhail Prokhorov thinks that his American basketball franchise, the Brooklyn (née New Jersey) Nets has grown eightfold in value in the five years since he acquired it for $223 million. For the time being, though, noone agrees with him. That’s to say there is no buyer at Prokhorov’s asking price of $1.7 billion. If Prokhorov drops his price to $1.2 billion, as some sports media reporters claim, there is still no buyer.

When Prokhorov bought the Nets – his stake is 80% — he told Bloomberg: “There is only one way to go – up. I like to find cheap assets with problems. It gives me power.” Today, if he’s obliged to accept a deal at the current industry valuation of $780 million for the team, Prokhorov must count that he has spent an additional amount of more than $600 million in player purchases, loss cover, debt service, and luxury taxes, ending up with no profit at all. If up was power in 2010, is down impotence today?
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by Editor - Friday, October 31st, 2014
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By John Helmer, Moscow

A top secret file of papers from Vnesheconombank (VEB) has leaked into the Moscow internet, disclosing a verbatim record of recent billion-dollar project reviews by the Russian state bank of last resort. The papers reveal that the multi-billion dollar Darwendale platinum mining project announced officialLy last month in Zimbabwe has been approved in “principle”, but no cash has been authorized. Not yet.
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by Editor - Wednesday, October 29th, 2014
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By John Helmer, Moscow

The defeat by Prime Minister Arseny Yatseniuk of President Petro Poroshenko in the party voting at Sunday’s Ukrainian parliamentary election reveals a shift of voter sentiment no pollster predicted beforehand – neither the independent Ukrainian polling organizations in Kiev, nor the US Government-funded surveys.

On the other hand, the independent Ukrainian pollsters believe the election outcome will reinforce the anti-Russian, war party in the new Verkhovna Rada, despite the failure of the Svoboda (“Freedom”) and Pravy Sektor (“Right Sector”) organizations to cross the 5% threshold for party representation. Their failure, along with poor support for Yulia Tymoshenko and Oleg Lyashko, had been evident in the pre-election polling. How Yatseniuk managed to capture both war party votes in the western regions, and peace party supporters of Poroshenko in the centre and east is unclear.

This outcome was unforeseen, according to Nikolai Churilov of the Kiev-based Centre for Social and Marketing Research (SOCIS). He believes Yatseniuk was able to steal the war programme of the extreme right.
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by Editor - Wednesday, October 29th, 2014
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By John Helmer, Moscow

It is easier to know what’s inside a McDonald’s hamburger than inside the corporation’s financial accounts. That’s because the type font on the internet version of the corporation’s financial reports is so small, a magnifying-glass is required at the computer screen to decipher the text; even then computer programming by McDonald’s prevents copying the text. But a magnifying-glass cannot uncover the current financial condition of McDonald’s in Russia. Those numbers are entirely hidden, and McDonald’s spokesmen refuse to say what the company’s Russian sales revenues are, and how fast they are falling.
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by Editor - Tuesday, October 28th, 2014
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By John Helmer, Moscow

The outcome of Sunday’s Ukrainian parliamentary election is likely to be a majority of deputies in favour of war in the east, and against Russia. This is because the Ukrainian economy is ruined, so for the foreseeable future, war draws US (IMF, World Bank) and European Union cash stipends which are a better-paying option than peace.
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by Editor - Friday, October 24th, 2014
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By John Helmer, Moscow

The world’s most mysterious, and expensive, hole in the ground has been ceremonially opened by the Russian Foreign and Trade Ministers, Sergei Lavrov and Denis Manturov. At least that’s what they say they did a month ago in Harare, the capital of Zimbabwe. The President of Zimbabwe, Robert Mugabe (lead image, centre), also presided.

The hole to be dug is to cost the Russian state budget and banking system at least $600 million, rising to $3 billion in three years; and then $4.8 billion by 2024 when mine, ore-processing plant and refinery are fully operational. That’s according to the Zimbabwe press announcements. They have also disclosed the list of Russian and Zimbabwean partners in the deal. Calling themselves Afromet, the Russians are Vitaly Mashitsky (lead image, left), Sergei Chemezov (right), and Vnesheconombank (VEB) represented by Alexander Ivanov, son of the presidential chief of staff, Sergei Ivanov. The Zimbabweans are calling themselves Pen East Investments. Together, they have picked the name Great Dyke Investments.

There’s a catch: no Russian involved in what is billed as the Darwendale platinum project wants to admit what he is doing; what protection from loss has been installed by the Kremlin for the money; and why a new platinum mine in east Africa can be a profitable way of spending Russian state money when the country’s platinum miners, Norilsk Nickel and Russian Platinum, say they wouldn’t touch the project with a barge-pole.
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by Editor - Thursday, October 23rd, 2014
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