By John Helmer, Moscow

The Oradea alumina refinery is a property of Oleg Deripaska’s in Romania. Deripaska (centre image) is the chief executive and controlling shareholder of United Company Rusal, the Russian aluminium monopoly. Deripaska bought Oradea in 2000 over the unanimous objections of the senior management of Rusal in Moscow at the time. The company’s experts warned that Oradea would be too costly to operate, and of insufficient benefit to Rusal for its alumina needs to warrant the expense.

Since then the asset has all but disappeared from the balance-sheets of Deripaska’s holdings. His ownership of the plant is almost invisible in Romania itself. But the refinery is still there, shuttered and unsellable.
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by John Helmer - Tuesday, April 15th, 2014
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By John Helmer, Moscow

The Australian Government has decided not to exclude President Vladimir Putin from the summit meeting of the G-20 heads of government scheduled for Brisbane in November. The move to withdraw the entry ban, first declared on March 19, is too late to prevent the restoration of Australia’s $200 million beef export trade to Russia. According to importers in Moscow, the orders for that meat are now going to several South American countries. Imports of pork, veal and turkey from the US, banned by Russia for more than a year, have been revived.
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by John Helmer - Monday, April 14th, 2014
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By John Helmer, Moscow

United Company Rusal, the state aluminium monopoly run by Oleg Deripaska, is selling the Aluminium Smelter Company of Nigeria (Alscon). Only the Rusal announcement to the Hong Kong Stock Exchange (HKEx) doesn’t put a name to the asset. Rusal is also not accepting that the Nigerian courts have already decided the Alscon asset isn’t Rusal’s property to dispose of.

The decision to sell Alscon was reported to the exchange on April 8. The notice explains that the Jersey subsidiary of Rusal, RTI Limited, has hired Renaissance Securities to provide “financial advisory services in respect of a potential sale of shares of a subsidiary(ies) of the Company.” The services are to cost “up to USD10 million (including a fixed success fee of USD3 million and an incentive fee of up to USD7 million) for the entire term of the Mandate Letter, including any extended period of the term.”
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by John Helmer - Thursday, April 10th, 2014
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By John Helmer, Moscow

From the affairs of the state-owned United Shipbuilding Corporation (USC), once chaired by Igor Sechin and run by his protégé Roman Trotsenko, much of significance flows, if not a great many new ships. And if it weren’t for the significance of those two names, not much would follow from the case of Ilya Novoselsky, until recently chief lawyer for USC, and now under arrest in St. Petersburg on charges of abuse of authority and fraud.

For the time being and for that reason, he is incommunicado. So too is Trotsenko (image below). Rosneft, which Sechin has headed since 2011, confirms that “at the moment Trotsenko leads Rosneft Overseas SA.” This entity is registered in Switzerland and maintains an office in Geneva. Trotsenko and a Swiss lawyer named Daniel Richard are the signatories; Richard’s daytime job is at the Geneva law firm of Python & Peter.
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by John Helmer - Wednesday, April 9th, 2014
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By John Helmer, Moscow

Anne Applebaum is one of the advocates of war against Russia to the last Ukrainian – and to the last Pole, too.

Until very recently, she proposed reinforcing Poland’s borders with fresh North Atlantic Treaty Organization (NATO) forces. On March 20, the Washington Post gave her a platform to declare: “we need to re-imagine NATO, to move its forces from Germany to the alliance’s eastern borders.” There are currently about 40,000 US forces in Germany, 21,500 UK troops, and 160,000 in the German Army. Assuming Applebaum means to leave the Bundeswehr to stay put and not repeat a former mistake, altogether, Applebaum proposes to redeploy to the NATO side of Russia’s frontier, 61,500 men.
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by John Helmer - Wednesday, April 9th, 2014
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By John Helmer, Moscow

Rarely is it possible to find a history professor’s work on Russia to be self-evidently what it isn’t – and yet to find its premise locked by high-ranking US Government officials into a state policy of Kremlin attack and Russian regime change.

J. Arch Getty III is a professor at the University of California at Los Angeles. His new book, published by Yale University Press, is called Practicing Stalinism, Bolsheviks, Boyars and the Persistence of Tradition. This is a misnomer because most of the book is taken up with attempts to demonstrate that Russian political culture predates Stalin and the Bolsheviks by a thousand years, and postdates Stalin by another fifty. Getty skips Boris Yeltsin in order to concentrate on Vladimir Putin and make him appear to be “practicing Stalinism” – what Getty really means is something that isn’t Stalinism at all. His word for it is clientelism; cronyism is another.
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by John Helmer - Sunday, April 6th, 2014
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By John Helmer, Moscow

Australian meat imports to Russia have been banned by an order of the Russian veterinary and phyto-sanitary service, Rosselkhoznadzaor (RSN). The order was issued on March 31, and halts a trade which earned Australian meat exporters almost $200 million last year. The Russian action came twelve days after the Australian Foreign Minister, Julie Bishop, announced that President Vladimir Putin may be banned from entering Australia to attend the G20 summit meeting, scheduled in Brisbane in November.

The RSN announced that it has found traces of a growth hormone or steroid called Trenbolone, first in chilled Australian beef, then in beef offal, and now in frozen beef. RSN official Alexei Alexeyenko said the comprehensive ban was imposed after RSN judged that certifications from the Australian government’s veterinary authorities could not be trusted. This followed negotiations between RSN and their Australian counterparts between December and February, and after the Australians had given fresh undertakings. According to Sergei Dankvert, the head of RSN, the Australians had promised to exclude from their exports to Russia meat with trenbolone traces, but this hasn’t happened.
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by John Helmer - Wednesday, April 2nd, 2014
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By John Helmer, Moscow

The European Union’s emergency trade assistance package for Ukraine provides duty-free entry into the European market if you are a Ukrainian exporter of asses, mules, and hinnies. If the regions of the Ukraine are to have a say in the trade terms, the enterprises of the southern and eastern regions aren’t likely to approve, because most of the new trade advantages have been granted by Brussels to farmers and foodstuff enterprises in the west.

One of the largest single beneficiaries, according to the European Trade Commissioner’s office, is the Roshen confectionery group owned by Petro Poroshenko (image, right). He is also the front-running candidate in the Ukrainian presidential election due on May 25. “Chocolate and cocoa products will benefit from a substantial preferential treatment,” says John Clancy, spokesman for Karel De Gucht, the EU trade commissioner, “as the large majority of them falls under the category that will be immediately liberalised (zero duty). For a few specific products, and for some confectionery, the liberalisation will apply within the quantitative limits established by the tariff quotas, as indicated in the annex to the schedule.”
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by John Helmer - Tuesday, April 1st, 2014
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By John Helmer, Moscow

A decade ago, before the Annie-get-your-gun ladies got control of US policy in Ukraine, their Hopalong Cassidy predecessors were in charge. Back then, the menfolk tried an identical combination of bribery and democracy-funding, the point of which was to make sure Serbians lost their right to go to their own beach – that is to say, Montenegro. If the children reading would go to bed immediately, it would be possible to reveal how the unconventional sexual orientation of Annie and Hoppy usually leads to such jolly, if not gay American combinations – bribery, democracy, and beaches.

The war between Moscow, Washington, and Brussels over Montenegro went to the wire on May 21, 2006, when 55.5% of Montenegrin voters approved their secession from Serbia, and applied for recognition, first as an independent state, then as a candidate member of the European Union (EU). Russian policy opposed the breakaway, backed the union with Serbia – rump of the former Yugoslavia – and offered Montenegrins a Russian cash-and-carry alternative to EU grants and conditions. The validity of the super-majority required for the US-EU option to carry was just 0.5% of the 419,236 votes cast – 2,096. In Podgorica, the country’s capital and site of the Podgorica Aluminium Combine (KAP), the US-EU vote came to 53.2%, not enough for the European option to prevail.
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by John Helmer - Sunday, March 30th, 2014
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By John Helmer, Moscow

Ukrainian voters are now united in only one thing – their fear. Countrywide, two out of three say they are afraid of military conflict with outside forces. One in two say they are more afraid of internal conflict and civil war. Almost that many say their biggest anxieties are non-payment of pensions, loss of jobs and wages.

The latest poll of Ukrainian voters has been a cooperative, nationwide effort by four polling organizations, led by the Centre for Social and Marketing Research (SOCIS) and the Kyiv International Institute of Sociology (KIIS). A sample of 6,200 has been gathered in individual face-to-face interviews, covering all regions except Crimea. The statistical error has been reduced from 2% in the smaller telephone polls of January and February to 0.8% in the new results. The polling was undertaken between March 14 and 19, and thus reflects the first reaction of the majority of Ukrainians to the Crimean referendum and its secession. The results were published in Ukrainian on March 26, and can be read here.
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by John Helmer - Thursday, March 27th, 2014
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