By John Helmer, Moscow
Lawyers for the US Government have filed a court brief in New York this week, arguing that an earlier ruling by three federal appeals court justices was mistaken in deciding that the US law against racketeering cannot go after racketeers outside US territory, in Russia.
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By John Helmer, Moscow
Deep inside the Russian government there is a chamber of secrets where officials have gathered just eight times since April 29, 2008, the day when then-President Vladimir Putin signed the law that created the chamber. The law was entitled “On Procedures for Foreign Investments in Business Entities of Strategic Importance for National Defence and State Security”; for short, Law № 57-FZ. The chamber is called the Government Commission for Control of Foreign Investment in the Russian Federation, the Control Commission for short (aka the Government Commission).
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By John Helmer, Moscow
Gazprom, Russia’s largest company and the world’s leading exporter of natural gas, says it will delay all investment spending in Nigeria at least until next year’s Nigerian presidential election result is decided, and new legislation enacted to secure foreign investment in Nigeria’s oil and gas industry. The statement of Gazprom’s nervousness came just before Nigerian pirates attacked a Russian oil tanker off Lagos, injuring four seamen.
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By John Helmer, Moscow
Russian poultry producers hope to reduce next year’s poultry import quota to as little as 300,000 tonnes, with just 50,000 tonnes of US chicken legs for direct consumption. Before too long, the domestic growers are also hoping to start exporting Russian poultry abroad.
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By John Helmer, Moscow
After months of speculation that the recent Rothschild family flotation Vallar Plc would buy a Russian iron-ore or coalminer, Vallar has announced in London that instead it is buying an Indonesian steam coal group owned by Aburizal Bakrie (right image). Bakrie is described in the Financial Times as “arguably Indonesia’s most powerful businessman”.
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By John Helmer, Moscow
Oleg Deripaska’s electricity company, Eurosibenergo, is facing the loss of between 7% and 33% of its potential value in the Hong Kong market, as the banks running the attempt at a listing on the Hong Kong Stock Exchange can find few sharebuyers who value the company above the range of $4 billion to $5.6 billion. The banks are Bank of China International, Russia’s state-controlled VTB, and Deutsche Bank.
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By John Helmer, Moscow
The Russian national potash champion has found Canadian resource nationalism too hot a nutrient to handle.
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By John Helmer, Moscow
The threat of a total ban on the multi-billion dollar frozen chicken trade to Russia, commencing January 1, has been dropped by the head of Russia’s Trade and Inspection Agency (Rospotrebnadzor, RPN), Gennady Onishchenko. Just as he gave no reason for threatening the ban a few days ago, Onishchenko has given no reason for changing his mind, when he announced it through the state news agency, RIA-Novosti, on Saturday.
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Sir Henry Vane, born November 15, 1613 – executed for treason in London, June 14, 1662
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