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By John Helmer, Moscow Russia’s grain traders have applied to Mother Nature (image centre) for help in deciding whether Russia’s weather this spring and summer will be so mild, sunny and also wet as to produce a bumper harvest , allowing exports to resume and Russia to retake its place as the third largest grain […]

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By John Helmer, Moscow Russians have always appreciated a good strong watch, and until the collapse of the Soviet Union the domestic watch industry competed effectively against most foreign brands. But the past two decades have almost destroyed the value Russians themselves attribute to such domestic watch brand-names as Polyot and Vostok. The conspicuous display […]

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By John Helmer, Moscow The disclosure that Alisher Usmanov has recently made a secret agreement with Oleg Deripaska to achieve improved corporate governance at Norilsk Nickel is more revealing than Usmanov intends to let out – but that additional revelation isn’t difficult to guess.

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By John Helmer, Moscow Russia’s largest coking coal producer independent of the major steel groups is for sale, as the two controlling shareholder groups — Gennady Kosovoy and Alexander Vagin, who run the management, and the Evraz group — have engaged investment banks to find a buyer for their combined 80% stake in the company. […]

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By John Helmer, Moscow United Company Rusal has triggered three recent pollution crises in Ukraine, Russia and Guinea, and in the latest one, frozen red dust from alumina refining operations at the Ukrainian city of Nikolaev coated a five square kilometre area last week, making it look to residents like a Martian landscape.

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By John Helmer, Moscow Data: The latest report from Emerging Portfolio Fund Research (EPFR) of Boston shows that funds investing in Russian listed stocks reported net inflows for the week ending March 2. The total invested was $139 million. The last time I reported on the funds flow was a fortnight ago, when the Financial […]

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By John Helmer, Moscow LUKoil, Russia’s second oil producer and exporter, has been running an illegal cash smuggling scheme out of front companies in the US, and diverting millions of dollars into a slush fund through an Israeli front company, according to court papers filed in the US yesterday. The mastermind, the US documents allege, […]

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Reuters 2/3/11 CONAKRY – Guinea’s President Alpha Conde on Tuesday enlisted the help of billionaire investor George Soros to review the resource-rich West African nation’s mining code and fight corruption in the sector.

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By John Helmer, Moscow This is the tale of how one Russian’s ambition to be the biggest of his kind in the world, and create a safe haven for his wealth in another country, ended up costing public shareholders billions of dollars in equity and dividend losses; enriched a syndicate of international banks; and lost […]