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By John Helmer in Moscow As the curtain goes up this week on Russia’s newest shipbuilding company, the 100% state-owned United Shipbuilding Corporation (USC), maritime sources say the curtain may be coming down on St. Petersburg yard, Baltic Plant (“Baltiysky Zavod”). Baltic is owned by the United Industrial Corporation (UIC) of Sergei Pugachev, who also […]

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By John Helmer in Moscow Yury Trutnev, the Russian minister in charge of Russia’s oil and mineral licences, is the top-earning member of Prime Minister Vladimir Putin’s cabinet for another year, according to official income data just released. For 2008, Trutnev has declared earnings of Rb369.94 million, equivalent now to $10.9 million. Presiding at the […]