Throughout the day new reports have been published on the death of Sergey Magnitskiy, the imprisoned Russian lawyer who had worked for William Browder and Hermitage Capital Management.  Some interesting quotes have come up so far, like this one:"He was a key witness and his evidence was very important," said Irina Dudukina, spokeswoman for the prosecutors' investigative committee. "The tragic news about his death came as an absolute surprise. He had complained about the conditions of his detention but never about his health," she said.Well that's just an outright lie.  Read the submission he made here, which details the repeated written and oral requests for treatment relating to his stomach illness, and the cruel and reprehensible refusal by the prison officials to provide basic care.Then, there is also this devastating critique of the president's failure to act on this ...

The last week of October was a tense time for the bureaucrats at Minprirody, Russia's Ministry for the Protection of the Environment and Natural Resources, and naturally for Minister Yuri Petrovich Trutnev. He went all the way to Cape Town, South Africa to participate in the work of the eighth session of the mixed intergovernmental committee for trade and economic cooperation between the Russian Federation and the Republic of South Africa.

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From there, a mad dash to Namibia, to a meeting with Namibian President H. Pohamba and Prime Minister N. Angula, as well as with first president S. Nujoma and Minister of Mines and Energy E. Nghimtina.

And it wasn't questions

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The race for Ukraine's Presidency is hotting up.  With the incumbent serial Kremlin-offender Viktor Yushchenko flagging with ratings of just 3%, it seems that battle has truly commenced between Prime Minister Yulia Tymoshenko and opposition leader Viktor Yanukovych.  Russia-Ukraine relations have considerably suffered under Yushchenko's leadership -  will Tymoshenko, the other, (lest it be forgot) architect of the Orange Revolution, be West or East-leaning?  RFE/RL quotes her as suggesting that whilst involvement with Europe will be prioritized, warmer Russia relations may be on the cards:I'm sure that our relations with the Russian Federation can be equal and respectable, open and honest, without ambiguities.Or is she planning an altogether different kind of homage to Russia?  Yevgeny ...

Russia's economy shrank at the slowest monthly pace this year in September.  Apparently the Lada has become the quickest growing car brand in Germany since the fall of the Berlin Wall, spurred on by Merkel's cash-for-scrap program.  Putin has offered more funding to Avtovaz, but it is unclear as to whether Renault will participate.  The Russian automaker's management claim the company has no intention of dismissing employees whose retirement age is long-off.  VTB has acquired a controlling interest in Cristall's 11 distilleries, which make Stolichnaya vodka.  Steel maker Severstal says that production at its mills is regaining momentum.  Russia plans to restructure fixed-line operator holding company Svyazinvest by spring 2011.  Sheremetyevo Airport could be privatized to shore up the budget deficit.  The Times reports on the story of Sergei Frank, former transport minister, ...

I just spent an entertaining few minutes perusing the amateur photography gallery of President Dmitry Medvedev (the Moscow Times is running a story on this one).  So far I think Medvedev's photos are much better than Vladimir Putin's foray into oil painting, though it's hard to imagine one of the photographs nabbing a similar £750,000 auction price.What I am struck with though is this constant exaltation of both Putin and Medvedev as "the great man," which sometimes even reminds me of the kind of moves pulled by Kim Jung Il of North Korea (who once even spread the rumor that he was the best golfer in the world on the very first time he tried the game - five hole-in-ones).  The myth factories are pumping out stories in overtime, with Putin going to the bottom of ...

Russia Profile is running one of those panel things they do with various experts on the first decade of Russia under Vladimir Putin.  The praise, as may be expected, is effusive and largely uncritical.  Sometimes its even convincing (funny the kinds of universities where the pro-Putin academics tend to work...).  Ethan Burger takes up the role of the dissenting voice again on this one, with this commentary:

I urge the readers of this panel to read the recently published United Nations Development Program (UNDP) Human Development Report for the Russian Federation. The report was prepared largely by Russian experts. Appropriately, its title is "Russia Facing Demographic Challenges." The report attempts to analyze the main aspects of the most urgent demographic challenges, to offer analysis

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We haven't paid all that much attention to the father-son spy duo Harold and Nathaniel Nicholson, the former residing in jail on a 23-year sentence, while the son, Nathaniel, today pleaded guilty to charges of money laundering related to the payments from the Russian Federation in return for the espionage services provided by his CIA-agent father.  My only question on this one:  why has the Russian government continued to pay its debts to this imprisoned spy?  Who says that Russia doesn't honor its contractual obligations!  I guess it sends a positive sign to future recruits that Moscow will take care of their families...

"In his guilty plea today, Nathaniel Nicholson acknowledged his role in the ongoing conspiracy with his father to collect money from the Russian federation for his father's past espionage activity," said acting U.S. Attorney Kent S. Robinson.

Harold Nicholson

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Friday August 21, 2009

PennyOmega.com Stock Report!

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AURUS CORP. (PINKSHEETS: AURC) presents the new President of the company, Lvov Andrey Jurevich, born in 1956, Irkutsk, Russian Federation. He received his higher education at the Irkutsk’ polytechnic institute in 1978. He has 26 years of operational experience in gold mining. He started as a simple jigger of the gold mining team and later became crew chief and specialist with the geologist responsibilities. He also worked as the chief of the gold mining site, “Majorych,” in the Magadan area. Now he is also the General director of the company “RemBurStroj.”

Deep Down, Inc. (OTC Bulletin Board: DPDW) announced today

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Royal Gold, Inc. acquires and operates precious metals royalties, most of which contain gold and silver deposits. Royal Gold stands out from others in the industry due to its ownership of large portfolios of active, developing and exploration style royalties, located in some of the world’s most prolific gold regions.

The company owns royalty interests in various producing, development, evaluation, and exploration stage projects. The countries in which Royal Gold holds royalty interests includes the United States, Canada, Mexico, Africa, Argentina, Chile, Australia, the Russian Federation, Finland, Columbia, and Central America.

Let us hear your thoughts: Royal Gold, Inc. Message Board

Understanding your customer base may seem like an obvious statement in the manufacturing world. Unfortunately, the statement is all too often ignored. When a cultural aspect is added into the equation, understanding cultural needs and requirements becomes even more of an imperative as ignoring it will ultimately doom a project. If, however, a company can blend the two, it will have a solid chance at substantial profit right along with a savvy investor.

Tiens Biotech Group Inc. USA., a nutritional products company, works to develop, manufacture and market dietary supplements and wellness products primarily in China, the Russian Federation, Ukraine, Vietnam and India. Its products are offered in powder, soft gel capsule, grain and tablet forms. The company is a subsidiary of the Tianshi International Group Inc., a Delaware registered company operating in China.

The company recently reported solid results for the first three months of 2009. Net income increased from $4.4

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