By John Helmer in Moscow
If life were a circus, then the only reason a contemplative man would walk behind an elephant in a ring, wielding bucket and shovel, would be for the money, not for the laughs.
John Lloyd, a onetime Moscow correspondent of the Financial Times, has made many of his colleagues and readers laugh at him. But it was his eulogy upon the death of ex-President Boris Yeltsin, just published by the Financial Times, that has been convincing. Lloyd hasn’t been clowning all this time for laughs. He’s been putting shit in a bucket for the money.
And good money it was, certainly when his then wife headed the Moscow office of a well-known English law firm, and Lloyd filled his Moscow despatches with tales of the good fortune falling from the parapets of the Kremlin for her clientele. There was the odd and embarrassing pratfall; the time, for example, when Lloyd reported, and the FT printed, that Yegor Gaidar had been voted in as prime minister, when that favourite of Lloyd, his wife’s law firm, and the FT had in fact been trounced by Victor Chernomyrdin. Thus did Gaidar’s high political career end – in retrospect, we can now say, for good – while Lloyd was telling the FT audience the reverse.
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By John Helmer in Moscow
Oleg Deripaska is under unexpected personal pressure, at home and abroad, just when his plan to take control of one of the largest bauxite and aluminium producers in the world is close to final government approval. And that is exactly why the trouble for Deripaska is growing now.
Russian government authorization this month of the creation of a monopoly aluminium concern, integrating domestic and foreign bauxite, alumina, and aluminium production assets, has followed a no-objection ruling from the European Commission (EC) in Brussels. The unconditional ruling was issued by the EC on February 1.
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By John Helmer in Moscow
Did Nicolas Sarkozy, the small rightwing candidate for President of France, benefit from the brief imprisonment in Lyon of one Russian billionaire, and from the award of a medal, days later in Paris, to another Russian billionaire, who happened to be the business partner of the first?
And was Sarkozy helped by Renaud Donnedieu de Vabres, ministre blanchisseur, official custodian of French culture, receiver of kickbacks, and arranger of unorthodox donations to presidential campaign chests?
In short, on January 30, when Donnedieu de Vabres awarded the medal of Officer of the Legion of Arts and Letters to Vladimir Potanin, was this the end to an ingenious quartet of hostage-taking and ransom on the French side, procuring and precious metals on the Russian?
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Iraq’s political strife continues as hopes fade over a compromise struck between factions that ended a nine-month impasse after last March’s inconclusive elections. While former premier Iyad Allawi is threatening to walk out on a national council he was offered under the deal, Prime Minister Nuri al-Maliki has hinted he will resign and call early elections. - Sami Moubayed (May 27, ‘11)

Softbank president Masayoshi Son is leading a push to wean Japan off nuclear energy after the Fukushima disaster. With more than half the country’s aging atomic power plants closed, even pachinko parlors are dimming their lights. But not every chief executive officer is as progressive and the government seems slow to react to the challenge. - Christopher Johnson

Conflict scenarios abound in the run-up to Thailand’s first elections since last year’s bloody unrest. A Puea Thai-led government headed by Yingluck Shinawatra, sister of the ousted prime minister, risks backlash from the military and royalists, while a win by the ruling Democrats could provoke more protests by the “red shirts” of the United Front for Democracy Against Dictatorship. - Nelson Rand and Chandler Vandergrift (May 27, ‘11)

Liberal Leviathan: The Origins, Crisis, and Transformation of the American World Order by G John Ikenberry A liberal pro-United States bias permeating the book sees the US’s resource-oriented military gambits and imperial behavior conveniently papered over and rising states dismissed as challengers to the global order. By presenting US power as benign, with no nefarious core-periphery or hegemonic dimensions, the author undermines his own views on the rapidly changing state of world affairs. - Kaveh L Afrasiabi (May 27, ‘11

The rest of the region might be teetering, but members of the Gulf Cooperation Council - Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain and Oman - are sleeping easy. Nothing will happen to them because the enlightened West - not Allah - is their supreme guardian. And for any extra muscle they might need to keep the order they desire, heavily bankrolled foreign mercenaries are just the ticket. - Pepe Escobar (May 27, ‘11)