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Front-line economics: lessons from Russia’s neighbours

On a sunny afternoon aboard an icebreaker in Helsinki’s harbour, it is possible to forget that the border of a warmongering dictatorship is just 150km away. The ships, powerful enough to provide electricity for a small town, are a potential high-tech export to America. They are also a sign of the strains on the Finnish economy. Ever since war in Ukraine broke out and Finland closed its border with Russia, it must trade via the Baltic Sea, hoping to eke out growth in icy conditions.

Narendra Modi’s paltry target for India’s growth

The stockmarket is fuelling America’s economy