Iikka Korhonen
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iikkakorhonen.bsky.social
Iikka Korhonen
@iikkakorhonen.bsky.social

Head of BOFIT (Bank of Finland Institute for Emerging Economies), not representing the official views of my employer, RTs not endorsements

https://t.co/E0YqzEKBp7

Economics 82%
Political science 9%

Reposted by Iikka Korhonen

Canada stands with Ukraine. Our new loan guarantees and financing will support a just and lasting peace — and help the Ukrainian people rebuild and recover.

Helsinki❄️

Reposted by Iikka Korhonen

👀Trump and Putin speak by phone -- ahead of Trump's crucial meeting with Zelenskiy.

Reposted by Iikka Korhonen

How Did DOGE Disrupt So Much While Saving So Little?
www.nytimes.com

Reposted by Iikka Korhonen

This year I did my first Reddit 'Ask Me Anything'. The top-rated question? What's high-level diplomacy really like? Yes, there’s small talk. Jokes too. And yes, Obama once gave Deep Purple albums to Medvedev before negotiating nuclear weapons. Full thread here: www.reddit.com/r/IAmA/comme...
From the IAmA community on Reddit: I negotiated face-to-face with Putin. I’m Michael McFaul, former U.S. Ambassador to Russia. AMA about Russia, China, or American foreign policy.
Explore this post and more from the IAmA community
www.reddit.com

Reposted by Iikka Korhonen

Main Wine Exporters to Belarus, 2023.
Overall, Belarus’s wine imports are modest. Total imports of 56.65 million liters for a population of 9.03 million translate into approximately 6.2 liters per capita. Moldova accounts for more than 60% of the total import volume.

Reposted by Iikka Korhonen

Moscow court sentences Galina Timchenko, co-founder and CEO of independent #Russia outlet Meduza, to five years in prison in absentia on charges of leading an “undesirable” organization

#Ukraine #UkraineWar
A reminder that Dean Martin and Frank Sinatra’s parents emigrated here during a period when Italians were considered to be a genetically inferior and criminal-minded underclass that Stephen Miller’s racist predecessors said should be excluded from America

Reposted by Iikka Korhonen

Happy Greatest Geopolitical Catastrophe of the 20th Century Day to all who celebrate!

Reposted by Iikka Korhonen

One of the Europeans who has been barred by Rubio’s State Department from entering the US for his work in combating online hate speech happens to be a permanent US resident with an American wife and child. www.nytimes.com/2025/12/25/u...
Judge Blocks Detention of British Researcher Who Scrutinizes Online Hate
www.nytimes.com

Kuvan ottamisen jälkeen pari henkilöä meni uimaan😄

Helsinki
The government has broad authority to control admission but courts have held *repeatedly*, over more than half a century, that the First Amendment bars the government from denying visas to foreign citizens simply because it dislikes what they have to say. 1/
www.nytimes.com/2025/12/24/b...
They Seek to Curb Online Hate. The U.S. Accuses Them of Censorship.
www.nytimes.com

Reposted by Iikka Korhonen

"Commodity purchases were negotiated bilaterally and driven by economics, including freight costs and margins, rather than political pledges"

www.ft.com/content/c961...

Shocked faces in the White House
EU spent less on US energy after $750bn Trump trade deal
Member states’ spending on US oil and gas fell 7 per cent over the past four months
www.ft.com

Good choice… I was lucky enough to see the reformed Heartbreakers in 1984. One important building block in my musical education!

Reposted by Iikka Korhonen

Here's each G7 country's cumulative increase in real GDP per capita, since just before the pandemic:

🇺🇸 +11.3%
🇮🇹 +7.7%
🇯🇵 +3.7%
🇫🇷 +3.2%
🇬🇧 +0.8%
🇨🇦 +0.5%
🇩🇪 -1.7%

Reposted by Iikka Korhonen

With US GDP released today (4.3% annualized), we now have Q3 growth data for every G7 country

Here's each country's cumulative increase in real GDP, since just before the pandemic:

🇺🇸 +15.3%
🇨🇦 +11.3%
🇮🇹 +6.3%
🇬🇧 +5.3%
🇫🇷 +5.2%
🇯🇵 +1.0%
🇩🇪 -0.2%
Solar power also continues to skyrocket in Texas, with solar generation up 25% compared to last year!

Reposted by Iikka Korhonen

How Elon Musk's DOGE became a fiasco of deception and accounting gimmicks -- failing in its mission to slash government waste

Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/2025/12/23/u...
How Did DOGE Disrupt So Much While Saving So Little?
www.nytimes.com

The U.S. economy grew at a 4.3% annual rate in the third quarter, despite the uncertainty created by tariffs and widespread concerns about affordability among households.
U.S. GDP Grew 4.3%, Surging in Third Quarter of 2025
Gross domestic product grew at a 4.3 percent annual rate, faster than the previous three months.
nyti.ms

Reposted by Iikka Korhonen

Euroclear has unfrozen more than $600 million belonging to the Eurasian Development Bank, previously blocked under EU sanctions. The reported terms: the funds must be used domestically inside Kazakhstan and will remain under Euroclear’s oversight. www.kommersant.ru/doc/8315248?...
Euroclear разблокировал более $600 млн средств ЕАБР
Подробнее на сайте
www.kommersant.ru

Reposted by Iikka Korhonen

Flag-hopping shadow fleet starts to settle in Russia

▶️Shadow fleet ships are ending flag hopping in favour of direct Russian registration
▶️Russia’s ship register has increased in size by 40% since the invasion of Ukraine

www.lloydslist.com/articles/202...
Flag-hopping shadow fleet starts to settle in Russia
Russia’s willingness to directly flag ships operating in sanctioned trades points to a more permanent evolution of the shadow fleet, with direct oversight and protection from Moscow
www.lloydslist.com

Cheers! 🥂
"Which alcoholic drinks are you going to consume on New Year's Eve 2025?"
Popular Alcoholic Beverages on New Year's Eve in the U.S., 2025.

Reposted by Iikka Korhonen

"Which alcoholic drinks are you going to consume on New Year's Eve 2025?"
Popular Alcoholic Beverages on New Year's Eve in the U.S., 2025.

Reposted by Iikka Korhonen

The Conference Board measure of consumer confidence shows December assessments of current conditions below the April dip--and the less cyclical expectations component seems to be trending lower after being resilient in the pandemic, it is now in the region of the slow grinding recovery from the GFC
Peter Navarro: "In an age of AI when all the white collar jobs are going away pretty damn quick, I think maybe it's a good time for people to think about having good blue collar jobs ... give tariffs a chance, because they're working"
in new ad, Dr Oz hypes Trump's "bold action" of [checks notes] asking drug companies to lower their prices

Reposted by Iikka Korhonen

President Macron: "In Nuuk, I reaffirmed France’s unwavering support for the sovereignty and territorial integrity of Denmark and Greenland. Greenland belongs to its people. Denmark stands as its guarantor. I join my voice to that of Europeans in expressing our full solidarity."

Reposted by Iikka Korhonen

"Copper Prices Hit $12,000 for First Time as Tariff Trade Upends Market" www.bloomberg.com/news/article...
"The possibility that Trump will place tariffs on the metal has been a central factor driving prices higher"