Baltic

Baltic may refer to:

Geography

Northern Europe

North America

People and their languages

Baltic states

The Baltic states, also known as the Baltics, Baltic nations or Baltic countries (Estonian: Balti riigid, Baltimaad, Latvian: Baltijas valstis, Lithuanian: Baltijos valstybės), are the three countries in northern Europe on the eastern coast of the Baltic Sea: Estonia, Latvia and Lithuania. The Baltic states cooperate on a regional level in several intergovernmental organizations.

While the indigenous populations of Latvia and Lithuania are known as Baltic people, those of Estonia are Finnic people. Another Baltic identity, Baltic German, began to develop during the Middle Ages after the Livonian Crusade.

Linguistic and historical considerations intersect in defining the concept of "Baltic states": for example, while Latvian is phylogenetically related to Lithuanian (both belonging to the Baltic group of the Indo-European language family) Estonian belongs to a completely different family – the Uralic languages. At the same time, despite considerable linguistic proximity, politically Latvia and Lithuania have gone different ways for most of their history, Lithuania at one point forming a commonwealth with Poland, giving rise to one of the largest countries in Europe at the time; while Latvia has shared most of its history with Estonia, both being governed by a Baltic German élite for more than 700 years. The Livonians (a nearly extinct ethnic group closely related to Estonians) have also participated in the ethnogenesis of Latvians: according to most accounts, the assimilation of (Uralic) Livonians by ancient (Indo-European) Baltic tribes formed the basis of what are today known as the Latvian language and Latvians.

Baltic Sea

The Baltic Sea is a sea of the Atlantic Ocean, enclosed by Scandinavia, Finland, the Baltic countries, and the North European Plain. It includes the Gulf of Bothnia, the Bay of Bothnia, the Gulf of Finland, the Gulf of Riga, and the Bay of Gdańsk. The sea stretches from 53°N to 66°N latitude and from 10°E to 30°E longitude. A mediterranean sea of the Atlantic, with limited water exchange between the two bodies, the Baltic Sea drains through the Danish islands into the Kattegat by way of the straits of Øresund, the Great Belt, and the Little Belt.

The Baltic Proper is bordered on its northern edge, at the latitude 60°N, by the Åland islands and the Gulf of Bothnia, on its northeastern edge by the Gulf of Finland, on its eastern edge by the Gulf of Riga, and in the West by the South-Swedish part of the Scandinavian Peninsula.

The Baltic Sea is connected by artificial waterways to the White Sea via the White Sea Canal and to the German Bight of the North Sea via the Kiel Canal.

Definitions

The Economist

The Economist is an English language weekly newspaper owned by the Economist Group and edited in offices based in London. Continuous publication began under founder James Wilson in September 1843. For historical reasons, The Economist refers to itself as a newspaper, but each print edition appears on small glossy paper like a news magazine. In 2006, its average weekly circulation was reported to be 1.5 million, about half of which were sold in the United States.

The publication belongs to The Economist Group. It is 50% owned by private investors and 50% by Exor, the Agnelli holding company, and the Rothschild banking family of England. Exor and the Rothschilds are represented on the Board of Directors. A board of trustees formally appoints the editor, who cannot be removed without its permission. Although The Economist has a global emphasis and scope, about two-thirds of the 75 staff journalists are based in the City of Westminster, London. As of March 2014, the Economist Group declared operating profit of £59m. Previous major shareholders include Pearson PLC.