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Boston Globe (Free subscription) | yesterday
Iceland's central bank left official interest rates unchanged at 12 percent on Thursday. A month earlier, the bank had defied warnings from the International Monetary Fund and cut the base rate by a full point.
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New York Times (Free subscription) | 06/30/2009
No country lived more enthusiastically in the credit bubble, and none paid a higher price when it burst. Other countries would do well to pay attention.
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UNHCR (Free subscription) | 06/29/2009
At the end of October last year, a group of 29 Palestinians - women and children - were resettled in Iceland from a desert camp. UNHCR's Hanne Mathisen went to see how they were getting on.
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The Earth Times Online Newspaper (Free subscription) | 06/14/2009
Egilsstadir, Iceland - Leaders of five Nordic nations started a two-day meeting Sunday to confer over the proposed entrance of Iceland into the European Union. The meeting in the small eastern Iclandic town of Egilsstadir will also provide the five n...
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Financial Times (Free subscription) | 06/10/2009
Capital controls on the Icelandic kronor can start to be removed towards the end of this year, the central bank governor says, but in the long run a new currency regime should be devised
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The Earth Times Online Newspaper (Free subscription) | 06/08/2009
Reykjavik - Iceland's economy shrank 3.6 per cent in the first quarter of 2009 compared to the final quarter of 2008, Statistics Iceland said Monday. The estimates also indicated that domestic expenditure declined 3.3 per cent in real terms, and expo...
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ireland.com (Free subscription) | 06/08/2009
Icelandic authorities have agreed to reimburse Britain and the Netherlands for compensation they have paid out to British and Dutch depositors in Icesave accounts of the failed Landsbanki bank, the governments said in a joint statement over the weekend.
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Financial Times (Free subscription) | 06/07/2009
The UK and Iceland have reached agreement on the financing package for compensating depositors in Icesave, the offshore branch of Landsbanki, which collapsed in the island's financial crisis last October.
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Reuters (Free subscription) | 06/06/2009
REYKJAVIK/LONDON (Reuters) - Resolving a thorny diplomatic dispute, Iceland struck a deal to reimburse Britain and the Netherlands for billions of pounds and euros owed to savers with Icelandic accounts, the nations said on Saturday.
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The Earth Times Online Newspaper (Free subscription) | 06/06/2009
Reykjavik, Iceland - The Netherlands became the first team from Europe to qualify for the 2010 football World Cup from a 2-1 victory in Iceland on Saturday. Manchester City midfielder Nigel de Jong and Bayern Munich captain Mark van Bommel scored in ...
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Russia News Net (Free subscription) | 06/06/2009
Russia's Finance Ministry will hold talks with Iceland next week and then present proposals to the government on whether to lend money to Iceland. Iceland, reeling from a collapse of its dominant bank...
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AgoraVox (Free subscription) | 06/05/2009
There was an interesting article in Fréttablaðið a couple of days ago called Endurmat í skugga kreppu [Re-evaluation in the Shadow of the Kreppa] by Sverrir Jakobson, which totally turned over a lot of my latent assumptions. I say latent because I wasn't really aware that I had those (...)
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MoPo | Geek News (Free subscription) | 06/04/2009
The South Pacific nation of four million people and 40 million sheep has knocked Iceland off its perch after violent demonstrations followed the collapse of Reykjavik's banking system.Top 10 most peaceful nations: 1 New Zealand, 2 Denmark, 3 Norway, 4 Iceland, 5 Austria, 6 Sweden, 7 Japan, 8 Canada, 9= Finland, 9= Slovenia.Ten least peaceful: 1 Iraq, 2 Afghanistan, 3 Somalia, 4 Israel, 5 Sudan, 6
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Panarmenian (Free subscription) | 06/04/2009
RA Parliamentary Speaker expressed confidence about further development of collaboration between Armenia and Iceland.
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Signs of the Times (Free subscription) | 06/04/2009
Iceland's central bank lowered the benchmark interest rate by a percentage point, defying the International Monetary Fund, as the economy slumps into its worst recession in 60 years. The repo rate was cut to 12 percent from 13 percent, Reykjavik-based Sedlabanki said on its Web site today. The rate cut is the fourth since the island received a $5.1 billion IMF- led bailout in November. Policy makers...