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Iceland



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8Vote!

SXSW Announces 2010 Showcasers...

SXSW : Aa (Brooklyn NY) Acid Mothers Temple & The Melting Paraiso UFO (Osaka JAPAN ) A Classic Education (Bologna ITALY ) Alpha Rev (Austin TX) Amaral (Madrid SPAIN ) And So I Watch You From Afar (Belfast IRELAND ) Apostle of Hustle (Toronto ON) Arms (Brooklyn NY) Ólöf Arnalds (Reykjavik ICELAND ) Art vs Science (Surry Hills NSW ) A Shoreline Dream (Denver CO) Nicole Atkins and The...

3Vote!

The 2009: Year of the Ox, Gorilla, Astronomy or President?

The year 2009 is definitely Presidential year; Barack Obama is inaugurated as the 44th, and first African American President of the United States, Jóhanna Sigurðardóttir is appointed as the new Prime Minister of Iceland, becoming the world's first openly lesbian head of government. Morgan Tsvangirai is sworn in as the new Prime Minister of Zimbabwe following the power-sharing deal...

3Vote!

INTERVIEW - Iceland eyes Icesave approval, boosts EU bid

Iceland's foreign minister is confident parliament will approve by next week an amended bill to repay billions of dollars to Britain and the Netherlands, boosting the country's chances of joining

5Vote!

Chess: Fight Over Fischer’s Estate Is Taking Shape in Iceland

Bobby Fischer died in January 2008, but his long, strange story is not over.

5Vote!

Iceland's Fashion Designers Flourish in the Downturn

Budding fashion designers capitalize on Iceland's ailing economy to set up shop. How the financial meltdown has helped creativity flourish

2Vote!

Fisheries Cooperation Renewed With Norway and Iceland

The governments of Mozambique, Norway and Iceland have pledged to renew their cooperation in fisheries for the period 2009-2013, seeking to improve and make sustainable the exploitation of Mozambican fisheries resources.

5Vote!

Iceland's central bank lowers interest rate to 11 per cent

Reykjavik - Iceland's central bank Thursday lowered its key interest rate by 1 percentage point to 11 per cent. Announcing its decision, the Monetary Policy Committee said the currency has remained broadly stable since late summer, although at a low...

3Vote!

Iceland interest rates cut to 11%

Iceland cuts interest rates to 11% from 12%, as hopes build that the country's economy is starting to stabilise.

5Vote!

Iceland Cuts Key Rate

Iceland's central bank cut its key interest rate to 11% from 12% following recent signs of improvement in the country's economy.

5Vote!

IMF recommends Iceland keep currency controls

Reykjavik - The International Monetary Fund (IMF) has recommended Iceland maintain currency controls for the time being in order to ensure a stable currency, according to a report released Tuesday. The Icelandic central bank published the 98-page rep...

5Vote!

Iceland names negotiator for EU accession talks

Reykjavik - Iceland has picked its chief negotiator to begin talks on joining the 27-member European Union, the foreign ministry said Tuesday. Iceland reversed its a decades-long policy of independence from the EU in July, when it handed in its appli...

4Vote!

Iceland, Thailand, London best-value destinations: guide

Iceland and London are among the world's best-value destinations thanks to the economic crisis, travel guide firm Lonely Planet said Tuesday, while Thailand remains tough to beat. South Africa, India, Malaysia, Mexico, Bulgaria, Kenya and Las Vegas in Nevada rounded out the top 10, said the British-based company in its "Best In Travel 2010" guide. The annual snapshot book captures "the...

3Vote!

MacDonald's Pulls out of Iceland

Icelanders will be saying “vertu blessaður” to any future cravings for a Big Mac or Chicken McNuggets. The three McDonald’s (MCD) restaurants in Iceland closed at midnight on October 31 because of surging costs as a result of the country’s economic collapse over the past year. All three stores are in the country’s capital, Reykjavik. ...

4Vote!

Run on Iceland McDonald's as chain flips last burgers

Noisy crowds, long queues, and traffic jams plunged McDonald's restaurants in Iceland into a state of siege Saturday, as the chain served its final burgers on the island. Icelanders flooded the three branches of the US fast-food restaurant in Reykjavik several hours before the outlets shut for the last time, forced to close after the island's economic collapse caused running costs to soar. Extra staff...

4Vote!

Iceland lifts capital controls as crisis eases

Iceland's central bank said on Saturday it would begin progressively lifting capital controls put in place a year ago after the global financial crisis toppled the country's banking system. The bank "has taken the first step in the sequenced removal of the capital controls by permitting inflows of foreign currency for new investments and potential outflows of foreign currency that may derive...

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1Vote!

UK Government to Sue Iceland Over Savings Dispute

UK Government to Sue Iceland Over Savings Dispute - digitalfever

Alistair Darling has moved to reassure savers worried that they have lost their money with the firm's collapse.