4th Floor Hotel
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...
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.
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 ...
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
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...
The Earth Times Online Newspaper (Free subscription) | 06/04/2009
Reykjavik - Iceland's central bank on Thursday decided to lower its key interest rate by 1.0 percentage points to 12 per cent, continuing its recent moves to bring down rates. A month ago, the central bank, Sedlabanki, reduced its lending rates to 13...
Queerty (Free subscription) | 06/01/2009
Reykjavik! Ontario! Charlotte! Leipzig! Johannesburg! It doesn't matter where you'll be this summer … because there's rainbow balloons, oonce-oonce music, muscle queens and bull dykes, and Absolut vodka flowing somewhere nearby. CONTINUED » Permalink | Post a comment | Add to del.icio.us Tagged: Gay Pride, Pride
The Earth Times Online Newspaper (Free subscription) | 05/29/2009
Reykjavik - There are no immediate prospects for interest rate cuts in Iceland, the head of a visiting delegation from the International Monetary Fund said Friday. Mark Flanagan's remarks were made at the end of a review visit to Iceland that lasted ...
Seattle Post-Intelligencer (Free subscription) | 05/10/2009
REYKJAVIK, Iceland -- Iceland's new government said Sunday it will ask parliament to vote on whether the recession-hit country should start membership talks with the European Union.
The Earth Times Online Newspaper (Free subscription) | 05/10/2009
Reykjavik - Iceland's new social democrat Prime Minister Johanna Sigurdardottir unveiled her coalition cabinet on Sunday, which sees the island state ruled in partnership with the Green party. The announcement of the new government comes two weeks af...
The Earth Times Online Newspaper (Free subscription) | 05/07/2009
Reykjavik - Iceland's leftwing government plans to prepare a bid for entry to the European Union, social democratic Prime Minister Johanna Sigurdardottir told broadcaster RUV late Wednesday. Sigurdardottir said that she planned to ask Iceland's newly...
Gossip Craze (Free subscription) | 04/27/2009
reykjavik germany on thursday welcomed icelands agreement with the international monetary fund imf on a 21billiondollar loan to tide it over a major financial crisisthe deal paves the way for a quick settlement with some 30000 german depositors in kaupthing bank one of the north atlantic nations three main banking groups that recently collapsed over theglobal credit crunchgermanys finance ministry...
The Earth Times Online Newspaper (Free subscription) | 04/26/2009
Reykjavik - Iceland got the first-ever leftist majority in its history in Saturday's parliamentary elections, with final returns giving the Social Democrats and Greens over half the vote and inflicting punishing losses on the conservatives. In the fi...
The Earth Times Online Newspaper (Free subscription) | 04/26/2009
Reykjavik - Iceland was set to get its first leftist majority government since its founding 65 years ago, latest election returns early Sunday showed. With 82 per cent of the ballots counted, the Social Democrats and Greens had gained 52.7 per cent o...
Reuters (Free subscription) | 04/26/2009
REYKJAVIK (Reuters) - Social Democrat Prime Minister Johanna Sigurdardottir swept to victory in Iceland's election on Sunday after street protests over an economic meltdown toppled the previous conservative-led government.
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