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Iceland says goodbye to the Big Mac

The Big Mac, long a symbol of globalization, has become the latest victim of this tiny island nation's overexposure to the world financial crisis.

Icelandic translation of Dan Brown novel stolen

Police are looking for someone who might be reading the Icelandic translation of Dan Brown's new novel, "The Lost Symbol."

Iceland court lifts gag order after public outrage

A court in Iceland lifted a gag order Tuesday that allowed Kaupthing Bank to prevent media coverage of a leaked file that discloses details of the bank's weak position shortly before it collapsed in October.

Man who was Iceland's 2nd richest is bankrupt

The second richest man in Icelandic history has filed for bankruptcy, his spokesman said Friday.

Fishing is key issue as Iceland applies to join EU

Iceland formally applied Thursday to join the European Union but said it would not accept a "rotten deal" for its fishing industry, a key sector of the island nation's troubled economy.

United flight makes emergency stop in Iceland

Authorities say smoke coming out of the cockpit forced a Chicago-bound United Airlines flight to make an emergency landing at Keflavik International Airport in Iceland.

Iceland's parliament votes to join EU

Iceland's parliament voted by a narrow margin Thursday to apply for membership in the European Union, moving to relinquish some of the recession-hit country's cherished independence in the name of stability.

Iceland's government moves closer to joining EU

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.

Facts and Figures on Iceland's Elections

Facts and figures on Saturday's Icelandic parliamentary elections, called after the former government collapsed in January.

Facts and figures about Iceland

A look at Iceland, which holds parliamentary elections Saturday:

Iceland's leftist coalition win general election

Iceland's leftist coalition was confirmed on Sunday as the winner of the country's general election — a blow for the pro-business Independence Party that many blamed for the collapse of the country's banking system.

Icelandic government takes control of Straumur

The Icelandic government has taken control of Straumur Burdaras Investment Bank hf., the last of the major Icelandic banks to collapse after running out of liquidity.

New government takes office in crisis-hit Iceland

A new center-left government took office in crisis-hit Iceland Sunday, headed by the country's first openly gay national leader.

Iceland extends warm hand to chilly Britain

Icelanders are shipping warm woolen clothing to their needy North Atlantic neighbors in Britain.

Arctic's thaw brings security risks for NATO

NATO will need a military presence in the Arctic as global warming melts frozen sea routes and major powers rush to lay claim to lucrative energy reserves, the military bloc's chief said Thursday.

Iceland to appoint gay woman minister to PM post

Iceland's next leader will be an openly gay former flight attendant who parlayed her experience as a union organizer into a decades-long political career.

Iceland raises quota for whale hunts

Iceland raised it quota on whale hunting Tuesday to 250 a year, a dramatic increase over past levels.

Iceland's center-left party to lead new government

Iceland's center-left Social Democratic Alliance Party was chosen Tuesday to form a new government with the Left-Green movement following the collapse of the conservative government amid deep economic troubles.

Iceland's commerce minister quits, citing meltdown

Iceland's commerce minister quit Sunday citing the pressures of the nation's economic collapse, as the country's political leaders failed to agree on how to lead country out of its financial crisis.

Iceland governing party official expects election

A senior figure in Iceland's main governing party said Thursday that she expects early elections this year, as protesters demanded the government step down over the country's severe economic crisis.

Icelandic lawmakers return to work amid protests

Demonstrators angry about Iceland's economic crisis gathered outside parliament Tuesday, banging pots and honking horns as lawmakers reconvened after their winter break.

Iceland rescues some Woolworths jobs, stores

Frozen food store Iceland Foods Ltd. came to the partial rescue of collapsed retailer Woolworths on Friday, saying it plans to create 2,500 jobs after buying 51 former Woolworths stores.

Iceland's Kaupthing to sue UK over bank action

Iceland's state-run Kaupthing bank will sue the British government for its decision to force the bank's British subsidiary into a form of bankruptcy, the Icelandic Prime Minister's office said Tuesday.

Icelandic TV program featuring PM forced off air

A nationally televised meeting between Iceland's prime minister and other political leaders was forced off the air Wednesday night when angry protesters disrupted the broadcast.

Windows broken at Iceland's financial regulator

A small group of demonstrators smashed windows at the offices of Iceland's financial regulator Thursday — the latest in a series of demonstrations in the financially stricken island nation.

The Vine
Are these the Top 10 Coolest Statues?
Source: Discovery.com

Wow..very clever!

McDonald's pulls out of Iceland
Source: BBC News

McDonald's is to close its business in Iceland because the country's financial crisis has made it too expensive to operate its franchise. The fast food giant said its three outlets in the country would shut - and that it had no plans to return.

Iceland leads on gender equality
Source: BBC News

Iceland is the country that has made the most progress in closing the gender gap - knocking Norway off the top spot - a World Economic Forum survey said.

McDonald's pulls out of Iceland
Source: BBC News

McDonald's is to close its business in Iceland because the country's financial crisis has made it too expensive to operate its franchise.

One Year On: How Iceland Is Coping With a Broken Economy - SPIEGEL ONLINE
Source: SPIEGEL ONLINE

It's been one year since Iceland slid into the financial abyss with the failure of leading banks. The economy still hasn't recovered, but Icelanders appear to have gotten used to life in the crisis. They live more modestly now and seem surprisingly content.

Iceland looks to serve the world
Source: BBC News

Since the financial crisis, Iceland has been forced to retreat back from high octane bubble living to nature.

90 percent of Icelandic households with Internet access | IceNews - Daily News
Source: Iceland News

So, you think US is a leader of the world? I wonder why Iceland leads us in internet availability. Check out this news site from Iceland to see what is going on with the really leading countries.

Iceland submits EU membership bid
Source: BBC News

Iceland has formally applied to join the European Union, the Swedish government has announced.

Arctic nations say no Cold War
Source: Scientific American

Arctic nations are promising to avoid new "Cold War" scrambles linked to climate change, but military activity is stirring in a polar region where a thaw may allow oil and gas exploration or new shipping routes.

Iceland's secret belief: More than half of all Icelanders think elves may exist
Source: timesonline.typepad.com

Surely Icelanders don't believe in Elves? It's a matter of earnest debate on the New York Mag where John Moody, who lives in Iceland responds to  this Vanity Fair article on the country's financial meltdown.

Iceland applies to join European Union
Source: CNN

Financial crisis-stricken Iceland formally applied for European Union membership on Friday, a day after lawmakers narrowly backed a government plan to take the island nation into the economic and political bloc.

Watching Whales Watching Us
Source: The New York Times

Whales, we now know, teach and learn. They scheme. They cooperate, and they grieve. They recognize themselves and their friends. They know and fight back against their enemies.

Mass grave of skeletons spewing forth from Kaupthing
Source: icenews.is

Kaupthing Bank loaned its staff a total of ISK 47.3 billion (in the region of USD 640 million at the time) solely to buy its own shares in 2006 alone. This comes from the tabloid DV newspaper which claims to have a complete copy of the Kaupthing 2006 loan book in its possession.

Rejecting Icesave deal could be akin to declaring war
Source: icenews.is

If Iceland's Althingi parliament does not pass the bill confirming the state's overall responsibility for dealing with the Netherlands and the UK's Icesave claims, the entire country's economy would be put on a war footing.

Migraines 'may be damaging women's brains'
Source: abc.net.au

A study by American and Icelandic researchers has found that migraine headaches may cause long-term damage to women's brains.

Whale-watching 'worth billions': could it end the need for hunting?
Source: BBC News

Whale watching generates far more money than whale hunting, according to a report released at the International Whaling Commission (IWC) meeting here. Worldwide, the industry now generates about $2.1bn per year, it says.

Economic meltdown opens door to Iceland
Source: Chicago Tribune

Iceland seems like a nice place for a vacation.

Icelandic banker took 70 million in loans from himself
Source: icenews.is

Sigurjon Th. Arnason, former director of Landsbanki, received two loans from his private pension fund kept by the bank. The loans were a so-called bullet loan, meaning interest payment is only due once, at the end of the loan period after 20 years.

Icelandic banks complete takeover of West Ham
Source: Guardian Unlimited

West Ham have been taken over by an asset management company, CB Holdings, a subsidiary of its main creditor, the Icelandic bank Straumur.

Sale of Icelandic whale meat in turmoil
Source: icenews.is

There is little to no market for whale meat in Japan, according to the manager of the import company Asian Trading Co Ltd, which has been Hvalur hf.'s main Japanese customer.

Iceland to repay £2bn UK savings
Source: BBC News

The Icelandic government has agreed to repay a $3.2 bn dollar (2.3 bn pounds) loan to the United Kingdom. The loan from the UK covered the amount the Icelandic government reimbursed Britons that lost money in accounts of the collapsed Icelandic bank Icesave.

Earthquakes in Iceland
Source: icenews.is

Iceland's south western Reykjanes Peninsula has been experiencing a huge amount of seismic activity in recent days.

Strange behaviour: herring in Icelandic harbours
Source: icenews.is

Herring have been found in great numbers in and around Hafnarfjordur Harbour in recent weeks. The herring seem to be swimming in and out of the harbour on a whim and seafarers report the fish seem to be schooling in greater numbers inside the harbour than outside.

NSW council millions melt like ice in Iceland
Source: Australian News Network

For the nine councils with identifiable losses on products exposed to Iceland, original investments worth $27.7 million are now valued at less than $3.3 million - a loss of $24.4 million, or 88.2 per cent.

Irene Nelson - Sunrise
Source: YouTube

The spectacular music video from Irene Nelson for her new hit single, Sunrise.

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