Iceland

Republic of Iceland
Articles

Facts about Iceland
Let’s have a journey through facts about Iceland.

Icelandic Cuisine
Iceland offers a fine variety of all kinds of food produced locally. The quality is excellent, in part because of a very clean environment.

Thaw Under Way for Frozen Icesave Cash
British depositors will get all of their money repaid by end of November after compensation plan agreed

Feeling the Chill: Iceland's Expats
Icelanders who live, work and study in Britain beginning to feel effects of homeland's financial crisis

Fishing for Answers
Iceland has been devastated by the financial crisis. Is there any way back from the brink for this remote island nation?

Reykjavik Cuts Interest Rate As Bank Warns of Sharp Downturn
Rush to stave off economic ruin includes talks with Russia over possibility of loan

Blue-chip Shares Turn Red As Trading Resumes in Reykjavik
Iceland's blue-chip shares plunged by more than three-quarters in value when trading resumed

Iceland: Landsbanki Gets £100m Loan to Pay Uk Depositors
Newly nationalized bank bailed out by Bank of England as economies attempt to cooperate over loss

Philip Green Steps in to Save Baugur
British retail tycoon jets to Reykjavik in dramatic bid to seize control of ailing Icelandic retail giretailant

Extend the Protection Offered to Icelandic Savers
Jill Insley: Until Darling announces that full protection is extended to all UK savers, they will continue shifting their money around

Panic Begins to Spread Among Charities As Scale of Losses Sinks in
British government delegation will meet Icelandic officials and bankers in an attempt to protect UK depositors

Treasury Officials Head to Iceland to Resolve Banking Crisis
Treasury officials en route to Iceland hope to meet officials to seek a solution that minimizes the impact on UK individuals and councils with money in its banks

Lost in Iceland: £1 Billion From Councils, Charities and Police
Gordon Brown brands failure to guarantee British savings in failed banks as 'totally unacceptable and illegal'

Iceland Pleads for Calm As Bank Crisis Deepens
Government seizes control of the country's largest bank while urging savers not to stampede to withdraw cash

Billionaire Tchenguiz Takes £800m Hit With Forced Sale of Investments
Property tycoon forced to sell shares in Sainsbury's and Mitchells & Butlers because of Icelandic bank's woes

Darling Vows to Help Icesave Savers
Chancellor will 'stand behind British savers' as Icelandic government decides not to honor its obligation to savers

Iceland Government Seizes Control of Landsbanki
Prime minister seeks ?4bn loan from Russia to try to avert financial meltdown. By David Teather

'This Mad Foreign Adventure is Over'
Public anger grows as second of Iceland's three largest banks is taken on by government

Customers Face Anxious Wait Over Fate of Icesave Accounts
Fears grow that savers may lose thousands amid uncertainty over compensation scheme

FAQ: Is Your Cash Gone?
Advice regarding the collapse of Icesave

Reykjavik Battles to Save Economy
Icelandic government presents emergency bill giving it sweeping powers over nation's banks

The Party's Over for Iceland, the Island That Tried to Buy the World
Iceland on brink of collapse as inflation and interest rates soar, while the krona is in freefall

Takeover and Currency Slide Fuel Fears for Economy Built on Credit
Fears are growing for Iceland's financial system following a tumultuous week

Survey Puts Iceland at Top of Peace League
Global Peace Index survey suggests world is a marginally more secure place than a year ago

World 'more Peaceful' in 2008
Iceland emerges as most peaceful country in annual survey, while Britain lags behind Panama

Iceland First to Feel the Blast of Global Cooling
Tiny country is like a canary in a coal mine signaling crises in toxic economies

Icelandic Banks Feel the Chill As Credit Crunch Stretches North
Lisa Bachelor: Anyone who has savings with Ice save or the other Icelandic bank that takes UK deposits, Kaupthing, might understandably be feeling a little jittery about the safety of their cash

Iceland Ranks Top in Happy Citizen Table
Iceland is the leader in a league table judging the European country best able to give citizens a long and happy life.

Diplomats Protest Against Iceland's Return to Commercial Whaling
Diplomats today delivered a strongly-worded protest condemning Iceland over its decision to resume commercial whaling.

Diary
We are, as ever, indebted to the news service of Iceland's Western Fjords, Baejarins Bestu, for the news that the remote Strandir region will this weekend host the island's fourth annual ram-groping contest. By Jon Henley

Icelanders Make £170m Raid on Marks & Spencer
Troubled retail chain's share price boosted as stake-building emerges.

Icelandic Dna Project Hit By Privacy Storm
It was meant to give Iceland a global lead in medical research and create one of the world's most powerful drug companies. But the launch of DeCode Genetics is threatening to become a national embarrassment. One leading US biologist has called for an international scientific boycott of...

Iceland Kills Whale in Whale Watching Bay
Icelandic whalers have killed a minke whale in a whale watching bay, just south of Reykjavik, despite promises from the Ministry of Fisheries that the whalers would steer clear of whale watching areas.

Icelandic Whalers Harpoon Their First Victims
Icelandic whalers have already harpooned their first two whales in their resumption of whale hunting activities this month after a 14 year hiatus, the International Fund for Animal Welfare (IFAW) reports.

Iceland Resumes Whaling Despite Ban
The Iceland Fisheries Ministry recently announced they will resume whaling activities despite a ban on commercial whaling handed down by the International Whaling Commission over thirteen years ago.

Iceland's Whale Fleet Sails Into Storm of Protest
When captains Gudmundur Haraldsson, Gunnar Johansson and Konrad Eggertsson slipped their three boats quietly out of port yesterday morning to hunt minke whales for the first time in 14 years, the forecast was for calm seas and clear skies. But within hours the small flotilla - fitted with...

Iceland to Kill Whales for Science
Iceland is to resume whaling next month - after a break of 14 years - in what it claims is a scientific survey to discover how many fish whales eat. Iceland proposed resuming "scientific" whaling at the June meeting of the International Whaling Commission. The IWC voted 21-16 for it to...

Iceland Wants Us Planes to Stay
Iceland yesterday urged Nato to persuade the US to scrap controversial plans to withdraw air defences that have protected the alliance's smallest member for more than half a century. Lord Robertson, Nato secretary-general, was meeting leaders in Reykjavik over a belated footnote to the...

Iceland turns greener
Shell opens the island's first hydrogen filling station and hopes to sell its excess to EU. Britain could be importing renewable energy produced from geothermal springs in Iceland under plans being discussed by the Icelandic government.

James Meek Investigates the Icelandic Company Decode
James Meek on the biotech company that was going to help the world and make Iceland rich - till reality caught up with the hype.

Björk's mother starves to stop dam project
She has lost over a stone in weight, has difficulty in remembering certain words and admits to exhaustion, yet the mother of pop star Björk is refusing to give up her three-week hunger strike against plans for a multibillion-dollar power project in the Icelandic Highlands.

Sam Wollaston Apologises to the Whole of Iceland
Sam Wollaston landed himself in hot water last week when the Guardian mistakenly branded the Blue Lagoon one of the most polluted places on the planet. So off he went to see for himself...

Thousands watch online as wild goose chase takes its toll
Children in Iceland find the body of Oscar the goose, a casualty of a 9,000 mile migration being watched - and wagered on - by thousands online.

Iceland Storms Out of Whaling Summit
Iceland stormed out of the International Whaling Commission yesterday, claiming it had been the victim of dirty tricks in its failed bid to regain full membership.