McDonald’s restaurants to close in IcelandREYKJAVIK - Icelanders will in future have to go abroad to buy a Big Mac since US fastfood giant McDonald’s is to close its restaurants in the North Atlantic island-nation, public broadcaster RUV reported Tuesday. McDonald’s closes in Iceland as currency collapse takes a bite out of Big Mac profits
Iceland says goodbye to the Big Mac REYKJAVIK, Iceland — 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. Lost in translation: thief nabs Icelandic version of Dan Brown’s new novelREYKJAVIK, Iceland — 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 at efforts to hide losses of huge investorsREYKJAVIK, Iceland — 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. Iceland says IMF postpones action on $2.1 billion loan and release of Nordic fundsREYKJAVIK, Iceland — Iceland’s government said Friday that the International Monetary Fund has postponed a decision on releasing additional funds for the nation’s economic recovery program. Iceland’s former 2nd richest man files for bankruptcy; largest in country’s historyREYKJAVIK, Iceland — The second richest man in Icelandic history has filed for bankruptcy, his spokesman said Friday. Iceland’s parliament narrowly votes to apply for European Union membership.REYKJAVIK, Iceland — 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. With economy in ruins, Iceland’s parliament to vote on applying to join European UnionREYKJAVIK, Iceland — Iceland’s buccaneering Viking spirit took a battering last year when the country’s banking sector and currency collapsed and the volcanic island became an early casualty of the global economic crisis. Iceland’s special investigator says company offices are searched in criminal probeREYKJAVIK, Iceland — The offices of two companies were searched Tuesday in a criminal investigation related to the collapse of the nation’s banking system, Iceland’s Special Prosecutor said. Iceland’s special investigator says 2 investment firm offices are searched in criminal probeSearches at offices of 2 Iceland investment firms REYKJAVIK, Iceland — Iceland’s special prosecutor says that the offices of two investment firms are being searched in a criminal investigation related to the collapse of the nation’s banking system. Iceland’s new government says it will ask parliament to vote on starting EU membership talksREYKJAVIK, 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. Iceland’s leftist coalition win election in strong blow for pro-business Independence PartyREYKJAVIK — 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. Iceland’s Social Democrats win most votes in election, but promise coalition governmentREYKJAVIK, Iceland — Official results from Iceland’s general elections show the Social Democrats won the most votes. Preliminary results indicate victory for Iceland’s leftwing government in general electionREYKJAVIK — Iceland’s leftist government was headed Saturday for a strong victory in the country’s general election, a rejection of the pro-business Independence Party that ran the government last fall when the banking system failed, preliminary results show. Idle cranes, empty shop windows signal grim mood as Icelanders vote for new ParliamentREYKJAVIK, Iceland — Idle building cranes and empty shop windows reminded Icelandic voters of their country’s economic calamity Saturday as they voted for a new Parliament. Crisis-hit Icelanders voting for new Parliament; expected to turn left after economic collapseREYKJAVIK, Iceland — Icelanders voted Saturday in an early parliamentary election expected to see them turn their backs on the lawmakers who were in charge when the tiny Nordic nation’s financial system collapsed last year. Crisis-hit Icelanders voting for new Parliament; expected to turn left after economic collapseREYKJAVIK, Iceland — Icelanders voted Saturday in an early parliamentary election expected to see them turn their backs on the lawmakers who were in charge when the tiny Nordic nation’s financial system collapsed last year. Crisis-hit Icelanders expected to turn to left-wing parties in weekend electionREYKJAVIK, Iceland — Icelanders vote in an early parliamentary election Saturday and are expected to turn their backs on the lawmakers who were in charge when the tiny Nordic nation’s financial system collapsed last year. Gay politician tipped to lead new government in IcelandSTOCKHOLM/REYKJAVIK - Iceland seems set to make political history again after the recent collapse of its ruling coalition since the top candidate as interim prime minister is openly gay. Social Democrats asked to form new government in IcelandREYKJAVIK - Iceland’s President Olafur Ragnar Grimsson Tuesday asked centre-left Social Democratic Alliance Party to form an interim government after the collapse of the ruling coalition amid deep economic crisis and political discord. |
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