LONDON (AP) — Budget airline easyJet PLC says it has acquired a ton of ash from Icelandic volcanoes for use in an experiment to test ash detection technology.
An Icelandic frontier village, eyed by a Chinese billionaire for a golf resort, is the setting for a drama involving intrigue, millions of dollars and a swarm of conspiracy theories.
A special prosecutor in Iceland issued indictments this week against the chief executives and 14 other employees of two banks whose spectacular collapse in 2008 sent the Icelandic economy into a tailspin.
Iceland, locked in a tight race against Austria and Turkey, campaigns for two rotating seats on the Security Council that are reserved for the mostly European bloc.
When Norway’s Labour Prime Minister Jens Stoltenberg won reelection in 2009, Iceland was on the brink of joining the European Union and observers wondered if Norway would follow suit.
REYKJAVIK (Reuters) - The center-right Progressive Party will form Iceland's next government, likely to be a coalition with the Independence Party that shares its plans to end EU accession talks and cut household debt. Progressive leader Sigmundur Gunnlaugsson, who could become one of Iceland's youngest leaders at 38, has pledged an end to austerity and to return to growth five years after a spectacular banking collapse plunged the north Atlantic island into crisis. ...
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