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Keyword: iceland

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  • Should USA try and be more like sucessful Northern Europe?

    05/17/2011 12:53:21 PM PDT · by WesternCulture · 54 replies
    05/17/2011 | WesternCulture
    - Perhaps, but Northern Europe didn't get rich by adopting policies resembling what Obama today is doing to the US.
  • Astronomy Picture of the Day -- A Starry Night of Iceland

    05/17/2011 4:23:47 AM PDT · by SunkenCiv · 7 replies
    NASA ^ | May 17, 2011 | (see photo credit)
    [Credit: Stephane Vetter (Nuits sacrees)] Explanation: On some nights, the sky is the best show in town. On this night, the sky was not only the best show in town, but a composite image of the sky won an international competition for landscape astrophotography. The above winning image was taken two months ago over Jökulsárlón, the largest glacial lake in Iceland. The photographer combined six exposures to capture not only two green auroral rings, but their reflections off the serene lake. Visible in the distant background sky is the band of our Milky Way Galaxy, the Pleiades open clusters of...
  • New power elite emerged in medieval Iceland as the island became Norwegian

    05/16/2011 3:00:41 PM PDT · by decimon · 25 replies
    University of Gothenburg ^ | May 16, 2011 | Unknown
    As Iceland became part of the Norwegian kingship 1262, a new power structure in the shape of an Icelandic aristocracy appointed by the king of Norway was established. This development is discussed in a doctoral thesis in History from the University of Gothenburg, Sweden, that sheds light on a period in the Icelandic history that previously has not received its due attention. 'The 14th century has never received a great deal of attention in Icelandic history writing. This is surprising since this period is at least as important as the considerably more frequently discussed so-called Free State period (around 930�/64)...
  • The EU at a glance

    04/16/2011 5:38:02 AM PDT · by SunkenCiv · 18 replies
    Europa ^ | this it timeless | some committee of moonbats
    Did you know that the EU has ensured that there has been no war between its members for last 60 years?
  • Iceland: A gentle cure for the crisis

    04/09/2011 3:27:24 PM PDT · by bruinbirdman · 2 replies
    Mediapart, Paris ^ | 4/8/2011 | Ludovic Lamant
    While countries elsewhere in Europe have responded to the debt crisis with unpopular austerity plans, Iceland, which allowed its banks to fail, has now embarked on a slow journey towards recovery. In a referendum scheduled for 9 April, the citizens of the country may refuse to reimburse the international creditors of the collapsed Icesave savings scheme. Walk through the streets of Reykjavik and you cannot fail to notice the vast cathedral of black concrete and multi-faceted reflective glass rising from its enormous seafront construction site — a monumental building which seems strangely out of place in such a predominantly low-rise...
  • Viking sagas read through the lens of climate change

    03/10/2005 8:19:28 AM PST · by Squawk 8888 · 43 replies · 1,020+ views
    EurekAlert ^ | March 9, 2005
    Ancient Icelandic sagas may be full of treachery, death and destruction, but the real villain behind all the foment could well have been climate change. According to a Canadian scientist, there's a direct link between changes in regional temperatures and the thematic content of the sagas. The research is based on newly reconstructed temperature records gained from ocean sediment cores collected off the coast of Vestfirdir, the northwest peninsula of Iceland by scientists from the University of Colorado. Analysis of mollusc shells within these cores has provided an astounding, almost weekly, record of temperature changes in the region. "The difficult...
  • Icesave Petition Handed to President of Iceland (said no so deal goes to a national referendum)

    02/20/2011 7:59:28 AM PST · by Leifur · 10 replies
    Iceland Review ^ | 20.02.2011 | Jane Wardell reported from London.
    The representatives of the petition on, where President of Iceland Ólafur Ragnar Grímsson is urged not to sign the new Icesave legislation and send it to a national referendum, delivered almost 37,600 signatures to Bessastadir, the presidential residence, today at 11 am. One of the petition’s organizers, Hallur Hallsson, told that the signatures were run against the National Registry database by the company Creditinfo, which resulted in 186 names being crossed off the list. Hallsson said the methodology of the collection and the processing of the data would be explained to the president. The petition was closed to...
  • Icelandic Volcano Appears on Verge of a Far More Powerful Eruption than Last Year

    02/10/2011 7:35:39 AM PST · by Reaganite Republican · 18 replies
    Reaganite Republican ^ | February 10, 2011 | Reaganite Republican
    Bárdarbunga dwarves the Eyjafjallajökull volcano,  which shut-down most of Europe's airspace in May 2010 Local experts have observed all the signs that another -much larger- Icelandic volcano is ready to blow, an event that could dwarf last year's series of eruptions that shut down air travel throughout Europe and changed weather patterns for months... Geologists detected the high risk of a new eruption after evaluating an increased swarm of earthquakes around the island's second largest volcano.  Pall Einarsson, a professor of geophysics at the University of Iceland, says the area around Bárdarbunga is showing signs of increased activity, which provides...
  • Icelandic Volcano 'Set To Erupt'

    02/09/2011 7:19:07 AM PST · by blam · 51 replies
    Icelandic Volcano 'Set To Erupt' Scientists in Iceland are warning that another volcano looks set to erupt and threatening to spew-out a pall of dust that would dwarf last year's event. Lava and ash explode out of the caldera of Iceland's Eyjafjallajokull volcano Photo: REUTERS 6:38PM GMT 08 Feb 2011 Geologists detected the high risk of a new eruption after evaluating an increased swarm of earthquakes around the island's second largest volcano. Pall Einarsson, a professor of geophysics at the University of Iceland, says the area around Bárdarbunga is showing signs of increased activity, which provides "good reason to worry"....
  • Icelandic volcano 'set to erupt' (Bardabinga)

    02/08/2011 12:07:27 PM PST · by TaraP · 36 replies
    Daily Telegraph ^ | Feb 8th, 2011 | Staff
    Scientists in Iceland are warning that another volcano looks set to erupt and threatening to spew-out a pall of dust that would dwarf last year's event.... Geologists detected the high risk of a new eruption after evaluating an increased swarm of earthquakes around the island's second largest volcano. Pall Einarsson, a professor of geophysics at the University of Iceland, says the area around Bárdarbunga is showing signs of increased activity, which provides "good reason to worry". He told the country's national TV station that a low number of seismometer measuring devices in the area is making it more difficult to...
  • Iceland did not bail out the banks or the bank investors and its economy is thriving

    02/04/2011 9:12:22 AM PST · by SeekAndFind · 30 replies · 1+ views
    Newsvine ^ | 02/01/2011
    On his second day as head of Iceland's third-largest bank, Arni Tomasson faced a crisis: The bank was out of cash. "Everybody was panicked -- depositors, creditors, banks around the world." Unlike other nations, including the U.S. and Ireland, which injected billions of dollars of capital into their financial institutions to keep them afloat, Iceland placed its biggest lenders in receivership. It chose not to protect creditors of the country's banks, whose assets had ballooned to $209 billion, 11 times gross domestic product.With the economy projected to grow 3 percent this year, Iceland's decision to let the banks fail is...
  • Julian Assange wined and dined at US Embassy

    12/13/2010 6:26:23 AM PST · by FS11 · 24 replies
    The Telegraph ^ | 12-13-10 | Andrew Gilligan
    To the United States, Julian Assange may now be Public Enemy Number One. Some American politicians have even called for his execution. But less than a year ago, the founder of WikiLeaks was officially entertained at a US Embassy cocktail party by one of the very diplomats whose secrets he would soon spill to the world. Mr Assange's site had already published dozens of leaks embarrassing to the US, including secret Guantanamo Bay detainee handling manuals and the full emails of Sarah Palin, the 2008 Republican vice-presidential candidate. The US State Department condemned the manuals' publication as "a criminal act."
  • Iceland exits recession

    12/08/2010 8:03:14 PM PST · by FromLori · 9 replies
    The Guardian ^ | 12/8/2010 | Phillip Inman
    Decision to force bondholders to pay for banking system's collapse appears to pay off as economy grows 1.2% in third quarter celand's decision two years ago to force bondholders to pay for the banking system's collapse appeared to pay off after official figures showed the country exited recession in the third quarter. The Icelandic economy, which contracted for seven consecutive quarters until the summer, grew by 1.2% in the three months to the end of September. Iceland famously agreed in a referendum to reject a scheme to repay most of its debts that were once worth 11 times its total...
  • Iceland offers risky temptation for Ireland as recession ends

    12/08/2010 12:41:07 AM PST · by bruinbirdman · 8 replies
    The Telegraph ^ | 12/8/2010 | Ambrose Evans-Pritchard
    Iceland has finally emerged from deep recession after allowing its currency to plunge and washing its hands of private bank debt, prompting an intense the debate over whether Ireland might suffer less damage if adopted the same strategy. Winter Festival in Reykjavik, Iceland The Nordic economy grew at 1.2pc in the third quarter and looks poised to rebound next year. It ends a gruelling slump caused largely by the "New Viking" antics of Landsbanki, Glitnir and Kaupthing, the trio of lenders that brought down Iceland's financial system in September 2008. The economies of the two "over-banked" countries have both contracted...
  • American Electric Cars Head To Iceland

    12/02/2010 3:50:27 AM PST · by VU4G10 · 15 replies ^ | December 1st, 2010 | Pete Danko,
    Iceland, after making a big push toward hydrogen-powered cars just a few years ago, is now turning its focus to electric vehicles (EVs), and an Ohio company is a big beneficiary of the shift. AMP Holdings, based in suburban Cincinnati, has announced a five-year deal to sell 1,000 of its SUV electric conversions to Northern Lights Energy (NLE) of Reykjavik. As AMP CEO Steve Burns explained in a press release, Iceland, with its vast geothermal resources, is perfect for EVs. “Everything is present — a low cost of electricity coupled with the high cost of gasoline, the inherent short commutes...
  • Iceland elects ordinary folk to draft constitution (in wake of financial meltdown)

    11/26/2010 4:58:14 AM PST · by markomalley · 44 replies · 1+ views
    WTOP ^ | 11/26/2010 | ALDA SIGMUNDSDOTTIR
    Iceland's getting a new constitution _ and it's really going to be the voice of the people. The sparsely-populated volcanic island is holding an unusual election Saturday to select ordinary citizens to cobble together a new charter, an exercise in direct democracy born out of the outrage and soul-searching that followed the nation's economic meltdown. Hundreds of people are vying for the chance to be among up to 31 people who will form the Constitutional Assembly slated to convene early next year _ a source of huge pride for Icelanders who have seen their egos take a beating in recent...
  • United plane makes emergency landing in Iceland.

    11/12/2010 10:49:28 AM PST · by Beaten Valve · 19 replies
    AP via SkyNews ^ | November 12, 2010 | AP
    Headline Only: United plane makes emergency landing in Iceland.
  • Man Loses $20 Million After Taking Laptop for Repair

    11/10/2010 9:03:46 PM PST · by iowamark · 27 replies
    PC World ^ | Nov 10, 2010 | John E Dunn
    A New York couple have been charged with defrauding a wealthy musician to the tune of $20 million (£12.3 million) after he innocently visited their computer servicing company to have a virus removed from his laptop. The hard-to-believe story started started in 2004 when moneyed pianist Roger Davidson asked Mount Kisco computer store owners Vickram Bedi, 36, and his Icelandic girlfriend Helga Invarsdottir, 39, to rid his computer of a virus. On learning of Davidson's wealth, the pair are alleged to have concocted an elaborate social engineering scam that defrauded him of somewhere between the $6 million the police have...
  • Why won't American, German, Japanese, British and French economy grow by 5% this year?

    10/28/2010 10:59:56 AM PDT · by WesternCulture · 38 replies
    10/28/2010 | WesternCulture
    I'm Swedish and I admit my nation has made a lot of mistakes throughout the centuries. But, in resemblence to the other Nordic nations (Scandinavia + Finland), we know how to run an economy. From people who live in other parts of the World pretending to understand macro economics I often hear remarks like "Norway is rich because of oil" and "Sweden is a small country with a homogenous population that therefore is easily governed". A nation like Libya too houses a homogenous population and has even more oil and gas reserves than Norway, but can't exactly compete with Scandinavia...
  • New Study: Low Climate Change Risk in Iceland

    10/22/2010 6:49:37 AM PDT · by Oldeconomybuyer · 7 replies
    Iceland ^ | October 22, 2010 | Páll Stefánsson
    Iceland is among five nations which are considered to be at the lowest risk of suffering consequences of climate change due to global warming, according to a new report by the British consulting company Maplecroft. Mapecroft believes in fact that the Nordic countries will benefit from global warming, especially in regard to grain farming as a warmer climate creates a longer cultivating season in these countries. The report took factors such as draught, flooding, landslides, poverty, number of inhabitants and ability to adapt to new circumstances into account in its ranking.