Iceland again rejects debt deal
Iceland faces more economic uncertainty and a drawn-out European court case after its voters rejected for a second time a plan to repay $5 billion to Britain and the Netherlands from a bank crash.
Icelanders again reject Icesave debt deal
Icelanders rejected for a second time a plan to repay $5 billion to Britain and the Netherlands from a bank crash, results showed on Sunday, and Iceland's prime minister warned of economic and political chaos.
No vote ahead in Iceland debt deal referendum
Voters in Iceland rejected a second plan to repay debts to Britain and the Netherlands from a bank crash, partial referendum results showed Sunday, and the prime minister said economic and political chaos could follow.
Column: Japan, supply chains and Adam Smith
Should the spreading economic aftermath of the earthquake in Japan cause us to unravel global supply chains that seem suddenly all too vulnerable to shortages and shutdowns? Adam Smith would say No. The philosophical founding father of globalization would urge us, not to undo our worldwide lines of supply for component parts and raw materials, but to improve them.
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NASA Study Shows Ice Sheets Melting Faster
Data from NASA satellites shows both the Greenland and Antarctic ice sheets are melting faster, and making them a bigger contributor to sea level rise.
Iceland to hold Icesave referendum on April 9
Icelanders will vote on April 9 on a plan to repay around $5 billion to Britain and the Netherlands to cover debts from the financial crisis, with popular backing key to keeping an economic recovery on track.
Iceland president demands referendum on new Icesave repayment deal
The president of Iceland has called for a referendum on a proposal to repay 4-billion euros to citizens of Britain and the Netherlands in connection with the collapse of the Icesave bank.
Facebook supports Gay couples with 'civil union' status
In support of gay and lesbian couples across the globe, Facebook has added extra options to 'relationship statuses: 'In a Civil Union' and 'In a Domestic Partnership'.
Iceland Express offers $299 long-haul flight to Europe in the summer of 2011
The offer price for tickets are valid for various European destinations, including London, Edinburgh, Belfast, Copenhagen, Billund, Aalborg, Gothenburg, Stockholm, Oslo, Paris, Berlin, Frankfurt and Warsaw.
Iceland central bank cuts rates, indicates may be end of cycle
Simon JohnsonIceland's central bank signaled on Wednesday that interest rates may have bottomed out as it cut borrowing costs by 25 basis points to support a slow recovery from a brutal downturn.
Five new genes linked to Parkinson’s
A new research has confirmed five new genes involved in Parkinson’s Disease (PD), bringing the total to eleven, showing that genetic factors play a greater role in the disease than previously believed.
U.S. students lag in science, tests say
In his State of the Union address last night, President Obama devoted several lines to the slumping stature of U.S. education, by our own standards and globally.
Iceland requested $1-billion bailout from US: WikiLeaks
During the dark days of 2008 as its banking system and economy was collapsing, the cash-strapped government of Iceland asked the United States for a $1-billion loan, according to a WikiLeaks document.
Former bank executives arrested in Iceland
Two former executives of Iceland's failed Landsbanki bank have been arrested on charges of market manipulation.
WikiLeaks activists may seek to quash demand for docs
Two prominent WikiLeaks supporters in the Netherlands and Iceland are consulting U.S. lawyers about ways to stop the Justice Department getting their Twitter records in a probe into the leak of secret documents.
Iceland protests to U.S. over Twitter data demand
Iceland called in the U.S. ambassador in Reykjavik on Monday to register its displeasure at a U.S. court's demand for details of an Icelandic lawmaker's Twitter account, the State Department said.
U.S. airlines could lose $130-$190-mln revenue per day due to blizzard
Basili Alukos, an equity analyst at Morningstar, estimates that U.S. airlines may lose between $130-million and $190-million of revenues per day due to the winter blizzard.
Experts: Blame La Niña For Northeast Blizzard
The snowstorm in the Northeastern U.S. that dropped several inches of snow was the result of a combination of an unusually cool Pacific Ocean and smaller than normal pressure differences between the North and South Atlantic.
Stocks, oil rise in festive cheer
World stocks held near the previous day's two-year high on Friday while oil hit fresh two-year peaks after strong U.S. data this week encouraged investors to maintain their risk positions into 2011.
Global stocks and oil rise in festive cheer
World stocks held near the previous day's two-year high on Friday while oil hit fresh two-year peaks after strong U.S. data this week encouraged investors to maintain their risk positions into 2011.
Barcelona voted the best New Year ‘party capital’
Barcelona is the best place to party for New Year with best parties in the world, Skyscanner, a leading travel search site has revealed. The Spanish city tops the site’s list of most popular places for partying on New Year, followed by Edinburgh and Iceland.
Spain, Greece, Ireland were big tax cutters from '07 to '09
While peripheral European countries are forced by the bond market to raise taxes and cut spending in 2010, they were some of the steepest tax cutter among OECD members from 2007 to 2009.
Possible Ice Volcanoes Spotted On Moon Of Saturn
Scientists have found possible ice volcanoes on Saturn's moon Titan similar to those on Earth that spew molten rock.
Supreme Court to decide generic drug labeling issue
The Supreme Court said on Friday that it would decide whether generic drug companies could be sued under state law over allegations they failed to provide adequate label warnings about potential side effects.
Aviation over volcanic regions to become easier
In a development that comes as a huge relief to travellers passing through regions of volcanic activity, researchers have found a new way of tracking volcanic ash cloud ahead.
Iceland agrees to repay loans to UK, Holland related to Icesave collapse
Iceland has entered into an agreement to repay losses incurred by the U.K. and Netherlands governments in connection with the collapse of the Icesave bank in 2008, according to the Dutch government.
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