Articles by Iceland

  • Iceland agrees to repay loans to UK, Holland related to Icesave collapse

    December 09 2010 5:16 PM

    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.

  • WikiLeaks
    After PayPal, MasterCard Dumps Wikileaks

    December 07 2010 11:34 AM

    After Paypal and Swiss authorities closed the accounts of Wikileaks, it's Mastercard's turn to refuse any financial support to Wikileaks' money transfers.

  • Large euro sign installation is seen in front of the European Central bank headquarters in Frankfurt
    'Euro can be saved if PIGS bow out'

    December 06 2010 11:39 AM

    The crisis-hit peripheral countries have more of a 'solvency problem' than a liquidity problem and their public finances cannot be brought to order without leading to a deep and prolonged recession, as long as they are part of the eurozone, analysts have said.

  • Woman with an umbrella walk past the logo of TUI AG outside the company's headquarters
    TUI Travel posts full-year loss on weak UK trading

    December 02 2010 7:56 AM

    Europe's biggest tour operator TUI Travel reported a full-year pretax loss, blaming weaker trading in the UK, mainly due to increased winter losses resulting from capacity-led volume reductions. However, underlying pretax profit rose 4 percent on good turnaround progress.

  • Eurogroup Chairman Juncker, Belgium's Finance Minister Reynders and EU Commissioner Rehn address a news conference at the end of a EU finance ministers meeting in Brussels
    Analysis: Break-up of eurozone needn’t be a difficult process

    December 01 2010 12:14 PM

    The force of political will binding together a seemingly crumbling euro zone is still strong, but the imperatives of domestic economic realignments could force members to an exit option, analysts have said; and the road out of the bloc doesn’t exactly look daunting.

  • How Wikileaks uses technology to protect anonymity of whistle-blowers

    November 29 2010 4:36 PM

    The technology used by Wikileaks to maintain anonymity could be the Onion Router which is also used by U.S. Navy.

  • Lake Spitzingsee, Germany
    EU’s nod to visa-free travel expected to attract Taiwan tourists to Europe

    November 27 2010 10:06 AM

    The European Union (EU) has lifted visa requirements for tourists from Taiwan under the EU visa-waiver program, and the move is expected to increase the number of arrivals from Taiwan by at least 30 percent.

  • A humpback whale's tail comes out of the water during a ride on the Les Ecumeurs boat on the St. Lawrence river at Les Escoumins, Quebec, August 13, 2009.
    U.S. condemns Iceland's whaling ways

    November 24 2010 9:31 PM

    Iceland’s decision to resume international trade in whale meat with Japan brought a sternly worded response from U.S. Commerce Secretary Gary Locke.

  • Astronomy tourism: world’s best places for star gazing

    November 11 2010 2:39 PM

    From the clear skies of Canary Islands in Atlantic Ocean to the Northern lights that marvel in the skies on North Pole, here is a list of best places for enjoying astronomy tourism in the world. Read on and the next time you are planning a vacation, these places are sure to top your list of destinations.