Iceland Economy

Iceland's Government Collapses Over Economic Crisis

The Independent | Sophie Morris in Reykjavik | Posted 02.27.2009 | World


Just a few short years ago, Iceland had much to be proud of. The good times were rolling so fast that one expected the country's almost round-the-cloc...

What's Next for Iceland: Ensuring a Fair Election in May

Iris Erlingsdottir | Posted 02.23.2009 | World


Iris Erlingsdottir

Our only hope now is a peaceful transition from a corrupt plutocracy to the responsible liberal democracy we had fooled ourselves into believing we already had.

The Icelandic "Facebook Revolution"

Sigtryggur Magnason | Posted 02.22.2009 | World


Sigtryggur Magnason

Icelanders don't have the culture of crowds. There are no subways, no train stations, so Facebook has made a great social impact and has played a vital role in the days since the economic crash.

Iceland Is Burning -- Day 2

Iris Erlingsdottir | Posted 02.21.2009 | World


Iris Erlingsdottir

The extensive protests that shook Iceland Tuesday have continued into Wednesday and are beginning to have an effect on one of the two political parties making up Iceland's coalition government.

Iceland Is Burning

Iris Erlingsdottir | Posted 02.20.2009 | World


Iris Erlingsdottir

While Americans were watching Obama's inauguration, thousands of Iceland's citizens were fighting riot police around the Icelandic parliament building Althingi to try to prevent the world's oldest parliament from meeting.

"'Crime Once Exposed Has no Refuge but in Audacity." -Tacitus

Iris Erlingsdottir | Posted 02.19.2009 | World


Iris Erlingsdottir

Although there has been much energy expended imagining the conspiracies that led to Iceland's rapid rise and fall, the architects of this catastrophe were just ordinary people acting in their best interests.

Iceland suspends stock trading, creates new bank

AP | JANE WARDELL | Posted 11.09.2008 | Business


REYKJAVIK, Iceland — Iceland suspended trading on its stock exchange for two days and took control of the country's largest bank _ the third to ...