Nordics to give Iceland a 2.5-billion-dollar loan
Submitted by William Kaelin on Thu, 11/20/2008 - 08:43.Stockholm/Helsinki - Nordic neighbours of cash-strapped Iceland said Thursday they have approved a 2.5-billion-dollar loan, supplementing a similar loan from the International Monetary Fund (IMF).
Norway prepares to extend loan to cash-strapped Iceland
Submitted by William Kaelin on Mon, 11/03/2008 - 19:12.Norway on Monday said it was prepared to consider extending a loan to cash-strapped Iceland, provided the International Monetary Fund (IMF) approves a
Premier: Iceland seeking to float currency when possible
Submitted by William Kaelin on Thu, 10/30/2008 - 22:07.
Cash-strapped Iceland was set to allow its currency to float as soon as the country secures new loans, Prime Minister Geir Haarde said Thursday in parliament.
Haarde further said the cost of the collapse of the North Atlantic nation's banks may total the equivalent of some 9.4 billion dollars or "85 per cent of GDP" last year.
Iceland hopes for support from Nordic neighbours
Submitted by William Kaelin on Mon, 10/27/2008 - 21:38.Economic output in Iceland was estimated to drop some 10 per cent next year, the prime minister of Iceland said Monday.
"We are going to get through this crisis and move on," Prime Minister Geir Haarde told reporters before a meeting of Nordic prime ministers in Finland.
Iceland clinches deal with IMF
Submitted by William Kaelin on Fri, 10/24/2008 - 22:46.The government of Iceland said Friday it has reached an agreement with a visiting team from the International Monetary Fund (IMF) for a 2-billion-dollar economic rescue plan.
Norway and Britain in loan talks with Iceland
Submitted by Marina Dimova on Wed, 10/22/2008 - 09:43.Norway and Britain were Wednesday reported to be considering loans and other assistance to financially-troubled Iceland.
The economy of the North Atlantic nation of some 300,000 people has come under severe strain amid the global credit crunch.
Iceland closer to deal with IMF on loan
Submitted by Marina Dimova on Mon, 10/20/2008 - 15:09.
Iceland was reported Monday to be inching closer to secure support for a rescue package from the International Monetary Fund (IMF) and several central banks.
Iceland to continue talks with Russia over loan
Submitted by Marina Dimova on Thu, 10/16/2008 - 09:12.
Iceland was set to continue talks with Russia over a loan to ease its financial situation, the Icelandic central bank said in a statement Thursday.
Shares fell 2.1 per cent Friday on the Seoul stock exchange on general recession fears. South Korea's won dropped against the dollar.
When the Spirit rover landed on Mars five years ago, no one expected it or its sister rover Opportunity to make it to their first birthdays, let alone their fifth.
Amelie Mauresmo fell victim to a leg injury after less than half an hour on court Friday to hand over a 4-0 victory which put French compatriot Marion Bartoli into the final of the Brisbane International.
Mumbai-based movie Slumdog Millionaire won five prizes Thursday night at the Critics Choice Awards, cementing its position as a surprise favourite just as the Oscar season moves into high gear.
After the Taipei Zoo received two giant pandas from China, another Taiwan zoo said Friday it is seeking to receive a pair of pandas from China.