Jan 26 Following Financial Meltdown, Iceland’s Government Collapses By PBS News Hour Iceland's coalition government collapsed Monday under the pressure of the country's financial meltdown, the first government to fall as a direct result of the worldwide economic crisis. Continue reading
Oct 22 Watch Global Recession Fears Send Markets Tumbling Stock markets fell Wednesday on news of weak corporate earnings and continued fears of a global recession. Economic analysts and reporters discuss the market's fall and the worldwide impact of the financial crisis. Continue watching
Oct 17 Economic Crisis Bruises Iceland’s National Pride By Jonas Moody The impact of the global economic crisis has been particularly evident in Iceland with the nation itself left on the verge of bankruptcy. To minimize losses of investments in Icelandic banks, the British government took action to freeze assets of… Continue reading