REYKJAVIK, Iceland -- The government of Iceland took extraordinary measures on Tuesday to stave off ''national bankruptcy,'' as the credit crisis tightened its grip on this remote island nation in the ...
REYKJAVIK, Iceland -- The Lehman Brothers bankruptcy threw the United States into an epoch-defining financial storm. Imagine 300 of them going bust at once. That, in relative terms, is what Iceland ...
The Icelandic government, fighting hard to prevent a collapse of its financial system, took control of the country’s second biggest bank, Landsbanki, on Tuesday (7 October) and has had to run to ...
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