Monday, as Iceland's Parliament resigned and US President Barack Obama stated that the financial crisis would get "dramatically worse," several companies announced layoffs that could total at least 70,000 jobs...
created by Tina Kells | 46 wks ago | updated 45 wks ago 1736 views | 8 recommendations | 3 comments
.This may not help the crisisbut something had to bedone soon."Icelandic Prime Minister Geir Haarde, rattled by the financial crisis and widespread anti-government protests, called early national elections for May...
CRISIS hit Iceland have asked the International Monetary Fund (IMF) for a $2bn loan. Prime Minister Geir Haarde is quoted as saying to Finnish newspaper, HELSINGIN SANOMAT, "It's hard to give an...
created by Christina 123 | 1 year ago | updated 1 year ago 63 views | 0 recommendations | 4 comments
THE Kaupthing, Iceland's largest bank, yesterday injected by a massive bail-out by the Icelandic government spearheaded by Geir Haarde was today forced by the British regulatory authorities to have the Kaupthing...
created by Christina 123 | 1 year ago | updated 1 year ago 1289 views | 2 recommendations | 2 comments