Iceland: Geyser crisis unfolding |
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The past 24 hours have been extremely hectic in terms of news out of Iceland, and the Icelandic krona has been swinging wildly in an extremely thin market. This is the news so far: • Yesterday, the Icelandic prime minister, Geir Haarde, addressed the nation. In his speech, Mr Haarde said that Iceland was facing very serious economic and financial challenges and that the Icelandic government would put forward a plan to parliament to stabilise the situation. However, the Icelandic government has
Filed under: Fundamental
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