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Concession by Iceland Clears Path for I.M.F. Aid

Nov. 16, 2008
Iceland said that it had agreed to cover European depositors at failed banks, breaking an impasse that had held up the dispersal of billions of dollars in international aid.
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Iceland secures $2.1 billion IMF loan

REYKJAVIK, Iceland, Nov. 20 (UPI) -- The International Monetary Fund has agreed to loan Iceland $2.1 billion, bringing Iceland's borrowing total to more than $5 billion, the government said.

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REYKJAVIK, Iceland, Nov. 8 (UPI) -- Iceland's economic woes keep getting worse, observers say, noting the country's banks have failed and its currency has plummeted in the last month.

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LONDON, Nov. 6 (UPI) -- The British Treasury will cover $1.57 billion in losses suffered by British citizens with accounts at a failed Icelandic bank, Alistair Darling said Thursday.

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Nordic neighbors vow to help Iceland

HELSINKI, Finland, Oct. 28 (UPI) -- Nordic prime ministers, after meeting in Helsinki, Finland, vowed to assist Iceland recover from its financial crisis.

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Bjork to headline green concert in Iceland

Bjork to headline green concert in Iceland

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Scandinavia moves to support Iceland krona

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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch