Tag Archives: Iceland

An Independent Scotland Could Be Another Iceland Banking Collapse

One reason why the British government and the City of London do not want an independent Scotland, is that the greatly oversized Scottish banking system could lead to a banking crisis worse than Iceland’s, according to the Daily Telegraph. Standard … Continue reading

Posted in Banking System, Glass Steagall | Tagged , , , , , , , , , | Leave a comment

The Fight for Glass-Steagall in Europe

It has been clear to both advocates and opponents of Glass-Steagall, that, once the United States returned to this principle, Western Europe would be soon to follow. Indeed, the political drumbeat for what could be called a “Global Glass-Steagall” has … Continue reading

Posted in Glass Steagall | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Icelandic Bank Executives Sentenced To Jail

Four former big names involved with the Icelandic failed bank Kaupthing were sentenced to prison by a Reykjavík court on Friday for their involvement in market abuses related to a stake taken in the bank by Qatari Sheikh Mohammed Bin … Continue reading

Posted in Banking System | Tagged , , , , , | Leave a comment

WILL SPAIN AND ARGENTINA ALLY AGAINST THE BRITISH MONARCHY?

11 Aug.(LPAC)–Spanish Foreign Minister Jose Manuel Garcia-Margallo will visit Argentina next month and will raise the possibility of a diplomatic alliance with that country against the British on Gibraltar and the Malvinas, the Spanish daily {El Pais} reports. Britain has … Continue reading

Posted in Austerity & Bank Bailouts, Economy, Ireland | Tagged , , , , , , , , , , , | 2 Comments

Spanish – British Dispute Over Gibraltar: Question and Answer

LaRouche Irish Brigade editor Gene Douglas  asks the Military Affairs Correspondent for Executive Intelligence Review, Carl Osgood, what is really going on in Gibraltar. Gene Douglas’ question : Carl, There’s been a lot of coverage about Spain standing up to … Continue reading

Posted in Stopping WW III | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

Iceland Indefinitely Suspends EU Accession Talks

26 May (EIRNS) The new Icelandic government, led by the Progressives and the Independence Parties, have signed a coalition agreement that includes the suspension of talks indefinitely for accession to the European Union. In fact, for talks to restart, a … Continue reading

Posted in Economy | Tagged , , , , , , , | Leave a comment

“The Body Economic:Why Austerity Kills”

14 May (LPAC) The New York Times today published an op-ed by two researchers from Oxford University and Stanford University who have published a book, due out May 21, documenting that the austerity policies of the IMF and the Troika … Continue reading

Posted in Economy, Glass Steagall | Tagged , , , , , , , , , , , , | Leave a comment

New “Eurosceptic” Government Forming In Iceland

PARLIAMENTARY ELECTIONS BRING NEW GOVERNMENT TO ICELAND April 28 (LPAC)–In what is being described as the biggest swing election in Iceland, voters today ousted the Social Democrats and Left-Green Alliance that has ruled the country since 2009, granting a victory … Continue reading

Posted in Austerity & Bank Bailouts, Economy | Tagged , , , , , , , , | Leave a comment

The Icelandic Exception

Michelle Rasmussen: The Icelandic Exception LPAC editor, Limari Bedford, interviews Michelle Rasmussen, EIR correspondent for Copenhagen and Vice President of the Danish Schiller Institute on the exceptional case of Iceland in response to the transatlantic financial crisis, and the political … Continue reading

Posted in Austerity & Bank Bailouts, Economy | Tagged , , , , , | Leave a comment

2nd Cyprus Deal: Bank Robbery with a Geopolitical Fuse

25 Mar (EIRNS) The second deal on Cyprus reached on March 24 is another bank robbery covered with a fig leaf: it does not repair the damage done by the first deal, which is irreparable, puts de facto Cyprus out … Continue reading

Posted in Austerity & Bank Bailouts, Economy | Tagged , , , , , , , , , | Leave a comment