Tag Archives: Iceland

Iceland’s entry has “gay club anthem” written all over it.

The world’s first openly gay leader takes power in Iceland today. Johanna Sigurdardottir, 66, is to become interim leader until new elections are held in May following the fall of the administration of Geir Haarde amid huge public protests about the country’s economic crisis. The country’s social affairs minister, Ms Sigurdardottir has been installed as head of an interim centre-left …

Icelandic pol Jóhanna Sigurdardóttir is poised to become the world’s first openly gay prime minister. The current Minister for Social Affairs, Jóhanna Sigurdardóttir of the Social Democrats, said she is prepared to assume the position of prime minister as long as she senses that her position is backed by sufficient trust. Foreign Minister and chairwoman of the Social Democrats Ingibjörg …

The stock market plummeted again today and now Iceland is essentially bankrupt. People go bankrupt all the time. Companies do, too. But countries? Iceland was on the verge of doing exactly that on Thursday as the government shut down the stock market and seized control of its last major independent bank. That brought trading in the country’s currency to a …