Word: reykjavik
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...home earlier in the afternoon, sending a wide crack up the wall of his kitchen, where broken plates, beer cans, and paper lie in a chaotic heap on the floor. As his neighbors cram mattresses and suitcases into cars as they head for the homes of relatives in nearby Reykjavik, Gesson can't say where he plans to go. "I don't know," he says, frustrated, and retreats back inside to survey the damage...
...Haarde who travels the world calming investors' nerves - the hysteria appears overblown. "What you'd expect to see out of these windows is fire," says Finnur Oddsson, managing director of the Iceland Chamber of Commerce. Instead, he peers out at a $138 million construction project at the University of Reykjavik. Iceland, he points out, has been in this situation before. In early 2006, credit agencies criticized Icelandic banks for their lack of transparency and reliance on international capital markets. Analysts' opprobrium drove the krona down by 25% against the dollar over six months. Yet Iceland never defaulted on a single...
...profit by "hook or crook" from wagers that the currency or stocks would tumble. In April, Iceland's Financial Supervisory Authority launched an investigation into an unconfirmed story that back in January, hedge-fund managers had hatched a plan to bet against the currency over drinks at a posh Reykjavik...
...healthy-living message is clear - but not too heavy-handed. "A boy watching LazyTown will think it's an action show," says Scheving, "while a girl might think it's a dance program." Fans also love the show's vivid visuals. Shot in Gardabaer, a suburb of Reykjavik, LazyTown blends live action, puppetry and cutting-edge CGI backgrounds. Each 25-minute episode costs $800,000 - four times the average budget of a kids' show. It's a price worth paying. "By 2015, there will be more than 700 million obese people worldwide," says Scheving. "It's vital to motivate families...
ALTI MÁR SIGUROSSON, REYKJAVIK...