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Latest Iceland Economy News

  • Broadband: other countries do it better, but how? 12 May 2008 01:15 GMT
    ... areas are beating us in broadband. Norway, Iceland, and Sweden, for instance, all have a ... us have a smaller Gross Domestic Product (GDP) per capita than the US; in fact, ... mix as the US but a smaller economy per capita, and it is near the ...

  • Credit crunch impact on travel sector to be revealed 11 May 2008 12:50 GMT
    ... did cheaper chains such as Aldi and Iceland. The news suggested that Sainsbury's may be ... year. In January, passengers were hit with above-inflation fare rises across the network, although FGW's poor ...

  • Countries must abandon inflation targeting' 11 May 2008 10:48 GMT
    ... The answer came in the form of ‘inflation targeting’, which says that whenever price growth ... Zealand, Canada, the United Kingdom, Sweden, Australia, Iceland, and Norway.) Today, inflation targeting is being ... Indeed, given the size of the US economy, a slowdown there might conceivably have a ...

  • Iceland likely facing another rate hike 10 May 2008 16:27 GMT
    ... in the midst of a macroeconomic meltdown. Icelanders are as their currency, the krona, plunges. ... credit analyst at Standard & Poor's. "If inflation goes higher, the central bank can only raise ...

  • currency crisis 10 May 2008 16:16 GMT
    ... DrewHasselback Pity David Oddsson, the head of Iceland's central bank. Inflation is currently , well beyond the bank's ... will contribute to a contraction of the economy. Persistent inflation will be most damaging to ...


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