The Mudcat Café TM
Thread #114937   Message #2459086
Posted By: freda underhill
07-Oct-08 - 06:23 AM
Thread Name: BS: So it has come to this - Iceland
Subject: RE: BS: So it has come to this - Iceland
Iceland has hit the news in Australia, Skarpi, and the view from down here confirms at your country is in a particularly difficult position. The Sydney Morning Herald said today that Russia will grant Iceland's central bank a loan of four billion euros (5.4 billion US dollars), and that the Icelandic Financial Supervisory Authority will take control of the country's second largest bank, Landsbanki. being a small country you are especially vulnerable,