Former Icelandic Prime Minister Geir Haarde was convicted Monday of negligence related to the collapse of his nation's banking system, but he was cleared of three other charges and will face no punishment, a court official said.
How's this for a space oddity? Forty years have passed since the historic Apollo moon landing, and yet the prospect of space tourism remains as distant as ever. Just as well, then, that getting that out-of-this-world feeling without leaving the planet is easier to do than a Vulcan salute.
There's nothing like soaking in the hot springs while soaking in the culture of a place that loves its bathing. If you're traveling first class, why not head to Japan or Iceland to enjoy a country whose people celebrate the waters and can pinpoint their various healing properties?
A cloud of ash from Iceland's Grimsvotn volcano spread toward central Europe late Tuesday, spurring German authorities to announce two airports will close and prompting British airlines to cancel hundreds of flights.
One endless June afternoon a decade ago, I drove along southern Iceland's Highway One, past the weak spot in the planetary crust whose rupture recently brought air traffic in Europe to an ashen standstill.
Iceland will close two airports on Friday for the first time, a week after ash from an Icelandic volcano forced the shutdown of airspace over much of Europe and stranded thousands of passengers around the world, the Icelandic aviation authority announced Thursday.
There's a silver lining to every cloud, even the one made up of volcanic ash. While air carriers are licking their wounds from losing an estimated $200 million a day due to the eruption of the Eyjafjallajokull volcano in Iceland, many other firms are smacking their chops at the opportunity to attract new customers. So who got rolling as the planes stayed on the ground?
The recent volcanic eruption in Iceland is stranding hundreds of thousands of air travelers at Heathrow Airport in the UK and other airports across northern Europe, due to its voluminous clouds of volcanic ash that can clog airplane engines and limit visibility.
A few dozen test flights Sunday offered hope that the skies over much of Europe may be safe for air travel, but officials made no promises that the massive disruptions due to volcanic ash are about to go away.
The ash from the volcanic eruption in Iceland this week is paralyzing air travel because it is too dangerous for aircraft to fly through it. Those on the ground may be concerned about health effects when the ash falls to Earth, but experts say there is little to worry about.
Financial crisis-stricken Iceland formally applied for European Union membership on Friday, a day after lawmakers narrowly backed a government plan to take the island nation into the economic and political bloc.
Iceland's ruling coalition resigned Monday, three months after the collapse of the country's currency, stock market and several major banks, and following months of public protests, Kristjan Kristjansson, a spokesman for the prime minister told CNN.
The future of Iceland's elected government was in question Sunday after another weekend of street protests and the resignation of the government's commerce minister -- both responses to the country's financial mess.
On a gloomy morning in early August, more than a month before Wall Street and the world's financial system seized up, a senior aide to Iceland's Prime Minister paid a visit to the Russian embassy in Reykjavík to make a controversial request: Bail us out.