Underreported: Trying to Thaw Iceland's Economy

Thursday, July 30, 2009

Iceland's economy came to a screeching halt in the fall of 2008 when its banking sector collapsed. On today’s first Underreported, we look at how the International Monetary Fund is trying to jump start the economy by refinancing the national debt. Landon Thomas, Jr., a financial correspondent for the New York Times, describes the political debate that’s emerged on how to pay off the country's creditors.


Landon Thomas, Jr.,
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Comments [1]

Caitlin from Jersey City

Didn't Russia basically buy out the whole country? Also, what happened with just about everyone in the government resigning?

Jul. 30 2009 01:28 PM

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