- EU / CROATIA : Zagreb Now Set To Become EU Member #28...In 2013.
- COSTA RICA: Currency Intervention Predicted As Colon Surges Vs USD.
- PHILIPPINES /USA : Stranded US Naval Warship Finally Dismantled.
- ITALY: 12 Dec UPDATE: Is Silvio's 'Friend'...Key Sex Trial Witness Ruby The Heart Stealer...On The Run? Ruby Finally Surfaces...In Mexico!
- PERU: Sand Fly Bite...Morphs Into Horror Story For American.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- MUSIC FOR MONDAY: From SWEDEN / AZERBAIJAN : Eurovision Winner Loreen Sings "Euphoria."
- GUATEMALA : Court Throws Out Rios Montt Genocide Conviction; Trial Restart Ordered.
- VENEZUELA :6 March UPDATE: Shooting At Caracas Opposition Rally Wounds Capriles Supporter.
24 February 2013
ICELAND / AUSTERITY / CURRENCIES: ReykJavik...Finds The Road To Recovery...Slippery.
Iceland went thru real economic Hell...after its 2008 bank and currency crash.
So...a fast recovery for the small economy was predicted by many.
Though it is growing at 2%...faster than most EU nations...inflation is high...and it's currency and capital controls...have become straight jackets.
One politician compares its currency...the krona/crown...down 17% since August...to the Disneyland dollar.
Icelanders now complain bitterly about economic stagnation.
Many voters are tired of austerity...and may replace the austerity minded ruling conservatives...with leftists...or even extreme rightists...in April.