The image above is from this week’s Economist and shows one of the demonstrations that take place every Saturday in Iceland’s main square. The paper published a briefing about the country’s situation and it’s one of the most level headed I’ve read.
The Sunday Times’s AA Gill also covered the situation and as usual, he’s on good form:
Icelanders react to bad news the way they always have. It’s the same way they react to good news: they get hammered. Properly Valhallaed. The bars and clubs are full, the booze is expensive, and they toast each other with a grim irony.
A fresh scandal broke yesterday when it was revealed that an unknown party had pressured a local newspaper to silence one of its journalists who was writing a story about how the former CEO of Landsbanki, Sigurjón Þ. Árnason, still seems to be on the bank’s payroll.
There’s not much of a tradition for resigning over such issues (or any issues for that matter) in Iceland, so the editors are still hanging on to their job. For now.
