Thursday, 17 October 2019

Tag Archives: Iceland

Iceland Cuts Rates Again In Race To Beat Recession

REYKJAVIK: Iceland’s central bank lowered its key interest rate for the third time this year as it battles with recession after a decade of solid growth. The bank cut its benchmark seven-day deposit rate by 0.25 points to 3.5 percent. It had already slashed the rate in May, and then ...

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Iceland commemorates first glacier lost to climate change

REYKJAVIK: Iceland on Sunday honoured the passing of Okjokull, its first glacier lost to climate change, as scientists warn that some 400 others on the subarctic island risk the same fate. As the world recently marked the warmest July ever on record, a bronze plaque was mounted on a bare ...

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ASDA to limit purchases of fizzy drinks

LONDON: Supermarket giant Asda has rationed sales of fizzy drinks, after panic-stricken shoppers started bulk buying over fears of a CO2 shortage hitting supplies. Online sales of certain soft-drinks like Pepsi, Fanta and 7Up have been restricted on the shop’s site. Crumpets, Coca cola, meat and beer have already been ...

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FIFA World Cup group qualifying scenarios for knockout rounds

MOSCOW: With the second round of World Cup group games completed on Sunday, qualification for the knockout rounds is now clearer. The top two teams in each group go into the last 16. In the case of teams finishing level on points, FIFA has put in place seven tie-breakers starting ...

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No joke! Comics fly in to give Iceland surprise boost

GELENDZHIK: Iceland’s footballers have received a surprise morale-boosting visit in Russia by a quartet of comedians from back home, an official from the Nordic team’s camp told AFP Tuesday. The funnymen made their flying visit to the team’s Black Sea coast training base near Gelendzhik for an impromptu performance late-Monday. ...

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Messi misses penalty as Iceland hold Argentina for famous draw

MOSCOW: Argentina were held to a draw by World Cup debutants Iceland Saturday, with Lionel Messi blowing a gilt-edged opportunity for victory when he missed a penalty. Sergio Aguero scored an eye-catching opener for the two-time world champions in the 19th minute but it was almost immediately cancelled out by ...

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Pakistan becomes visa-free for many foreign tourists

ISLAMABAD: Encouraged by the positive response from foreign tourist organisations and backpackers, Pakistan has now decided to allow tourists from 24 countries to visit the country without visas. According to an official statement issued here on Friday by Pakistan’s Ministry of Interior group, tourists from the UK, the US, China, ...

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British passenger arrested for wearing too many clothes

REYKJAVIK: A British man has been arrested at Keflavik airport in Iceland for wearing too many clothes. Ryan Hawaii reportedly wanted to avoid the excess luggage fee and therefore wore eight pairs of trousers and ten shirts. He claimed he was denied a boarding pass at the British Airways desk ...

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Iceland opens door for UK to join EFTA

ICELAND‘s foreign minister has opened the door for Britain to rejoin a European trade club that would put it on a fast track to sign dozens of ready made deals after Brexit. Gudlaugur Thór Thórdarson said he had spoken to Boris Johnson, the foreign secretary about the UK joining the ...

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