Sunday, 16 January 2022

Tag Archives: Reykjavik

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 ...

Read More »

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 ...

Read More »