A Chinese tycoon plans to buy a vast tract of Icelandic land for a $100 million tourism project which critics fear could give Beijing a strategic foothold in the North Atlantic, the FT reports.
The euro zone is stressing and central bankers are talking - it's time for your FX Fix.
Geir Haarde, Iceland's former prime minister, has been charged with criminal negligence over his part in the collapse of the country's banking sector in 2008, the first credible attempt to hold a head of government accountable for the failures in oversight that led to the global financial crisis.
How unloved is the euro? Even Iceland is spewing the single currency. Time for your FX Fix.
The dollar is stronger - really - and Iceland is planning a slow thaw. Your daily FX Fix, right here.