History3 mins ago
exploitation or what ??
Soft drinks giant Pepsi co. are in negotiations with Iceland for a financial bail out. In return for part ownership of some of the country,s leading financial institutes they will, basically be co owners of the country. The country will still be called Iceland for all intents and purposes but on all headed documents it will known as Pepsi with Iceland if the deal goes through. Neither party was available for comment
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The US treasury (and others) look set to bailout Iceland.
"It's unlikely that the U.S. would act alone in an Iceland rescue package. The Scandinavians certainly would participate, Britain would as well given the big Icelandic presence, and now it appears Russia will too. Or a rescue could be done under International Monetary Fund auspices."
http://www.***********.com/news/story/paulson- bail-out-iceland/story.aspx?guid=%7BD9C756EE-3 9D3-4EF6-9CD1-A941EA531D56%7D&dist=TNMostMaile d
Pepsi are in a bit of trouble themselves at the moment due to rising food and transport costs. They have just announced a 3000 job cut.
http://www.ksbw.com/money/17709984/detail.html
"It's unlikely that the U.S. would act alone in an Iceland rescue package. The Scandinavians certainly would participate, Britain would as well given the big Icelandic presence, and now it appears Russia will too. Or a rescue could be done under International Monetary Fund auspices."
http://www.***********.com/news/story/paulson- bail-out-iceland/story.aspx?guid=%7BD9C756EE-3 9D3-4EF6-9CD1-A941EA531D56%7D&dist=TNMostMaile d
Pepsi are in a bit of trouble themselves at the moment due to rising food and transport costs. They have just announced a 3000 job cut.
http://www.ksbw.com/money/17709984/detail.html
I am absolutely anticipating my city break to Reykayjvik with trepidation now.
O boy this should be fun -i'll be the AB Iceland Corresponbet from the 30th Oct to the 2nd Nov.
I'll get all the inside info :)
Thats between swimmimg in the Blue Lagoon -visiting the Phallic Museum -seeing a Glacier or 2 and perhaps a Geysers and maybe a spa -hmmm -cant wait lol
Was that too flippant for News?
Have I got the job??
O boy this should be fun -i'll be the AB Iceland Corresponbet from the 30th Oct to the 2nd Nov.
I'll get all the inside info :)
Thats between swimmimg in the Blue Lagoon -visiting the Phallic Museum -seeing a Glacier or 2 and perhaps a Geysers and maybe a spa -hmmm -cant wait lol
Was that too flippant for News?
Have I got the job??
Have fun in Iceland:
http://news.bbc.co.uk/1/hi/magazine/7667920.st m
In a bid to claw back some of the money, the British government seized Icelandic assets in the UK under the Anti-terrorism, Crime and Security Act 2001. The die was cast. Your average Icelander draws the line at being called a terrorist.
Within days the British have gone from being friends to arch foes. British folk may have been too preoccupied to notice but sharp words have been flying across the North Atlantic.
"It's really simple," says a lawyer in Iceland. "Those that I have spoken to are determined not to go to the UK any time soon, if ever."
http://news.bbc.co.uk/1/hi/magazine/7667920.st m
In a bid to claw back some of the money, the British government seized Icelandic assets in the UK under the Anti-terrorism, Crime and Security Act 2001. The die was cast. Your average Icelander draws the line at being called a terrorist.
Within days the British have gone from being friends to arch foes. British folk may have been too preoccupied to notice but sharp words have been flying across the North Atlantic.
"It's really simple," says a lawyer in Iceland. "Those that I have spoken to are determined not to go to the UK any time soon, if ever."
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