U.S. funds holding billions in offshore kronur filed a complaint against Iceland for forcing them to accept a currency discount of almost 40 percent as a condition to let the investors exit the nation's capital controls. The case was filed to the ... Bloomberg, 2 months ago
U.S. Funds File Complaint Against Iceland Over Krona Haircut - La Repubblica, 2 months ago
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(Bloomberg) -- Iceland freed up 72 billion kronur ($585 million) in capital for funds that have been trapped behind the nation's capital controls over the past 7 1/2 years, falling short of clearing the whole amount as investors balked at the low ...La Repubblica, 2 months ago Hedge Funds Asked to Take a Hit as Iceland Frees $2.4 Billion HedgeCo, 2 months ago Funds Asked to Take a Hit in Iceland $2.4 Billion Auction Bloomberg, 2 months ago
Last year's winner failed toretain his title and became vice-champion. Christopher Akers became the new champion ofthis weirdly funny battle aftercatching 135 insects. The feeling is awesome. By nature I am a sportsmen and hate tolose, says ...Sputnik, 1 month ago
Iceland's economy is growing at its fastest pace since the 2008 collapse of its banks, with annual gross domestic product up a whopping 4.2 percent in the first three months of the year. Latest tourism and spending data suggests the Icelandic ...Bloomberg, 1 month ago
(Bloomberg) -- Lawyers representing U.S. funds that bought Icelandic treasury bonds after the island's 2008 banking collapse say the terms of a debt settlement may represent a partial sovereign default. An auction arranged by Iceland's central ...La Repubblica, 1 month ago
Iceland met limited interest from creditors trying to exit the island's capital controls through a currency auction, after offering them an exchange rate that was 38 percent below the krona's market price. Iceland's currency reserves will be ...Bloomberg, 2 months ago
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