Olafur Grimsson has been riding a wave of support for his defiance of Britain and the Netherlands over massive debts from a bank crash.
A slick black head breaks the surface, drawing shrieks from whale watchers in a lucrative activity that some say should replace whale hunts.
Smokers in Iceland might be able to get their fix only from pharmacies -- and only with a script.
Ash clouds from Iceland's Eyjafjallajökull volcano brought fresh travel chaos to thousands of passengers in Europe on Monday.
Iceland's erupting volcano has become an instant tourist attraction. Tom Robbins travels by snowmobile and helicopter to see the show
The ash cloud from an Icelandic volcano is hanging lower in the air, which is good news for travellers, but winds still made conditions uncertain.
The Airports Company South Africa (Acsa) was still awaiting word on Monday on when flights would resume to the UK and Europe, a spokesperson said.
A huge cloud of ash from a volcano in Iceland turned the skies of northern Europe into a no-fly zone on Thursday.
The ground shakes, belching fumes and spewing lava, but this has not deterred throngs of tourists flocking to see Iceland's active volcano.
Icelanders voted in a referendum on Saturday on a $5bn deal to repay Anglo-Dutch loans, with an expected "No" set to further delay foreign aid.
Iceland's president rejected a Bill to repay Britain and The Netherlands more than $5-billion their savers lost when Icelandic banks collapsed.
Iceland's Parliament approved an amended Bill on Wednesday to repay more than $5-billion lost by savers in Britain and The Netherlands.
The power utility has recorded a near R10-billion loss mainly through its exposure to the aluminium market.
Companies forecast almost 70 000 job cuts in a single day as the rampant crisis born in the banking sector struck workers across the globe.
Icelandic Prime Minister Geir Haarde announced on Monday the resignation of his government in the wake of the country's dire economic crisis.
Iceland said on Monday that IMF cash would not be enough to stabilise its ailing economy as it prepared for talks on the financial crisis.
Iceland has been devastated by the financial crisis. Is there any way back from the brink for this remote island nation?
Iceland seized control of its biggest bank on Thursday to try to shore up its listing financial system, and halted all trade on its stock market.
Governments rushed out new emergency measures in a desperate bid to stop the haemmorhaging of confidence on Thursday.
Iceland's biggest bank received an emergency loan from Sweden on Wednesday as the country's financial crisis showed no sign of abating.