Hi there,

If you think Democracy Now!’s reporting is a critical line of defense against war, climate catastrophe and authoritarianism, please make your donation of $10 or more right now. Today, a generous donor will DOUBLE your donation, which means it’ll go 2x as far to support our independent journalism. Democracy Now! is funded by you, and that’s why we’re counting on your donation to keep us going strong. Please give today. Every dollar makes a difference—in fact, gets doubled! Thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Iceland Government Collapses Due to Economic Crisis

HeadlineJan 27, 2009

Fallout from the global economic crisis continues to be felt across the world. Iceland’s coalition government collapsed Monday after weeks of protests by Icelanders upset by soaring unemployment and rising prices. Protesters hurled eggs at the car of Iceland’s Prime Minister Geir Haarde and banged cans on the car’s roof. Iceland has been in an economic crisis since September, when three of its largest banks collapsed, and the value of its currency plummeted. Meanwhile, demonstrations are threatening other European governments. Riots were seen in Latvia after the government pushed through wage and spending cuts. Major protests were also held in Lithuania. In the Spanish city of Zaragoza, tens of thousands of people took to the streets last week to protest soaring unemployment.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top