Iceland

Business, Finance & Economics

Overseas bailout

As the U.S. bailout plan stumbles on Capitol Hill, European banks are suffering from their exposure to the U.S. crisis. The World's Laura Lynch reports that governments in Europe have had to intervene with bailouts of their own.

Global Scan

Is this the space vehicle that will be NASA's alternative to Russia's 'taxi service' to orbit?

As US-Russia relations deteriorate, NASA is picking up the pace on finding a way to get to the International Space Station without relying on Russian rockets. Three private companies could get the nod from NASA this week. Meanwhile, ISIS is emerging as a more dangerous global threat, with evidence that it is researching weapons of mass destruction and possibly targeting the pope. We have those stories and more in today's Global Scan.

Arts, Culture & Media

Iceland volcano

A volcano in Iceland features in our Geo Quiz. It's been erupting for a few days now. So far, the volcano's spectacular displays of smoke and lava have mostly been a boon for tourism. Bjorn Eriksen manages a hotel within sight of the volcano.

Global Scan

Is this the space vehicle that will be NASA's alternative to Russia's 'taxi service' to orbit?

As US-Russia relations deteriorate, NASA is picking up the pace on finding a way to get to the International Space Station without relying on Russian rockets. Three private companies could get the nod from NASA this week. Meanwhile, ISIS is emerging as a more dangerous global threat, with evidence that it is researching weapons of mass destruction and possibly targeting the pope. We have those stories and more in today's Global Scan.

Global Scan

Dennis Rodman brings his brand of basketball diplomacy back to North Korea

Dennis Rodman's controversial relationship with North Korean dictator Kim Jong Un turned another page this week. The former NBA star was in North Korea this week to select and train a North Korean basketball team that will take part in an exhibition game in honor of Kim's birthday. Plus Egyptian activists are thrown in jail and elves — yes, elves — halt a highway project in Iceland, in today's Global Scan.

Global Scan

Welcome to Sochi?

The winter Olympics in Sochi are just three weeks away, and things are starting to fall into place — including a host of new events. Plus a new beer made from whale meal in Iceland and a bet that cost two men an ear in Siberia in today's Global Scan.