Icelanders have rejected a referendum asking them to repay the $5.3 billion given to them by the Netherlands and U.K. to save the country from defaulting in the wake of the financial collapse.
Icelanders have rejected a referendum asking them to repay the $5.3 billion given to them by the Netherlands and U.K. to save the country from defaulting in the wake of the financial collapse. "Some 93.1 per cent of voters cast ballots opposing the deal, partial results showed after 32 per cent of ballots were ounted, RUV public broadcaster, which compiles all electoral statistics, said. Only 1.6 per cent of voters so far voted "yes" to the Icesave deal. 'Initial figures indicate clearly that the December amendment to the Icesave legislation of August 2009 will be repealed,' the government said in a statement just minutes after polling stations closed. Icelanders were asked to vote on whether the country should honour an agreement to repay the UK and the Netherlands $5.3 bn. This would be to compensate them for money they paid to 340,000 of their citizens hit by the collapse of Icesave in 2008. Observers said an Icelandic refusal to repay the money could block the remaining half of a $2.1bn International Monetary Fund rescue package, as well as its EU and euro currency membership talks. It could also damage Iceland's credit rating and destabilise the government, which negotiated the agreement in the first place."
The way that you think about stress can actually transform the effect that it has on you – and others.
- Stress is contagious, and the higher up in an organization you are the more your stress will be noticed and felt by others.
- Kelly McGonigal teaches "Reset your mindset to reduce stress" for Big Think Edge.
- Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
Three scientists publish paper proving that not Venus but Mercury is the closest planet to Earth
- Earth is the third planet from the Sun, so our closest neighbour must be planet two of four, right?
- Wrong! Neither Venus nor Mars is the right answer.
- Three scientists ran the numbers. In this YouTube video, one of them explains why our nearest neighbour is... Mercury!
The blood of horseshoe crabs is harvested on a massive scale in order to retrieve a cell critical to medical research. However, recent innovations might make this practice obsolete.
- Horseshoe crabs' blue blood is so valuable that a quart of it can be sold for $15,000.
- This is because it contains a molecule that is crucial to the medical research community.
- Today, however, new innovations have resulted in a synthetic substitute that may end the practice of farming horseshoe crabs for their blood.
The distance between the American dream and reality is expressed best through literature.
- Literature expands our ability to feel empathy and inspires compassion.
- These ten novels tackle some facet of the American experience.
- The list includes a fictional retelling of the first Native American to graduate from Harvard and hiding out in inner city Newark.
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