Icelandic Shoppers Splurge as Currency Woes Reduce Food Imports

Reykjavik, Iceland, on Monday, Oct. 13, 2008. After a four-year spending spree, Icelanders are flooding the supermarkets one last time, stocking up on food as the collapse of the banking system threatens to cut the island off from imports. Photographer: Arnaldur Halldorsson/Bloomberg NewsOct. 13 (Bloomberg) — After a four-year spending spree, Icelanders are flooding the [...] continue reading the breaking news