Iceland's central bank slashed its benchmark interest rate Wednesday, but warned uncertainty over a repayment deal for the Icesave bank collapse was restricting its ability to mend the ailing economy. The central bank, or Sedlabanki, cut its main interest rate by half a percentage point to 9.0 percent, justifying the move with the appreciation of the Icelandic krona ...

Iceland's central bank on Wednesday cut its benchmark interest rate by half a percentage point to 9.0 percent amid signs that the Nordic country's battered economy was on the rebound. "Supporting an interest rate cut is the appreciation of the krona ... despite the absence of central bank intervention in the FX (foreign exchange) market," the Sedlabanki said ...

STOCKHOLM (Reuters) - Iceland's central bank cut interest rates by 50 basis points on Wednesday to ease pressure on the stricken economy, despite uncertainty over international aid due to a row with Britain and the Netherlands. The Sedlabanki said it would lower its key seven-day collateral rate to 9.0 percent, and reduced other main rates also by 50 basis ...

NEW YORK (Reuters Health) - People in Portland are more likely than those in Iceland to be sensitive to certain foods, but reactions to fish, eggs and cow's milk appear rare in both places, new research suggests. The study, of more than 4,500 adults from 13 Western countries, found that nations varied in the rate of people who were ...