Thousands of protesters rioted in Reykjavik, Iceland on November 22, 2008, to demand that the Prime Minister resign over the recent economic crisis which has crippled the country. In the months prior, three of the island nation's banks have collapsed, and the country has been forced to accept a $10 billion aid package from the International Monetary Fund to stabilize the country's economy.France 24: Icelanders Demand PM Resign During Violent Protests (November 23, 2008)
Iceland's Meltdown
Iceland's economy was one of the strongest in the world before its currency plummeted in 2008 and the economy's dependence on international investors caused credit to dry up. Prices in Iceland have surged and many Icelanders now are threatened with losing their homes to foreclosure.The New Yorker: Iceland’s Deep Freeze (April 21, 2008)
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