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Steingrímur Hermannsson
Steingrímur Hermannsson (pronounced ; 22 June 1928 – 1 February 2010) was an Icelandic politician who served as prime minister of Iceland from 1983 to 1987, and again from 1988 to 1991. Early childhood Steingrímur's father was Hermann Jónasson, another former Prime Minister. Being the son of a prominent official, Steingrímur enjoyed a relatively care-free upbringing in a country stricken by the Great Depression. As a young boy he had an exceptional proximity to Iceland's World War II politics, overhearing state affairs being discussed in his father's living room. Education Not wanting to follow his father's footsteps into politics, Steingrímur went to the U.S. in 1948. He received a bachelor's degree in electrical engineering from Illinois Institute of Technology in 1951 and a master's degree from Caltech in 1952. After returning to his native country and experiencing troubles both in his private life and business career, he eventually entered politics in the 1960s. He ...
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Prime Minister Of Iceland
The prime minister of Iceland ( is, Forsætisráðherra Íslands) is Iceland's head of government. The prime minister is appointed formally by the president and exercises executive authority along with the cabinet subject to parliamentary support. Constitutional basis The prime minister is appointed by the president under the Constitution of Iceland, Section II Article 17, and chairs the Cabinet of Iceland: : ' : The abinetmeetings shall be presided over by the Minister called upon by the President of the Republic to do so, who is designated Prime Minister. Locations The prime minister's office is located in Stjórnarráðið, Reykjavik, where their secretariat is based and where cabinet meetings are held. The prime minister has a summer residence, Þingvallabær in Þingvellir. The prime minister also has a reception house at Tjarnargata, Reykjavik, which was the prime ministerial residence until 1943. Image:Iceland-Reykjavik-Stjornarrad-1.jpg, Stjórnarráðið in Reykjav ...
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Illinois Institute Of Technology
Illinois Institute of Technology (IIT) is a private research university in Chicago, Illinois. Tracing its history to 1890, the present name was adopted upon the merger of the Armour Institute and Lewis Institute in 1940. The university has programs in architecture, business, communications, design, engineering, industrial technology, information technology, law, psychology, and science. It is classified among "R2: Doctoral Universities – High research activity". The university's historic roots are in several 19th-century engineering and professional education institutions in the United States. In the mid 20th century, it became closely associated with trends in modernist architecture through the work of its Dean of Architecture Ludwig Mies van der Rohe, who designed its campus. The Institute of Design, Chicago-Kent College of Law, and Midwest College of Engineering were also merged into Illinois Tech. History The Sermon and The Institute In 1890, when advanced education was ...
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Reykjavík Summit
The Reykjavík Summit was a summit meeting between U.S. President Ronald Reagan and General Secretary of the Communist Party of the Soviet Union Mikhail Gorbachev, held in Reykjavík, Iceland, on 11–12 October 1986. The talks collapsed at the last minute, but the progress that had been achieved eventually resulted in the 1987 Intermediate-Range Nuclear Forces Treaty between the United States and the Soviet Union. Negotiations Since 1986, Gorbachev had proposed banning all ballistic missiles, but Reagan wanted to continue research on the Strategic Defense Initiative (SDI), which involved the militarization of outer space. Yet Soviet suspicion of SDI continued, and U.S.-Soviet relations were strained. At Reykjavík, Reagan sought to include discussion of human rights, emigration of Soviet Jews and dissidents, and the Soviet invasion of Afghanistan. Gorbachev sought to limit the talks solely to arms control. The Soviets acceded to the " double-zero" proposal for eliminating INF ...
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Central Bank Of Iceland
The Central Bank of Iceland ( is, Seðlabanki Íslands) is the central bank or reserve bank of Iceland. It has served in this capacity since 1961, when it was created by an act of the Alþingi out of the central banking department of Landsbanki Íslands, which had the sole right of note issuance since 1927 and had conducted only limited monetary policy. Seðlabanki Íslands is owned by the Icelandic government, and is administered by a governor and a seven-member supervisory board, elected by the country's parliament following each general election. It has the sole right to issue notes and coins of Icelandic krónur and to manage the state's foreign currency reserves. The Central Bank Act of 1986 eliminated the ability of the Central Bank to regulate the interest rates of commercial banks and savings banks. Though nominally independent, the Central Bank of Iceland was historically expected to follow the lead of the central government. In 2001, however, a floating exchange rat ...
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Minister Of Communications (Iceland)
The Minister of Infrastructure in Iceland is the head of the Ministry of Infrastructure (formerly known as the Ministry of Transport and Local Government) and forms a part of the Cabinet of Iceland. The ministry was formed in 2017 and the current minister is Sigurður Ingi Jóhannsson. History The Minister of Communications ( is, Samgönguráðherra) was a cabinet position which existed between 20 November 1959 and 1 October 2009. The Minister of Communications existed alongside the minister after 1 January 1970 when the Cabinet of Iceland Act no. 73/1969 took effect since ministries had not formally existed separately from the ministers. On 1 October 2009 the position became Minister of Transport, Communications and Local Government ( is, Samgöngu- og sveitarstjórnarráðherra) and the ministry itself was also renamed accordingly. On 31 December 2010 the Ministry of Transport, Communications and Local Government was merged with the Ministry of Justice and Human Rights to for ...
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Minister Of Fisheries (Iceland)
The Icelandic Ministry of Fisheries and Agriculture (Icelandic: ') is a cabinet-level ministry. It is an important economic ministry, with fisheries products making up about 40% of Iceland's exports. History On 13 June 2007 the parliament of Iceland passed law changes to merge the Ministry of Fisheries and the Ministry of Agriculture, which took effect on 1 January 2008. In 2011 Steingrímur J. Sigfússon took on the roles of Minister of Fisheries and Agriculture and Minister of Economic Affairs. In 2012 the Ministry of Fisheries and Agriculture, the Ministry of Industry, Energy and Tourism and part of the Ministry of Economic Affairs merged to form the Ministry of Industries and Innovation (''Atvinnuvega- og nýsköpunarráðuneytið''), led by Steingrímur. Although since 2014, there are generally two ministers in the various cabinets, one for Fisheries and Agriculture and one for Industries and Innovation, the administrations are still combined. Ministers of Fisheries and ...
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Minister Of Agriculture (Iceland)
The Icelandic Ministry of Fisheries and Agriculture (Icelandic: ') is a cabinet-level ministry. It is an important economic ministry, with fisheries products making up about 40% of Iceland's exports. History On 13 June 2007 the parliament of Iceland passed law changes to merge the Ministry of Fisheries and the Ministry of Agriculture, which took effect on 1 January 2008. In 2011 Steingrímur J. Sigfússon took on the roles of Minister of Fisheries and Agriculture and Minister of Economic Affairs. In 2012 the Ministry of Fisheries and Agriculture, the Ministry of Industry, Energy and Tourism and part of the Ministry of Economic Affairs merged to form the Ministry of Industries and Innovation (''Atvinnuvega- og nýsköpunarráðuneytið''), led by Steingrímur. Although since 2014, there are generally two ministers in the various cabinets, one for Fisheries and Agriculture and one for Industries and Innovation, the administrations are still combined. Ministers of Fisheries and ...
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Minister Of Justice And Ecclesiastical Affairs (Iceland)
Minister may refer to: * Minister (Christianity), a Christian cleric ** Minister (Catholic Church) * Minister (government), a member of government who heads a ministry (government department) ** Minister without portfolio, a member of government with the rank of a normal minister but who doesn't head a ministry ** Shadow minister, a member of a Shadow Cabinet of the opposition ** Minister (Austria) * Minister (diplomacy), the rank of diplomat directly below ambassador * Ministerialis, a member of a noble class in the Holy Roman Empire * ''The Minister'', a 2011 French-Belgian film directed by Pierre Schöller See also * Ministry (other) * Minster (other) *''Yes Minister ''Yes Minister'' is a British political satire sitcom written by Antony Jay and Jonathan Lynn. Comprising three seven-episode series, it was first transmitted on BBC2 from 1980 to 1984. A sequel, ''Yes, Prime Minister'', ran for 16 episodes fr ...
'' {{disambiguation ...
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Althing
The Alþingi (''general meeting'' in Icelandic, , anglicised as ' or ') is the supreme national parliament of Iceland. It is one of the oldest surviving parliaments in the world. The Althing was founded in 930 at ("thing fields" or "assembly fields"), situated approximately east of what later became the country's capital, Reykjavík. Even after Iceland's union with Norway in 1262, the Althing still held its sessions at until 1800, when it was discontinued. It was restored in 1844 by royal decree and moved to Reykjavík. The restored unicameral legislature first came together in 1845 and after 1874 operated in two chambers with an additional third chamber taking on a greater role as the decades passed until 1991 when Althing became once again unicameral. The present parliament building, the , was built in 1881, made of hewn Icelandic stone. The unicameral parliament has 63 members, and is elected every four years based on party-list proportional representation. The current ...
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Caltech
The California Institute of Technology (branded as Caltech or CIT)The university itself only spells its short form as "Caltech"; the institution considers other spellings such a"Cal Tech" and "CalTech" incorrect. The institute is also occasionally referred to as "CIT", most notably in its alma mater, but this is uncommon. is a private university, private research university in Pasadena, California. Caltech is ranked among the best and most selective academic institutions in the world, and with an enrollment of approximately 2400 students (acceptance rate of only 5.7%), it is one of the world's most selective universities. The university is known for its strength in science and engineering, and is among a small group of Institute of Technology (United States), institutes of technology in the United States which is primarily devoted to the instruction of pure and applied sciences. The institution was founded as a preparatory and vocational school by Amos G. Throop in 1891 and began ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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