Bankastræti Núll
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Bankastræti Núll
''Bankastræti núll'' ('0 Bank Street') is a collection of twenty-five essays about the 2008–11 Icelandic financial crisis by Einar Már Guðmundsson. It takes its name from the euphemistic name of old public toilets at the end of Bankastræti in Reykjavík, which Einar Már presents as a metaphor for the banking sector A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ... generally. In the assessment of Alda Kravic, although digressive and playful, 'Bankastræti Núll' remains an earnest effort to retrieve lost connections between past and present, politics and poetry, prosperity and poverty. Iceland’s economic collapse was not an isolated event but part of a global system that now binds Iceland and Haiti closer together as captives of the IMF. Moreover, the persistent divisio ...
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Cover Of Bankastraeti Null By Einar Mar Gudmundsson
Cover or covers may refer to: Packaging * Another name for a lid * Cover (philately), generic term for envelope or package * Album cover, the front of the packaging * Book cover or magazine cover ** Book design ** Back cover copy, part of copywriting * CD and DVD cover, CD and DVD packaging * Smartphone cover, a mobile phone accessory that protects a mobile phone People * Cover (surname) Arts, entertainment, and media Music Albums ;Cover * ''Cover'' (Tom Verlaine album), 1984 * ''Cover'' (Joan as Policewoman album), 2009 ;Covered * ''Covered'' (Cold Chisel album), 2011 * ''Covered'' (Macy Gray album), 2012 * ''Covered'' (Robert Glasper album), 2015 ;Covers * ''Covers'' (Beni album), 2012 * ''Covers'' (Regine Velasquez album), 2004 * ''Covers'' (Placebo album), 2003 * ''Covers'' (Show of Hands album), 2000 * ''Covers'' (James Taylor album), 2008 * ''Covers'' (Fayray album), 2005 * ''Covers'' (Deftones album), 2011 * ''Covers'' (The Smithereens album), 2018 ...
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Einar Már Guðmundsson
Einar Már Guðmundsson (born 18 September 1954 in Reykjavík) is an Icelandic author of novels, short stories, and poetry. His books have been translated into several languages. Background Einar grew up in Reykjavík. In 1979 he received his Bachelor of Arts at the University of Iceland in comparative literature and history. He subsequently worked in the comparative literature department of the University of Copenhagen. Today, the author lives in Reykjavík, is married, and has five children. Works Einar's first book was poetry and his best-known work is his novel '' Englar alheimsins'' (''Angels of the Universe''), subsequently adapted as a film. * 1980: '' Sendisveinninn er einmana,'' poetry ( Gallerí Suðurgata 7, Reykjavík) * 1980: '' Er nokkur í Kórónafötum hér inni?,'' poetry (Gallerí Suðurgata 7, Reykjavík) * 1981: '' Róbinson Krúsó snýr aftur,'' poetry (Iðunn, Reykjavík) * 1982: '' Riddarar hringstigans,'' novel ( Almenna bókafélagið, Reykjavík) * ...
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Bankastræti
Bankastræti (, ) is a street in Reykjavík's city centre which runs from the west ends of Laugavegur (Reykjavík), Laugavegur and Skólavörðustígur to the intersection at Lækjartorg. It has, since the nineteenth century, been one of the main streets of Reykjavík. History With the building of a bridge over Lækinn, the stream running from Tjörnin along what is now Lækjargata, in 1828, Bankarstræti, along with the contiguous Austurstræti and Laugavegur, became some of the most important streets in Reykjavík. The street saw Reykjavík's first street light, an oil-lamp beside Lækjartorg. Since the earlier twentieth century, the street has been one-way. Since 2012, Bankastræti, along with Laugarvegur and Skólavörðustígur, has been pedestrianised during the summer as part of the 'sumar götur eru sumargötur' ('some streets are summerstreets') scheme. Name Bankastræti is now named after Landsbanki Íslands, which commenced operation at 3 Bankastræti on July 1, 188 ...
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Reykjavík
Reykjavík is the Capital city, capital and largest city in Iceland. It is located in southwestern Iceland on the southern shore of Faxaflói, the Faxaflói Bay. With a latitude of 64°08′ N, the city is List of northernmost items, the world's northernmost capital of a sovereign state. Reykjavík has a population of around 139,000 as of 2025. The surrounding Capital Region (Iceland), Capital Region has a population of around 249,000, constituting around 64% of the country's population. Reykjavík is believed to be the location of the first permanent settlement in Iceland, which, according to , was established by Ingólfr Arnarson, Ingólfur Arnarson in 874 Anno Domini, AD. Until the 18th century, there was no urban development in the city location. The city was officially founded in 1786 as a trading town and grew steadily over the following decades, as it transformed into a regional and later Country, national centre of commerce, population, and governmental activities. Re ...
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Banking Sector
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ...
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Economy Of Iceland
The economy of Iceland is small and subject to high volatility. In 2011, the gross domestic product was US$12 billion, but by 2018 it had increased to a nominal GDP of US$27 billion. With a population of 387,000, this is $55,000 per capita, based on purchasing power parity (PPP) estimates.Source: Statistics Iceland. The 2008–2011 Icelandic financial crisis produced a decline in GDP and employment, which has since been reversed entirely by a recovery aided by a tourism boom starting in 2010. Tourism accounted for more than 10% of Iceland's GDP in 2017. After a period of robust growth, Iceland's economy slowed down according to an economic outlook for the years 2018–2020 published by Arion Research in April of 2018. Iceland has a mixed economy with high levels of free trade and government intervention. However, government consumption is less than other Nordic countries. Hydro-power is the primary source of home and industrial electrical supply in Iceland. In the 1990s Iceland u ...
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Icelandic Literature
Icelandic literature refers to literature written in Iceland or by Icelandic people. It is best known for the sagas written in medieval times, starting in the 13th century. As Icelandic and Old Norse are almost the same, and because Icelandic works constitute most of Old Norse literature, Old Norse literature is often wrongly considered a subset of Icelandic literature. However, works by Norwegians are present in the standard reader ''Sýnisbók íslenzkra bókmennta til miðrar átjándu aldar'', compiled by Sigurður Nordal on the grounds that the language was the same. Early Icelandic literature The medieval Icelandic literature is usually divided into three parts: *Eddic poetry * Sagas * Skaldic poetry The ''Eddas'' There has been some discussion on the probable etymology of the term "Edda". Most say it stems from the Old Norse term ''edda'', which means great-grandmother, but some see a reference to Oddi, a place where Snorri Sturluson (the writer of the ''Prose Edda'') ...
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