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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. ...
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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 wa ...
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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 I ...
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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 r ...
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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 (Icelan ...
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