Iceland

Can the U.S. Tap the Hot Geothermal Market?

American companies have a golden opportunity to expand the country's leadership in the global market. Industry leaders meeting this week in New York laid out the huge opportunity but also warned that red tape and a relative scarcity of personnel with the right know-how threaten to stifle efforts to expand this clean-energy source.

MasterCard and Visa May Face Legal Battle Over WikiLeaks

MasterCard (MA) and Visa (V) may face a legal challenge to their decision to cut ties with WikiLeaks DataCell, a data-hosting company based in Iceland, says that the two companies%u2019 refusal to process donations to WikiLeaks are costing it revenue. DataCell had previously facilitated the donations.

Why Asian Nations Hate QE2, and What They Should Do

As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed's $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are installing capital controls in response, but those won't be enough, says global finance expert Peter Cohan.

Animals & Money: Whaling on welfare

For all the trouble Iceland, Norway and Japan went through to defy the rest of the world and resume whaling, it's starting to look like whaling isn't...