This is the latest in a series on Iceland by Planet Money correspondent David Kestenbaum and Planet Money's Icelandic intern, Baldur Hedinsson. Here's more from their trip to Iceland.This was supposed to be the beginning of what passes for spring in Iceland.
When the Libyan rebels went to look for someone to run their war economy, they went to an unlikely source: An economics teacher at the University of Washington.Ali Tarhouni fled Libya 40 years ago after speaking out against Moammar Gadhafi.
Standard & Poor's, a big ratings agency, is getting nervous about the United States' ability to pay its debt.The agency lowered its outlook for the U.S. to negative this morning. That's essentially a warning.It means that the U.S. is still a super-safe country to lend money to, in S&P's view.