Iceland had a strong recovery after the 2008 global economic meltdown because it allowed its banks to fail, and punished those involved in the crisis. But all is not well on the island, as the ‘Panama Papers‘ leak revealed on 3 April 2016.
The country’s Prime Minister was linked to a secretive offshore company, and the Icelandic population was not happy about it. Thousands called for him to step down, and he has now obliged. Back in Britain, meanwhile, the hunger for new elections is getting stronger and stronger.