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Old 01-07-2010, 08:40 PM   #2
Thor
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Also an article comparing the damage done by the UK with enacting the terrorism law, suggesting it did to Iceland what the treaty of Versailles did at the end of WWI.


http://www.telegraph.co.uk/finance/n...ersailles.html

Quote:
A letter from Ingibjorg Solrun Gisladottir, Iceland's then foreign minister, addressed to the UK several weeks after the crash highlights the disastrous impact on the Icelandic economy.

"Total possible liabilities, if pushed to their maximum, could impose on Iceland reparations on a similar economic scale to the Treaty of Versailles," the letter dated October 23 said.

Another major objection was the Anti-Terrorism, Crime and Security Act used by the Treasury to freeze the assets, putting Iceland on a list of suspect organisations.

"It makes no sense to see an Icelandic company listed next to the Al-Qaeda and the Taleban on the Treasury website," she wrote.
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