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From crisis to hotspot: How Iceland went from a fiscal basket case to a tourism destination [Financial Post (Toronto, Ontario, Canada)]

ALCOA (AA)  More Company Research Source: Financial Post
Last alcoa earnings: 7/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF From crisis to hotspot: How Iceland went from a fiscal basket case to a tourism destination Iceland has rebuilt its economy in the 10 years since its crash with a focus on fish, tourism, aluminum smelting and energy On the mossy, volcanic tundra of Iceland’s Reykjanes peninsula, Orf Genetics’ glass and metal greenhouse stands out like a sore thumb. Inside, tens of thousands of barley plants will be carefully tended for 90 days before being sent down the road to the sparsely populated country’s capital Reykjavik for processing. The fodder crop was a staple in the Icelandic diet centuries ago and has made a comeback in trendy restaurants in recent years, but these plants aren’t for eating. They have been genetically modified to contain growth factors, a type of protein whose uses vary from skincare products to sweeteners and stem cell research. Orf isn’t typical of companies in a country whose economy is built on fishing, aluminum smelting and, more recently, tourism. But it is exactly [Read more]

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