Good day, Bad day
Unfreezing assets, Alaska SUV owners
GOOD DAY FOR: Unfreezing assets, after the International Monetary Fund and four Nordic countries gave bankrupt Iceland a combined $4.6 billion in emergency loans. The IMF’s $2.1 billion and the $2.5 billion from Sweden, Norway, Finland, and Denmark will help Iceland recapitalize its banking sector and shore up its currency. Even with the bailout, Iceland’s economy is expected to contract at least 10 percent next year. (Bloomberg)
BAD DAY FOR: Alaska SUV owners, as the average price of U.S. gas fell to just over $2 a gallon Thursday, in its 64th consecutive daily decline. Gas is selling below $3 a gallon in every state but Alaska, and 23 states have sub-$2 gas, with Missouri the cheapest, at $1.72 a gallon. (CNNMoney.com)
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Why more and more adults are reaching for soft toys
Under The Radar Does the popularity of the Squishmallow show Gen Z are 'scared to grow up'?
By Chas Newkey-Burden, The Week UK Published
-
Magazine solutions - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published
-
Magazine printables - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published