ZIGZAG, v.t. To move forward uncertainly, from side to side, as one carrying the white man's burden. (From 'zed', 'z', and 'jag', an Icelandic word of unknown meaning.)
Quotes about icelandic (5 Quotes)
The weather in Europe this time of the year and through the winter is highly influenced by the Icelandic Low, a semi-permanent anticyclone that begins drifting south during autumn,
Icelandic banks have effectively been shut out of global credit markets, and a credit crisis is just around the corner.
We see a substantial risk of a financial crisis as an integral part of an Icelandic 2006-2007 recession. The funding squeeze of the banks will probably force them to reduce lending to domestic players, and force a sell off of external assets.
In a low-yield environment, there was a lot of interest in high-yield markets such as the Icelandic. But with yields on the rise in Europe and the U.S., we want to see a lot more quality before we feel comfortable investing, as high yields alone are no longer enough.