BusinessPostCorner.com
No Result
View All Result
Monday, June 16, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Iceland declares state of emergency as it braces for volcanic eruption

November 12, 2023
in Finance
Reading Time: 4 mins read
A A
0
Iceland declares state of emergency as it braces for volcanic eruption
ShareShareShareShareShare

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Iceland declared a state of emergency after earthquakes raised fears that a volcanic eruption will damage residential areas in the Nordic country for the first time in 50 years.

Iceland evacuated all 4,000 residents the south-western town of Grindavík after a 15km-long underground magma tunnel was detected close to the Fagradalsfjall volcano, increasing the likelihood of an imminent eruption.

The government convened an emergency cabinet meeting on Sunday as thousands of earthquakes were recorded in the area. The activity has rocked the Reykjanes peninsula — home to Iceland’s international airport and the Blue Lagoon tourist site, which has been closed since Thursday.

The mid-Atlantic island of 390,000 people is well used to volcanic eruptions, with several occurring close to Grindavík in recent years. The eruption of Eldfell destroyed several hundred homes on the southern island of Heimaey in 1973, though there were no fatalities.

The 2010 explosion at Eyjafjallajökull closed much of European airspace for almost a week after plumes of ash clouds spread south. Volcanologists said there is a lower risk of a big ash cloud from this volcano, but that one was possible if eruptions occur at sea.

Large cracks have opened up on roads in and around the town of Grindavík, which has been evacuated © RUV/Ragnar Visage via Reuters

Grindavík is only 19km from Keflavik airport, Iceland’s main international entry point, but flights are carrying on largely as normal.

Huge cracks have appeared in roads around Grindavík. Authorities said on Sunday that it should be safe for residents to return to collect essentials and evacuate pets and livestock, subject to close monitoring.

“I felt the most scared for my life I have ever been,” said American basketball player Danielle Rodriguez, who lives in Grindavík, about the evacuation on social media platform X, formerly Twitter.

“The ground started shaking so much I had to grab a hold of the car and honest to god for a good 30 seconds I felt as though the ground was going to crack open and take us both [her girlfriend and her],” she added.

Locator map of Iceland pinpointing the Fagradalsfjall volcano nearby town of Grindavik, capital Reykjavik, and Keflavik International Airport

Experts said that an eruption could happen at any time, and that the current seismic activity made such event likely but not guaranteed in the coming days.

“The overall assessment from the status meeting was that the likelihood of a volcanic eruption is high, and that an eruption could be possible on a timescale of just days,” the Icelandic Met Office said on Saturday night.

It added that the magma intrusion was slowly moving towards the surface and was currently estimated to be 800 metres below the ground. The likelihood of an underwater eruption had also increased “so preparations must be made for the possibility of explosive activity”, it added.

Credit: Source link

ShareTweetSendPinShare
Previous Post

How to Slow the Heck Down When the World’s Speeding Up

Next Post

Harvard future of work professor: RTO mandates fell flat because workers value flexibility over pay

Next Post
Harvard future of work professor: RTO mandates fell flat because workers value flexibility over pay

Harvard future of work professor: RTO mandates fell flat because workers value flexibility over pay

Fulbright board resigns as it claims political interference by Trump administration

Fulbright board resigns as it claims political interference by Trump administration

June 11, 2025
ChatGPT’s 42-Signal AI XRP Price Forecast Flags Violent Swing Pre-SEC Ruling

ChatGPT’s 42-Signal AI XRP Price Forecast Flags Violent Swing Pre-SEC Ruling

June 13, 2025
FBI agents tackled Sen. Alex Padilla at an LA news conference with Homeland Security Secretary Kristi Noem

FBI agents tackled Sen. Alex Padilla at an LA news conference with Homeland Security Secretary Kristi Noem

June 12, 2025
Carmakers seek western supplies of rare earths and magnets

Carmakers seek western supplies of rare earths and magnets

June 15, 2025
FTX Creditors Can Now Choose Payoneer for Post-Bankruptcy Payments

FTX Creditors Can Now Choose Payoneer for Post-Bankruptcy Payments

June 11, 2025
Why solid accounting practices are fundamental to business resilience in 2025

Why solid accounting practices are fundamental to business resilience in 2025

June 11, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Satirical Luigi Mangione Musical Featuring Sam Bankman-Fried Debuts In San Francisco

Satirical Luigi Mangione Musical Featuring Sam Bankman-Fried Debuts In San Francisco

June 16, 2025
Donald Trump sceptical of imposing new sanctions on Russia

Donald Trump sceptical of imposing new sanctions on Russia

June 16, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!