A volcano in southern Iceland has erupted for the seventh time since December. The new fissure is spewing lava around 50 meters into the air. The surrounding village of Grindavik and a geothermal spa resort have been evacuated. The Icelandic meteorological agency observed strong seismic activity leading up to the eruption.
More than 2000 businesses file for bankruptcy in February 2024.
The economic picture in the United Kingdom is still terrible. A concerning picture of the business climate in the UK is painted by the most recent government statistics on insolvency. In February, 17% more companies in England and Wales were declared insolvent than in 2023. There were 2,102 insolvent companies, compared to 1,801 in February 2023.
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