Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Iceland volcano emits smoke and glowing lava in 12th eruption since 2021
    Headlines

    Iceland volcano emits smoke and glowing lava in 12th eruption since 2021

    Iceland volcano emits smoke and glowing lava in 12th eruption since 2021

    Published by Global Banking and Finance Review

    Posted on July 16, 2025

    Featured image for article about Headlines

    COPENHAGEN (Reuters) -A volcano erupted on Wednesday in southwest Iceland, authorities said, with live media images showing it belched smoke and dramatic flows of glowing hot yellow and orange lava, the latest in a series of outbreaks near the capital in recent years.

    Often referred to as a land of ice and fire, the North Atlantic island nation with its many glaciers and volcanoes has now experienced a dozen eruptions since geological systems on its Reykjanes peninsula reactivated in 2021.

    Magma forced through the earth's crust opened a massive fissure of length between 700 m and 1,000 m (0.4 miles and 0.6 miles), Iceland's meteorological office said, with the first signs of the eruption giving scant warning.

    "(It does) not threaten any infrastructure at this time," the office said in a statement. "Based on GPS measurements and deformation signals, it is likely that this was a relatively small eruption."

    Flights at Keflavik airport in the capital of Reykjavik were not affected, its web page showed.

    Public broadcaster RUV said people had been evacuated from the Blue Lagoon, a luxury geothermal spa resort, and the nearby town of Grindavik, citing police.

    Grindavik, home to nearly 4,000 before an evacuation order in 2023, has stayed mostly deserted since, for fear of the periodic threat from lava flows and related earthquakes.

    The Reykjanes eruptions have not yet posed a threat to Reykjavik, nor ejected large volumes of ash into the stratosphere, so air traffic has not been disrupted.

    Experts have said the eruptions in the area could recur for decades, or even centuries.

    The fissure eruptions, as the outbreaks are known, are characterised by lava flows emerging from long cracks, rather than from a central crater.

    (Reporting by Isabelle Yr Carlsson, Anna Ringstrom and Louise Breusch Rasmussen; Editing by Stine Jacobsen and Clarence Fernandez)

    Related Posts
    Europe to launch international commission for Ukraine war damages
    Europe to launch international commission for Ukraine war damages
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    Britain clinches upgraded South Korea trade deal
    Britain clinches upgraded South Korea trade deal
    Sydney mourns 15 killed in Australia's worst mass shooting in nearly 30 years
    Sydney mourns 15 killed in Australia's worst mass shooting in nearly 30 years
    Belarus' Lukashenko: Maduro is welcome to move to Belarus, but no such discussions have been held
    Belarus' Lukashenko: Maduro is welcome to move to Belarus, but no such discussions have been held
    Trump says lawsuit against BBC likely to be filed soon
    Trump says lawsuit against BBC likely to be filed soon
    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports
    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports
    European leaders agree Ukraine security guarantees should include European-led peacekeeping force
    European leaders agree Ukraine security guarantees should include European-led peacekeeping force
    UK military chief urges Britain to better prepare for Russia threat
    UK military chief urges Britain to better prepare for Russia threat
    Ukraine says underwater drones hit submarine, but Moscow denies damage
    Ukraine says underwater drones hit submarine, but Moscow denies damage
    Serbia's prosecutor files to indict minister in connection with Kushner project
    Serbia's prosecutor files to indict minister in connection with Kushner project

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostTrump promised Patriots for Ukraine. Now Europe has to provide them
    Next Headlines PostAustralia PM Albanese, at Great Wall, defends foreign investment screening

    More from Headlines

    Explore more articles in the Headlines category

    French court jails Congo ex-rebel leader for 30 years

    French court jails Congo ex-rebel leader for 30 years

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    France says cattle disease under control as farm protests continue

    France says cattle disease under control as farm protests continue

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    Ukraine could gain NATO-like security assurances in US-proposed Russia peace deal

    Ukraine could gain NATO-like security assurances in US-proposed Russia peace deal

    European drone wall, other 'flagship' defence projects at risk in EU power struggle

    European drone wall, other 'flagship' defence projects at risk in EU power struggle

    Jimmy Lai remains beacon of Hong Kong press freedom, say ex-colleagues awaiting his sentencing

    Jimmy Lai remains beacon of Hong Kong press freedom, say ex-colleagues awaiting his sentencing

    US eases sanctions on three Belarus potash companies after prisoner release

    US eases sanctions on three Belarus potash companies after prisoner release

    ICC rejects Israeli bid to halt Gaza war investigation

    ICC rejects Israeli bid to halt Gaza war investigation

    UK watchdog Ofqual fines Pearson 2 million pound for standards breaches

    UK watchdog Ofqual fines Pearson 2 million pound for standards breaches

    EU's Kallas: China is increasingly weaponizing economic ties for political gains

    EU's Kallas: China is increasingly weaponizing economic ties for political gains

    Romania's government survives no-confidence vote over reform plans

    Romania's government survives no-confidence vote over reform plans

    View All Headlines Posts