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 > Volcano erupts in Iceland, triggering tourist evacuation
    Headlines

    Volcano erupts in Iceland, triggering tourist evacuation

    Volcano erupts in Iceland, triggering tourist evacuation

    Published by Global Banking and Finance Review

    Posted on April 1, 2025

    Featured image for article about Headlines

    By Louise Rasmussen

    COPENHAGEN (Reuters) -A volcano erupted to the south of Iceland's capital on Tuesday, spewing lava and smoke in a fiery display of orange and red that triggered the evacuation of tourists and residents, although air traffic continued as normal.

    Referred to as a land of ice and fire for its many glaciers and volcanoes, the North Atlantic island nation has now seen 11 eruptions south of Reykjavik since 2021, when dormant geological systems reactivated after some 800 years.

    "Warning: An eruption has begun," the Icelandic meteorological office said in a statement.

    The outbreak penetrated protective barriers close to the Grindavik fishing town, triggering an evacuation of those residents who had returned following previous eruptions, although most houses have stood empty for over a year.

    "There is lava coming within the barrier at the moment, but it's a very limited eruption so far," said Rikke Pedersen, head of the Nordic Volcanological Center.

    Emergency services also evacuated the nearby Blue Lagoon luxury spa in the hours ahead of the eruption, as geologists had warned it was imminent.

    Pedersen said the outbreak was similar in size to an eruption from January 2024, which spewed lava into Grindavik.

    The eruptions on the Reykjanes peninsula so far have not directly affected the capital city Reykjavik and have not caused significant dispersal of ash into the stratosphere, avoiding air traffic disruption.

    Icelandic experts predict that the so-called fissure eruptions, characterised by lava flowing out of long cracks in the earth's crust rather than a single volcanic opening, could repeat themselves for decades, or even centuries.

    The North Atlantic island, home to nearly 400,000 people, attracts thousands of tourists every year who come to explore its rugged nature, including geysers, hot springs and volcanoes.

    Iceland sits astride the Mid-Atlantic Ridge, where the Eurasian and North American tectonic plates are pulling apart, and is largely covered by black lava fields, contrasted with glaciers and blankets of vibrant green moss.

    (Reporting by Louise Rasmussen; Editing by Terje Solsvik and Ros Russell)

    Related Posts
    Bow failure caused 1994 Estonia ferry disaster, final report shows
    Bow failure caused 1994 Estonia ferry disaster, final report shows
    Czech defence group CSG wins $1 billion truck deal, opens Slovak ammunition line
    Czech defence group CSG wins $1 billion truck deal, opens Slovak ammunition line
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    BBC says it will fight Trump lawsuit over edited speech
    BBC says it will fight Trump lawsuit over edited speech
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Dassault Aviation CEO unsure if FCAS fighter will go ahead
    Dassault Aviation CEO unsure if FCAS fighter will go ahead
    Europe's leaders and laggards in electric vehicle sales
    Europe's leaders and laggards in electric vehicle sales
    EU members bordering Russia push for enhanced security at Helsinki meeting
    EU members bordering Russia push for enhanced security at Helsinki meeting
    Netherlands will host International Claims Commission for Ukraine, minister says
    Netherlands will host International Claims Commission for Ukraine, minister says
    EU to widen carbon border levy to close loopholes on polluting goods, draft shows
    EU to widen carbon border levy to close loopholes on polluting goods, draft shows
    Plan to build church for war dead in city park sparks rare protest in Russia
    Plan to build church for war dead in city park sparks rare protest in Russia

    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

    More from Headlines

    Explore more articles in the Headlines category

    Polish student detained over suspected Christmas market attack plot

    Polish student detained over suspected Christmas market attack plot

    China lowers EU pork tariffs in final ruling after 18-month probe

    China lowers EU pork tariffs in final ruling after 18-month probe

    European defence stocks slide amid progress in Ukraine peace talks

    European defence stocks slide amid progress in Ukraine peace talks

    App developers urge EU action on Apple fee practices

    App developers urge EU action on Apple fee practices

    Kering sells majority stake in New York property in $900 million deal 

    Kering sells majority stake in New York property in $900 million deal 

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    Human‑wave attacks and drones: How Myanmar's junta is fighting back

    Human‑wave attacks and drones: How Myanmar's junta is fighting back

    EU to yield on combustion engines ban after automaker pressure

    EU to yield on combustion engines ban after automaker pressure

    US suspends technology deal with Britain, FT reports

    US suspends technology deal with Britain, FT reports

    Taiwan's global credibility on the line with disputed laws, president says

    Taiwan's global credibility on the line with disputed laws, president says

    Trump seeks up to $10 billion in damages from BBC over editing of January 6 speech

    Trump seeks up to $10 billion in damages from BBC over editing of January 6 speech

    View All Headlines Posts
    Previous Headlines PostVW promised continuity as Lower Saxony set for new leader
    Next Headlines PostEU has 'strong plan' to hit back at US tariffs if needed, EU chief says