Reykjavík 1972, Reykjavík hosted the world chess championship between Bobby Fischer and Boris Spassky. The 1986 Reykjavík Summit between Ronald Reagan and Mikhail Gorbachev underlined Reykjavík's international status. Deregulation in the financial sector and the computer revolution of the 1990s again transformed Reykjavík. The financial and IT sectors are now significant employers in the city. The city has fostered some world-famous talents in recent decades, such as Björk, Ólafur Arnalds and bands Múm, Sigur Rós and Of Monsters and Men, poet Sjón and visual artist Ragnar Kjartansson. Reykjavík is located in the southwest of Iceland. The Reykjavík area coastline is characterized
History of the foreign relations of the United Kingdom the time hostilities began on 17 January 1991. Thatcher was one of the first Western leaders to respond warmly to reformist Soviet leader Mikhail Gorbachev. Following Reagan–Gorbachev summit meetings and reforms enacted by Gorbachev in the USSR, she declared in November 1988 that "We're not in a Cold War now", but rather in a "new relationship much wider than the Cold War ever was". She went on a state visit to the Soviet Union in 1984 and met with Gorbachev and Nikolai Ryzhkov, the Chairman of the Council of Ministers. Thatcher was initially opposed to German reunification, telling Gorbachev that