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
Foreign policy of the Ronald Reagan administration Life," Reagan expressed his optimism about the new direction they charted, his warm feelings for Gorbachev, and his concern for Gorbachev's safety because Gorbachev pushed reforms so hard. "I was concerned for his safety," Reagan wrote. "I've still worried about him. How hard and fast can he push reforms without risking his life?" Events would unravel far beyond what Gorbachev originally intended. War between western supported movements and the communist People's Movement for the Liberation of Angola (MPLA) government in Angola, and Cuban and South African military intervention there, led to decades of civil war that cost up to 1