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
Stuart A. Summit General at the time. And although the nomination of Summit, an active Republican, had not been thought to be particularly controversial, his nomination ultimately languished. Initially, Summit's ethics were challenged by a personal injury attorney in New York who once had faced Summit in court. Then, Burns, who had been Summit's biggest champion in the Justice Department, resigned from the Reagan administration amid a public quarrel with Attorney General Edwin Meese. Even so, Summit was unanimously approved by the U.S. Senate Judiciary Committee on August 11, 1988, which should have placed his nomination on the fast track for confirmation. However,