Embassy of the United Kingdom, Reykjavík first British Embassy was Höfði (best known as the location for the 1986 Reykjavík Summit meeting of Ronald Reagan and Mikhail Gorbachev). In the 1950s the Embassy was moved to its current location on Laufásvegur street. In 1968, the British Government bought Laufásvegur 31 and the old farmhouse which was there was donated to the Reykjavik Museum and moved to the heritage site at Árbæjarsafn. When the Embassy was redeveloped in the 1990s, it was decided that the location was too large for Britain's needs and so it looked for another partner to share it with. At the same time
Ronald Reagan sure its total cost would reach in the trillions of dollars. Reagan encouraged Congress to think of it as billions of new dollars spent in individual districts. If SDI worked, thousands of Soviet nuclear-armed missiles would be worthless — if launched, they could all be shot down. Gorbachev made it his highest priority to get Reagan to abandon SDI. Meanwhile, Reagan escalated the rhetoric. In his famous 1983 speech to religious fundamentalists he outlined his strategy for victory. First, he labeled the Soviet system an "Evil empire" and a failure—its demise would be a godsend for the world. Second, Reagan