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 appointees, and for another nine years he had screened candidates for the New York Supreme Court as part of his work for the State Commission on Judicial Nominations. Summit currently is a partner with the New York City law firm Phillips Nizer LLP. On September 23, 1987, toward the end of Ronald Reagan's presidency, Reagan nominated Summit to a seat on the United States Court of Appeals for the Second Circuit to replace Irving Kaufman, who had taken senior status. Summit's name initially had been suggested by his former law partner, Arnold I. Burns, who had been a Deputy Attorney