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
Geneva Summit (1985) Geneva Summit (1985) The Geneva Summit of 1985 was a Cold War-era meeting in Geneva, Switzerland. It was held on November 19 and 20, 1985, between U.S. President Ronald Reagan and Soviet General Secretary Mikhail Gorbachev. The two leaders met for the first time to hold talks on international diplomatic relations and the arms race. Both the Soviet Union and the United States were seeking to cut the number of nuclear weapons, with the Soviets seeking to halve the number of nuclear-equipped bombers and missiles, and the U.S. desiring to ensure that neither side gained a first-strike advantage, and to