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
Walk of the People – A Pilgrimage for Life were denied entrance into East Germany in June 1985 and settled in an old mill house in a border town to figure out a plan. A few weeks later, they walked to Vienna, Austria, then took a train to Budapest and some other cities in Hungary as part of a tour organized by the government Hungarian Peace Committee. They were turned down again for visas to fly to Moscow. Eventually, several members took a train to Moscow from Geneva, Switzerland, following the November 1985 Geneva Summit between Reagan and Mikhail Gorbachev. They met with members of the Soviet Peace Committee