Iceland in the Cold War Iceland, as the United Kingdom conceded to a Icelandic exclusive fishery zone following threats that Iceland would leave NATO. As a result, British fishing communities lost access to rich areas and were devastated, with thousands of jobs lost. The term "cod war" was coined by a British journalist in early September 1958. None of the Cod Wars meets any of the common thresholds for a conventional war, though, and they may more accurately be described as militarized interstate disputes. There is only one confirmed death during the Cod Wars: an Icelandic engineer killed in the Second Cod War. Iceland hosted
Cod fisheries eastern coast. The interplay between fishing societies and the resources on which they depend is palpable to even the most unacquainted observer: fisheries transform the ecosystem, which in turn pushes the fishery and society to adapt. In the summer of 1992, when the Northern Cod biomass fell to one percent of its earlier level, it became apparent to Canada's federal government that this relationship had been pushed to the breaking point and a moratorium was declared, ending the region's half-millennium run with the Northern Cod. The collapse of the Northern Cod fishery marked a profound change in the ecological, economic