Iceland in the Cold War due to clerical errors. Icelandic courts approved warrants by the Icelandic police to tap the phones of prominent Icelandic communists on six occasions during the period 1949-1968: During the 12-year reign of the , US-Icelandic relations were at their calmest. The government initiated major economic reforms that liberalized Iceland's economy and reduced Iceland's dependence on barter trade with the USSR. The Cod Wars were a series of confrontations between the United Kingdom and Iceland regarding fishing rights in the North Atlantic. Each of the disputes ended with Iceland's victory. The final Cod War concluded with a highly favorable agreement for
Murray cod grave concerns over the sustainability of this operation, and complaints about the near-absence of Murray cod in their heavily fished grounds, were being raised in the main state newspaper, The Argus. Yet, fishing effort continued to increase in the region, so in the late 1880s and early 1890s, between 40,000 and 150,000 kg of mostly Murray cod (between 7,500 and 27,000 fish, at an average weight of 5.5 kg) were caught near Echuca. Similarly, in 1883, more than 147,000 kg of Murray cod were sent to Melbourne from just one river town (Moama). By the 1920s Murray cod had been