Iceland and the International Monetary Fund Intent. The conditionalities include details of Banking Sector restructuring, changes to Fiscal Policy including government austerity and changes to exchange rate policies. Following the global financial crisis in 2007-2008 Iceland's banking sector collapsed leading to wide ranging unemployment and a lessening of support for the Icelandic currency - the Icelandic Krona ISK. This was triggered by an insolvency of the private banking sector. The largest Icelandic banks had liabilities in excess of 80 percent of GDP . Iceland requested assistance from the IMF and from its Nordic partners in the Nordic Council. The goal of Iceland in this market intervention
The Basic School gun) of the infantry battalion weapons company. Infantry officers may seek to compete for a tour as a reconnaissance platoon commander after serving an initial tour with an infantry unit. Officers selected to serve in a Light Armored Reconnaissance (LAR) battalion complete an additional six-week LAR leaders course conducted at the School of Infantry. The Basic School The Basic School (TBS) is where all newly commissioned and appointed (for warrant officers) United States Marine Corps officers are taught the basics of being an "Officer of Marines". The Basic School is at Camp Barrett, Quantico, Virginia, in the south-west of the