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
Tog (unit) G in W/mK then a handy backronym for remembering what Tog means is "10/G", or "Ten Over G." Tog (unit) The tog is a measure of thermal insulance of a unit area, also known as thermal resistance. It is commonly used in the textile industry and often seen quoted on, for example, duvets and carpet underlay. The Shirley Institute in Manchester, England developed the tog as an easy-to-follow alternative to the SI unit of mK/W. The name comes from the informal word "togs" for 'clothing', which itself was probably derived from the word "toga", a Roman garment. The basic unit