How could it be that Iceland, the home of Bjork (and indeed the entire Sugarcubes), Lazy Town, and the Olympic silver medal-winning men's handball team, could suddenly become the Nauru of the North Atlantic?

Now that Flash Gordon has invoked anti-terrorism laws against the subversive Icelanders, could we be heading towards Cod War II?

Or could Iceland become another geopolitical service of Gazprom?

Coverage of the Iceland crisis from The Guardian, and for some irony, check this story from Inter Press Service on developments in carbon capture technology at the Hellisheidi geothermal power plant.