We last heard of “Iceland” in the fall during those first exciting weeks of the Global Great Depression, when our proudly “interconnected” global economy did what it ultimately was designed to do: self-implode all at once. Since most/all of Iceland’s prosperity in the last decade was derived from a burgeoning financial sector, all of its banks immediately defaulted and were nationalized; the government raised interests rates to 18% or so to secure a do-or-die loan from the evil IMF, leading other European countries to call them losers and de-friend them, and voila: welcome to the THIRD WORLD, Iceland! Hope you remembered to pack a lunch! This was the backdrop for this week’s developments, in which every government official got cancer and resigned, and then the government *itself* resigned, and now they’re just going to let some lesbian run everything. MORE »

Many have asked Wonkette to chime in on the insane constitutional crisis embroiling Canada’s idiot government these days, which is shocking, because well-to-do white nerd countries had supposedly given up on such uncouth measures as overthrowing the state. Slate’s posted a thorough summary of the whole thing; and if you’d like an “authentic” Canadian newspaper article about it… well crap, what’s the name of any Canadian newspaper… Toronto must have one… ah, here. Our briefest of recaps is below. MORE »

Sergei Stanishev, the prime minister of Bulgaria, was stuck on a cable car at a ski resort for an hour yesterday. The power went out, which apparently happens all the time over there, in Bulgaria, because they keep building things even though they don’t have electricity or roads and other such Western luxuries. After the jump: video footage of Prime Minister Stanishev bravely battling German double agents on top of a cable car. MORE »

While America spent the day either dancing on Hillary Clinton’s grave or trying to jump into it, a very important event transpired in nation of Russia: as expected, Vladimir Putin departed his post as president. But now he will be the prime minister, and some stooge whose name Hillary mangled in a debate will be the “president” instead. This will allow Putin to continue to walk around topless and cavort with flexy gymnasts half his age while Dmitry Medvedev attends to important affairs such as poisoning spies. Exciting photos of President Medvedev’s swearing-in ceremony after the jump! MORE »