Iceland's Fishing Industry Is Starting to Stink
- Industry that lifted nation out of poverty faces cost pressure
- Government says it wants strong post-Brexit deal with U.K.
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Iceland has fought wars to protect its fishermen, most recently against the U.K. in the 1970s. Now, a record inflow of foreign tourists is threatening the industry that once built this tiny north Atlantic country.
The flood of sightseers, volcano watchers and glacier trekkers is lifting the national currency, pushing up the price of Icelandic fish. It’s the latest blow to a business that has already lost its status as the biggest exporter to -- you guessed it -- tourism.