– Iceland’s Bardarbunga Volcano Begins To Erupt, Ash Cloud Imminent After Aviation Warning Raised To “Red” (ZeroHedge, Aug 23, 2014):
In April 2010, it was Iceland’s unpronouncable Eyjafjallajokull volcano which erupted and forced more than 100,000 flights to be canceled on concern glass-like particles formed from lava could melt in aircraft engines and clog turbines.
A year later, in May 2011, ash from Iceland’s Grimsvotn volcano forced flight cancellations in Scotland, northern England and Germany leading to further lower “GDP adjustments” across Europe which back then was in desperate need of a scapegoat for its then double-dip recession.
So in what may be good news for Europe once again, now teetering on the edge of a triple-dip recession (in the confines of Europe’s worst depression ever), moments ago Iceland’s meteorological service reported that the island’s Bardarbunga volcano, having been closely observed by volcano-watchers for the past month due to heightened seismic activity, has begun to erupt which means in addition to Russia’s trade war, Europe now has another volcanic eruption to blame its latest GDP contraction on. As the local Met office summarizes, a “small” eruption of lava has occurred to the northeast of the volcano leading the Icelandic National Broadcasting Service to declare that “all air traffic is now prohibited in a large radius around the volcano.”