Fidel Castro announces his resignation as President of Cuba.
Summer Olympics take place in Beijing, China.
Barrack Obama is elected 44th president of the United States.
Denmark's (but icelandic owned) 2nd largest airline Sterling goes bankrupt.
IT Factory goes bankrupt. The director, Stein Bagger, leaves the country.
Major banking and financial crisis in Iceland.
Spain 1-0 wins against Germany in the European Championship in Soccer.
Copenhagen is awaken by the unlikely tremors of an earthquake.