Iceland got some bad press in the last year over its massive rise and devastating fall
as a financial powerhouse, despite having such a tiny population. But now, the isolated island nation has decided that if it can't be the center of the financial world, it might as well become the hub for investigative journalism
. It's set to announce "the strongest combination of source protection, freedom of speech, and libel-tourism prevention laws in the world." My first thought on hearing of this was that it sounded like the country wanted to become a haven for Wikileaks... and, indeed, the report at Nieman Lab says that Wikileaks was involved in drafting the new legislation. I think this is a great idea -- and the world needs places where free speech is much more seriously protected, but I do wonder how it will work in practice.