Iceland's government, devastated by the financial bust, is trying to sell ambassadorial residences in Washington, New York, London and Oslo for a total of more than $25m in order to raise money.

In Washington, Iceland is asking $5.65m for a 1928 mansion (above), the home of its ambassador, which it has held for nearly half a century. The 10,000-square-foot mansion sits on 0.17 acres in Kalorama Heights, a northwest enclave that's home to many embassies, and is next door to the Syrian envoy's residence. It has 10 bedrooms, five bathrooms and a pool.

Wall Street Journal