We haven't heard much lately in the way of progress on the historical drama Reykjavik, but apparently Baltasar Kormakur is now in early talks to direct.  The 2 Guns director would replace Mike Newell, who was sitting at the helm when last we checked.  The film takes its name from the 1986 Reykjavik Summit between U.S. president Ronald Reagan and Soviet leader Mikhail Gorbachev, an historic meeting that marks the end of the Cold War.  Michael Douglas is set to play Reagan, with Christoph Waltz starring as Gorbachev; Frank Langella also stars as Paul Nitze, the U.S. Secretary of the Navy and Reagan’s senior adviser.

As THR reports, Kormakur is only in the earliest of talks and no deals are in place, but there's now word of why Newell left the project.  Kormakur is currently in Iceland in post-production on Everest, the hiking expedition tale starring Jason Clarke, Josh Brolin, John Hawkes, Jake Gyllenhaal, Keira Knightley, Martin Henderson, Emily Watson, Michael Kelly, Thomas M. Wright, Sam Worthington, and Robin Wright.  That film is due out September 18, 2015.