The seismic activity around Eyjafjallajökull glacier in south Iceland, which is on top of an active volcano, remains stable but the earthquakes have decreased in strength. Around 300 smaller quakes were measured in the area last night.
South Iceland Earthquakes Decrease in Strength Iceland Review
The seismic activity around Eyjafjallajökull glacier in south Iceland, which is on top of an active volcano, remains stable but the earthquakes have decreased in strength. Around 300 smaller quakes were measured in the area last night.
Norway Considers Loan to Iceland Despite Icesave Iceland Review
Foreign Minister of Norway Jonas Gahr Stoere has loosened his demands towards Iceland and is considering the possibility of disbursing a loan to the Icelandic state through the International Monetary Fund without a solution to the Icesave dispute.
A Bad Day For Billionaires Economic Disaster Area
Bjorgolfur Thor is no longer on the Forbes billionaire list.
And Hannes Smarason of FL Group fame personal debts to Landsbankinn amount to half the IceSave amount owed to the Brits and the Dutch according to the latest calculations. Of course without proper collateral or what?
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The Dutch Get Tough on Icesave Iceland Review
The Icesave dispute was discussed at the Dutch parliament yesterday, during which Minister of Finance Jan Kees de Jager indicated that the next step was in the hands of Iceland. Other parliamentarians called for blocking Iceland’s loan from the IMF.
Pirates seize Norwegian tanker IceNews - Daily News
The Norwegian-owned UBT Ocean oil-product tanker, along with its 21-member crew, has been captured by Somali pirates in the waters of the Indian Ocean. The incident took place late last week, and to date the vessel is still believed to be sailing towards Somali waters.
The UBT Ocean sails under the flag of the Marshall Islands, [...]
New Legislation to Ban Use of Sunbeds for Children Iceland Review
Minister of Health Álfheidur Ingadóttir will submit a bill to parliament next week on an age limit of 18 for tanning salons. She is thereby following the advice of the Icelandic Radiation Safety Authority, which proposed the ban in November.
First Human Trafficking Conviction in Iceland Iceland News
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S&P does not change Iceland’s Credit Rating after Icesave Referendum Iceland Review
The credit rating agency Standard and Poor’s has decided not to change Iceland’s credit rating. “In our view, the referendum outcome does not constitute an outright repudiation of Iceland’s international obligations,” S&P said in a statement.
Police in Iceland Protest Delay of Wage Contracts Iceland Review
Police officers in Iceland gathered outside the facilities of the State Mediator yesterday to show unity with their negotiators at the meeting that was about to begin in the wage dispute between the Police Federation of Iceland and the state.
Former Health Minister to Rejoin Iceland’s Cabinet? Iceland Review
There are rumors circling that Ögmundur Jónasson, an MP for the Left-Greens, who resigned from his post as minister of health last year due to a disagreement with the government leaders on Icesave, might rejoin the cabinet.
More Tremors Below South Iceland Volcano Iceland Review
The seismic activity in the area around Eyjafjallajökull glacier in south Iceland, which covers an active volcano, increased again last night with a series of smaller earthquakes measured between 3:40 and 5:20 am. The largest quake was 2.6 on the Richter scale.
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Icesave Talks: No Meetings Scheduled Iceland Review
No negotiation meetings are scheduled with the UK and the Netherlands on the Icesave loan terms this week, according to chairman of the Independence Party Bjarni Benediktsson. However, the Icelandic committee is reviewing certain legal issues.
Air Traffic Controllers on Strike in Iceland Iceland Review
A four-hour strike by air traffic controllers in Iceland began today at 7 am, which is causing delay to all scheduled flights to and from the country, as well as domestic flights. Five airplanes were supposed to depart from Keflavík International Airport between 7 and 11 am.