South Iceland Earthquakes Decrease in Strength

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

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.

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.

Nordic tax fraud probe stretches to Bahamas IceNews - Daily News

An information sharing contract has been signed between the Nordic nations and the Bahamas, intended to hinder Nordic tax evasion.
The contract signed yesterday allows Nordic tax authorities access to information on taxes paid and deposits made by Nordic citizens in the Bahamas and will help them track and assess those trying to hide taxable assets [...]

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.

Cabinet reshuffle on the way for Icelandic government? IceNews - Daily News

Some argue the Icelandic government has been weakened by Saturday’s massive ‘no’vote in the Icesave referendum and nobody believes its domestic position was improved by it. As a result, members are calling for something to be done.
Social Democrat and Left Green sources contacted by Frettabladid believe the easiest way to reinforce the government is to [...]

First Human Trafficking Conviction in Iceland Iceland News

Village Profile: Akureyri - ” Bustling with Life Akureyri promises visitors a lively stay with its many art galleries and museums, outdoor recreation in summer and winter, an awakening of the taste buds at the town’s gourmet restaurants and breathtaking views of natural sites around the corner.

Landsvirkjun opens the books The Iceland Weather Report

FM Belfast @ Home Plugged, Brussels 28. February 2010 I ♥ Icelandic Music

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.

Of human trafficking in the Land of the Nice The Iceland Weather Report

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.

Eloquent spammers The Iceland Weather Report