Archive for the ‘Iceland’ Category

Ultimate holiday in Iceland with Icelandair for spring 2012

Wednesday, March 14th, 2012

Iceland’s leading airline Icelandair has announced a new package deal that aims to be the ultimate holiday in Iceland for spring 2012.

Spring is an incredible time to visit Iceland. During this time of the year, the days become longer but still get dark enough at night to catch a last glimpse of the Northern Lights before they disappear during the summer months. This extra period of daylight also gives travellers a few more hours to explore the exciting sights of Iceland, including waterfalls, geysers and other areas of natural beauty.

In order for travellers to experience the best of Iceland, Icelandair has recently launched its ‘Ultimate Iceland Holiday’ package deal, which includes return flights from London Heathrow, Manchester and Glasgow; three nights accommodation including breakfast; a Reykjavík city tour; Golden Circle tour; a whale watching cruise, and an afternoon at the Blue Lagoon spa.

After a short flight to Reykjavík and a day settling in, the second day features a tour of Reykjavík with a local tour guide. After a break for lunch, the itinerary continues with a trip to the countryside to circumnavigate the famous Golden Circle route. Stops include Gullfoss, one of Iceland’s most majestic waterfalls, and the Geysir geothermal area. Then there is time to explore Þingvellir National Park, home of the first Viking parliament.

Day three begins with a Reykjavík whale watching cruise on scenic Faxaflói Bay, which boasts whale sightings of around 98 percent. The most common sightings are minke and humpback whales, and puffin sightings are also very common.  After that, the tour visits the Reykjanes peninsula, home to the Blue Lagoon, a beautiful geothermal spa set in the middle of a lava field. The afternoon is spent relaxing in the healing waters of the Blue Lagoon. Day four is a free day and the perfect time to do some shopping in one of Reykjavik numerous boutique stores.

For more information regarding the ‘Ultimate Iceland Holiday’ package deal with Icelandair, visit www.icelandair.co.uk.

Landsdómur trial: last day of testimony

Wednesday, March 14th, 2012

Witness testimony in the Landsdómur court case against the former Icelandic PM came to an end yesterday. 40 witnesses have been called throughout the case.

The final witness yesterday was current commerce, trade, fisheries and agriculture minister, and leader of the Left Green Movement, Steingrímur J. Sigfússon. He was in opposition when Geir H. Haarde was Prime Minister during the banking crash. Steingrímur reiterated to the court what he has said publicly since the crash: that he saw a danger of a banking crisis in Iceland several years before it happened, but that his warnings fell upon deaf ears.

Árni M. Mathiesen, who was Geir Haarde’s finance minister, told the court that financial and banking matters were regularly discussed at cabinet meetings. His comments directly aimed at the charge against Geir that he neglected to discuss important matters with other ministers. He said that it was the opinion of the entire cabinet before the crash that the size of the banks needed to be reduced, and that he and Geir had discussed the matter with bank executives.

Árni said he does not feel the charges of negligence against Geir hold water and that he sees no way the court will be able to pin guilt upon him — adding that government action against the banks would have been needed all the way back in 2003 in order to prevent their demise. Árni’s testimony was similar in content to that of other ministers within Geir’s cabinet.

Steingrímur J. Sigfússon said that he had seen the crash coming since 2005 but government, the media and public institutions were not ready to listen. Asked in court if there was anything Geir or his government could have done in 2008 to prevent the crash, he said it is now hard to tell.

Steingrímur was the last witness of the trial, but following him Geir Haarde was called back to the stand to explain and clarify certain things. He told the court that there had, in fact, been no shortage of talks and plans for possible courses of action. It was, on the other hand, simply not possible to do all that needed to be done.

The court will reconvene on Thursdayat 13.00 to hear the Alþingi prosecutor’s final summing up.

Dramatic shootout at Stockholm jewellery store

Wednesday, March 14th, 2012

Stockholm residents were left running for cover when police entered into a shootout with a gang of thieves at a jewellery store in the centre of the city.

Officers fired a total of 16 shots, the majority of which went through the window of a nearby gym, after the thieves apparently fired at them while trying to escape last Tuesday afternoon.

“At first I thought it was firecrackers, but when I looked outside I saw police with machine guns and shields over their faces. Everyone ran for cover,” eye witness Mats Wiksten told the Expressen newspaper. “There was a group of school children who had just left school who ran like crazy,” he added.

Three people were arrested on suspicion of robbery, and it is not believed that anyone was injured in the shootout.

“We’re looking around the area to make sure that no one was hurt,” police spokesperson Ulf Lindgren told the TT news agency. “When officers arrived the perpetrators were still there and just about to make their getaway.”

Eleven of the 16 shots fired by officers went through the window of a nearby gym, narrowly missing patrons and employees.

“We had guardian angels,” gym owner Per Althini told Expressen.”If the girl at the reception had been ten centimetres to the right, she would have been hit,” he said. “When you stand here and look at all the bullet holes at such heights…if someone had been standing in the wrong place, it wouldn’t have been fun,” Althini told the newspaper.

Landsdómur Court – Day Six

Wednesday, March 14th, 2012

geir_haardeThe former Minister for Foreign Affairs, along with several bank executives, testified before Landsdómur court on Monday, day six of the trial.

Retro Stefson Set for SXSW

Tuesday, March 13th, 2012

reykjavikfolkfestival2011Icelandic band Retro Stefson is headed for the U.S.

More Than 160 Meyer Sound Loudspeakers For Icelanda s Harpa Concert Hall & Conference Centre

Tuesday, March 13th, 2012

Harpa Concert Hall and Conference Centre in Reykjavik, Iceland is a keystone element in Iceland's bid to become a first-tier destination for both business meetings and arts events.

Icelandic Footballer in Huge Demand

Tuesday, March 13th, 2012
gylfi_thor_sigurdssonGylfi Þór Sigurðsson has performed extremely well with the rookie team in the English Premier League.

Verkís Receives Gold

Tuesday, March 13th, 2012

The engineering firm Verkís has become the first Icelandic firm to receive a gold prize from Pricewaterhouse Coopers.

Verkís Receives Gold

Tuesday, March 13th, 2012

icelandickrona_ipaThe engineering firm Verkís has become the first Icelandic firm to receive a gold prize from Pricewaterhouse Coopers.

Bus Bursts into Flames

Tuesday, March 13th, 2012

bus_psAll passengers got out safely when a bus burst into flames yesterday.

Loophole in Iceland exchange controls closed by secretive bill

Tuesday, March 13th, 2012

The Icelandic parliament late last night changed the law on currency exchange restrictions to close a loophole which had been discovered. Lawmakers were careful to keep their intentions secret until after the markets closed yesterday afternoon.

The bill was approved with 25 votes against 12 and three MPs did not vote. 23 MPs were presumably therefore not present at the late night session.

Vísir.is reports that the initial bill presented was deemed by parliamentarians to be too harsh and changes were made to it after its second reading to allow cash deposits held in foreign currencies and owned by foreign investment firms or the Central Bank of Iceland to be exempt from the tightened regulations. Such deposits are defined at the level they stood at at end of day on 12th March.

Alþingi MPs were surprised to be called to unscheduled parliamentary party meetings to discuss the secret bill they had not been told about, as soon as the currency markets closed at 16.00.

It is assumed the goal of the act is to stem the ongoing recent decline in the value of the Icelandic króna. The closing of the loophole in the exchange controls comes at an interesting time, when officials have already begun the slow process of removing the restrictions altogether.

Changes to Currency Restrictions

Tuesday, March 13th, 2012
althingi-parliament_ipa

A parliamentary meeting was called yesterday to plug a loophole in the currency restriction law.

Dispatches from Iceland

Tuesday, March 13th, 2012

Back in 2000, there was much talk about reforesting once-verdant Iceland. Not much progress has been made, but, hey, you can see trees anywhere.

The Living in Copenhagen Diary entry number three: Parlez vous Français?

Tuesday, March 13th, 2012

 The third in a new series of light-hearted columns about life as a foreigner living in the Danish capital.

Written for IceNews by Simon Cooper

The first language I hear spoken on weekday mornings isn’t Danish or even English – it’s French. Not because I make a habit of misplacing myself each night after litres of Carlsberg, nor that the natives enjoy going on strike and feel it would have more impact in the connoisseur’s lingo, but because my street – Værnedamsvej – is a hotbed for Copenhagen’s French community.

Each morning at around 8am, as I slump out of my flat into the auspicious grey of the morning, a gaggle of Gallic mothers are assembled outside Falernum wine bar at the foot of our building, furiously fumée-ing over espressos, having just taken their kids to the Prins Henriks Skole across the way.

Nearby, the Arabic kiosk owners ready themselves for the day, ducking with crates of fruit and vegetables from parked trucks that consume half of the five-metre wide road. In the middle, a spine of chic cycling commuters makes complacent crossing an uncomfortable task. That said, I love the vitality. It’s a rare instance of the ‘hustle and bustle’ of morning trade in the city.

Værnedamsvej is, arguably, the second most famous city thoroughfare after the endless Strøget (a street with as many alternative pronunciations as shoe shops – i.e, a lot). The guidebooks purr over it.

‘Little Paris’ was originally chiselled as a through route between the neighbouring Vesterbrogade and Gammel Kongsvej roads, and lies on meeting border of the gentrified Vesterbro and the affluent Frederiksberg districts, making it fly paper to middle class families and trendy young couples. The place is also toy town of Parisian patisseries and delicatessens, overpriced but fancy threads and designer dog denim. The latter coming in the form of a shop which takes care of everything from pooch manicures and coiffure to waistcoats, moonboots and probably shrugging lessons.

Said boutique is the cornerstone of my indifference towards Værnedamsvej as a place to actually spend time. I accept that it’s quality, and I love living there and walking through, especially during extremes of the day and night, but I can’t handle the pretentiousness. I’d also rather go around the corner to avoid having to pay 100 Kroner (13 Euros) for eight small beers. The price, and sometimes attitude, hike is blatant.

Yet the sheer location, my flatmates, and the fact I live above a bar (so handy in fact that one sleepless night I left my bed to go down and have a beer – without even stopping to put shoes on), make it sweet. All that, and the slight français madness of in the mornings.

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Born in London in 1984, raised in the English countryside and a graduate of journalism, Simon Cooper moved to Copenhagen in October 2009 where he has worked as an English language teacher, technical writer and freelance journalist – as well as barman and (very) occasional removals driver. “Learning Danish has been proving fascinating but difficult, and I’ve developed a penchant for sausages and the saltiest liquorice I can get my hands on. Then there’s the beer,” Simon laughs. He writes about food, culture and travel and has had articles published in English language newspaper The Copenhagen Post, in-flight magazine Baltic Outlook and American magazine Nordic Reach, among others.

The fourth instalment of the Living in Copenhagen Diary will appear on IceNews next week

Politics & the Popular President (PS)

Tuesday, March 13th, 2012
palli-dlTrust in the Alþingi is at a record low, thanks to Vigdís, Þór and Jón.

Finnish grammar grumps’ noun praised

Tuesday, March 13th, 2012

A Finnish name for a grammar pendant has been praised by an American website, which picked out the top foreign words that should be assimilated into the English language.

Cracked.com, a humorous website, said ‘pilkunviilaaja’, meaning ‘comma nitpicker’ in Finnish, is one of their all-time favourite foreign nouns.

The website explains the meaning to be: “a person who believes it is their destiny to stamp out all spelling and punctuation mistakes at the cost of popularity, self-esteem and mental well-being.” It adds that the moniker is much less complicated and offensive than ‘grammar Nazi’, commonly used in the UK and US.

Other winning foreign phrases included ‘Neidbau’, a German term for buildings that were constructed only to annoy neighbours, and ‘Pochemuchka’, a Russian expression for someone who asks too many questions.

Former Icelandic PM’s trial: Day Six

Tuesday, March 13th, 2012

Ingibjörg Sólrún Gísladóttir

Yesterday was the sixth and penultimate day of witness testimony at the court case against former Icelandic Prime Minister Geir H. Haarde. Six people testified at the Cuture House in Reykjavík and one testified by telephone from Canada. Today is the final day of witnesses.

The first witness was former foreign minister and head of the Social Democrats, Ingibjörg Sólrún Gísladóttir; but the day overall belonged to the bankers. Ingibjörg was followed on the stand by Sigurður Einarsson, former chairman of the board at Kaupþing; former Glitnir director, Lárus Welding; joint former directors of Landsbanki, Halldór J. Kristjánsson and Sigurjón B. Árnason; former chairman of the board at Landsbanki, Björgólfur Guðmundsson; and Stefán Svavarsson, Landsbanki’s former chief auditor.

Landsbanki representatives told the court that they had stopped discussing moving Icesave funds to a subsidiary in the United Kingdom because of political wrangling over the issue in London. Once that decision had been made, the bank’s liquidity position became largely irrelevant. Landsbanki and the level of funding in the Icelandic depositors’ insurance fund were discussed in the British parliament in summer 2008.

In her testimony, Ingibjörg Sólrún Gísladóttir said that she found it “completely obvious” that if one bank fell, the others would follow. She said the point was discussed within the Social Democrats as early as March 2008.

She also told the court that part of her party colleague Össur Skarphéðinsson’s testimony last week was not true. She asserted that she never told him to avoid telling the commerce minister about the emergency meeting at the Central Bank of Iceland; adding that anyone who knows her personally knows that the phrase “keep it under wraps” (in English) is not something she would generally say. She said she would never be as devious as to use a major crisis to score points against a fellow minister.

In a further rebuttal she said former governor of the Central Bank Davíð Oddsson’s claim that she advised providing the banks with a EUR 40 billion state-backed loan to save them was not true; asking how she could have made such a recommendation from the New York hospital operating theatre she was in at the time. She said the recommendation must have come from her stand-in as Minister for Foreign Affairs; Össur Skarphéðinsson.

Among the points made by Björgólfur Guðmundsson were that, contrary to popular belief, Icesave did not amass huge deposits in the UK solely because of its market beating interest rates; but also because the accounts were good, the service was good and people recommended them to others and were satisfied customers. He added that he did not see much constructive the Icelandic government could have done to push the issue of moving Icesave to a British subsidiary.

This article is compiled from reports by RÚV.

(Homepage photo: VisitReykjavik.is)

Rolling Stone Praises “Grandma Lo-Fi”

Tuesday, March 13th, 2012
rolling_stoneAn Icelandic documentary received high praise from Rolling Stone.

Loonie support grows in Iceland as 70% back adopting Canadian currency

Tuesday, March 13th, 2012

Canada's loonie has recently been cited as a frontrunner ahead of even more popular currencies such as the United States' greenback.


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