Posts Tagged ‘Iceland’

Mayor of Reykjavík Protests Outside Parliament

Monday, September 20th, 2010

jongnarr03_psMayor of Reykjavík Jón Gnarr is among the people currently protesting human rights violations in Slovakia outside Althingi, the Icelandic parliament, in a demonstration organized by the Iceland division of Amnesty International.

Minister of Finance Says Dutch Have Nothing to Fear

Sunday, September 19th, 2010

steingrimurjsigfusson_pkIn an interview with De Telegraef, the biggest newspaper in Holland, Minister of Finance, Steingrímur J. Sigfússon, said that the Dutch people have nothing to fear, Iceland will pay up the Icesave-bill.

Ash Cloud No-Fly Zones Confined to North Atlantic as…

Friday, May 14th, 2010

Volcanic ash from the eruption in Iceland continued to clear today, with no-fly zones limited to an area close to the crater and another north of Scotland and west of the Faroe Islands.

Warm hearts and clear minds in Iceland [ Muhammed Et N ]

Thursday, May 13th, 2010

For just over a week I have been giving lectures and attending workshops on intercultural dialog and civic service ethics in Baltic and Scandinavian countries, and I am heartened by the level of interest and feedback from European academics and statesmen.

Arrest warrant issued for Iceland banker

Thursday, May 13th, 2010

WARRANT ISSUE: The former chairman of failed Icelandic bank Kaupthing was defiant in the face of an international arrest warrant issued this week.

Gramercy co-ops worth $25 million targeted in international lawsuit

Wednesday, May 12th, 2010

From left: 50 Gramercy Park North and 2 Lexington Avenue Two luxury cooperatives in the Gramercy Park neighborhood worth a combined $25 million are tied up in a legal action brought by a bank in Iceland that claims a former shareholder and former company executives looted it for more than $2 billion.

Chairman of Kaupthing wanted by Interpol

Wednesday, May 12th, 2010

kaupþing3The former Chairman of Kaupthing Bank, Sigurdur Einarsson, is now on the wanted list of the international police co-operation bureau, Interpol.

After failing to acquiesce to Special Prosecutor Olafur Thor Hauksson’s request to come home to Iceland for intrrogation, the prosecutor requested and received an arrest warrant yesterday from the Reykjavik District Court.

Einarsson’s Wanted-poster on the Interpol website states that he is wanted for counterfeiting/forgery and fraud.

Einarsson told Icelandic media over the phone from London that he has no intention of returning to Iceland unforced, adding that the arrests so far have been based on no credible evidence and are just being carried out to appease public anger.

If arrested in the UK, the courts there will have to decide whether or not to deport him to Iceland.

http://www.interpol.int/public/data/wanted/notices/data/2010/68/2010_21468.asp

Worldwide Freezing of Iceland Tycoon’s Assets Requested

Wednesday, May 12th, 2010

A London court has requested the freezing of assets held by Icelandic tycoon Jón Ásgeir Jóhannesson around the world, according to an announcement released by the winding-up committee of the Icelandic bank Glitnir last night. Moreover, Glitnir’s case against Jóhannesson began in New York yesterday.

Former Chair of Iceland’s Kaupthing Wanted by Interpol

Wednesday, May 12th, 2010

Iceland’s Special Prosecutor Ólafur Thór Hauksson issued a warrant for the arrest of former chairman of the Icelandic bank Kaupthing Sigurdur Einarsson yesterday. Einarsson, who lives in London, is now wanted by Interpol.

Volcanic cloud forces Iceland’s main airport to close

Wednesday, May 12th, 2010

Ash from an Icelandic volcano that caused Europe to close its skies forced the Nordic country’s main airport to shut Friday, as international tourism chiefs said the crisis had cost their industry 1.7 billion euros.

Iceland Issues Warrant for Kaupthing’s Einarsson, Interpol Says on Website

Wednesday, May 12th, 2010

Iceland issued an arrest warrant for former Kaupthing Bank hf Chairman Sigurdur Einarsson , according to the website of Interpol, the worlda s largest international police organization.

Birds in Iceland Undisturbed by Volcanic Ash

Tuesday, May 11th, 2010

The eruption in Eyjafjallajökull doesn’t appear to have impacted the bird life in Iceland much, according to Jóhann Óli Hilmarsson, chairman of the bird preservation society Fuglavernd. Only the fulmar was a bit confused to begin with but quickly found its way.

Air traffic ‘close to normal’ despite ash cloud, Eurocontrol says

Tuesday, May 11th, 2010

Air traffic in Europe was “close to normal” on Tuesday despite reported airport closures in Spain and Portugal due to a volcanic ash cloud from Iceland, the European agency for air safety, Eurocontrol, said.

Man Dies While Paragliding in Iceland

Tuesday, May 11th, 2010

The police in Selfoss received a call yesterday afternoon that a man had hit a cliff on the western slope of Mt. Ingólfsfjall while paragliding. Emergency services from Selfoss and Hveragerdi went to the scene immediately but the man was dead when they reached him.

Supreme Court Confirms Custody of Iceland Bankers

Tuesday, May 11th, 2010

The Supreme Court of Iceland confirmed yesterday the custody ruling over former CEO of Kaupthing Hreidar Már Sigurdsson and former director of Kaupthing in Luxembourg Magnús Gudmundsson.

Kaupthing bank boss custody upheld by Supreme Court

Tuesday, May 11th, 2010

olafur-thor-littleThe Supreme Court of Iceland yesterday evening upheld the decision of the Reykjavik District Court to remand former Kaupthing bosses Hreidar Mar Sigurdsson and Magnus Gudmundsson in custody.

The Reykjavik District Court Friday granted the Special Prosecutor’s wish to hold Sigurdsson for 12 days and Gudmundsson for a week and both decided to appeal to the Supreme Court.

DV reports that the Special Prosecutor requested that the District Court not publish details of the hearing on its website, as it usual, because their disclosure could damage the ongoing case against the two men.

Six middle managers and other employees of Old Kaupthing have been interviewed by the Special Prosecutor since Friday. The reason the two men are being held at this stage is to remove them from the conversation and ensure they cannot influence the case.

More people have been invited to interview in Reykjavik, including two from Luxembourg. Sigurdsson and Gudmundsson both face lengthy prison sentences if found guilty of fraud, embezzlement and market manipulation.

Rotten meat

Tuesday, May 11th, 2010

Iceland’s menu goes wild. ONE thing you won’t hear in Eythor Halldorsson’s restaurant are complaints about the shark being rotten.

Insurance Fraud Widespread in Iceland

Tuesday, May 11th, 2010

The cost of insurance fraud in Iceland amounts to at least ISK 3 billion each year. According to an evaluation by VÍS Insurance, insurance companies are being defrauded in ten to 15 percent of cases where insurance benefits are paid out.

Iceland World’s Third Best Place for Mothers

Monday, May 10th, 2010

Iceland places third on Save the Children’s list of countries where it is easiest being a mother in 2010, up by one place since last year. Iceland is topped by Norway and Australia and followed by Sweden and Denmark.