Posts Tagged ‘Reykjavik’

Famous Icelandic Artist Erró opens Show in Reykjavík

Sunday, September 19th, 2010

erroThe Erro – Collage exhibition offers, for the first time, an opportunity to discover a holistic selection of Erro’s collages from the Reykjavik Art Museum’s permanent Erro collection.

Ash Falls on Reykjavik, and Icelanders Shrug

Friday, May 14th, 2010

Although a fresh plume of volcanic ash has shut the main airport in Iceland again, reports from the nation’s capital suggest that Icelanders have adopted a stoic attitude to the crisis.

Quadruplos Release Party @ Venue, Reykjavik 14. May 2010

Friday, May 14th, 2010

Concert held to protest trial of Iceland parliament protesters

Thursday, May 13th, 2010

reykjavik-protestAn outdoor concert is planned for this Saturday in support of the nine people charged with assault at Althingi during last winter’s “pots & pans revolution”.

Among the acts who will play the event outside Iceland’s Althingi parliament in Reykjavik are Hjaltalin, Pall Oskar, KK og Ellen and Ari Eldjarn. In other words, several of Iceland’s biggest domestic music acts.

The concert is advertised on Facebook under the name Vorkoma (the Coming of Spring) and although free to attend, bank details will be handed out at the concert to those wishing to contribute to the nine protesters’ legal costs.

The protesters had their first court hearing yesterday and the Reykjavik District Court quickly filled with supporters. One man was arrested, DV.is reports.

The nine were arrested on charges of assault and violent conduct in the national parliament shortly before Christmas 2008 at a time when the government was under intense pressure to resign.

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

Eyjafjallajokull volcano eruption ash for cash in Iceland

Wednesday, May 12th, 2010

Iceland volcano ashFor some businesses in Iceland, the Eyjafjallajokull volcano has had a positive impact and been a great boost for Icelandic tourism and entrepreneurship.

A small Icelandic company has collected ash from the Iceland volcano, filtered, dried and bottled it into small resealable glass containers ready to sell. The box can be opened so you can feel the texture and smell of the latest work of nature from ‘The Land of Fire and Ice’.

The glass containers of volcanic ash are the hottest souvenirs from Iceland right now and consequently are available in most tourist shops in downtown Reykjavik, as well as online at Iceland’s premier online store, Nordic Store.

The Nordic Store is a leading online shop in Iceland that focuses on providing and selling the Internet shopper with the biggest selection of Icelandic products. The products on sale range from clothes, jewellery, music, DVDS, maps, travel guides, books, arts and crafts, health and beauty, souvenirs, and even food and beverages.

To purchase some genuine Iceland volcano ash visit www.nordicstore.com

Yet another day of Iceland banking arrests

Tuesday, May 11th, 2010

kaupþing2Ingolfur Helgason, the former Director of Kaupthing Iceland, and Steingrimur Karason, former CEO of the bank’s risk management department, were both arrested today upon arriving back in Iceland. They went straight to interrogation with the Special Prosecutor and are being held in police cells.

Helgason and Karason were both very near the top of the Kaupthing chain-of-command and worked closely with former Director, Hreidar Mar Sigurdsson and Sigurdur Einarsson, the former Chairman of the Board. It is not yet known whether the Special Prosecutor will allow the pair to be released, or if he will request that the Reykjavik District Court remand them in custody, as happened with Sigurdsson and Magnus Gudmundsson (former CEO of Kaupthing Luxembourg), Visir.is reports.

Hreidar Mar Sigurdsson and Magnus Gudmundsson were arrested last Friday and remain in the Litla Hraun prison; but Sigurdur Einarsson has not obeyed the Special Prosecutor’s summons to return to Iceland for interrogation this Friday – despite a promise that he would not be arrested upon arrival. He has, however, invited the Special Prosecutor, Olafur Thor Hauksson to fly out and interrogate him in the UK.

Yet another day of Iceland banking arrests

Tuesday, May 11th, 2010

kaupþing2Ingolfur Helgason, the former Director of Kaupthing Iceland, and Steingrimur Karason, former CEO of the bank’s risk management department, were both arrested today upon arriving back in Iceland. They went straight to interrogation with the Special Prosecutor and are being held in police cells.

Helgason and Karason were both very near the top of the Kaupthing chain-of-command and worked closely with former Director, Hreidar Mar Sigurdsson and Sigurdur Einarsson, the former Chairman of the Board. It is not yet known whether the Special Prosecutor will allow the pair to be released, or if he will request that the Reykjavik District Court remand them in custody, as happened with Sigurdsson and Magnus Gudmundsson (former CEO of Kaupthing Luxembourg), Visir.is reports.

Hreidar Mar Sigurdsson and Magnus Gudmundsson were arrested last Friday and remain in the Litla Hraun prison; but Sigurdur Einarsson has not obeyed the Special Prosecutor’s summons to return to Iceland for interrogation this Friday – despite a promise that he would not be arrested upon arrival. He has, however, invited the Special Prosecutor, Olafur Thor Hauksson to fly out and interrogate him in the UK.

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.

Air travel normalising again as volcano changes behaviour

Tuesday, May 11th, 2010

eyjafjall2-little2Keflavik International Airport and Reykjavik’s domestic airport both re-opened yesterday afternoon, and ash cloud forecasts show clear skies for the foreseeable future and no further closures predicted for the time being.

The same is true for affected airports in Scotland, Ireland and southern Europe.

Meanwhile RUV reports a series of earthquakes under and around Eyjafjallajokull which could signal changes to the volcanic eruption.

According to geophysicist Steinunn Jakobsdottir, the quakes could be a sign of a new vent about to open. The volcano already has three vents, but only the one on the northernmost edge is still erupting.

Ash fall in the area has been decreasing and is currently very fine but large rocks have replaced the ash production, apparently caused by the earthquakes. The rocks are being shot high up into the air and crashing down onto the glacier, making holes in the ice. The size and weight of the rocks means that they are a very localised problem and only fall very near to the volcano.

Sunday night meeting for Icelandic government

Monday, May 10th, 2010

ríkisstjórn-íslandsThe Icelandic cabinet met last night in Reykjavik to discuss the nation’s finance and the proposed merger of several ministries.

“This is just a work meeting which will cover national finances and the budget, preparation, and where we stand with regard to big and vital projects,” Finance Minister Steingrimur J. Sigfusson told reporters on the way in to the unusual Sunday night meeting.

Government spending targets are going well according to plan, Sigfusson said; adding that interest costs are lower than had been anticipated. “But when it comes to the income side, some are on target and others below, now we need to address those and (adapt) the financial plan.”

Prime Minister Johanna Sigurdardottir said that the government’s finances are still in a very difficult state. “It is clear to see that the recession has been less severe than expected meaning that we hope to be able to sort this out – but it will be difficult,” she said.

Harpoon: Reykjavik Whale Watching Massacre

Saturday, May 8th, 2010

Certificate : 18 Country : Iceland Directed by : Julius Kemp Starring : Pihla Viitala Nae Terence Anderson Miranda Hennessy Aymen Hamdouchi Carlos Takeshi Miwa Yanagizawa Halldora Geirhar sdottir Gu laug Olafsdottir Snorri Engilbertsson Gunnar Hansen Helgi Bjornsson Bjarni Gautur Gu run Gisladottir Ragnhildur Steinunn Jonsdottir Stefan Jonsson …

Vilnius Gay Pride ban “a human rights setback”

Saturday, May 8th, 2010

council-of-europeSwedish diplomat and Council of Europe Commissioner for Human Rights, Thomas Hammarberg speaks out on the Lithuania Gay Pride ban:

“I am seriously concerned about the decision of the Vilnius District Administrative Court to suspend the permit given by the Vilnius municipality to hold the Baltic Pride march “For Equality”, scheduled for 8 May.

“If the suspension of the permit will be prolonged and lead to a definite ban of the march, this means a setback in the implementation of agreed human rights standards.
In particular, the right to peacefully assembly guaranteed by the European Convention on Human Rights, as well as by the Lithuanian Constitution, is hindered.

“This right applies to all persons, including lesbian, gay, bisexual and transgender (LGBT) persons. States have therefore a positive duty to ensure that Pride festivals or demonstrations promoting LGBT rights can take place peacefully and that participants are protected, even if the ideas they promote may annoy or upset other people.

“Banning Pride festivals is alien to the values of a modern European country and contrary to Council of Europe standards.

“I hope that the decision will be overturned and that the Baltic Pride march can take place with all the guarantees of security and protection for the participants.

“This could also be an occasion to foster a constructive dialogue in the Lithuanian society to overcome persistent discrimination based on sexual orientation and gender identity, which is still an unfortunate reality also in many other European countries.

“LGBT persons are human beings and deserve to enjoy the same rights as others.”

Thomas Hammarberg
Council of Europe Commissioner for Human Rights

Adventure Land

Friday, May 7th, 2010

Former CEO of the Icelandic bank Kaupthing, Hreidar Mar Sigurdsson, was given a 12-day custody sentence in Reykjavik District Court today at the request of the Special Prosecutor’s Office.

Icelandic volcano emits more ash, fresh closures expected

Friday, May 7th, 2010

REYKJAVIK : An Icelandic volcano which wreaked havoc on European aviation last month has sent up a new plume of ash and is set to emit another cloud of debris after surging back to life, meteorologists said.

Alaska Airlines and Horizon Air in codeshare with Icelandair

Friday, May 7th, 2010

A year after Icelandair launched new service to Seattle, Seattle-based Alaska Airlines and sister carrier Horizon Air have jointly applied for a codeshare arrangement with the Reykjavik-based carrier.

REYKJAVÍK ARTS FESTIVAL May 12 – June 5 2010

Thursday, May 6th, 2010

This year marks the 40th anniversary of the Reykjavik Art Festival

Former Kaupthing bank boss Hreidar Mar Sigurdsson arrested in Iceland

Thursday, May 6th, 2010

Hreidar Mar Sigurdsson The former President of Kaupthing Bank, Hreidar Mar Sigurdsson has been arrested in Reykjavik, accused of criminal malpractice.

Police arrested Sigurdsson on the orders of Iceland’s Special Prosecutor into the banking crisis, Olafur Thor Hauksson. Hauksson and his team continue to work closely with international white-collar crime investigator, Eva Joly.

The Special Prosecutor put in a request for two weeks’ police custody to the Reykjavik District Court today, but the judge decided to adjourn the case for a day. This means that Hreidar Mar Sigurdsson will stay in police cells until tomorrow at the earliest, and possibly longer if he does not receive bail, Visir.is reports. If convicted, he faces up to eight years in jail.

The Special Prosecutor and his team have been investigating alleged ‘institutionalised market abuse’ within Kaupthing; and the investigation even included raids in Luxembourg.

According to RUV, Sigurdsson was arrested on charges of filing/documentation infractions (IS: skjalabrot), embezzlement, breaking laws on bond trading, and for breaking the laws governing limited companies.

Hreidar Mar was the President of Kaupthing Bank for many years following its privatisation and also had the dubious honour of being Icelandic ‘Tax King’ (Tax records in Iceland are made public for a short period each year, and it is assumed that the highest tax payers – or Tax Kings – are also the highest earners).

Current eruption in Iceland causes drop of tourists

Thursday, May 6th, 2010

The current volcanic eruption in South Iceland caused a 17 percent drop in arrivals to the country through Keflavik International Airport in April, according to reports from Reykjavik on Thursday.