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Iceland News

Iceland bank suffers setback taking over homes for loan repayment

Paris - A unit of Iceland's Landsbanki has lost an appeal against French authorities which seized the debts of the clients who lost money in a scheme that had them mortgage their homes to bet on the stock market, sources said Thursday.
In the Media by AFP

EU mackerel deal with Norway and Faroes angers Iceland

K - The European Union has reached an agreement over controversial mackerel quotas with Norway and the Faroe Islands, prompting an angry reaction from Iceland on Thursday.The deal, agreed in London on Wednesday -- a week after negotiations with Iceland bro...
In the Media by AFP

EU, Iceland and Nordic mackerel quota talks break down

K - Negotiations over mackerel fishing quotas have fallen apart, Iceland said Thursday, extending a dispute dubbed "the mackerel war" that has been a thorny issue in the country's EU membership bid.The European Union, Iceland, the Faroe Islands and Norway ...
In the Media by AFP

Thousands protest in Iceland over EU membership bid exit

K - Thousands of protesters thronged the streets of the Icelandic capital Reykjavik Monday to demand a referendum after the government said it was dropping its EU membership bid without a popular vote.Police said around 3,500 protestors gathered outside th...
In the Media by AFP

Iceland to drop EU membership bid

K - Iceland will drop its EU membership bid without holding a referendum that was earlier promised by the two ruling Euro-sceptic parties, the government said Friday.The centrist Progress Party and the right-wing Independence Party agreed on a draft bill a...
In the Media by AFP

Iceland jails former Kaupthing bank bosses

Four former bosses of a failed Icelandic bank have been sentenced to prison terms for fraud and market manipulation, crimes which significantly contributed to the 2008 financial crisis that nearly bankrupted the Nordic island nation.
In the Media by Brett Wilkins - 1 comment

Op-Ed: Will relatives of crew, 'missing' on the Gaul, receive answers? Special

Kingston Upon Hull - In 1974 a trawler fishing out of Hull, in Yorkshire, went missing with the loss of all hands. Mystery and controversy surrounded the disappearance of the "Gaul" but now DNA tests being carried out on bodies found in Russia could provide answers.
Digital Journal Report by Eileen Kersey - 3 comments

First fatal shooting by police reported in Iceland

Police in Iceland shot and killed a man who fired a shotgun in his home on Monday, the first time a person has ever been shot dead by an armed officer in the nation's history.
In the Media by Brett Wilkins - 3 comments

Op-Ed: A loony rants against the big supermarkets

The supermarket is one of the most wondrous institutions to emerge from the 20th Century. Alas, not everyone sees it that way.
In the Media by Alexander Baron

Review: ‘Iceland Foods: Life in The Freezer Cabinet’ Special

There are those who would have us believe there is no such thing as the acceptable face of capitalism. Meet multimillionaire Malcolm Walker - he might change your mind.
Digital Journal Report by Alexander Baron - 1 comment
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Chart of Grimsvötn s seismic activity before and during eruption.
Chart courtesy Icelandic Met Office.
Chart of Grimsvötn's seismic activity before and during eruption.

Iceland Blogs

Wikileaks wins legal case against credit card company in Iceland

In Reykjavik the capital of Iceland, the district court ruled that Valitor, formerly VISA Iceland, violated contract...
Jul 12, 2012 by Ken Hanly - 1 comment


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