The first in a regular series of columns by Chay Lemoine: Gudny Halldorsdottir’s Honour of the House Continue Reading

(Icelandic government press release): The Government of Iceland has for the last three weeks been engaged in a dialogue with the Governments of the Netherlands and the United Kingdom, hoping for a resolution of the Icesave matter. Discussions to date have been constructive and Iceland is confident that a mutually acceptable solution can be reached. The Icelandic negotations committee returns today from London. Iceland remains committed to a continued dialogue and is hopeful that discussions will resume as early as next week..

(Icelandic government press release): The negotiation committee representing the Icelandic government met today with representatives of the UK and Dutch governments in the Icelandic embassy in London. Continue Reading

Press release from the Icelandic Prime Minister’s office:

Ms. Jóhanna Sigurðardóttir, Prime Minister of Iceland met today with Mr. José Manuel Barroso, President of the European Commission and Mr Olli Rehn, Commissioner for Enlargement and Commissioner Designate for Economic and Monetary Affairs. Continue Reading

The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. The deposit rate (current account rate) will be lowered to 8%. The maximum bid rate for 28-day certificates of deposit (CDs) will be 9.25%. The seven-day collateral lending rate will be 9.5% and the overnight lending rate 11%. (Central Bank press release)

An economic analysis written by Nordea, the Baltic and Scandinavian financial services group:

At the threshold of the new decade it is clear that the world economy has finally moved out of recession. Continue Reading

An opinion piece written by Ellen Hodgson Brown J.D., a California attorney and the author of eleven books, including “Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free,” available in English, Swedish and German:

Total financial collapse, once a problem only for developing countries, has now come to Europe. Continue Reading

Prime Minister’s Office, Press Release : “I would like to emphasize that the Economic Programme in co-operation with the IMF should continue without interruption, even though a solution to the Icesave matter will be postponed because of the planned national referendum,” the Prime Minister of Iceland, Jóhanna Sigurdardóttir, said today in a letter to the Managing Director of the International Monetary Fund, Dominique Strauss-Kahn. Continue Reading

(Press release from the Icelandic government):

The Foreign Minister of Iceland, Ossur Skarphedinsson, spoke today with Miguel Angel Moratinos, the Foreign Minister of Spain, which holds the Presidency of the European Union. Continue Reading

The ‘Energy for Debt’ proposal is able to revitalise the Icelandic economy very quickly and direct structural development in the right (i.e. 21st century, with all its energy/resource deficit-based) direction. Good for Iceland, good for the UK, good for Holland. Continue Reading