An Icelandic cabinet meeting at the official presidential mansion of Bessastadir has ended and the reshuffle of the government is now official. One departing minister made his last official act to approve a Dutch application to bring old Russian fighter jets to Iceland for international war games. Read the full story

Spaugstofan, Iceland’s most famous weekly comedy sketch show, will not be consigned to history as had previously been reported. Despite being dropped from RUV for monetary reasons, the show’s creators this week signed a deal to move over to rival station, Stod 2. Read the full story

The new Dreamliner, also known as the Boeing 787, is currently stationed at Iceland’s Keflavik International Airport for testing in side winds. This is only the second time the brand new aircraft has left the USA. Read the full story

Yesterday’s clinching of a deal to sign Icelandic international Eidur Smari Gudjohnsen is being hailed as something of a coup for Stoke City FC in England’s Premiership. But he doesn’t come cheap. Read the full story

The Icelandic government is set for a shake-up in the next few days; probably today or when parliament returns for the first day of the autumn term tomorrow. There will be two fewer ministers than at present. Read the full story

The co-founder of Iceland’s Bonus supermarkets, Johannes Jonsson, has been removed from the board of Hagar following a decision by Arion Bank that both parties’ best interests are no longer served by working together. Read the full story

The world’s biggest sailing ship is currently on its way to Iceland, according to Russian news website, Ria Novosti. The ship is called Sedov and is a three-masted barque. Read the full story

Interest in forests and the growing of trees in Iceland has increased since the economic crisis hit, according to the head of the Icelandic Forestry Association. There is now forest growing on over 20,000 hectares all over Iceland. The organisation celebrated its 80th birthday at Thingvellir yesterday. Read the full story

If the patterns of recent years continue, Iceland’s Westman Islands could lose their famous puffin colony altogether. The reason is a collapse in the sand eel population. Read the full story

The debts of Reykjavik Energy went down by ISK 12 billion (USD 99.5 million) between the first and second quarters of this year due to the strengthening krona. Despite that, the company is to increase its prices to consumers by 28.5 percent. Read the full story