Oskar Hrafn Thorvaldsson, the News Director at Stod 2 TV, Bylgjan Radio and the Visir.is news website has resigned over a news story released last July. Read the full story

The editor-in-chief of the Swedish newspaper Fokus, has resigned from his position on the Press Subsidies Council after an extreme-rightwing newspaper was awarded state funds. Read the full story

Photos, drawings and videos are beginning to emerge of the Eyjafjallajokull eruption in Iceland. The volcano is over ten-times more powerful than the recent Fimmvorduhals eruption and is not showing any signs of easing off.

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Icelandic newspaper DV has been sold to a group of investors including its own joint editor. Read the full story

The Helsinki Court of Appeals has found in favour of Johanna Korhonen in her battle for wrongful dismissal. Korhonen had accused the Lapin Kansa newspaper of unlawful dismissal on the grounds that she was involved in a same-sex relationship. Read the full story

World media have been reporting on Wikileaks editor Julian Assange’s efforts to gain support in Iceland for making the country a haven for the world’s free press and whistle-blowers. Read the full story

An increasing number of British newspaper publishers and columnists are beginning to challenge the overall national perception of the week’s events regarding the President of Iceland’s decision to send the Icesave Bill to the nation. According to Michael Hudson in The Financial Times, Icelanders have been offered a way to describe their fears that the country could literally be ruined by taking on irresponsible or unnecessary levels of debts and interest rates. Read the full story

“Icelanders are not going to pay their debts generated at the time of the fall of the banks in 2008.” This is a common misunderstanding of the facts being played in the foreign media after the president of Iceland decided to send Icesave to a public vote. Read the full story

The headquarters of Icelandic newspaper Morgunbladid are too big and have been advertised for rent in part or in whole.

The building on the outskirts of Reykjavik houses editorial staff, production staff, the advertising department and the offices of Morgunbladid and is 4,000 square metres in size, RUV reports. The advertisement states that the premises could be available to be moved into at short notice. Read the full story

The journalists’ associations of Norway, Finland, Sweden and Denmark released a joint statement this week saying they have strong reservations about developments in the Icelandic media since the banking crisis, Read the full story