Posted on 06 February 2012. Tags: Iceland, kreppa, losses, money, pensions, public, tax
Icelandic tax payers are set to bear the heavy burden of recapitalising the government employees' pension fund (LSR). Billions of extra krónur are needed by the fund over the coming decades so it can stand up to its responsibilities.
Continue Reading
Posted in General, Iceland, MBL, Politics, Society
Posted on 04 February 2012. Tags: EU, Europe, fishing, Iceland, Politics
Former Icelandic government minister Jón Baldvin Hannibalsson (1987-95) says that the battle for Iceland's natural resources is not against the European Union and that is a purely domestic fight, he told a conference.
Continue Reading
Posted in Business, Energy, European Union, Iceland, MBL, Politics
Posted on 03 February 2012. Tags: danmarks radio, Denmark, DR, exposé, India, textiles
India has stopped issuing visas to journalists of Denmark’s public broadcaster, DR, due to a 2010 documentary focusing on working conditions within the country’s textile industry.
Continue Reading
Posted in Denmark, General, International, MBL, Politics, Technology, Travel
Posted on 02 February 2012. Tags: crime, finance, fridjon thordarson, Iceland, money laundering, Politics
A man accused of money laundering and then let off without charge is suing the Icelandic State and demanding an apology.
Continue Reading
Posted in Business, Iceland, MBL, Politics
Posted on 31 January 2012. Tags: bomb, disposal, Iceland, package, police, Politics, Reykjavik
A suspicious box was found early this morning at the corner or Hverfisgata in Reykjavík -- just outside the country's Prime Ministry. A bomb disposal robot blew the package up and others are being searched for.
Continue Reading
Posted in General, Iceland, MBL, Politics, Technology
Posted on 30 January 2012. Tags: Al Gore, antarctica, climate change, climate reality project, Environment, expedition, golbal warming, Iceland, Politics
Ólafur Ragnar Grímsson, the President of Iceland, and First Lady Dorrit Moussaieff, are currently sailing to Antarctica, according to the President's office near Reykjavík. Al Gore, Nobel laureate and former US Vice President invited them to visit the southernmost continent on the planet.
Continue Reading
Posted in Business, Canada, Culture, Education, Energy, Environment, General, Iceland, International, Lifestyle, MBL, Politics, Technology, Travel, United States
Posted on 30 January 2012. Tags: Iceland, Johanna Sigurdardottir, left wing, Politics
Jóhanna Sigurðardóttir, the Prime Minister of Iceland, says that it is important for the country's first ever left-wing government to complete the tasks it has set itself.
Continue Reading
Posted in Iceland, MBL, Politics
Posted on 30 January 2012. Tags: class, money, stockholm, Sweden, tour, tourism, wealth
Residents of a wealthy Stockholm suburb have complained to the police about a tour agency’s plan to run ‘high-society safaris’ in their neighbourhood.
Continue Reading
Posted in Business, Culture, Leisure, Lifestyle, MBL, Politics, Society, Sweden, Travel
Posted on 29 January 2012. Tags: crime, Denmark, law, Politics, sex
A number of Danish politicians are calling for harsher penalties for sexual crimes and an end to the legal absurdity that sees paedophiles and rapists given lesser sentences than minor fraudsters.
Continue Reading
Posted in Denmark, MBL, Politics, Society
Posted on 27 January 2012. Tags: children, culture, custody, India, Norway, Politics
The Indian embassy is attempting to secure the return of two toddlers, who their parents say were taken away from them in Norway due to “cultural differences”.
Continue Reading
Posted in Culture, General, Lifestyle, MBL, Norway, Politics