IMF - the kiss of death ?

New book has been published about the banking crash in Iceland last year.The author is mr. Styrmir Gunnarsson, former editor of the newspaper ,Morgunbladid.In his book , mr. Styrmir talkes about when tyhe CEO of the Icelandic Central Bank, mr. David Oddson ,met mister Timothy...

National Assembly in Iceland - video

Today ,there was a national assmebly, 1500 hundred people,discussing what values should be in ICeland.They where selected from every part of ICeland,through random selection,using the national registry.Nine...

Teenagers protest in ICeland - video and photos

Due to the banking crisis and economy problems here in ICeland ,everybody has to save money.And the towns and city must save to.One town near just south of Reykjavik ,Hafnarfjordur,has been cutting down expences,...

Iceland corrupt ?

According to a opinion poll,made here in Iceland ,by The University of Bifrost , Iceland is pretty corrupt.The asked 1350 individuals,and and 63% answered the poll. 67 % of those that answered ,think that Icelands politics and goverment system is very corrupt . But according...

Strange sentences in Iceland -

A 38 year old man ,was sentenced yesterday by a county court in the sout part of Iceland.He was sentenced for giving alcohol and sexually abusing two times, a thirteen year old girl.He used her inexpieriance and that she had drunk alcohol ,and his strengh and age ,and...

No American Ambassador in ICeland

No American Ambassador has been in Iceland since the beginnign of this year.One member of parliement has asked the foreign secretary , why is there no Ambassador in Iceland .Gudlaugur Thor ,member of parliement also asked the foreign secretary about the implications it has...

Mcdonald´s leaves iceland economy - video

Due to the bad economy here in Iceland , McDonalds, is closing down next saturday .According to the CEO of McDonalds in Iceland, this is because that the Icelandic currency is low, and they have to import...

Darth Vader Conducts Orchestra: Pushes Conductor, Takes Control

I went tonight to see the Icelandic Symphony,play at a full house .Mr. Micheal Krajewsky was conducting,and the theme was , John Williams movie music.Mr Krajewsky ,is known for conducting Movie music and has worked with many Symphony orchestras , in San Francisco...

Permanent Secretary investigated in Iceland

Iceland's government says it has reached a deal with Britain and the Netherlands to repay the $5.7 billion ,to compensate savers who lost funds in the collapse of the Icesave Account.This deal is not very popular in Iceland. People say, why should the public pay for private...

Market abuse by Icelands Banks

"Financial control group has sent issues concerning comprehensive market abuse by Kaupthing bank to the Special Prosecutor office.They belive that the bank systematically tried to influence their share price and...

Police raid KPMG and Price Waterhouse Cooper in Iceland

Many think that auditors have some responsabilty in the Banking crash in Iceland .KPMG and Price Waterhouse Cooper Audit companys in Iceland ,where raided by the Special prosecutor in Iceland on the 1. of october...

Prime minister one of fiftie most powerful people

Icelands Parliements Investigative Committee ,which is investigating the Banking Cras last year, had a time limit on bringing to Parliement and the Icelandic public , the report on the crash.But today the committie...

Kaupthing chief suspect in bank crash in Iceland

Sigurdur Einarsson, the former CEO of failed bank Kaupthing, is now aofficial suspect by the fraud prosecutors examining alleged market manipulation.Sigurdur live now in Chelsea, is the first Head of a major...

Imagine Peace Light lighted by Yoko Ono

Last night the Imagine Peace light was lighted. It is on between the Birthday of John Lennon and to the date ,of his death. Yoko Ono is in Iceland ,and was going to light it yesterday ,but weather was not good (...

Icelands Prime Minister apologizes to the Icelandic people

Johanna Sigurdardottir ,Icelands Prime Minister said in Parliament today, that it was the duty of the Prime Minister, to apologize to the Icelandic people , on behalf of state and public administration at the neglect and complacency which led to the banking crash last year."...
 

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