Saturday, July 31, 2010

Verslunarmannahelgi rolls round once more

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The first Monday is August is always a public holiday in Iceland and Verslunarmannahelginn (literally the tradesmen’s weekend) has become the country’s biggest travel and festival weekend of the year.

Tens of thousands of people are away from home visiting other areas of Iceland this weekend. Many people go on hikes and peaceful camping trips in the countryside; but many more go to one of the many festivals around the country.


The biggest festival is held on the Westman Islands where the town’s population will roughly triple to over 15,000 and all flights and scheduled ferry sailings are fully booked.

Friday, July 30, 2010

Grand Old Aunt Björk

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ON THAT WHOLE MAGMA ENERGY/ HS ORKA THING

-What, in your view, is the Magma deal all about?

It is a very important case for Iceland. An international corporation is trying to buy up the exclusive rights to our natural resources. We were warned almost immediately after the banking collapse that this would happen, for instance by Paul Hawken and Joseph Stiglitz. Naomi Klein also discusses this kind of situation thoroughly in 'The Shock Doctrine'. It is widely known that nations that find themselves in trouble get besieged by vultures that want to take advantage of their situation and make an easy profit. They start off being all nice and reasonable, gaining the locals' trust – "here to help" – and then...

You know all about Magma's history in Peru, right? It is swaddled with human rights violations and disrespect to local customs, unions, law and regulation. The list goes on... Some might say that Magma making rotten deals with Peru is irrelevant, that Iceland is no Peru. "We are not a third world country." But the deals we've made with them are just so bad; a large part of Magma's downpayment comes in the form of a bullet loan from HS Orka itself with 1.5% interest for seven years, with HS Orka shares as collateral. It's a joke.

Not only that, but Magma are also attempting to negotiate with several other energy companies around the country, as I explain in my letter, and they're doing it behind our backs. It's rather evident that they want to take over pretty much everything if we let them. They won't stop at HS Orka.

This sale will likely determine how we deal with such matters in the future, for instance regarding water rights. We have to formulate a clear position as a nation—what we want—before we start selling off our resources to international corporations, at bargain rates, no less.

ON XENOPHOBIA AND CUTTING GOOD DEALS

-Some people want to write off the opposition to Magma as xenophobia...

I think that's an absurd interpretation. If anyone's been lucky working with foreigners, it's me. A majority of the people I've worked with throughout the years have been foreigners, people that have been extremely honest and good to work with. As I say in my article, the people that have treated Icelanders the worst are, in fact, Icelanders.

I feel this talk of xenophobia is an attempt to sidetrack the discourse. The real question is whether it is a good idea to privatise and sell off our energy resources at this point. We as a nation are badly burnt after the collapse, and we are not in a good position to negotiate. We have to make a clear strategy that we agree on, to prioritise, so we are in a better position to negotiate with the outside world.

Getting past the collapse and all the bankruptcies and unemployment follow will take us a few years, and once we've done that, our resources are really the only thing we have to guarantee a good future. And if we manage to lose them now, we will become a third world nation.

-Do you believe the people behind Magma are bad people? With evil intentions?

No. I mean, were the banksters bad people? They are just trying to cut a good deal, and now we are a good deal. There is a certain sociopathy behind it all... is that evil? Well... I don't know. I can't really answer that question. Let's just say that they are businessmen willing to cut a good deal at whatever cost. They care about their profit margin, and if we or our country stand in the way, then too bad for us.

-You have drawn some pretty snarky, even downright ugly criticisms in Iceland for drawing attention to these matters. People are talking about your financial affairs, your taxes and the like...

I answered some of those in an interview with RÚV [Icelandic State Radio] today, for the first time. I noticed my father defending me on some blog earlier and I thought that maybe it was time for me to answer for myself, to let him focus on something more interesting.

This is a banal discussion, and I do not like going into it, but some people seem to want me to justify myself.

I felt bad about maybe coming off like I was bragging, but I brought up on the radio that my share of all my Icelandic record sales have always gone to Smekkleysa. In this way, I can support Icelandic music. I feel this has had more value than taxes.

-Do you regard these criticisms as an attempt to silence you?

I'm not sure. Most people don't really understand how the music business works; they don't understand 'publishing deals' or the difference between performance royalties and sync fees and merchandising. They understand taxes, and if they hear "oh, she's not paying taxes in Iceland," they are easily sidetracked. Maybe my paying or not paying the tax revenue from my business in Iceland isn't the only way to measure my contribution.

ON TAKING THE FIGHT

-In light of some of these reaction: How can you be bothered? What is it that makes you exert yourself like this?

It does take a toll, and being in the spotlight and under scrutiny. This is definitely not my favourite thing, I can promise you that. But with all this media attention, it's been like this throughout the years, good and bad, I've gotten used to it and learned to accept both sides. You have to take the negative aspects along with the positive ones.

Speaking up on cases like these isn't really a choice for me; I do not have the option to remain silent or neutral. If I do not harness the media attention that's available to me and use to raise awareness of what's going on, it is a crime, plain and simple. It would burden my conscience.

In that regard, I face a bit different situation than your average Stjáni or Gunna who might also feel strongly on issues like nature conservation. I know I have a greater chance than the average person of getting people to attend a press conference, of getting them to listen and pay attention—to try and prevent what I believe to be a catastrophic event. Not using that opportunity would mean disregarding deeply held beliefs of mine. My choice is thus: either I commit a crime, or I take this all the way. And I've made my decision.

I am a musician, and I get deeply involved in my work, but I still try and follow what's going on in the world. And some things are more important to me than others. For example, I followed the SIC report case closely, but that isn't something I should get involved with. Like I said, I am trying to focus on writing songs and working on my music. However, issues of nature and nature conservation are something that get me going. I can't even work, I get so upset. When I see nature endangered, it offends my sense of justice, my very core.

I don't think I am alone in wanting to ensure that future generations of Icelanders get to enjoy the unspoilt nature that we have. The common Icelander seems to be of the opinion that the privatisation of our natural resources needs to be investigated further, and thought about more. If it were only me and ten of my friends that felt this way, I feel it wouldn't be justifiable for me to put this into the spotlight, but since there are so many of us I feel am acting more as a mouthpiece for these beliefs, the views and opinions of a large group of people.

And it's taken a lot of work, the press conference and the petition, not to mention the letter writing. I was supposed to be working on a lot of things over the past fortnight, but I put them all on hold. It has some of my musical collaborators puzzled [laughs], but I am a person that is always very focused on the context of things. I cannot isolate the protection of Iceland's nature from my role as an Icelandic musician. They are so closely linked.

How am I supposed to live with myself if I stand back and potentially allow the worst possible scenario to arise, without attempting to fight it? Iceland has given me so much, I feel as if Iceland's nature was bestowed upon me and all the rest of us as a gift, and I feel a great need to defend it. I simply cannot ignore that.

Just imagine, how can I face myself at age eighty if some nightmare situation has unfolded where we have eight more aluminium plants lining the countryside and our hitherto unspoilt nature reserves are all gone to ruin, knowing I could have

Thursday, July 29, 2010

Empty Pockets, Full Imagination

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Every summer for the past six years, Reykjavík's local youth centre, Hitt Húsið, has offered support and assistance for art groups around the city. The programme aims to provide various groups with time and space to work on their craft. This is a pretty cool initiative, by all accounts.

Garún is one of these art collectives, devoting their summer to producing as much art as they can manage. The group is comprised of Sigurður Ámundason, Arnljótur Sigurðsson and Freydís Kristófersdóttir. We met up with them for a chat.  

Treasure out of trash

The name Garún, chosen for no apparent reason according to

Wednesday, July 28, 2010

Here Come The Creatives

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Reconstructing the Icelandic economy will take more than increased fishing quotas. More than a new aluminium smelter. It will require a new way of thinking.

In a downtown office loft, the staff of Caoz is immersed in the making of 'Thor: The Edda Chronicles – Iceland's first full-length 3D animation film, adopted from old tales of the Nordic God of Thunder. Caoz is perhaps not what you would expect of a movie studio. In fact, it is not so much a studio, as it is a computer cluster. One of the largest one in Iceland at that.

"We are a high-tech company, really. Every frame in the movie contains 10mb of data," explains Managing Director Hilmar Sigurðsson. "There are 250.000 frames in the 3-D version of the movie, and behind every frame, there is probably twenty times that amount of data. So we need considerable processing power."

In fact, Caoz is typical for the kind of company that more and more experts consider vital for restoring the Icelandic economy. A company that harnesses human resources, rather than natural ones. A company that above all places a premium on creativity.

Welcome to the creative economy.

Mapping the creative economy

The term 'creative economy' first appeared in John Howkins' book, 'The Creative Economy: How People Make Money From Ideas'. In John's view "creativity is not new and neither is economics, but what is new is the nature and the extent of the relationship between them and how they combine to create extraordinary value and wealth."

The United Nations' Creative Economy Report of 2008, states that the creative economy is founded on the creative industries, which are at the crossroads of the arts, culture, business and technology. The term 'creative industries' is a loosely defined concept that incorporates "the cycle of creation, production and distribution of goods and services that use intellectual capital as their primary input." The creative industries are grounded on the formulation of new ideas, and the application of those ideas to "produce original works of art and cultural products, functional creations, scientific inventions and technological innovations."

Creative industries are burgeoning sector of modern economy that ranges from fine art to software development. And everything in between. Worldwide, trades in creative services increased on average by a staggering 8.7% annually between 2000-2005. In Europe, the turnover of creative industries in 2003 totalled 654 billion Euros, employed more than 5,6 million people, and grew 12.3% faster than the overall EU economy. In 2007, creative industries were responsible for 6.2% of Gross Value Added in the UK, and export of services by the creative industries equalled 4.5% of all good and services exported.

These are large numbers, indicative of a rapidly expanding sector that will play an increasingly important role in the future. These are desirable economic indicators.



The Creative Class


"Economic growth is driven by creativity, so if we want to increase it, we have to tap into the creativity of everyone," says Professor Richard Florida, at the Rotman School for Management at the University of Toronto. "That's what makes me optimistic. For the first time in human history, the basic logic of our economy dictates that further economic development requires the further development and use of human creative capabilities. The great challenge of our time is to find ways to tap into every human's creativity."

In 2002, Professor Florida coined the term 'the creative class' to identify a socio-economic class of people that he believes will drive economic growth in modern societies through creativity. This class includes professional, scientific and artistic workers whose economic function is to create new ideas, new technology, and new creative content.   

I asked professor Florida to expound on his definition of the creative class: "I define the creative class and the creative economy a little broader than Peter Druker's knowledge economy. I extend the definition to include designers, artists and entrepreneurs who are

Tuesday, July 27, 2010

Magma Energy’s Icelandic dream dealt government setback

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The Icelandic Prime Minister is to set up a committee of independent experts to investigate the privatisation of Icelandic energy companies – especially the purchase of HS Orka by Canada’s Magma Energy.

Prime Minister Johanna Sigurdardottir told journalists that the committee will be asked to focus particularly on the legality of non-EEA companies buying into the Icelandic energy market through specially created EEA-based entities. A conclusion is requested by the 15th August.



The PM also announced that a detailed report into the workings of the energy industry will be compiled and made public by the end of the year. A

Jim Jarmusch to be honored by President of Iceland at 2010 Reykjavik Film Festival

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The President of Iceland, Olafur Ragnar Grimsson will be presenting film director Jim Jarmusch with the 2010 RIFF Honorary Creative Award during this year's Reykjavik International Film Festival, to be held between September 23rd and October 3rd.

Known as a minimalist filmmaker, Jim Jarmusch is among the most important independent filmmakers of his generation. Jarmusch's films are unhurried and often eschew traditional narrative structure to focus more on mood and character development, always with a strong sense of locale permeating his work. Some of his best known films include Night On Earth (1991), Dead Man (1995), Ghost Dog: The Way

Sunday, July 25, 2010

Heading Towards Chaos

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"For a Minor Reflection is a four-piece, made of two guys with indie tops, a man with glasses and a metalhead."

When asked to describe his band, Kjartan Holm of Reykjavík post-rockers For a Minor Reflection certainly doesn't swerve into abstract territory. Some might find this surprising given the band's style of bombastic instrumental epics (belonging to a genre occupied by ham-fisted ideologues such as Godspeed You! Black Emperor et al.), but over here at Grapevine we just found it refreshing.

Indeed FAMR is an epic, swooning, mystic instrumental post-rock outfit that seems primed to be all Inspired By Iceland™ and elves and glaciers and stuff, that instead cites Blink 182, Coldplay and the joy of playing live as their main inspirations (rather than, say, "a waterfall" or "the sound of the sunrise" or whatever). This is cool.

We called up Kjartan to discuss his band's sophomore LP, 'Höldum í átt að óreiðu' and their upcoming release show. After telling us about the band's haircuts (he later went on to say that if the band members weren't playing music, they would be running a hair salon), he tells us of their roots: "The band started as a hardcore duo, then

Saturday, July 24, 2010

Luxembourg court okays Landsbanki asset recovery deal

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A court in Luxembourg has given the green light to a deal between the bankrupt estate of Landsbanki Luxembourg, Landsbanki Íslands, the Central Bank of Luxembourg and several of the bank’s biggest creditors.



Pall Benediktsson, Landsbanki resolution committee spokesman, told RUV that the contract means higher returns on asset recovery for Landsbanki Íslands. The contract is the result of months of negotiation.

The next creditors’ meeting of Landsbanki is on 23rd August. Figures will be released at the meeting to show exactly what effect the contract will have on asset recovery rates.

Related Posts: Investigators preparing Landsbanki white collar crime report Central

Friday, July 23, 2010

Direct flights from Seattle to Reykjavik announced by Icelandair

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Icelandair has recently announced it is offering a new direct flight service to and from Seattle, USA, and Reykjavik, Iceland, as part of its summer schedule.

Iceland's leading airline, Icelandair, is offering four direct flights a week departing from Seattle's Seattle-Tacoma International Airport (SEA) at 16:30, arriving in Keflavik International Airport at 06:45, the following morning. These flights, scheduled on Tuesdays, Thursdays, Saturdays and Sundays, will connect with Copenhagen, Oslo, Stockholm and London, offering up to 4 hours faster connection times from Seattle to Scandinavia than possible through other European hubs. Flights to Helsinki, Frankfurt, Amsterdam and Paris will also

Thursday, July 22, 2010

Lonely Planet: Iceland top travel destination for summer holiday

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Leading global travel guide, Lonely Planet recently announced Iceland as a top summer travel destination for August. Lonely Planet is encouraging travellers to visit the land of fire and ice as 'there really has never been a better time' to go. This is due to the favourable exchange rate for visitors, making prices more affordable than ever, and flights to Iceland resuming as normal after the ceasing of the Eyjafjallajokull volcano eruption.

At the end of last year, in the Lonely Planets's fifth annual collection of the world's best destinations for the coming year, Iceland ranked in the top

Tourist coach crashes in North Iceland

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Three people were severely injured when a coach carrying 15 foreign tourists ran off the road at Einarsstadur near Husavik, north Iceland this evening.



Around eight of the other passengers were also injured. The injured were taken by ambulance to Akureyri Hospital and police, paramendics and search & rescue workers were all called to the scene of the accident.

The emergency co-ordination centre, a coastguard helicopter and air ambulance services in Akureyri were all put on high alert, but their services were not needed in the end, RUV reports – although air ambulance will likely be used if any of

Wednesday, July 21, 2010

Icelandic ambassador takes sensitive Kabul role

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Icelandic ambassadorial diplomat, Thordur Aegir Oskarsson, has temporarily taken over as the head of political affairs at the NATO headquarters in Afghanistan. He is relieving the current head, Mark Sedwill.



The important job involves liaising between Afghan government officials, parliament and MPs, the UN, other international agencies and foreign embassies in Kabul.

The head of political affairs also takes part in peace negotiations between conflicting warlords in Afghanistan and deals with communication with neighbouring states – especially Pakistan, a press release from the Icelandic Ministry for Foreign Affairs states.

Related Posts: Afghanistan welcomes Norwegian UN envoy Finland to help in Afghanistan stabilisation Nordic

Monday, July 19, 2010

“Fitch Ratings unnecessarily harsh over Iceland currency loans ruling”

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Iceland’s minister for trade, Gylfi Magnusson, says the cautionary words from the CEO of Fitch Ratings about the Icelandic Supreme Court’s ruling that foreign currency loans are illegal do not come as a surprise. Magnusson says the uncertainty surrounding how such loans will be dealt with now is unsettling.

Fitch’s CEO told Bloomberg that the Supreme Court decision on the illegality of foreign currency indexed loans will likely reduce the stability of the Icelandic financial system again and delay recovery.



He also says the judgement could damage Iceland’s access to international markets – especially if the new Icelandic banks’ owners

Sunday, July 18, 2010

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

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Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Saturday, July 17, 2010

Icelandic government urged to do more for methane

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People importing methane powered cars to Iceland are exempt from paying import duties, which might seem like a good thing; but it does not help people eager to convert their existing petrol or diesel cars to also use methane.



Ludvik Ludviksson has recently converted his car so that it can take advantage of cheap and environmentally friendlier methane gas. He criticises the government, however, for not doing anything to help people like him. Ludviksson believes a VAT refund on car conversions would be a good place to start and would encourage more people to try out methane as a transport

Friday, July 16, 2010

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

0 comments

Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Thursday, July 15, 2010

Malcolm Walker: Iceland Foods had money, not Jon Asgeir

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IceNews has received copies of bank statements from six banks which appear to prove that GBP 202 million which Glitnir Bank believes was in the possession of Jon Asgeir Johannesson, was actually always the property of Iceland Foods in the UK.



A letter from Iceland CEO Malcolm Walker to the Glitnir resolution committee expressed surprise that the bank thought Johannesson had the money. Walker says in his letter that Jon Asgeir Johannesson had never had access to the accounts, and attached copies of statements from six banks which account for the money.

Iceland is largely owned by Icelandic parties, including

Wednesday, July 14, 2010

Reykjavik restaurant offers something special for Iceland summer

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Leading restaurant in Reykjavik, Domo, is offering special barbeque party services for those looking to hold a stress-free get together within the heart of Iceland's capital.

Domo is set to offer barbeque parties all summer, for festivals, birthday parties, concerts, weddings and anything else partygoers are planning. Domo will provide the barbeque, plates, cutlery, drinks and of course food, including grilled lamb, BBQ chicken, grilled pork, garlic potatoes and hamburgers.



Domo, labeled as the "kitchen without boundaries", not only specialises in barbeques, but is also one of Reykjavik's best fresh fish restaurants serving a variety of pure Icelandic sushi, depending

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

0 comments

Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Tuesday, July 13, 2010

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

0 comments

Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Sunday, July 11, 2010

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

0 comments

Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Saturday, July 10, 2010

Jon Asgeir pays cash to Glitnir estate

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Icelandic businessman Jon Asgeir Johannesson has paid the banrupt estate of Glitnir Bank USD 15 million, or around ISK 2 billion.

Head of Glitnir’s resolution committee, Steinunn Gudbjartsdottir confirmed the payment in an interview with RUV. Glitnir is attempting to extract some two hundred billion kronur from Jon Asgeir and his close associates.



The Bank believes the former biggest shareholder still has plenty of assets at his disposal, sourcing an email sent shortly before the bank’s collapse that he had at least 40 billion kronur in British banks.

A London court yesterday confirmed Glitnir’s request to freeze Johannesson’s assets

Friday, July 9, 2010

Iceland cod quota nearly finished: attention turns to haddock

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Iceland’s national cod quota for this fishing year, which was 130,000 tonnes, is over 90 percent finished with fully two months left. On the other hand, a quarter of the allotted haddock catch remains.



RUV reports that the roll-over allowance from one year to the next has been reduced from 33 percent last year to just 10 percent. This means it is likely a lot of haddock fishing allowances will go unused this year – although a portion of it will likely go into species transfer (to cod or another species).

The Federation of Icelandic Fishing Vessel Owners is hoping

Thursday, July 8, 2010

Social Networking website encourages users to make money

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Social Networking and recommendations website, daGeek is encouraging its users to make money through personal pages by strategically placing sales links from Amazon, Clickbank or Google Adsense in between written content. Profile owners can then receive up to fifty percent of all sales revenues generated by those links put in place.

"If the content is written from your heart, chances are people will want to read it. If you write it well, chances are they too will become fascinated. In this case, research has shown that people are more likely to trust the purchase recommendation provided by you since you

Wednesday, July 7, 2010

Finnish men still best in the world at carrying wives

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After taking things one step further than lifting his partner over the threshold on their wedding day, a Finnish man has proven himself the best in the world at wife carrying for the second year running. This year's world wife carrying championships in Sonkajarvi, northern Savo, saw Taisto Miettinen heave his pint-sized bride Kristiina Haapanen over the finish line to victory once again.

The dedicated duo was a clear five seconds ahead of the competition, Estonian couple Alar Voogle and Kristi Viltropi. Southwest Finland couple ILpo Haalosto and Satu Jurinen also made their country proud by clinching third place in

Invest in Iceland Act passed

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The Icelandic Ministry of Industry, Energy and Tourism proposed a new bill of law that has recently been passed for investments in Iceland. The 'Incentives for Initial Investment in Iceland' bill is directed towards promoting initial investment in commercial operations, the competitiveness of Iceland and regional development by specifying what incentives are permitted in respect of new investments in Iceland and how they should be used.

Now that the Act is in motion, the Minister of Industry has authorisation to enter into new investment contracts on behalf of the Government. The previous methodology of making investment agreements on a

Tuesday, July 6, 2010

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

0 comments

Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Sunday, July 4, 2010

Get Ready For Horrible Cuteness!

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Are you excited about Loops 2010 yet? You should be! It's only the most exciting thing to happen to Reykjavík all summer long. Let's break it down:

Loops 2010 takes place between June 17 and July 4, and is the first of what will hopefully be many annual Nordic yarncraft festivals in the Nordic House. The programme offers art exhibitions, workshops, symposiums and talks, not to mention all manner of off-venue events as well. The focus is firmly on the Nordic knitting traditions, of which there are many because, well, it's cold up north.

However, this is no fusty festival of conservative orthodoxy. While most of the designers and artists participating are inspired by and work within the traditions, they all present their own spin on things, resulting in various kinds of craziness and/or styles. The festival's programme is too detailed and marvellous to properly examine here, so head on over to www.nordichouse.is instead to check it out.

Cute and macabre

One of the most anticipated events in this line-up of greatness is surely a show by German artist Patricia Waller. Her work combines the cute and macabre in an elegant and humorous way, so that one cannot help but laugh, want to give the work a hug and feel repulsed—all at the same time. Why is she showing at a yarncraft festival, you ask? Because she crochets all her work!

"I used to knit pullovers as a teenager, but it had nothing to do with art at that point," says Patricia when asked of her love of crochet as artistic medium. "I began crocheting when I was

Saturday, July 3, 2010

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

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Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Friday, July 2, 2010

Former Morgunblaðið Editor Styrmir Gunnarsson On Why Iceland Should Not Join The EU

0 comments

Styrmir Gunnarson has been at the forefront of the Icelandic political landscape for nearly half a century, including 36 years as editor of the daily newspaper Morgunblaðið, which has strong ties to the political right in Iceland. As editor of this formerly most influential medium in Iceland, Stymir has been in a unique position to observe and even shape the political discourse in this country.

Since retiring his editorial chops in 2008, Styrmir has been taken a very active part in the local discourse. Among other things, he has published two books, one documenting the collapse of the Icelandic banks ('The Siege'), and another detailing his take on the findings of the Special Investigation Committee's report. He is also an active member of the organisation Heimssýn, "Iceland's 'No to EU' movement, [whose] members agree that Iceland's interests are best served as an independent country outside the European Union.

Founded in 2002 as a cross-political organisation, Heimssýn's goal has remained the same: to keep Iceland outside the EU" (we stole this description off their website).

By your definition what is the EU and what does it do?

The European Union, in my point of view, was formed to prevent further wars on the European continent, after two world wars in the Twentieth century, and many wars in former centuries. That's why it came into being.

Thursday, July 1, 2010

Oddi Printing delivers a new hardcover catalogue for the Guggenheim Museum

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Oddi Printing recently completed a hardcover exhibition catalogue for the Solomon R. Guggenheim Museum. Being Singular Plural: Moving Images from India was a challenging book to produce; it is comprised of three different paper stocks (both coated and uncoated), which necessitated a demanding proofing and production process that met the Guggenheim's standards of excellence.

Oddi earlier this year opened up a new office in New York in order to cope with the demand for its high quality colour printing.



Oddi Printing has been serving its clients in the U.S. for around 20 years from its office in Pennsylvania, but