bits and pieces from the northern island.
I won’t hide it: this matter has been bothering me for months. Every time I am in the proximity of a Bónus supermarket or I see somebody carrying the infamous flashy yellow bags, I experience a stabbing feeling in my eye. At first I couldn’t exactly point out why. Yellow definitely isn’t my color of … Read the full article →
A demonstration is currently going on in front of the Althingi, the Icelandic parliament, in Austurvöllur square. The demonstration started in the evening, but videos and e-mail chains have been going around the Internet for a while, encouraging people to show up in the square by 7:30 p.m. with whatever item might produce a lot … Read the full article →
The Althingi, the Icelandic parliament, has passed today a parliamentary resolution to take former Prime Minister Geir H. Haarde to High Court (Landsdómur) because of his alleged negligence for the events that lead to the disastrous banking collapse in 2008. The resolution has been passed with 33 votes against 30. The parliament then voted to … Read the full article →
As many of you already know, yesterday the infamous 2000+ pages – nine volumes in all – report about the causes of the banking collapse of October 2008 compiled by a Special Investigative Commission (SIC) has been disclosed. The reading taking place at the Reykjavík City Theatre is still going on and it will keep … Read the full article →
When the kreppa hit Iceland, we had a glimpse of what is often hidden from our view: the way the global economic system works, even in more clear light than what we could see in the stock market crash that preceded and triggered the kreppa.