Magma Energy bought the Icelandic geothermal energy company HS Orka (HS Energy). This was documented a year ago on this website. After that there has been an intense discussion in the blog-sphere and some radio stations. Some of the old media guard has reported this, but not gone into any serious details. After the initial... »
Sigurður Einarsson the former Kaupthing manager is now officially wanted by Interpol. Nice picture of this man. When reading the Black Report he sounded like a teenager with an attitude. He... »
Magnús Guðmundsson, the director of Banque Havilland and the former director of Kaupthing Luxembourg has been arrested by the Special prosecutor today. He has been taken to prison. The reason... »
Hreiðar Már Sigurðsson was arrested but the special prosecutor today. He recently came to Iceland when he was called in for questioning and after that he was arrested and... »
A numb celebration when there should be anger and riots. There has got to be something wrong with this picture. A quote from Wikipedia: “International Workers’ Day (a name used... »
A few weeks ago the The Directorate of Tax Investigations in Iceland made a public media announcement that was strange to say the least. At least to those who... »
The 2010 Time 100 list. List influential people of “Least Influential People of 2010” published by Time magazine is interesting. On the top 100 list there are three Icelanders. So,... »
The big question of today is about the real owners of the Icelandic banks Arion (the restored Kaupthing) and Íslandsbanki (the restored Glitnir). The debt collections are large, and... »
This is a taken from the Icelandic Coastguard plane on an ELTA radar, and is approx. 2.5 km in diameter. This is the one who sends the ash to Europe. ... »
A large flood is rushing down the glacier and farms near the rivers have been told to evacuate straight away to higher ground. They are in running for the... »
