Archive for April, 2009

Ögmundur Jónasson Minister of Health and parliament member for the Left Green party said that Iceland entering the EU at this point in time was the single most stupid thing ever. On the other hand he wants to solve the argument about Iceland and the EU by letting the people vote on the issue. The... »

The political parties are having a field day as this is written. One day to go, and tomorrow is election day. The media, radio, papers, TV and the Internet is filled with political ads. It is not only totally overwhelming, its irritating to most people. The political parties all have different advertising firms  working... »

This entry sounds like a John LeCarre book. In fact it could be a good material for a political thriller. Major players are: Illugi Gunnarsson the double agent who does everything for money. Illugi was the personal assistant to David Oddsson when he was prime minster. David Oddsson the last Neo-Con of Europe he was called... »

The floodgates are slowly opening. The scandals continue to reveal the corruption and ugliness of the Icelandic political and financial system. The elections are looming… less than a week to go. Here are a few examples of things that are coming to light officially in the last day alone. So, where to start? 1. At least... »

The  first one is the puffin blog. The puffin has two entries that are cool. Here is the first one, and here is the second one. Then its the Economic Disaster Area site…Here is a good one from that site The Iceland Weather Report is always cool. Here is a good entry. »

The forthcoming elections in Iceland cold be the start of a long and difficult government crisis. This problem has been mentioned here on this site before. Only one party wants to join the EU, and the others just want status quo. All ideas about adopting a new currency unilaterally are Utopian in its essence. The current... »

The times we are living now should be interesting and exiting when all things are considered. The global depression and the local financial mess is negative for sure, but during times like these people tend to get creative, they shake up the existing system and do things in a different way. The main topic today... »

Other things have been rumoured to have happened such as the the G8 emergency videophone meeting do discuss the Icelandic situation a few days after the collapse in October 2008. There it was suggested that Iceland would join the EU on an emergency basis in only 6 months, and we would be bailed out... »

April the 6th the Financial Times published an article about the IMF and its suggestions that eastern and central European states should scrap their own currency and adopt the Euro without being members of the EU. Just to get some stability and fix the current global financial crisis. This was mentioned here on Icelandtalks that... »

This is happening again. Straumur Bank did this late last year and into this one. Now the laws have been made even harder to bypass, but it is still being done. Who can be blamed? The answer is most of the major export companies. The majority of the fishing export simply buy (Icelandic kroner)... »