Norway refuses to cut oil output
Despite the dramatic decrease in the price of a barrel of oil from its peak near USD 150 a few months ago, Norway has emphatically stated it has no pl...
Iceland puts up interest rate to 18%
The Central Bank of Iceland has announced that the key interest rate will increase by 6% to 18%. The bank recently lowered the rate by 3.5% from 15.5%...
Norway officially bans all cluster weapons
Joining a group of 108 other nations, Norway has sent a proposal to its national parliament to destroy all of its existing cluster munitions and ban t...
Icelandair offer cheap winter flights from Boston and New York
With the dramatic rise in value of the US dollar against the Icelandic krona, American visitors to Iceland now have nearly twice the spending power co...
Swedish King’s support for wolf hunting raises hackles
Recent remarks by Sweden’s King Carl Gustaf XVI that wolves should be hunted in Sweden immediately raised cries of concern from local members of the W...
Isle of Man savings bank releases fixed rate bonds
Savings specialist Bradford & Bingley International, based in the Isle of Man, has launched two new fixed rate savings bonds. For long term deposi...
Denmark may change rules of royal succession
In a landmark move, Denmark will put its traditional rules for royal succession to a public referendum on 7 June 2009. The plan to challenge this hist...
Arctic waters reveal natural slimming aid
A natural product for weight loss has been developed in Siglufjordur off the north coast of Iceland. LipoSan Ultra is a unique dietary supplement made...