To the Class of 2009: Mango seeds don’t need soil to grow
An IceNews reader submitted the following uplifting and thought provoking 200-word short essay on the global economy.
Finnish company applies to build nation’s sixth nuclear reactor
Finland is debating whether it needs a sixth nuclear power plant, and several firms are vying to win the contract to build it. The Finnish utility com...
Ericsson to lay off 5,000 despite posting profit
Despite the fact that it posted a surprisingly strong profit in the fourth quarter of 2008, Sweden’s telecom company Ericsson announced it was plannin...
Finland’s GDP to shrink two percent this year
The Finnish ministry of finance stated on its website that it expects the nation’s gross domestic product (GDP) to drop by more than two percent in 20...
The adventurer’s way to rent a car in Iceland
Renting cars in Iceland can be a real bank breaker – even now with the weak krona. And the roads are often unsuitable for taking more than one person ...
Norwegian Government Officials to Iceland for Talks on the Country’s Economy
A delegation of Norwegian Government Officials has arrived in Iceland, ready for talks with Icelandic authorities on the country’s current financial s...
The Landsbanki freezing order
HM Treasury has issued a notice to provide guidance in relation to the Landsbanki Freezing order between Iceland and UK, which should smoothen the fin...
3.5% policy rate reduction announced by Central Bank of Iceland
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Central Bank of Iceland today announced a decision to reduce the policy rate by 3.5%. The Icelandi...