Car hire companies in Iceland reduce rates
Visitors rushing to Iceland to make the most of the low value of the krona can also take advantage of cheaper car hire. The cost of hiring a car in Ic...
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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...
PM’s Office: The Faroe Islands Come to Iceland’s Aid
PRESS RELEASE FROM THE ICELANDIC PRIME MINISTER’S OFFICE: The Faroe Islands have offered Iceland a loan of DKK 300 million. The offer was put fo...
Portraits of Icelandic terrorists exhibited
A photo exhibition “Icelandic Terrorists” was opened on Sunday 26th October in Smaralind, the biggest shopping centre in Iceland. The exhibition consi...
James Bond asks for reconciliation of UK and Iceland
In an interview with local paper Frettabladid, the actor Daniel Craig urged reconciliation “sátt”. “Our nations seem to fall apart w...
Norway’s largest bank raided for insider trading
A specialist team from Okokrim, the Norwegian white-collar crime unit, stormed into the headquarters of DnB NOR and arrested two employees on charges ...
Chitosan weight loss solution from the Arctic
A natural weight management product containing chitosan is being produced off the north coast of Iceland. LipoSan Ultra is a natural slimming aid whic...
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%...