So Ross Beaty of Magma Energy  is finally finding out why foreign investment in Iceland is a perilous game at the moment. There is still too much dust which has yet to settle from the economic crisis of 2008. There are still too many politicians who have not learned anything from it in Althingi. The [...]

If Ragnhildur Sverrisdottir is worth anything as a PR person then surely she must distinguish herself from Bjorgolfur Thor’s latest attempts at total self destruction of his reputation. Or maybe she is working for free and her advice worth every penny? In an astonishing interview with VB.is Bjorgolfur comes across as a spoiled little child [...]

For dishing out misinformation, lies and slander, the nation’s most notorious nameless columnist receives 4 million ISK a month. Courtesy of the fishing lobby.

Gudbjorg Matthiasdottir must surely be the economic crisis’ ultimate winner. She displayed astute business sense by selling off her 1.71% share in Glitnir worth 3.5 billion ISK on the last day before it collapsed. She then partnered with a few other fishing magnates to buy the financial wreck that was Morgunbladid, after a 4 billion [...]

Word is that the Icelandic government has hired this British spin doctor named Jaimie to help them with the Magma fiasco. A sample of his previous work: “He is the real international deal, Harrow, Harvard, thereafter intelligent guidance of the family’s shipping money… He has the experience in business and he has the clout, above [...]

Grapevine yesterday published an email sent from the assistant of the minister of education by mistake to an American journalist, exposing how the government tried to gain special favours with a journalist. “It basically amounts to the government (or certain government advisors) trying to control local discourse by putting a spin on an announcement they’re [...]

They say that the Icelandic government is having a crisis. It is true but it might not mean that its days are numbered. The loud barks from the unruly wing of the Left Greens regarding Magma Energy are like just about anything which comes from that direction, completely void of anything in the way of [...]

So the cat is out of the bag… or the book is heading for the printers. I met Gerard Van Vliet in December 2009 after he contacted me because of this blog. He had found it extremely difficult to get anybody in Iceland to talk to him, be it officials or ordinary people. I met [...]

From Joseph Stiglitz’ lecture in Iceland last year. From Lara Hanna’s blog. “What kind of society do you want to create?”

Egill Helgason points out that it is hard to interpret events as they happen. He takes 9/11 for example. It was a landmark event, yet it did not change the world as everyone expected it to. Samuel Huntington’s predictions of Clash of Civilizations have so far been found to be lacking on many affronts, except [...]