…interesting things were happening in the sub-divisions of the Independence Party. A new group ascended to power within Heimdallur, its Reykjavik youth organization last night. It has been hailed by the Icelandic “Fox News”, the website AMX.is as “idealistic people with a clean slate” lead by newcomer Hlynur Jonsson. Alarm bells! Behind AMX.is are Milton [...]

Glitnir The Independence Party might have enough on their plate with the scandal surrounding the donations from FL Group and Landsbankinn. Andri Ottarsson has resigned as the CEO, issuing a statement saying he had nothing to do with the donations but he still wanted to resign to help the party regain some credibility (why is [...]

The significance of the relevation behind the Independence Party’s acceptance of 55 million ISK from FL Group and Landsbankinn should not be underestimated. It is one of the biggest newsstories in Icelandic history. Here is why: FL Group was a company listed on the Icelandic Stock Exchange where Jon Asgeir Johannesson of Baugur Group and [...]