Geir Haarde, the fallen PM appeared on the Europe Today show at BBC. Diverting the attention from Iceland and focusing on Ireland and Latvia, Geir also claimed that the economic disaster had caught him by surprise. The real surprise is why anyone actually offers the man a forum anymore? Listen here

Last night the newsmedia was filled with stories of violent activity by Saving Iceland members at the Ministry of Industry. Most of the headlines revolved around police being attacked with pipes and a policeman being kicked in the head. Then this morning we get this video and a strong protest by Saving Iceland which states [...]

Since Newsweek was pointing fingers this week with its “Who’s to blame” report, it only makes sense that Icelanders start extending their index fingers. For every Fred Goodwin, there is a Bjarni Armannsson and for every David Oddson…well there are actually few people who could have made as much mess in history as David Oddson. [...]

Today we celebrate independence day. For what it is worth. The feeling towards nationalism has always been like most other emotions in Iceland, sort of quietly muted, yet boiling underneath the surface. Iceland celebrates Jon Sigurdsson’s birthday as a national day. Fittingly for nepotistic Iceland, the man who married his cousin became their leader in [...]

Bjorgolfur Thor laughed all the way to the bank and is now laughing all the way from the bank. He made his money from beer in post-Soviet Russia and was given Landsbankinn as a gift from the Independence Party of David Oddson and Geir Haarde for the small price of arranging high-paying jobs for people [...]

The Independence Party celebrates its 80th birthday this year. I would say happy birthday but I really wouldn’t mean it so I won’t. I have voted for the party in one election to the parliament and one election for the city council. I will never vote for the party again. Why did I vote for [...]

There is nothing to fear except the persistent refusal to find out the truth, the persistent refusal to analyze the causes of happenings. – Dorothy Thompson In the past few months I’ve talked to two persons who are facing a dilemma that they did not expect to face a year ago. They both have detailed [...]

Going to the movies tonight I expected to be moved but I did not think I would be horrified.  The mood after Andri Snaer Magnason’s Dreamland was funeral-like. No surprise, the movie recites the relationship between Iceland and the aluminum giants of the world. On the way to the theater I told my sister that [...]

But while Baugur set its sights on the Faroe Islands with the acquisition of 50% of the six-strong SMS supermarket chain, Bravo International was headed for more turbulent waters. The move into brewing was bold. The Russian economy was in crisis and foreign investment drying up. Yet the Icelanders were not only ploughing money into [...]

After accepting over 70 million ISK in the last campaign year from Landsbankinn and the controlling owners of Glitnir (FL Group) when it was considered normal to accept donations of 300.000-500.000 ISK, how on earth was the government of the Independence Party and Social Democrats supposed to rein in the banks on the way to [...]