Iceland



Blue Mahoe Capital gets partial go-ahead for listing on NASDAQ

NEW YORK: Blue Mahoe Capital Caribbean, a US-based special-purpose company, has been given a partial green light by NASDAQ to begin taking steps to be listed on the stock exchange. An initial application to NASDAQ by Blue Mahoe to become a non-accredited in

Fine can be as high as ISK 1 million

It is up to the legal experts within each police district to determine the amount of a fine for off-road driving. The fine can range from ISK 10,000 to ISK 1 million, depending on factors such as the seriousness of the offense, its extent, and its impact on n
mbl.is - News in English

Fine can be as high as ISK 1 million

It is up to the legal experts within each police district to determine the amount of a fine for off-road driving. The fine can range from ISK 10,000 to ISK 1 million, depending on factors such as the seriousness of the offense, its extent, and its impact on nature.

Purchasing power has increased

The purchasing power of wages has grown much faster in Iceland than in most European Union countries over the past decade. Average annual growth in purchasing power in Iceland has been 3.8%, compared with 0.4% on average across the EU.
mbl.is - News in English

Purchasing power has increased

The purchasing power of wages has grown much faster in Iceland than in most European Union countries over the past decade. Average annual growth in purchasing power in Iceland has been 3.8%, compared with 0.4% on average across the EU.

“I've never experienced an atmosphere like this at any event”

“Overall, I honestly don't think I've ever experienced an atmosphere quite like this at any event, nor the same level of positivity and gratitude, in my long career of organizing events and music festivals. For that, we are extremely grateful.”
mbl.is - News in English

“I've never experienced an atmosphere like this at any event”

“Overall, I honestly don't think I've ever experienced an atmosphere quite like this at any event, nor the same level of positivity and gratitude, in my long career of organizing events and music festivals. For that, we are extremely grateful.”

“This is the worst thing I’ve ever seen”

Two foreign tourists, each driving a Land Rover, drove long distances off-road along the Emstruleið route, from Einhyrningur to Álftavatn, according to mountain support driver Klemenz Geir Klemenzson.
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“This is the worst thing I’ve ever seen”

Two foreign tourists, each driving a Land Rover, drove long distances off-road along the Emstruleið route, from Einhyrningur to Álftavatn, according to mountain support driver Klemenz Geir Klemenzson.

Magnitude 3.1 earthquake recorded

A magnitude 3.1 earthquake was recorded on the Reykjanes Ridge, approximately 20 kilometers southwest of Eldey, shortly before 2 a.m. last night.
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Magnitude 3.1 earthquake recorded

A magnitude 3.1 earthquake was recorded on the Reykjanes Ridge, approximately 20 kilometers southwest of Eldey, shortly before 2 a.m. last night.

Acquitted of terrorism charges for a second time

The Icelandic Court of Appeal has, for a second time, upheld the district court’s acquittal on the terrorism-related charges in the so-called terrorism case, while leaving unchanged the sentences imposed for firearms offenses.
mbl.is - News in English

Acquitted of terrorism charges for a second time

The Icelandic Court of Appeal has, for a second time, upheld the district court’s acquittal on the terrorism-related charges in the so-called terrorism case, while leaving unchanged the sentences imposed for firearms offenses.

Driver dies following traffic accident near Reykholt

The driver of a vehicle involved in a serious traffic accident on Hálsasveitarvegur, just north of Reykholt, on June 16, has died at the emergency department of Landspítali National Hospital.
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Driver dies following traffic accident near Reykholt

The driver of a vehicle involved in a serious traffic accident on Hálsasveitarvegur, just north of Reykholt, on June 16, has died at the emergency department of Landspítali National Hospital.

Historic but difficult U.S. open debut for Gunnlaugur Árni Sveinsson

Gunnlaugur Árni Sveinsson of GKG wrote a new chapter in Icelandic sporting history when he competed in the U.S. Open Golf Championship in New York yesterday. He struggled during the opening round, carding an 84.
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Historic but difficult U.S. open debut for Gunnlaugur Árni Sveinsson

Gunnlaugur Árni Sveinsson of GKG wrote a new chapter in Icelandic sporting history when he competed in the U.S. Open Golf Championship in New York yesterday. He struggled during the opening round, carding an 84.

Video: Here’s what Iceland’s new National Arena will look like

New renderings have been unveiled of Iceland’s proposed National Arena, a multi-purpose indoor sports and events venue designed to meet modern standards and provide facilities for Iceland’s national teams, sports clubs, and the general public.
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Video: Here’s what Iceland’s new National Arena will look like

New renderings have been unveiled of Iceland’s proposed National Arena, a multi-purpose indoor sports and events venue designed to meet modern standards and provide facilities for Iceland’s national teams, sports clubs, and the general public.

Meeting Ends: “A heavy and difficult discussion”

State Mediator Ástráður Haraldsson says negotiations between Icelandair and its pilots remain difficult, following a meeting that concluded shortly before 3 p.m. today.
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Meeting Ends: “A heavy and difficult discussion”

State Mediator Ástráður Haraldsson says negotiations between Icelandair and its pilots remain difficult, following a meeting that concluded shortly before 3 p.m. today.

New rescue vessel arrives at its home port in Vopnafjörður

Yesterday, the rescue vessel Sveinbjörn Sveinsson, the seventh in a series of new rescue ships commissioned by the Icelandic Association for Search and Rescue (Landsbjörg), arrived at its home port in Vopnafjörður.
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New rescue vessel arrives at its home port in Vopnafjörður

Yesterday, the rescue vessel Sveinbjörn Sveinsson, the seventh in a series of new rescue ships commissioned by the Icelandic Association for Search and Rescue (Landsbjörg), arrived at its home port in Vopnafjörður.

400 earthquakes recorded at Bárðarbunga

The aviation color code for Bárðarbunga remains yellow while uncertainty continues regarding developments at the volcano. According to the Icelandic Meteorological Office, a yellow alert indicates that a volcano is showing signs of elevated activity above i
mbl.is - News in English

400 earthquakes recorded at Bárðarbunga

The aviation color code for Bárðarbunga remains yellow while uncertainty continues regarding developments at the volcano. According to the Icelandic Meteorological Office, a yellow alert indicates that a volcano is showing signs of elevated activity above its normal background level.

Tensions escalate further in Icelandair labor disputes

Three Icelandair flights have been canceled so far today due to a shortage of pilots, amid growing claims from the airline that pilots have resumed informal labor actions.
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Tensions escalate further in Icelandair labor disputes

Three Icelandair flights have been canceled so far today due to a shortage of pilots, amid growing claims from the airline that pilots have resumed informal labor actions.

Trial in the Edition Hotel case begins today

The main trial of Ming Ting Mancel begins today at the Reykjavík District Court. Mancel is charged with causing the death of her daughter in collaboration with her husband at the Edition Hotel in Reykjavík in June of last year.
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Trial in the Edition Hotel case begins today

The main trial of Ming Ting Mancel begins today at the Reykjavík District Court. Mancel is charged with causing the death of her daughter in collaboration with her husband at the Edition Hotel in Reykjavík in June of last year.

Grindavík Residents Plan Protest Outside Parliament

Residents of Grindavík and their supporters have called for a peaceful demonstration outside Alþingi, the Icelandic Parliament, building at 12:00 noon today.
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Grindavík Residents Plan Protest Outside Parliament

Residents of Grindavík and their supporters have called for a peaceful demonstration outside Alþingi, the Icelandic Parliament, building at 12:00 noon today.

Inflation on steroids since 2023

“As you can see, the real exchange rate measured by wages swings wildly, prices swing enormously, wages swing a great deal, everything that shapes production costs, the exchange rate of the Iceandic Króna ISK, and so on,” said Vilhjálmur Hilmarsson, eco
mbl.is - News in English

Inflation on steroids since 2023

“As you can see, the real exchange rate measured by wages swings wildly, prices swing enormously, wages swing a great deal, everything that shapes production costs, the exchange rate of the Iceandic Króna ISK, and so on,” said Vilhjálmur Hilmarsson, economist for the trade union Viska, at a VR breakfast meeting this morning.

China maintains strong presence at Arctic Observatory in North Iceland

China’s ambassador to Iceland, He Rulong, visited the Arctic Observatory research station at Kárhóll in Þingeyjarsveit in May.
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China maintains strong presence at Arctic Observatory in North Iceland

China’s ambassador to Iceland, He Rulong, visited the Arctic Observatory research station at Kárhóll in Þingeyjarsveit in May.

Hot tub sent to scrap despite owners' requests

The former owners of a house on Austurvegur in Grindavík say they repeatedly asked the real estate company Þórkatla for permission to retrieve a hot tub that stood on a deck outside the house before it was demolished. Their requests were denied, however, a
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Hot tub sent to scrap despite owners' requests

The former owners of a house on Austurvegur in Grindavík say they repeatedly asked the real estate company Þórkatla for permission to retrieve a hot tub that stood on a deck outside the house before it was demolished. Their requests were denied, however, and the hot tub was destroyed along with the house.

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