The key interest rate of the Central Bank has gone up 3.5 percentage points this year. Una Jónsdóttir, the director of the economics department of Landsbanki says to Morgunblaðið that more people are taking indexed loans because of this rise i...

Fundraising has started for the family of Eva Hrund Pétursdóttir who died in the shooting attack in Blönduós on 21st of August.

The total number of overnight stays in Icelandic hotels and other accommodation for tourists have never been more than last July, or 1,550,600. This means that every night there were 50 thousand guests staying overnight in Iceland in the month of ...

Now when fall is upon us the round up of sheep is being prepared all over the country. Few areas in Iceland need longer time to gether their sheep than the farmers in Gnúpverjaafréttur, but the area they need to cover goes all the way from Þjó...

Guðmundur Ingi Guðbrandsson the Minister of Social Affairs and Labour says the ministry is looking into changing the laws regarding theft of wages.

The supply of apartments for sale in the Reykjavík area has gone up 45% in just one month. Now there are 1,013 apartments for sale in the area, but at the end of July there were only 700 for sale.The lowest supply was at the beginning of February...

The police planned to document a report from Kári Kárason at the hospital yesterday, but he has gained consciousness after being shot in Blönduós over a week ago. Páley Borgþórsdóttir, a policeofficer in Northeast confirmed this in talking...

Guðbjörg Ingvars­dótt­ir, a jewellery designer at Aur­um, presented an especially designed necklace for the famous singer, Katy Perry on Saturday. The singer was in Iceland to give the Norwegian Cruise Line ship, Norwegian Prima, its name at...

Even though the Met Office has not published an announcement stating that the Meradalir eruption if over, scientists think that will happen soon.

The Coast Guard helicopter was called out yesterday because of suspicion of a polar bear having reached land in Hornstrandir. The helicopter flew to the Westfjords but returned after not finding any signs of polar bears in the area.

Svartaborg Luxury Villas in the North gets raving reviews in the American travel magazine Condé Nast Traveler. The journalist Erika Owen writes that Svartaborg is her all time favourite Icelandic Airbnb venue in Iceland.

The writer Hrafn Jökulsson has filed two cases for the District Court of Reykjavík against a few ministers as representatives of the Icelandic government. In total, he is demanding just over 120 million ISK. Jökulsson was diagnosed recently wit...

The Coast Guard Command Center got a mayday call from the captain of a small fisherboat just before 9 AM this morning. The boat was without power just outside of Keflavík and it was about to float into the rocks just north of the small boat harbo...

Firefighters in Austur-Húnavatnssýsla had a symbolic ceremony yesterday where they showed their partner and colleague, Kári Kárason, his family and "all those who are hurting" their respect and empathy.

The maximum retirement age for employees of Reykjavík city is now 70-72 years according to current contracts. According to an announcement from the city, the retirement age will be reevaluated soon and will be a part of the collective bargaining ...

The Homes Association say that the Central Bank's raising interests again yesterday is "yet another knife in the back" of the homes in this country." Again, this will be hardest for those who have the least income and those who owe...

The new Incubation Center for the company Benchmark Genetics Iceland hf. in Vogar in Reykjanes was formally opened yesterday.

Interests are still going up and it looks like better times are not in the charts until late this year or in the beginning of the next year. In the August Monetary Bulletin of the Central Bank of Iceland this is reported:

The presidents of the Baltic countries, Estonia, Lativia and Lithuania are coming on an official visit to Iceland next Thursday. Their spouses and an entourage will come with the presidents.

Now it is on the table to reconsider the legal framework for ownership of firearms in Iceland, in particular the process where someone loses their license to bear arms. This is confirmed by Jón Gunnarsson the Minister of Justice. A proposal of ch...