Featured Iceland

Russia extends tit-for-tat sanctions against West in line with Putin’s decree

In line with the presidential decree, the Russian government extended the embargo on certain types of food from countries that had imposed sanctions on Russia, according to a document, published on the Russian government’s website on Wednesday. A ban on imports of certain types of agricultural products, raw materials and… Read More

Iceland proposes a novel solution to tax evasion

Minister of Finance Bene­dikt Jóhann­es­son held a press conference today wherein he announced that the Icelandic government has “declared war” against tax evaders, in the wake of reports issued by two different government workgroups on imports and taxes. Benedikt is also the chairperson of the Reform Party, and his position… Read More

Panama Papers: Iceland election could propel radical Pirate party into power

A party that favours direct democracy, complete government transparency, decriminalising drugs and offering asylum to Edward Snowden could form the next government in Iceland after the country goes to the polls on Saturday. Riding a wave of public anger at perceived political corruption in the wake of the 2008 financial… Read More
5th April 2016
Iceland's Prime Minister Sigmundur David Gunnlaugsson is to step down after leaked documents from a Panamanian law firm showed his wife owned an offshore company with big claims on collapsed Icelandic banks, his party said. Read More
4th April 2016
REYKJAVIK:  Iceland’s opposition called on the prime minister and government to resign and planned a no confidence vote after a leak of documents stoked anger over his wife owning a tax haven-based company with large claims on the country’s collapsed banks. The allegations in the so-called Panama Papers that were… Read More
4th April 2016
Petro Poroshenko, President of Ukraine; Salman bin Abdulaziz bin Abdulrahman Al Saud,  King of Saudi Arabia; Li Xiaolin,  daughter of former Chinese premier Li Peng; Sergey Roldugin, a close friend of Vladimir Putin; Arkady and Boris Rotenberg, also friends of Vladimir Putin; Juan Pedro Damiani, FIFA ethics committee member; Sigmundur David Gunnlaugsson, Prime Minister… Read More