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Icelandic bitcoin heist suspect escapes jail and flees the country — on the same plane as the Prime Minister - Business Insider Nordic

He is one of 11 people who have been arrested in connection with the theft of 600 computers across data centres in Iceland between December and January. The computers are specially designed to mine bitcoin and are worth a reported 200 million Icelandic ...altro » Leggi

New luxury hotel at Iceland's Blue Lagoon opens - Iceland Monitor

New luxury hotel at Iceland's Blue Lagoon opens. The Retreat is a new luxury hotel and spa at ... The Retreat is a new luxury hotel and spa at the Blue Lagoon. Image/ Blue Lagoon. A new five star hotel opened this Easter at the Blue Lagoon, one of ... Leggi

How Hedge Funds Hide - Institutional Investor

“They were betting against Iceland, which contributed to the feeling that foreigners were just here to seek profits by any means,” he adds. Hugh Hendry, the founding partner at now-shuttered Eclectica Asset Management who had famously shorted Iceland's ... Leggi

Iceland's New Leader Wants 'Strict' New Currency Regime - Bloomberg

Iceland's new prime minister has added her voice to a chorus of key policy makers that want to put an end to the krona's wild swings. The previous government set up a panel tasked with looking at the country's future currency regime. Its three ...altro » Leggi

Interest rate cuts bring end to long Icelandic krona rally - Financial Times

While a strengthening global economy is encouraging central bankers across the developed world to finally look at raising interest rates, on the outskirts of Europe one bank is seeing some success by moving in the opposite direction. Iceland's krona ... Leggi

Iceland likely to focus monetary policy on currency stability -New PM - Reuters

COPENHAGEN, Dec 18 (Reuters) - Iceland is likely to focus its monetary policy on stabilising the krona currency to avoid damaging fluctuations, its new left-wing Prime Minister Katrin Jakobsdottir told Reuters on Monday. Jakobsdottir, 41, is heading a ...altro » Leggi

Will Tourism Drive Private Equity Dollars To Iceland? - AlphaWeek

After suffering a large decline in output following the great recession of 2008- 2009, Iceland has posted one of the world's strongest economic recoveries, aided by the huge boost to export receipts provided by tourism. The rise of tourism has also ...altro » Leggi

Game of Thrones Crowns Iceland Krona as World's Best Currency - Bloomberg

The nation's reserve assets climbed 12 percent to 824 billion kronur in March from a year earlier, the latest data show, suggesting the central bank bought foreign exchange in a possible attempt to slow the krona's appreciation. Measures introduced ... Leggi

UPDATE 1-Iceland's economy grows less than expected as krona hits exports - Reuters

“This suggests that the strength of the krona is weighing on the external sector,” economist Stephen Brown of Capital Economics said. The krona has appreciated since Iceland scrapped most of the capital controls imposed after the 2008 financial crisis ...altro » Leggi

Iceland's strong currency is a problem -finance minister - Reuters

COPENHAGEN, May 22 (Reuters) - The strength of Iceland's crown has become a problem for its economy, finance minister Benedikt Johannesson warned on Monday, adding that the government would increase VAT on tourism to try to tame the currency. The North ...altro » Leggi