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Iceland Inflation Slows Again

Iceland Inflation Slows Again

Iceland's consumer price inflation slowed for a second month in a row in August to its lowest level in three months, preliminary data from Statistics Iceland showed on Thursday. The consumer price index rose 3.8 percent year-on-year after a 4.0...

Energy company taps into essentially limitless power source hidden beneath our feet: 'Nothing short of miraculous'

Energy company taps into essentially limitless power source hidden beneath our feet: 'Nothing short of miraculous'

The company has big goals. by Craig GerardAugust 28, 2025 With our ever-expanding need for energy, many countries are turning to clean sources such as hydro, solar, and wind. But another promising alternative is geothermal energy. According to the...

Belgian air force takes over policing of strategic Iceland airspace

Belgian air force takes over policing of strategic Iceland airspace

Belgium has taken over the mission of patrolling air space around fellow NATO member Iceland, dispatching Lockheed Martin F-16As to the island nation. Without an air force but strategically located astride the so-called Greenland-Iceland-UK gap in...

Central banking manual for fighting crises: the need for split personalities

Central banking manual for fighting crises: the need for split personalities

Patrick Honohan, governor of the Central Bank of Ireland from 2009 to 2015 – the seminal period of euro area sovereign debt upsets – is a central banker who almost literally grew up with economic and financial crises. Honohan understands, all too...

Spokane-based theater company presents two-person musical set in 1950s-1990s

Spokane-based theater company presents two-person musical set in 1950s-1990s

SPOKANE, Wash. — A Spokane theater company will present a two-person musical about siblings navigating decades of American change this fall. 'Theater on the Verge' will present "John & Jen" from Nov. 6-22 at The Hamilton Studio Listening Room. The...

Iceland Jobless Rate Rises To 3.2%

Iceland Jobless Rate Rises To 3.2%

Iceland's unemployment rate increased in July after falling in the previous month, figures from Statistics Iceland showed on Wednesday. The unadjusted jobless rate rose 3.2 percent in July from 2.2 percent in June. In the same month last year, the...

Crusoe expands cloud capacity in Iceland

Crusoe expands cloud capacity in Iceland

In sum – what to know: $175M credit facility backs expansion – Crusoe secured financing from Victory Park Capital to grow its cloud capacity with advanced GPU hardware and cooling technology. Iceland site powered by clean energy – The atNorth...

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – August 3, 2025

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – August 3, 2025

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week. Federal Activities State Activities Federal Activities:...

Holland's battle against burnout: Four-day week becoming 'very common' among Dutch workers, economist reveals

Holland's battle against burnout: Four-day week becoming 'very common' among Dutch workers, economist reveals

Four-day weeks are becoming 'very common' among Dutch workers, says an economist. According to Eurostat, people aged 20 to 64 in the Netherlands clock up an average of just 32.1 hours a week in their main job - the shortest in the entire EU....

Iceland has mostly avoided misinformation. That may be changing.

Iceland has mostly avoided misinformation. That may be changing.

REYKJAVIK, Iceland — For centuries, Iceland has tended to be off the world’s beaten path. It’s an island in the North Atlantic, home today to about 400,000 people. Its language, Icelandic, is spoken in large numbers nowhere else. These factors —...

Trump’s attempted firing of Fed governor threatens central bank independence – and that isn’t good news for sound economic stewardship (or battling inflation)

Trump’s attempted firing of Fed governor threatens central bank independence – and that isn’t good news for sound economic stewardship (or battling inflation)

Cristina Bodea, Professor of Political Science, Michigan State UniversityThe Caledonian-Record The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve's Board of Governors, has huge...

Hallgrimsson understands financial windfall World Cup qualification will bring to the FAI

Hallgrimsson understands financial windfall World Cup qualification will bring to the FAI

Heimir Hallgrimsson’s open objective is to leave the team in a better place but equally important is his tenure improving the FAI’s financial outlook. Until the association’s €40m of debt is alleviated, stagnation is inevitable. Reliance on the...

Spain’s Secuoya Studios Signs First Look Deal With Icelandic Production Banner Act4 Led by ‘True Detective’ Actor Ólafur Darri Ólafsson, Among Others (EXCLUSIVE)

Spain’s Secuoya Studios Signs First Look Deal With Icelandic Production Banner Act4 Led by ‘True Detective’ Actor Ólafur Darri Ólafsson, Among Others (EXCLUSIVE)

Spain’s Secuoya Studios is continuing its international expansion through a new first-look deal with the Icelandic production company Act4 which is spearheaded by a group of high-profile creatives, including “True Detective” actor Ólafur Darri...

Trump move to oust Fed governor shakes US market credibility

Trump move to oust Fed governor shakes US market credibility

The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve’s Board of Governors, has huge implications for a keystone of good economic policy: central bank independence. At the heart of her...

Trump's Push To Fire Fed Governor Threatens Central Bank Independence − And That Isn't Good News For Sound Economic Stewardship (Or Battling Inflation)

Trump's Push To Fire Fed Governor Threatens Central Bank Independence − And That Isn't Good News For Sound Economic Stewardship (Or Battling Inflation)

(MENAFN- The Conversation) The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve's Board of Governors , has huge implications for a keystone of good economic policy: central bank...

Iceland Pledges ISK 5.7 Billion to Ukraine in 2025 Alone

Iceland Pledges ISK 5.7 Billion to Ukraine in 2025 Alone

Since Russia’s invasion began in February 2022, Iceland has contributed more than ISK 13 billion in ongoing support to Ukraine. According to the latest figures, the funding spans both humanitarian and defence-related assistance. War. What is it...

Trump’s firing of Fed governor threatens central bank independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Trump’s firing of Fed governor threatens central bank independence − and that isn’t good news for sound economic stewardship (or battling inflation)

The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve’s Board of Governors, has huge implications for a keystone of good economic policy: central bank independence. At the heart of her...

Iceland Producer Prices Fall 0.6%

Iceland Producer Prices Fall 0.6%

Iceland's industrial producer prices decreased for the second straight month in July, figures from Statistics Iceland showed on Monday. The industrial producer price index dropped 0.6 percent yearly in July, following a 1.5 percent decrease in...

International business briefs: US hits Indian exports with 50% tariff

International business briefs: US hits Indian exports with 50% tariff

Bengaluru —The European Commission has granted marketing authorisation for Gilead Sciences’ twice-yearly injection for preventing HIV infection, the company said on Tuesday. The drug, known scientifically as lenacapavir, will be sold in Europe...

UK weather: Britain to be bashed by deluge of electrical thunderstorms as bank holiday heat clears

UK weather: Britain to be bashed by deluge of electrical thunderstorms as bank holiday heat clears

Summer will end with a bang as bank holiday heat erupts into a deluge of electrical thunderstorms. Calm and settled weather is about to give way to wind and rain as stormy weather sweeps in from the Atlantic. Cool winds from the west hitting warm...

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