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Iceland Politics

First gay PM for Iceland cabinet

Crisis-hit Iceland announces a new government headed by the world's first openly gay leader, Johanna Sigurdardottir.
Ref. Source 8

Politics Iceland

Centre-left wins Iceland election

Iceland's interim centre-left coalition is set for a major victory in general elections, preliminary results show. Ref. Source 7

Iceland Politics History & Civil Business Politics

"Iceland Recovering From Neoliberal Disaster"
By Dr. Michael Hudson & Guns and Butter

Will Britain and the Netherlands accept Iceland's condition? Trying to squeeze out more debt service than a country could pay requires an oppressive and extractive fiscal and financial regime, Keynes warned, which in turn would inspire a nationalistic political reaction to break free of creditor-nation demands. This is what happened in the 1920s when Germany's economy was wrecked by the rigid ideology of the sanctity of debt. Ref. Source 4

Politics Iceland

Iceland centre-right wins back power:

Coalition talks to begin as voters reject austerity in favour of parties that ruled over 2008 financial collapse. Ref. Source 6

Politics Iceland

Iceland's Minister for Fisheries and Agriculture in line to become next prime minister

A day after Iceland Prime Minister Sigmundur David Gunnlaugsson stepped aside amid pressure over his investments disclosed in the Panama Papers, media outlets in the small country say Sigmundur Ingi Jóhannsson will seek the president's approval to become the next prime minister, according to Icelandic media and the Associated Press. Ref. USAToday.