Thalif DeenSeptember 6, 2011 Johanna SigurdardottirHAVANA TIMES,(IPS) — When Johanna Sigurdardottir was sworn in as Iceland’s head of government back in February 2009, she was described as the world’s first openly gay prime minister.But in a country with progressive political views and liberal social mores, her sexual orientation was never considered a liability.She took power following a riveting financial crisis when Iceland was on the verge of becoming the world’s first country to go...Read Full Story
By Omar R. Valdimarsson and Tasneem Brogger
[Bloomberg] -- Iceland will hold a referendum on a depositor accord with the U.K. and Netherlands after President Olafur R. Grimsson blocked the bill in a move that threatens to undermine the island's efforts to repair international relations.
"The constitution is very clear about the need for a referendum in this situation," Prime Minister Johanna Sigurdardottir told reporters in Reykjavik today.
Grimsson vetoed the so-called Icesave accord...Read Full Story
Icelandic Prime Minister Johanna Sigurdardottir says she hopes to reach a deal in the next couple of days over the controversial payment of $5.7 billion to Britain and the Netherlands for deposits lost when the country's banks collapsed.Iceland is holding last-ditch talks with the two countries to try hammer out a new payment plan after criticisms of a previously agreed deal forced it to call a potentially damaging referendum on the issue."I think that today and tomorrow the outcome in this...Read Full Story
Icelandic singer Bjork, who has launched a campaign against a bid by Canada's Magma Energy for an Icelandic geothermal power company, said the group wanted to buy up all the island's energy sources.Magma Energy is "checking out if they could buy out all Iceland's energy sources," the 44-year-old artist told AFP Monday in Helsinki."They have already shown interest in buying up at least five other energy companies in Iceland," she said in an interview following a press conference to promote a...Read Full Story
REYKJAVIK (Reuters) - Icelanders vote in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding "No" set to further delay foreign aid and hopes for economic recovery.Despite the consequences of rejecting the standing deal, Icelanders are angry about what they see as harsh repayment terms from Britain and the Netherlands and they are now certain they can get a much better deal.The referendum looks like a one-way bet with no political parties...Read Full Story
Johanna Sigurdardottir Wall
Johanna Sigurdardottir was named the Prime Minister of Iceland in 2009, becoming the world's first openly gay prime minister.