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Dutch Icesave lender I was lucky, Dutch government paid my lost Icesave money back. Although the Iceland government promised to do so legally, but did not. So, after two deals between the government the Icelandic people say FY. That is stupid. Because there will be no third negotiations. The case will go to the European court and Iceland will be forced to pay a much higher amount in time. “I’m lending money to my neighbor. And he refuses to pay back anything. Although he could in the long term.” Is that the Icelandic mentality, and the Portuguese to?? Well never lend them anything eve...

From Alaska to Radisson: 6 programs I plan to earn elite status with in 2021 Andrew Kunesh © Provided by The Points Guy MSN has partnered with The Points Guy for our coverage of credit card products. MSN and The Points Guy may receive a commission from card issuers. I’ve gone back and forth on earning elite status over the years. On the one hand, the benefits make travel generally more enjoyable. Lounge access, free checked bags and upgrades make travel cheaper and more comfortable. After all, there’s nothing better than paying $50 for a domestic ticket and being upgrad...

Icelandic Today, April 8th Orkuveita Reykjavíkur (OR; Reykjavik Energy) concluded a closed green bond offering in a new bond series, OR180242 GB. The bonds pay a fixed, non-indexed interest rate with a semiannual fixed principal amortization schedule and has a final maturity on February 18th 2042. The series attracted bids totaling ISK 5,049m at yields between 3.99%-4.65%. OR accepted bids amounting to ISK 2,198m at a yield of 4.35%. Fossar Markets managed the process on behalf of OR. The green bond series will be listed on the Nasdaq Iceland Sustainable Bond market. For further information...

By David Kaminski-Morrow2021-04-08T17:08:00+01:00 Belarusian flag-carrier Belavia has taken delivery of its first Boeing 737 Max, one of five of the re-engined type intended for the airline’s fleet. The Max 8 aircraft (EW-528PA) arrived in Minsk on 8 April, having flown from Seattle via Reykjavik. It was acquired through US lessor Air Lease under an agreement signed in mid-2018. Belavia says it will deploy the jet initially on its “most popular” connections but adds that the greater range of the Max will enable the airline to expand its network to cover new routes. The 174-seat aircra...

Icelandic Reference is made to press releases from 15 March 2019 and 26 September 2019 regarding a ruling of the Icelandic Internal Revenue Board which the Company decided to refer to the Icelandic courts, cf. note 26 in the Company’s Consolidated Financial Statements for year 2020. Today the Company received the judgement of Reykjavik District Court on the matter which ruled against claims made by the Company. With reference to information previously disclosed this judgement will neither affect the Company’s income statement nor lead to payment, other than payment of ordered litigation...