Meteorologists warn of rare intensity as first winter storm approaches
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Iceland is preparing for a winter storm of unusually deep low pressure, with forecasters advising residents to brace for severe winds and heavy precipitation in the north. It is the season for such warnings, and residents are being advised on what to prepare for.
In labor relations, the chairperson of the Efling Union has declared a complete loss of trust in the Confederation of Icelandic Enterprise, accusing its director of political maneuvering. At the same time, the government is moving to tighten rules on indexed mortgages by shortening repayment terms and capping how much a loan's principal can grow.
A sixteen-year-old’s death has led his parents to issue a public warning regarding an underestimated danger. In the courts, the main defendant in the Reykholt case received an eight-year sentence, while a separate ruling handed a prison term and a 105m ISK fine to Sverrir Einar for tax evasion.