Next source: solar power
Þórarinn and his staff at IKEA have decided to reach even further in search for sustainable energy. That is a lot of space available for solar cells and I feel ahead are exciting times.“
Participating in Charge from the start
IKEA is thus with both feet firmly in various projects that touch upon energy and the company is participating in their second Charge conference. This has been part of our DNA for a very long time. You might say there is no reason for IKEA participating yet at the same time you might just as well say there is every reason,“ says Þórarinn. IKEA is on a never-ending quest to find ways that improve our use any given resource. Next up is an interesting experiment including solar cells to be placed on the rooftop of a 200 square meter building on the IKEA lot. As far as we are concerned, it is high time we all embraced the e-car implementation. „The evolution of solar cells has been rapid lately and nowadays a cell set up in our northern latitude will harness up to 80% of what it could muster at the Equator. noncleared-maintext”>
Participating in the 2017 edition of the Charge conference is Þórarinn Ævarsson, CEO of IKEA Iceland. All these products and packaging is a direct consequence of what the company has already been doing for decades. If our little experiment succeeds – and I have every faith that it will – we plan to take it to the next level and look to the roof of our main building, which is 14.000 square meters. Get a charge – free of charge
IKEA has also caught the attention of e-car owners with continued development of the parking lot outside of the Swedish furnituremaker in Kauptún, Garðabær, just outside of Reykjavík. And the charging is absolutely free of charge, to boot. „The costs incurred by us from delivering this service is minor and we feel that if we are prepared to give the charging, other will find it difficult to charge the customers. Then we have rechargable batteries and more products in that vein. Þórarinn envisions IKEA participating for the foreseable future. By that time it will serve us well to have taken part from day one. We just have to go ahead and take the step.“ To that end, IKEA Iceland is considering facilitating the purchase of an e-car for their staff via a special grant for a part of the price. Lest we forget, networking and meeting people is always important, and more often than not you tend to find that you have more in common with them than you initially thought.“ At first glance the connection between a furniture maker and the energy sector may not appear obvious but upon closer look it becomes more than evident. „When all is said and done there are actually a thousand valid reasons for us to participate in this conference. They are intended to provide the IKEA workers’ e-cars fleet with energy. It’s all part of who we are, utilizing nature and energy as efficiently as possible. „That simply depends on your outlook on things in general. At IKEA you can buy a water-saving faucet, LED-bulbs that save electricity and also at a very reasonable price, not to mention all our furniture is packaged into flat boxes that only take a fraction of the space any pre-assembled furniture takes in cargo. This is our collective duty, to use resources and raw materials in a sensible, sustainable way. There you will find 50 electric vehicle charging stations – centrally located – plus another 10 stations in the designated staff lot. „I believe in this event and I am certain that in a few years people will be talking about it as an important component of the energy dialogue.

The Guardian writes, “The leaked documents, seen by Icelandic investigative journalists and the Guardian, suggest he enjoyed a privileged relationship with Glitnir, close enough to raise questions about a possible conflict of interest between his roles as an MP and as one of the bank’s most valued clients
They also confirm that other members of the prime minister’s family – one of the richest and most powerful in the country – divested substantial assets in Glitnir’s Sjoður 9 fund in the run-up to the state takeover. The bank was nationalized on September 29th. 
While he denies any wrongdoing and the Guardian has seen no evidence he broke any laws, the revelations could be embarrassing: Benediktsson faces elections on 28 October after his coalition collapsed last month over an alleged attempt to cover up a scandal involving the prime minister’s father and a convicted child sex abuser. The leaked documents show he had ISK165m (more than £1m at the time) in the fund in March 2008.”
The reports by Stundin in Icelandic: 
Stundin: „Bjarni ben segir að fme séu á skrilljón að vinna í þessu núna“
Stundin: Seldi í Sjóði 9 sama dag og neyðarlögin voru sett
Stundin: Benedikt var leystur undan sjálfskuldarábyrgð skömmu fyrir þjóðnýtingu Glitnis
Benediktsson told The Guardian that after the crash he decided it was “not appropriate” to have both major business and political interests. noncleared-maintext”>
Documents published by news outlet Stundin in cooperation with Reykjavik Media and British newspaper The Guardian shows that PM Bjarni Benediktsson, who was an MP at the time, sold all his assets in a Glitnir bank fund called „Sjóður 9“ hours before the crash in 2008. “I sold my shares and equities, resigned all my board positions, and focused on my political career,” he said. Asked whether he had personally sold assets from the fund just before the bank’s collapse, Benediktsson said last year he had “some assets at one point” but “nothing that mattered”. He was elected leader of his party in March 2009.  Benediktsson is the leader of Iceland’s Independence Party. 
Benediktsson had in the days before the crash attended a meeting as an MP on the serious position that the bank was in. 
As reported by on October 1st, 2008, all trade in shares in Sjóður 9 was halted temporarily on September 30th 2008 due to its position but opened again shortly after.

The second occurred last night around 2 am and measured 3.4. 

 Yesterday afternoon an earthquake of 3.9 was detected at Grímsey followed by two more earthquakes last night at 3.5 and 3 consequently.  noncleared-maintext”>
Several earthquakes were measured at Grímsey island north of Iceland last night as well as at Bárðarbunga but according to the Iceland Met Office there is no sign of volcanic unrest. 
Two earthquakes at a magnitude of over 3 were measured at Bárðarbunga in the last 24 hours. The earlier one occurred yesterday morning just before 10 am and measured 3.7.

But he’s a bit of a loner, he gets left out a bit. The owners have finally decided upon his fate – he is to be auctioned for charity in November in the county of Skaftárhreppur. 

Unicorn found in Iceland

It’s an annual auction with all proceeds going to local charities. He just liked going there along with the other rams.”

Instead of putting him on display for tourists, Ólafsdóttir says that they let him lead the quiet life. Following our report last spring, the story was picked up by the BBC, the Daily Mail, Newsweek and Mashable to name a few. 

“I sometimes forget how famous he is,” says Ólafsdóttir. Einhyrningur has had a good life since hitting international headlines, says his owner Erla Þórey Ólafsdóttir. “He just spent the summer in the fields with the other rams. I don’t know if it’s because he’s different or whether he just choses to be alone for some reason.” “He’s had a good summer and even went to a ram show although he didn’t get judged. noncleared-maintext bigimgs-interleaved”>

Icelandic ram Einhyrningur (Unicorn) gained world attention this spring.

A man in his seventies died in a fire in Laugarnesvegur, Reykjavik, on Saturday. The man’s body was discovered on Monday. 
The Reykjavik Metropolitan Police is investigating the incident but it is not believed that there was foul play involved.  Nobody noticed the fire which seems to have been contained within the flat and was extinguished by itself.

No one could have been unaware that a very serious situation had arisen in the Icelandic financial sector. In addition, the bank’s winding-up committee examined all transactions prior to the collapse. These reports insinuate that I abused my position and engaged in insider trading. These reports insinuate that I abused my position and engaged in insider trading. These are serious accusations. Sixth, I wish to state that I took the decision many years ago to resign from all my positions on the boards of companies and to sell all shares I owned in order to devote all my working energies to a position of leadership in Icelandic politics. These are serious accusations. While preparing those articles we spoke to a large number of experts both in and outside the financial sector; our conversations concerned, in particular, what measures could be taken to avoid loss. ” Despite repeated investigations no fault has been found with any of my transactions leading up to the crash. This has no basis in reality. No stone was left unturned, and particular attention was focused on the events preceding the financial collapse. All of this is covered in the SIC’s report. I sold my holding in Fund 9 and purchased units in Funds 5 and 7, amongst others, which carried less risk, and continued to keep my money in Glitnir bank. I then sold that holding gradually over the year, transferring parts of the proceeds to other funds and deposit accounts in the bank.”
In his statement Benediktsson continues and writes: 
“Today’s news reports imply that I was in possession of confidential information about the standing of the financial system, or of Glitnir, at the time when I sold my shares, on the one hand, and when I sold the remaining balance I owned in Fund 9 in the days prior to the collapse of the bank on the other. Trades on Fund 9 were allowed to resume on 1 October and by that time its value had decreased by 7%. The coming general election is a chance to do this.” We must channel our energies into this rebuilding and make use of the many opportunities we have to improve our standard of living. Stundin said that Benediktsson had inside knowledge of the real situation of the bank and the financial system as a whole. 
Benediktsson writes that it’s wrong that he had confidential information on the state of the bank and the financial system as a whole. 
“Today’s news reports imply that I was in possession of confidential information about the standing of the financial system, or of Glitnir, at the time when I sold my shares, on the one hand, and when I sold the remaining balance I owned in Fund 9 in the days prior to the collapse of the bank on the other. It was obvious to everyone, on the other hand, that the FME was working on these matters.  
Fifth, as is generally known, the Special Investigation Commission (SIC) appointed by parliament to examine the events leading up to the collapse of the banking system received the broadest possible authorisations for carrying out its investigations. Both suggestions are wrong. Fourth, it has been insinuated that I relayed information about the work of the Icelandic Financial Supervisory Authority (FME) to an employee of the bank. A global financial crisis raged throughout the whole of 2008, and Iceland did not escape it. Illugi Gunnarsson and I wrote articles about this situation in February 2008 in which we drew particular attention to how serious the matter had become and proposed methods to address it. During the days following this announcement and down to the passing of the emergency legislation on 6 October Iceland’s finance markets were in free fall. The financial collapse, which was an immense blow for Iceland’s economy, has been investigated to the last detail. I have no quarrel with those who say that it is inappropriate for political leaders to engage in business activities. It would have been irresponsible if the FME had not been making every possible effort at this time to save what could be saved, and that I perhaps said something to this effect gives no occasion for reporting in the news. Second, it is not true that I applied to have my shares sold on the same day that the emergency legislation was passed, 6 October 2008. I have shown, in practice, how I consider it best to draw a line between the two. “Despite repeated investigations no fault has been found with any of my transactions leading up to the crash.”
Icelandic PM sold funds just before the economic crash
Benediktsson has written a statement on his Facebook page because of this mornings media coverage by Stundin, The Guardian and Reykjavik Media which reveals that Benediktsson sold his assets in a fund called Sjóður 9 (Fund 9)  at Glitnir bank hours before Iceland’s economic crash. We in Iceland have made a success of rebuilding our country. No criticisms have at any time been made of my dealings with the bank. A few points are of crucial importance here:

First, attention should be drawn to the fact that on 29 September 2008 it was announced that the state intended to take over 75% of Glitnir; this was two weeks after the collapse of the bank Lehman Brothers. No such information was relayed; I did not possess any such information. I have never been accused by anyone, apart from certain journalists and the occasional political opponent, of having done anything suspicious. The fact is that I applied for this on 2 October, as is demonstrated by the documents that have been produced on this matter; the settlement, on the other hand, took 2-3 banking days. Attempts by the Icelandic banks to refinance their obligations at the beginning of the year bore no result and share prices fell rapidly. Our proposals were influenced by these discussions. This was after the announcement had been made concerning the state’s taking over of the bank. Both suggestions are wrong.”
Benediktsson says that all his transactions with Glitnir Bank were normal. It is important to note that trades on Fund 9 were suspended on the day Glitnir banki was taken over by the Icelandic authorities on 29 of September. noncleared-maintext”>
Prime Minister Bjarni Benediktsson responds to this morning allegations saying that all his transactions with Glitnir Bank were normal. Third, I wish to have it stated clearly that a part of my investments in the bank’s funds, like those of many other customers of the bank, were locked in there for many years. This is the crux of the matter.”
He goes on to say that as previously announced, he had sold his Glitnir shares in 2008.  “After the sale, the sums raised continued to be held in the bank, mostly in Fund 9 (a mutual fund). Everything that happened in the period preceding the collapse has been scrutinised twice.