Lögberg-Heimskringla - 01.02.2019, Side 2

Lögberg-Heimskringla - 01.02.2019, Side 2
VISIT OUR WEBSITE LH-INC.CA 2 • Lögberg-Heimskringla • February 1 2019 NEWS BRIEFS 203.803.8899 | kent@gudlite.com | www.gudlite.com DJ SERVICES LIGHTING PLANNING Weddings | Socials | Holiday Parties | Corporate Events | Production Foreign Minister Guðlaugur Þór Þórðarson said that Brexit had long been a priority in the ministry. He said that various scenarios had been drawn up to evaluate their effect and required measures, depending on the outcome of Britain’s exit from the European Union. If nothing changes, Britain will exit the EU on March 29, 2019. “We have worked a very long time on this as a priority. We have laid out more scenarios than just an exit agreement, including exit without an agreement. This does not come as a surprise,” Guðlaugur told RÚV in mid- January. He said that the Icelandic government had been in contact and collaboration regarding Brexit with the British and Iceland’s other neighbouring and collaborating states. “We will continue working on this according to our initiative. We think that we have gone fairly far in ensuring the most important aspects, in particular, whether they involve trade, air traffic, or citizens’ rights. Thus, we are not starting on this now. Our biggest problem involves Britain and the EU. We cannot deal with this because there is very little trade between Britain and the EU in which we participate directly or indirectly. This complicates things for us,” said the foreign minister. “Regarding what involves Iceland and Britain, we cannot complain about the British response. Far from it. They heavily emphasize maintaining trade and relations comparable to what we now have. This may be in several parts because time is short, and the exit will move fast. We will have to see to it that there will be as little disruption to relations as possible. In addition, we are looking further ahead, and we have more time to do so.” He said that the matter involved the EU as much as the British. “Now, no one can say joining the EU is a minor matter because exiting it is no problem. Even though a democratic vote approves exiting, doing so is very complicated,” said Guðlaugur. He noted that European states’ collaboration was diverse. For example, it involves the EU, European Free Trade Association (EFTA), European Economic Area (EEA), Schengen Agreement, NATO, and so on. If a nation wished to withdraw from any of these collaborations, it would be desirable for the process to be smooth and not disrupt trade and good relations. Reprinted with permission from Icelandic News Briefs, published by KOM PR. Brexit will be priority for a long time Indigo will acquire at least 49 percent share of WOW Morgunblaðið – The U.S. investment firm Indigo Partners will acquire at least a 49 percent share in WOW Air if the purchase of the airline company goes through. The form of Indigo’s investment will be a variable loan with a due date after 10 years. Interest will be paid annually on the principal and accumulated interest through to the end of the loan period. These are among the key points in the announcement to bondholders from Skúli Hogenson, WOW Air’s founder and CEO. However, Indigo’s share could become bigger if Indigo utilizes its right to convert its loan into new share capital during this long period, “in accordance with the rules on foreign ownership.” Tourists increased by 5.5 percent in 2018 vb.is – The number of foreign airline passengers departing from Iceland in 2018 exceeded the number in 2017, except in April. Over the entire year, the number of tourists increased by 5.5 percent. The departures have more than doubled since 2014. From 2013 to 2018, the average increase year-over-year was 24.8 percent but it was greatest from 2015 to 2016 when it reached 40.1 percent. People from the United States accounted for the most departures in 2018 – about 695,000. This was 20.5 percent more than in 2017. The total departures of people from the U.S. and Britain accounted for 42.9 percent of the total departures. Equal wages certification is historic Morgunblaðið – The Central Bank of Iceland has qualified for formal equal wages certification. According to the bank’s news release, it is the first central bank in the world to do so. BSI, a certified inspection firm in Iceland, and agent of BSI Group (British Standards Institution), performed the evaluation. The equal wages system covers all of the bank’s employees. The system is a collection of processes, wage criteria, procedures documentation, etc., to ensure that procedure and decision-making in wage affairs does not entail sexual discrimination. “The Central Bank of Iceland amply emphasizes following provisions of law on the equal position and equal rights of women and men,” the bank’s statement said. State wants to sell Íslandsbanki and part of Landsbanki ruv.is – The Icelandic government must reduce its extensive ownership in the country’s banks and ought to sell Íslandsbanki, while holding on to a 35 to 40 percent share of Landsbanki, according to Minister of Finance and Economic Affairs Bjarni Benediktsson. The finance minister hopes it will be possible to start the sales process during the government’s current term of office. Most of the nation looks favourably on the state owning a share in the banks. The Icelandic state is presently the sole owner of Íslandsbanki and owns a more than 98 percent of Landsbanki. The “white book” on the financial system was presented this past December. It encouraged the government to explore the possibility of selling all of Íslandsbanki and part of its ownership share in Landsbanki. On the other hand, a new Gallup poll on trust in the banking system revealed that a large majority of the public was favourable toward the state’s ownership in the banks. There, 62 percent said they were very or mostly positive towards the Icelandic state being an owner of commercial banks. By contrast, only 14 percent said they were very or mostly negative towards it. The government’s coalition agreement says that the government wants to find ways to reduce the state’s ownership of financial companies. “I personally hope that we can start this process with purposeful steps in this term,” said the finance minister. Circumcision bill will not be reintroduced Frettablaðið – Silja Dögg Gunnarsdóttir’s bill proposing to amend the penal code to ban the circumcision of boys unless medically justified will not be reintroduced unamended in this session of parliament. Jewish religious organization around the world severely criticized the bill, which was introduced in Alþingi’s last session, but the Judicial Affairs and Education Committee wanted it dismissed and sent to the Office of the Prime Minister for consideration. visir.is – Minister of Education, Science and Culture Lilja Alfreðsdóttir said that supporting mass media operations was an important measure for society. A parliamentary bill that her ministry has prepared proposes that the state financially support privately operated mass media outlets. Speaking on Radio Bylgjan, Lilja said that she expected to present a draft of the bill to the government next week. The bill would include provisions for the reimbursement of privately owned mass media. After fulfilling conditions, they could be reimbursed for up to 25 percent of the cost of gathering or disseminating news, news-related material, or discussion of social matters. “It is so important that there is balance in the mass media market regarding democratic discussion, and that people can participate in it,” said the minister. The bill conforms to the Nordic model for supporting mass media. To a large extent, its points of reference are to existing Norwegian and Danish legislation. The Radio Bylgjan hosts repeatedly asked Lilja about the advertising market and state broadcasting’s competition with privately operated media. She replied that the bill focused solely on privately operated mass media, but she did not directly answer whether taking RÚV (the state broadcasting network) out of the advertising market was a possibility. Reports she has received have presented different arguments. In some places, the experience has been that the domestic advertising market shrinks after state- operated mass media are removed. Advertising revenues then flow into major online companies like Facebook or Google. Reprinted with permission from Icelandic News Briefs, published by KOM PR. PROPOSED LEGISLATION AIMS TO STRENGTHEN MASS MEDIA Greetings from Gordon J. Reykdal Honorary Consul of the Republic of Iceland Suite #10250 – 176 Street Edmonton, Alberta T5S 1L2 Cell: 780.497.1480 E-mail: gjreykdal@gmail.com COURTESY VEHICLES AVAILABLE MPI ACCREDITED In House Financing Available OAC 486 River Road Arborg, MB Tel: 204-376-5053 204-376-2374 Body Repair & Paint Mechanical Service Glass Replacement or Arborg Autobody Quality Car & Truck Sales L-H Translat ion Serv ices English to Icelandic or Icelandic to English We can accommodate your translation needs IMAGE COURTESY OF PIXABAY contact L-H for a quote LH@LH-INC.CA (204) 284 5686 TF: 1-866-564-2374 IMAGE COURTESY OF PIXABAY L-H Translat ion Serv ices English to Icelandic or Icelandic to English We can accommodate your translation needs contact L-H for a quote LH@LH-INC.CA (204) 284 5686 TF: 1-866-564-2374

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