There were concerns that the rapid international expansion of Icelandic banks, financed principally by overseas borrowing, could affect the earnings of Glitnir, Landsbanki and Kaupthings banks as the cost of borrowing has risen during the credit crisis.
The Financial times published an article about the situation of the Icelandic banks in a positive manner (for once).
The [...]
Landsbanki Research has published a new long-term currency forecast. Once again things have darkened a little bit since their last report.
In the short run the ISK will continue to fluctuate near its current level. The deeper than expected and more persistent nature of the global credit crunch will delay any substantial ISK appreciation. Positive long-term [...]
Warning: Geek inside
A breach has been found on a fundamental flaw in the DNS protocol which allows an attacker to poison a DNS cache. A Domaine Name Server is essentially an immense, worldwide distributed database. DNS servers across the world help translate Internet domain names, which are letters readable to humans, into the IP addresses, [...]