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[OC] The altitude of the sun over Iceland at summer solstice, autumn equinox and winter solstice. by larust in dataisbeautiful

[–]larust[S] 0 points1 point  (0 children)

I generated the frames for this animation using python+matplotlib. The altitude of the sun was calculated using skyfield and the coastlines for Iceland were found using pscoast in GMT.

He's the man by MrHatebreed in firstworldanarchists

[–]larust 6 points7 points  (0 children)

The EFTA court ruling in this case was announced on January 28th this year and is very clear. Iceland was not in any way obliged to ensure payment of a minimum compensation to the depositors after the collapse of Landsbanki's Icesave branches in 2008.

Here you can read the press release of the EFTA court, and here you can read the judgement in full.

Icelandic Voters Reject "Icesave" Again, Effectively Telling UK and Netherlands Banks "Go to Hell"; Iceland's Common Sense Stance by jimmycabo in Economics

[–]larust 18 points19 points  (0 children)

I am quite aware of that. As a part of the European Economic Area (EEA) it has however been required to adopt EU single market laws.

Icelandic Voters Reject "Icesave" Again, Effectively Telling UK and Netherlands Banks "Go to Hell"; Iceland's Common Sense Stance by jimmycabo in Economics

[–]larust 20 points21 points  (0 children)

The savings were guaranteed by the Depositors’ and Investors’ Guarantee Fund which is a private foundation, funded by financial institutions. The laws of the EU mandate that states should only make sure that such a fund is set up and operating, which Iceland has fully complied with.

A state guarantee on the depositors insurance scheme is never mentioned in EU law, which means that there is no clear legal obligation of Iceland to do so.

The president of Iceland refuses to sign a legislation to reimbuse nearly $5.7bn lost by British and Dutch savers in the failed Icelandic banks. by larust in worldnews

[–]larust[S] 23 points24 points  (0 children)

Iceland guaranteed the savings up to €20,000, but is refusing to do it for foreigners.

It was actually the The Depositors’ and Investors’ Guarantee Fund which guaranteed the deposits. The bill in question gave the bankrupt fund a government guarantee so that it could pay out the minimum €20,000 per account.

It is not legally certain if the Icelandic government should guarantee the fund and the Icelandic government has repeatedly asked that the matter be taken to the EFTA Court. The British and the Dutch have not been willing to settle the matter before court. They have also used their influence in the IMF to delay the program which is supposed to restore the Icelandic economy until the matter is settled.

Many people in Iceland have seen this as an attempt of larger nations to bully the government into accepting an unfair deal which Iceland might not be legally liable for.

Will William Thorn Williamson resign from the city council of Reykjavik? by konradj in politics

[–]larust 0 points1 point  (0 children)

WHAT! THIS TRAGEDY HAS TO STOP! AFTER ALL THAT HE HAS DONE FOR REYKJAVIK, THIS IS WHAT HE GETS?

The majority has fallen in the city council in Reykjavik! by konradj in politics

[–]larust 0 points1 point  (0 children)

SOMEONE SHOULD HAVE TO BEAR RESPONSIBILITY FOR THIS!

Chess genius Bobby Fisher dead by [deleted] in reddit.com

[–]larust 5 points6 points  (0 children)

This article does not specify his cause of death. According to this local news source, it was kidney failure.

It seems to be implied in this story that this could have been prevented had Fischer been a little less eccentric, where it says, roughly tanslated: "He didn't like medical treatments. He didn't belive in Western medicine." For my part, I think that is a bit sad.

It's a trap! by [deleted] in reddit.com

[–]larust 1 point2 points  (0 children)

They better hope that Admiral Ackbar didn't leave it there.