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The referendum was the first to be held in Iceland since 1944, and required special legislation. The Althing (Iceland's parliament) approved a motion on 8 January 2010 which called for the referendum to be held by 6 March at the latest. The motion passed by 49–0 with 14 abstentions. [5] The date of the referendum was later set for 6 March. [1]
Icesave logo. The Icesave dispute was a diplomatic dispute among Iceland, the Netherlands and the United Kingdom.It began after the privately owned Icelandic bank Landsbanki was placed in receivership on 7 October 2008.
The three appointed judges first convened in Hólavallarskóli on 10 August 1801. The High Court was to hold regular sessions and function as the court of highest instance in the country. It operated until 1920, when the Supreme Court of Iceland was established. [4]
Iceland became a full European Free Trade Association member in 1970 and entered into a free trade agreement with the European Community in 1973. Under the agreement on a European Economic Area, effective January 1, 1994, there is basically free cross-border movement of capital, labor, goods, and services between Iceland, Norway, and the EU ...
A court in Ukraine orders the arrest of agriculture minister Mykola Solskyi on a charge of illegal acquisition of land worth $7 million. Thousands of people protest in Budapest, Hungary, demanding reforms to child protection laws. A court in Romania rules that the human trafficking trial of British businessman Andrew Tate can proceed.
A loan of £2.2 billion to the Icelandic government was expected to cover the claims against the Icelandic DIGF relating to Icesave, while the exposure of the UK FSCS is expected to be £1-2 billion. The Supreme Court of Iceland, in 2011, ordered the repayment of "£4.5bn to the UK and €1.6bn (£1.2bn) by liquidating assets". [161]
U.S. District Court Judge Samuel B. Kent is impeached by the U.S. House of Representatives on charges of obstruction of justice. The U.S. Treasury Department confirmed that 10 big banks have met the necessary requirements to repay funds that they have received—a total of $58 billion—in the Troubled Asset Relief Program of October 2008.
In Baghdad, Iraq multiple suicide bombings go off during mid-day rush hour, killing 4 and injuring about 16, another strike at 7:15am hits a mini-bus heading from Sadr City into downtown Baghdad, killing 3 including a police officer, and 9 others are wounded. Also, three other bombs go off simultaneously in a business district killing 1 and ...