A campaign on crowd-funding site Indiegogo has raised over USD 40,000 (EUR 30,000, ISK 4.5 million), half of its target amount, in an attempt to save the last remaining commercial goat farm in Iceland.
The Consumer Agency has issued an administrative fine of ISK 1 million (USD 8,620, EUR 6,450) to clothing manufacturer Drífa ehf., which produces clothes under the name Icewear and Norwear, for having used misleading labels.
The first lambs of the season were butchered at Hvammstangi, a small town in Northwest Iceland, yesterday.
The import of beef to Iceland has increased tenfold in the first six months of the year, compared to the same period last year.
Minke whalers have only caught 18 animals this year, which is does not meet the demands of grocery stores and restaurants in Iceland.
Icelanders imported almost 600 kilos (1,322 pounds) of live insects, excluding bees, in the first six months of this year, worth ISK 4.5 million, mostly from Belgium and the U.K.
The harvest season for Icelandic vegetables and berries, both wild and commercially-grown, has begun. Wild Icelandic bilberries, blueberries and crowberries are available for sale.
Icelandic tycoon Björgólfur Thor Björgólfsson announced on Wednesday that he and his investment company Novator have completed their settlement to debtors, worth a total of ISK 1,200 billion.
Helgi Anton Eiríksson, CEO of Iceland Seafood International (ISI), one of the biggest exporter of Icelandic seafood, stated that Iceland must be careful in its relations with Russia.