Iceland’s Finance Minister Swaps Position With Foreign Minister

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Iceland’s finance minister, who resigned this week on conflict-of-interest grounds, will swap positions with the nation’s foreign minister, the government announced on Saturday.

Thordis Kolbrun Reykfjord Gylfadottir, foreign minister since 2021, takes over at the finance ministry from Bjarni Benediktsson, who quit in a scandal over the sale of the state’s shares in Islandsbanki hf, where his father was among the investors.

“We will rise under the responsibility we took two years ago and finish these tasks,” Jakobsdottir said, adding that the government “stands on firm ground.” Benediktsson defended the move to simply change positions with Gylfadottir, which was criticized by Iceland’s opposition as inadequate. given the conflict of interest breach. A majority of respondents in a Gallup poll also had a negative opinion on the job-swap.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chile Finance Minister Downplays Inflation Risks From Currency SlumpChile’s finance minister played down the impact of one of the world’s worst currency routs on inflation, saying the short-term peso weakness is unlikely to divert the central bank’s plans to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

German Finance Minister Pushes Back Against Economic Prophets of “Doom”Germany is doing everything it can to bolster its struggling economy and prevent it from becoming the “sick man” of Europe, according to Finance Minister Christian Lindner.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Yellen: met with S.Korean finance minister, looking forward to trilateral with JapanExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Japan tells G20 it may need to act in FX market-Finance Minister SuzukiExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

G-20 Finance Chiefs Omit Specific Mention of Israel-Hamas WarGroup of 20 finance chiefs agreed on a communique that didn’t mention the Israel-Hamas war, the latest sign of the forum’s struggle to address conflicts seen as threats to the global economy.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Has Bitcoin become less risky than traditional finance assets?Bitcoin offered a more favorable risk-adjusted return when compared with other traditional finance assets, data showed.
Source: CryptoAmb - 🏆 22. / 68 Read more »