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  • *Iceland Q2 GDP Down S.a 1.1% On Quarter Iceland Q2 GDP Down S.a 1.1% On Quarter

    *Iceland Q2 GDP Down S.a 1.1% On Quarter

    *Iceland Q2 GDP Down S.a 1.1% On Quarter Iceland Q2 GDP Down S.a 1.1% On Quarter
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  • *Iceland Aug CPI Up 1.7% On Year Vs. 1.8% In July Iceland Aug CPI Up 1.7% On Year Vs. 1.8% In July

    *Iceland Aug CPI Up 1.7% On Year Vs. 1.8% In July

    *Iceland Aug CPI Up 1.7% On Year Vs. 1.8% In July Iceland Aug CPI Up 1.7% On Year Vs. 1.8% In July
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  • *Iceland Aug CPI Up 0.2% On Month Vs. Flat In July Iceland Aug CPI Up 0.2% On Month Vs. Flat In July

    *Iceland Aug CPI Up 0.2% On Month Vs. Flat In July

    *Iceland Aug CPI Up 0.2% On Month Vs. Flat In July Iceland Aug CPI Up 0.2% On Month Vs. Flat In July
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  • Last month, The Drive reported on Yariv Bash’s Israel drone delivery company, Flytrex, and its ambition of becoming the world’s first autonomous drone delivery system. The goal is for the Flytrex name to hold the kind of status in the minds of consumers that FedEx does, at least when it comes to questions regarding drone delivery. It was only a month ago that Flytrex was successfully running pilot programs alongside the Ukrainian postal service to prepare its autonomous system for full-scale implementation; now, it's moved on to officially delivering food. According to Flytrex’s press release, the company has officially begun launching food deliveries via drone in the Icelandic capital of Reykjavík. Flytrex partnered with Aha, which is the go-to online marketplace for the country (think Amazon, but Icelandic), in order to bring the potential success of this to the highest domestic scale possible. The partnership claims to be "the world's first operational on-demand urban dro..

    Flytrex Launches World’s First Autonomous Drone Delivery System in Iceland

    Last month, The Drive reported on Yariv Bash’s Israel drone delivery company, Flytrex, and its ambition of becoming the world’s first autonomous drone delivery system. The goal is for the Flytrex name to hold the kind of status in the minds of consumers that FedEx does, at least when it comes to questions regarding drone delivery. It was only a month ago that Flytrex was successfully running pilot programs alongside the Ukrainian postal service to prepare its autonomous system for full-scale implementation; now, it's moved on to officially delivering food. According to Flytrex’s press release, the company has officially begun launching food deliveries via drone in the Icelandic capital of Reykjavík. Flytrex partnered with Aha, which is the go-to online marketplace for the country (think Amazon, but Icelandic), in order to bring the potential success of this to the highest domestic scale possible. The partnership claims to be "the world's first operational on-demand urban dro..
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  • Iceland CB Holds Rate Unchanged, Slashes Growth Forecast Iceland's central bank left its key interest rate unchanged on Wednesday after keeping trimming it in June, and cut its economic growth forecasts. The Monetary Policy Committee of the Sedlabanki left the rate on seven-day term deposits at 4.5 percent. The rate was cut by 25 basis points each in May and June. "The outlook is for GDP growth to be strong this year, as it was in 2016, albeit somewhat weaker than was forecast in the May issue of Monetary Bulletin," the bank said. "GDP growth is driven in particular by growth in tourism and private consumption; furthermore, the outlook is for fiscal easing this year." In the latest Monetary Bulletin, released on Wednesday, the bank trimmed its GDP growth outlook for this year to 5.2 percent from 6.3 percent forecast in the February issue. The projection for next year was lowered to 3.3 percent from 3.5 percent. Short-term inflation expectations have risen slightly..

    Iceland CB Holds Rate Unchanged, Slashes Growth Forecast

    Iceland CB Holds Rate Unchanged, Slashes Growth Forecast Iceland's central bank left its key interest rate unchanged on Wednesday after keeping trimming it in June, and cut its economic growth forecasts. The Monetary Policy Committee of the Sedlabanki left the rate on seven-day term deposits at 4.5 percent. The rate was cut by 25 basis points each in May and June. "The outlook is for GDP growth to be strong this year, as it was in 2016, albeit somewhat weaker than was forecast in the May issue of Monetary Bulletin," the bank said. "GDP growth is driven in particular by growth in tourism and private consumption; furthermore, the outlook is for fiscal easing this year." In the latest Monetary Bulletin, released on Wednesday, the bank trimmed its GDP growth outlook for this year to 5.2 percent from 6.3 percent forecast in the February issue. The projection for next year was lowered to 3.3 percent from 3.5 percent. Short-term inflation expectations have risen slightly..
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  • *Iceland CB Keeps Key Interest Rate Unchanged At 4.5% Iceland CB Keeps Key Interest Rate Unchanged At 4.5%

    *Iceland CB Keeps Key Interest Rate Unchanged At 4.5%

    *Iceland CB Keeps Key Interest Rate Unchanged At 4.5% Iceland CB Keeps Key Interest Rate Unchanged At 4.5%
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  • *Iceland Jul Wage Cost Flat On Month Vs. +1% In June Iceland Jul Wage Cost Flat On Month Vs. +1% In June

    *Iceland Jul Wage Cost Flat On Month Vs. +1% In June

    *Iceland Jul Wage Cost Flat On Month Vs. +1% In June Iceland Jul Wage Cost Flat On Month Vs. +1% In June
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  • Marcus Rashford's attitude was as impressive as his aptitude as the forward helped England come from behind and fire Gareth Southgate's men to the brink of World Cup qualification. Friday's flattering 4-0 win in Malta may have frustrated but this crunch Group F clash was on course to end in disaster after the visitors, ready to usurp the Three Lions as leaders, went ahead inside three minutes.Stanislav Lobotka stunned Wembley after brutally punishing an error by Rashford, but the 19-year-old rallied rather than wilted, setting up Eric Dier before stylishly wrapping up a 2-1 win to leave England on the cusp of next summer's tournament in Russia.Southgate's men now boast a five-point cushion over second-place Slovakia after the comeback win that stirred most of the 67,823 in attendance, just days after an underwhelming display led some travelling fans to turn on their team in Malta.It was not all straightforward on Monday, though, as Lobotka struck early for ..

    England come from behind to beat Slovakia and close on World Cup qualification

    Marcus Rashford's attitude was as impressive as his aptitude as the forward helped England come from behind and fire Gareth Southgate's men to the brink of World Cup qualification. Friday's flattering 4-0 win in Malta may have frustrated but this crunch Group F clash was on course to end in disaster after the visitors, ready to usurp the Three Lions as leaders, went ahead inside three minutes.Stanislav Lobotka stunned Wembley after brutally punishing an error by Rashford, but the 19-year-old rallied rather than wilted, setting up Eric Dier before stylishly wrapping up a 2-1 win to leave England on the cusp of next summer's tournament in Russia.Southgate's men now boast a five-point cushion over second-place Slovakia after the comeback win that stirred most of the 67,823 in attendance, just days after an underwhelming display led some travelling fans to turn on their team in Malta.It was not all straightforward on Monday, though, as Lobotka struck early for ..
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  • Swansea midfielder Gylfi Sigurdsson is set for a medical at Everton today ahead of his proposed £45million move.The Icelandic playmaker will finally undergo final checks before aiming to complete his protracted transfer to Goodison Park, Press Association Sport understands.The saga has dragged on for most of the summer with Swansea initially valuing the 27-year-old at £50million.But Everton are finally set to secure their number one summer target at a price slightly lower than Swansea had wanted and take their summer spending to over £140million.Sigurdsson pulled out of Swansea's pre-season tour to the United States after Everton's interest had become clear.He rejoined first-team training upon Swansea's return from the States but he did not figure in their Premier League opener at Southampton on Saturday.Swansea rejected two Everton bids for Sigurdsson, but Toffees boss Ronald Koeman said last weekend that the deal was "still close" after reports that talks between..

    Gylfi Sigurdsson set for Everton medical as he nears Swansea exit

    Swansea midfielder Gylfi Sigurdsson is set for a medical at Everton today ahead of his proposed £45million move.The Icelandic playmaker will finally undergo final checks before aiming to complete his protracted transfer to Goodison Park, Press Association Sport understands.The saga has dragged on for most of the summer with Swansea initially valuing the 27-year-old at £50million.But Everton are finally set to secure their number one summer target at a price slightly lower than Swansea had wanted and take their summer spending to over £140million.Sigurdsson pulled out of Swansea's pre-season tour to the United States after Everton's interest had become clear.He rejoined first-team training upon Swansea's return from the States but he did not figure in their Premier League opener at Southampton on Saturday.Swansea rejected two Everton bids for Sigurdsson, but Toffees boss Ronald Koeman said last weekend that the deal was "still close" after reports that talks between..
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