Icelandic Budget Airline WOW Air Ceases Operations

By EGILL BJARNASON Associated Press REYKJAVIK, Iceland (AP) — Icelandic budget airline WOW Air ceased operations on Thursday, stranding passengers across two continents. In a statement on its website the airline, which had earlier suspended all its flights, told passengers there would be no further flights and advised them to check flights with other airlines…

Iceland’s Prime Minister Resigns Amid Offshore Tax Scandal

REYKJAVIK, Iceland (AP) — A member of the Icelandic government says embattled Prime Minister Sigmundur David Gunnlaugsson will resign amid the controversy over his offshore holdings. Agriculture Minister Sigurdur Ingi Johannsson told Icelandic broadcaster RUV that Gunnlaugsson was stepping down as leader of the country’s coalition government. Opposition lawmakers say Gunnlaugsson’s offshore holdings amounted to…