Moratorium on Capelin Fishing in Iceland

Minister of Fisheries Einar K. Gudfinnsson has issued a moratorium on capelin fishing, which will take effect at noon today. The Iceland Marine Research Institute proposed the moratorium yesterday because of poor results from research expeditions.

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Price of Beer in Iceland Set to Increase

Local brewery Ölgerd Egils Skallagrímssonar will increase the price of its beer as of March 1, though it has not been revealed by how much. According to CEO Andri Thór Gudmundsson, the price increase is necessary to meet higher production costs.

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