are also beginning to focus on the prime office accommodation. There will be many challenges to the Faroese in the near future. Will the tourist industry, which can benefit from improved links with the [...] because of the oil industry and the challenge for the Faroes, if oil is discovered in its waters, will be to capitalise on the opportunity yet retain the unique charm of the islands. Aberdeen and the [...] people simply handed their keys into their building societies and told them ?Sell the house if you can, I?m off.? Rear window stickers appeared in cars all over the city pleading with the Almighty for a second

remote Scottish beach. Playing an American oil tycoon called Felix Happer, he announces: »Now I'm here I think I'd like to organise a presentation. Something these people might need like a church hall .. [...] added: »You'll notice that I'm still farming.« »I would have been extremely wealthy today if we didn't have a Labour Government - which meant high taxes - at the time.« »I got 83,000 (pounds) for 57 acres [...] to almost 143 million (pounds) in total. »There will always be some people who will think we could have done better,«said Councillor Halcro-Johnston. »But I think the deal was fair. It was within what the

FAROE Law By Eyðfinnur Jacobsen, Attorney-at-law I Introduction Income tax payment is part of everyday life for the Faroese people. Most Faroese taxpayers pay income tax as this is considered an appropriate [...] reduced by 15% before tax assessment takes place. The part of the wages exceeding 500,000 DKK, however, will not be reduced. The reduction, therefore, only affects annual wages of 500,000 DKK or less. The taxable [...] Hydrocarbon Tax Act only, pay tax on »derivative income« by 20%. C. Tax Rates. As is apparent from what I have outlined above, the tax liability is of great importance for the tax rates on »derivative income«

Ladies and gentlemen, One year ago I had the privilege to open the first Offshore Faroes conference, and I am honoured to be invited back this year. Last year we were on the brink of a new industry in [...] the drillings this summer will be subjected to intense studies over the coming months. If we see hydrocarbon production on the Faroe Shelf in the future, the local industry will also face a new challenge [...] satisfactory manner. However I still think that this conference is a good forum for dialog between the parties involved, as they from time to time might seem to have opposite interests. I would like to thank the

the Holy Trinity" í Toronto. Aftur hesu ferð mest góð coverløg. Sera góðar innspælingar av "I?m so longsome I could cry" hjá Hank Williams og "Walking after midnight". Kendasti sangurin hjá Cowboy Junkies [...] how I feel" vísir, at tey hava talent fyri at skriva góðar tekstir. Eitt brot er : "Half moon in the sky tonight, bright enough to come up with an answer to the question why is it that every time I see [...] memory leaves my stomach churning, feeling like a lie about to be revealed, but I'll horde all this to myself cause cheap is how I feel". Michael Timmins skrivar næstan allar tekstirnar, men onkuntíð er tað

dansaðu fyri publegum, og so kom massar av royki, og so kom Brandur inn á pallin og byrjaði at syngja "I will be waiting in the moonlight." Og tá hoyrdi man væl, at tað vóru uml. 600 fólk í høllini. Tá ið konsertin

Fótbóltssøga ?I have a dream!? ljóðaði í sekstiárunum, hundrað ár eftir, at Abraham Lincoln royndi at gera dreymin hjá hesum manni og hansara ættarfólki til veruleika. Tó vóru hann og nógv av hansara noydd [...] 1999. Tað árið var tað The Treble ? eisini steypakappingin heima í Onglandi varð vunnin. The show will go on Seinasta árið gjørdist nógv lakari. Einki steyp av nøkrum slagi. Hetta kappingarárið byrjaði

hevur tikið 15 mánaðir at gera allar upptøkurnar. Miðaldrar professarin "I will take it. . . I will take the Ring to Mordor. . . though I do not know the way" Hobbiturin Frodo, úr Ringanna Harri. John Ronald

? R&b ? sovorðið sukursøtt tvætl! Hvør sangur kann fáa teg út á dansigólvið? ? Gloria Gaynor og »I Will Survive«. Hvat er tann fyrsti sangurin, sum tú minnist teg dáma? ? Sangurin æt »Holiday«, men eg

Maiden. Celine Dion. Shoppingmusikkur. Hvør sangur kann fáa teg út á dansigólvið? Gloria Gaynor "I Will Survive" og feitu disko croonaraløgini hjá Bee Gees. Hvør er tann fyrsti sangurin, sum tú minnist