Please also take a look at the web site of a friend of mine, Hrafnhildur Arnadóttir, who was recently awarded the Nordic Award in Textiles and who has shown her work at New York MoMA, on the top floor at 7 World Trade Center and as a Macy's NYC window display. She has also created pieces for Björk, Lady Gaga and Nike.
She presents under the name Shoplifter (as the story goes, she was trying repeatedly to pronounce her name for someone at a loud party in New York and all that person could hear was "shoplifter"...the name stuck), and is as eclectic and colorful in person as the exciting works she creates.
Regarding politics (but why bother?) read about our latest fiasco here, and some background details on the hopes Iceland, and observers out in the real world, had placed on a generally-elected Constitutional Assembly. Those hopes are dashed, and somehow it feels as though some certain fate is sealed.