Wikileaks sets up shop in Iceland -

Whistleblowing website Wikileaks has reportedly registered a company in Iceland, reports Icenews. The company, called Sunshine Press Production, is located in an apartment building on a street called Klapparhlíð in the town of Mosfellsbæ, at the home address of one of the Icelandic members of the company's board. Mosfellsbæ is right around the corner from Iceland's capital Reykjavik.

Julian Assange will head the company. Filmmaker Ingi Ragnar Ingason and journalist Kristinn Hranfsson are additional members of the board. English journalism professor Gavin MacFadyen will be a deputy member of the board.

Assange has been feeling cornered lately by the USA and his home country Australia, stating on Swiss telly that he has been considering applying for asylum in Switzerland after his plans to get status as a permanent resident in Sweden fell through. He also referred to Iceland as the only other country where he could operate freely.

It seems likely Iceland will be Assange's country of choice, especially since the country underwent a recent political transformation and passed the Icelandic Modern Media Initiative (IMMI), following the financial crisis that left Iceland in a desolate state.

IMMI is a law designed to protect journalists and whistleblowers, as well as keeping newspapers, news sites and TV stations safe from libel cases and prior restraint orders.

Meanwhile, the Pentagon is fretting over the release of additional documents that were forwarded to Wikileaks. In addition, ZDNet's David Gewirtz recently exemplified a typically yankie inability to comprehend the world outside of the USA, while at the same time laying waste to the hacker ethic as written down by Steven Levy.

The European Parliament by contrast has called for an independent transatlantic inquiry to investigate the USA looking the other way during torture of prisoners in Iraq.