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Offer Blankets, Quilts or Stocks for Wool Debts
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Ístex has offered sheep farmers the option of taking out products such as wool blankets, instead of paying them for the wool they have sent in. Paying for wool with wool products is an emergency measure, according to the managing director. The letter that the farmers received this week states: "Unfortunately, we are forced to announce that Ístex hf. is unable to make traditional cash payments for the wool at this time." Instead, two options are …
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