What's happening in Europe?
Iceland
The front page of Heimildin features a mix of domestic and international news, with a strong focus on Icelandic business and politics. Top stories include the financial performance of Krónan and Íslandsbanki, and layoffs at Reykjavíkurborg and SORPA. International news covers a train crash…
Krónan reported a profit of 2.6 billion Icelandic króna in the first nine months of the year, an increase of half a billion compared to the same period last year. The retail chain has increased its sales and froze prices on 647 products in September as part of the fight against inflation…
Spanish authorities are investigating the cause of a train crash.
Íslandsbanki reported a profit of 7.3 billion Icelandic króna for the first three months of the year.
The actions or influence of Trump and Putin are linked to an increase in Icelandic mortgage rates.
The inflation rate in Iceland has stabilized and is not decreasing.
Fifty employees will be laid off at Reykjavíkurborg, and hiring will be stopped as part of a reduction of 74 full-time positions in the central administration.
Former general Gadi Eisenkot is seeking voter support for change after Benjamin Netanyahu's tenure.
City councilors are currently attending an extraordinary meeting in Reykjavík City Hall to discuss new proposals from the majority coalition for cuts and layoffs.
The US President is easing regulations aimed at preventing methane from entering the atmosphere during oil extraction.
The election campaign in Israel is focusing on issues such as whether to investigate responsibility for the failure to prevent the Hamas attack on October 7, 2023, exemptions from military service, and how Israel should respond to economic and security challenges.
Europe is not counting on US support for Ukraine, even if Democrats win a major victory in the midterm elections. There are fears that Trump's defeat could drive him to drastic actions on the international stage.
SORPA has laid off ten employees and decided not to renew fixed-term contracts for seven others, resulting in a seven percent reduction in staff. These actions follow extensive layoffs at Reykjavíkurborg yesterday and come at a time when unemployment has significantly increased year-on-year.
Thorvaldur Sigurbjörn Helgason writes about The Poodle Museum, a performance art piece by Olga Sonja Thorarensen and Salome Sol Nordkvist, shown at Tjarnarbíó.
Mayor Hildur Björnsdóttir denies that the majority in Reykjavík had to backtrack on plans for cost savings in the operation of the Reykjavík City Library due to protests. She states, 'There are no plans to close libraries.' The proposal included examining the possibility of reducing operational…
Benjamin Netanyahu's party is leading in the polls but does not have a clear majority.
