Aviation & Fleet Costs: Icelandair will retire its Boeing 757s this coming winter, speeding up a plan that previously ran to summer 2027, as high fuel and maintenance costs make the older jets “very high on variable cost.” Trade Talks: Negotiations on a Mercosur–Canada free trade deal advanced in Toronto, with technical work covering goods, services, financial services, rules of origin, IP and safeguards; the parties aim to finalize in the first half of 2026. EU Membership Watch: Norway’s foreign minister says Oslo may reconsider EU membership amid a “crazy world,” US tariffs and Greenland concerns, while also flagging fisheries as a key sticking point—an issue that will matter for Iceland’s own referendum. Bitcoin & Corporate Finance: Strategy (Michael Saylor) sold 32 BTC for about $2.5m to fund preferred-stock distributions, and Saylor teased further BTC buying ahead of a proxy vote. Seafood Earnings: Iceland Seafood International reported Q1 2026 net profit up to EUR 2.1m, helped by strong cod prices and capelin sales despite supply constraints. Green Claims Enforcement: The European Commission opened infringement procedures against 20 EU states over incomplete transposition of rules targeting misleading green claims. Geothermal Energy Project: Syntholene says construction of its geothermal-integrated synthetic fuel demo facility in Húsavík is ahead of schedule, with first operations possible as soon as June 2026. Air Cargo Expansion: Atlas Air will buy a 49% stake in Iceland-based Air Atlanta to expand freighter capacity as large-aircraft supply tightens.