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REYKJAVIK, Iceland (AP) — Icelanders will elect a new parliament Saturday after disagreements over immigration, energy policy and the economy forced Prime Minister Bjarni Benediktsson to pull the plug on his coalition government and call early elections. This is Iceland’s sixth general election since the 2008 financial crisis devastated the economy of the North Atlantic island nation and ushered in a new era of political instability. Opinion polls suggest the country may be in for another upheaval, with support for the three governing parties plunging. Benediktsson, who was named prime minister in April following the resignation of his predecessor, struggled to hold together the unlikely coalition of his conservative Independence Party with the centrist Progressive Party and the Left-Green Movement. Iceland, a nation of about 400,000 people, is proud of its democratic traditions, describing itself as arguably the world’s oldest parliamentary democracy. The island’s parliament, the Althingi, was founded in 930 by the Norsemen who settled the country. Here’s what to look for in the contest. How does the election work? Voters will choose 63 members of the Althingi in an election that will allocate seats both by regional constituencies and proportional representation. Parties need at least 5% of the vote to win seats in parliament. Eight parties were represented in the outgoing parliament, and 10 parties are contesting this election. Turnout is traditionally high by international standards, with 80% of registered voters casting ballots in the 2021 parliamentary election. Why now? A windswept island near the Arctic Circle, Iceland normally holds elections during the warmer months of the year. But on Oct. 13 Benediktsson decided his coalition couldn’t last any longer, and he asked President Halla Tómasdóttir to dissolve the Althingi. “The weakness of this society is that we have no very strong party and we have no very strong leader of any party,’’ said Vilhjálmur Bjarnson, a former member of parliament. “We have no charming person with a vision ... That is very difficult for us.” Why is Iceland's politics so fractured? The splintering of Iceland's political landscape came after the 2008 financial crisis, which prompted years of economic upheaval after its debt-swollen banks collapsed. The crisis led to anger and distrust of the parties that had traditionally traded power back and forth, and prompted the creation of new parties ranging from the environment focused Left-Green Alliance to the Pirate Party, which advocates direct democracy and individual freedoms. “This is one of the consequences of the economic crash,’’ said Eva H. Önnudóttir, a professor of political science at the University of Iceland. “It’s just the changed landscape. Parties, especially the old parties, have maybe kind of been hoping that we would go back to how things were before, but that’s not going to happen.” What are the issues? Like many Western countries, Iceland has been buffeted by the rising cost of living and immigration pressures. Inflation peaked at an annual rate of 10.2% in February 2023, fueled by the fallout from the COVID-19 pandemic and Russia’s invasion of Ukraine. While inflation slowed to 5.1% in October, that is still high compared with neighboring countries. The U.S. inflation rate stood at 2.6% last month, while the European Union’s rate was 2.3%. Iceland is also struggling to accommodate a rising number of asylum-seekers, creating tensions within the small, traditionally homogenous country. The number of immigrants seeking protection in Iceland jumped to more than 4,000 in each of the past three years, compared with a previous average of less than 1,000. What about the volcano? Repeated eruptions of a volcano in the southwestern part of the country have displaced thousands of people and strained public finances. One year after the first eruption forced the evacuation of the town of Grindavik, many residents still don’t have secure housing, leading to complaints that the government has been slow to respond. But it also added to a shortage of affordable housing exacerbated by Iceland’s tourism boom. Young people are struggling to get a foot on the housing ladder at a time when short-term vacation rentals have reduced the housing stock available for locals, Önnudóttir said. “The housing issue is becoming a big issue in Iceland,'' she said. —— Kirka reported from London. Marco Di Marco And Danica Kirka, The Associated Pressonline gambling reddit 。

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Privacy and SecurityJPMorgan Chase & Co. lessened its stake in iShares Core MSCI Europe ETF ( NYSEARCA:IEUR – Free Report ) by 7.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,934,673 shares of the company’s stock after selling 901,048 shares during the quarter. JPMorgan Chase & Co. owned about 0.14% of iShares Core MSCI Europe ETF worth $727,180,000 as of its most recent SEC filing. Other large investors also recently modified their holdings of the company. Arcadia Investment Management Corp MI increased its stake in iShares Core MSCI Europe ETF by 50.0% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 675 shares of the company’s stock valued at $38,000 after buying an additional 225 shares during the period. Simplicity Wealth LLC boosted its holdings in iShares Core MSCI Europe ETF by 4.4% in the 3rd quarter. Simplicity Wealth LLC now owns 7,034 shares of the company’s stock valued at $429,000 after purchasing an additional 294 shares in the last quarter. Atria Investments Inc raised its position in iShares Core MSCI Europe ETF by 1.7% in the third quarter. Atria Investments Inc now owns 18,716 shares of the company’s stock worth $1,140,000 after acquiring an additional 306 shares in the last quarter. Moors & Cabot Inc. lifted its stake in shares of iShares Core MSCI Europe ETF by 6.2% in the second quarter. Moors & Cabot Inc. now owns 5,516 shares of the company’s stock valued at $314,000 after purchasing an additional 320 shares during the period. Finally, National Bank of Canada FI boosted its stake in shares of iShares Core MSCI Europe ETF by 3.9% during the 3rd quarter. National Bank of Canada FI now owns 9,258 shares of the company’s stock worth $564,000 after acquiring an additional 350 shares in the last quarter. iShares Core MSCI Europe ETF Stock Performance iShares Core MSCI Europe ETF stock opened at $54.42 on Friday. The firm has a market capitalization of $4.55 billion, a price-to-earnings ratio of 15.22 and a beta of 0.85. iShares Core MSCI Europe ETF has a fifty-two week low of $52.40 and a fifty-two week high of $61.81. The stock’s fifty day moving average is $56.41 and its two-hundred day moving average is $57.87. iShares Core MSCI Europe ETF Profile The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that is based on the MSCI Europe IMI index, a market-cap-weighted index of developed European securities. IEUR was launched on Jun 10, 2014 and is managed by BlackRock. Further Reading Want to see what other hedge funds are holding IEUR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core MSCI Europe ETF ( NYSEARCA:IEUR – Free Report ). Receive News & Ratings for iShares Core MSCI Europe ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core MSCI Europe ETF and related companies with MarketBeat.com's FREE daily email newsletter .

Relief, defiance, anger: Families and advocates react to Biden's death row commutations