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Businesswoman Halla Tomasdottir set to become Iceland’s next president

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Businesswoman Halla Tomasdottir set to become Iceland’s next president

Tomasdottir wins 34.6 percent of the votes to become the Nordic country’s second female president.

Halla Tomasdottir, a businesswoman and investor, has won Iceland’s presidential election, topping a crowded field of candidates in which the top three finishers were women, the country’s national broadcast service reports.

Tomasdottir, 55, was elected to the largely ceremonial post with 34.3 percent of the vote, defeating former Prime Minister Katrin Jakobsdottir, with 25.2 percent, and Halla Hrund Logadottir, with 15.5 percent, RUV said on Sunday.

Tomasdottir is currently on leave as chief executive of The B Team, a global nonprofit co-founded by UK business tycoon Richard Branson to promote business practices focused on humanity and the climate, and has offices in New York and London.

Iceland’s president holds a largely ceremonial position in the parliamentary republic, acting as a guarantor of the constitution and national unity. He or she, however, has the power to veto a legislation or submit it to a referendum.

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Tomasdottir campaigned as someone who was above party politics and could help open discussions on fundamental issues such as the effect of social media on the mental health of young people, Iceland’s development as a tourist destination and the role of artificial intelligence.

She will replace President Gudni Th Johannesson, who did not seek re-election after two four-year terms. Tomasdottir will take office on August 1.

Iceland’s second woman president

Iceland, a Nordic island nation located in the North Atlantic, has a long tradition of electing women to high office.

Vigdis Finnbogadottir was the first democratically elected female president of any nation when she became Iceland’s head of state in 1980.

The country has also seen two women serve as prime minister in recent years, providing stability during years of political turmoil.

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Johanna Sigurdardottir led the government from 2009 to 2013, after the global financial crisis ravaged Iceland’s economy.

Jakobsdottir, 48, became prime minister in 2017, leading a broad coalition that ended the cycle of crises that had triggered three elections in four years. She resigned in April to run for president.

In the country of 380,000 people, any citizen gathering 1,500 signatures can run for office.

While Jakobsdottir was at times seen as the favourite, political observers had suggested that her background as prime minister could weigh against her.

Among the other main candidates in the field of 13 were a political science professor, a comedian, and an Arctic and energy scholar.

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Video: Death Toll Surges in Iran Protests

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Video: Death Toll Surges in Iran Protests

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Death Toll Surges in Iran Protests

Crowds gathered at a morgue outside Tehran as the death toll from protests in Iran surged. President Trump hinted on Sunday that the United States may intercede if peaceful protesters are killed.

There seem to be some people killed that aren’t supposed to be killed. We’re looking at it very seriously. The military is looking at it, and we’re looking at some very strong options.

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Crowds gathered at a morgue outside Tehran as the death toll from protests in Iran surged. President Trump hinted on Sunday that the United States may intercede if peaceful protesters are killed.

By Jiawei Wang, Malachy Browne and Sanjana Varghese

January 12, 2026

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Iran’s Khamenei issues direct warning to United States in Russian-language posts

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Iran’s Khamenei issues direct warning to United States in Russian-language posts

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As Iran faces escalating nationwide protests and rising verbal threats from the Trump administration, Iran’s Supreme Leader Ayatollah Ali Khamenei delivered a pointed warning to the United States this week from an unusual platform — his Russian-language account on X — a move analysts say underscores Tehran’s alignment with Moscow as pressure mounts on the regime.

In a post dated Jan. 11, Khamenei wrote in Russian, “The United States today is miscalculating in its approach toward Iran.” Hours later, he followed with a second message, also in Russian, warning that Americans had suffered defeat before because of “miscalculations” and would do so again because of “erroneous planning.”

Ksenia Svetlova, executive director of the Regional Organization for Peace, Economy and Security (ROPES) and an associate fellow at Chatham House, said the language choice was telling, even if the execution was clumsy.

PROTESTS SPREAD ACROSS IRAN AS REGIME THREATENS US FORCES AS ‘LEGITIMATE TARGETS’ AFTER TRUMP WARNING

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“This is bad Russian,” Svetlova told Fox News Digital. “It seems that it’s translated by Google Translate, not by a human being.” Still, she said the use of Khamenei’s Russian-language account was no surprise given how closely Iran and Russia have aligned in recent years.

Khamenei’s warning came as Iran’s internal crisis continued to deepen. According to HRANA, a human rights organization tracking the unrest, at least 544 people have been killed in nationwide protests, with dozens of additional cases still under review. Opposition group NCRI has claimed the death toll is far higher — more than 3,000 — though exact figures remain difficult to verify amid widespread internet blackouts imposed by Iranian authorities.

President Donald Trump has led U.S. criticism in response to the rising death toll. In response to a question about whether Iran had crossed a red line, Trump responded by saying, “They’re starting to, it looks like. And they seem to be some people killed that aren’t supposed to be killed. These are violent. If you call them leaders, I don’t know if they’re leaders, or just they rule through violence. But we’re looking at it very seriously,” he said on Sunday aboard Air Force One. 

IRANIAN PRESIDENT SAYS HIS COUNTRY IS AT ‘TOTAL WAR’ WITH THE US, ISRAEL AND EUROPE: REPORTS

Russian President Vladimir Putin and Iranian President Masoud Pezeshkian shake hands as they meet in Moscow, Russia, Jan. 17, 2025. (Evgenia Novozhenina/Pool via Reuters)

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“We’re looking at some very strong options,” he added.

Iranian leaders have pushed back, accusing Washington of interference and warning that any U.S. military action would trigger retaliation against American forces and allies in the region.

At the same time, Tehran has signaled it wants to keep diplomatic back channels open. Iranian Foreign Ministry spokesman Esmaeil Baghaei said Monday that communication between Foreign Minister Abbas Araghchi and U.S. special envoy Steve Witkoff remains active. Axios separately reported that Araghchi reached out to Witkoff over the weekend amid Trump’s warnings of possible military action.

IRANIAN MILITARY LEADER THREATENS PREEMPTIVE ATTACK AFTER TRUMP COMMENTS

In this frame grab from video obtained by the AP outside Iran, a masked demonstrator holds a picture of Iran’s Crown Prince Reza Pahlavi during a protest in Tehran, Iran, Friday, Jan. 9, 2026. (UGC via AP)

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Despite those overtures, analysts say Khamenei’s Russian-language message reflects where Iran sees its most reliable strategic partner.

Russia has become a critical lifeline for Tehran, particularly as Moscow relies on Iranian-supplied drones and other military equipment for its war in Ukraine. That dependence, Svetlova said, means Iran’s internal instability could carry serious consequences for the Kremlin.

“I think that could be a dramatic effect, because they do depend on Iran — specifically military production, the drones and ballistic missiles,” she said. “They need them to continue their war against Ukraine.”

Yet the partnership has also fueled resentment inside Iran. Svetlova pointed to criticism following the 12-day war with Israel, when many Iranians accused Moscow of failing to come to Tehran’s aid.

“There was a lot of criticism in Iran against Russia that it did not come to help,” she said. “It didn’t reach out. It didn’t do anything, basically.”

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Still, she said Russia has few alternatives as its global position narrows. With longtime allies weakened or toppled, such as Bashar al-Assad in Syria and Nicolás Maduro in Venezuela, Moscow is increasingly reliant on Tehran — even as it remains largely silent about the protests rocking Iran.

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Iranians gather while blocking a street during a protest in Kermanshah, Iran on Jan. 8, 2026. (Kamran/Middle East Images/AFP via Getty Images)

Against that backdrop, Svetlova explained, Khamenei’s warning in Russian appears like a signal — to Washington and to Moscow — that Iran sees its confrontation with the United States as part of a shared front with President Vladimir Putin.

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EU auditors warn eased EU budget rules could undermine oversight

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EU auditors warn eased EU budget rules could undermine oversight

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The simplification of rules in the upcoming EU budget in the field of research may put undermine the bloc’s ability to control how allocated funds are spent, the European Court of Auditors said in a report published on Monday.

The court, which is responsible for auditing how EU funds are collected and spent, has conducted an assessment of the next EU budget for competitiveness and research, which as written totals €409 billion – about one-fifth of the overall €2 trillion EU budget for 2028-2034.

The auditors’ report stresses that the field of research is particularly exposed to errors such as overcompensation, and that simplification measures such as lump-sum funding therefore need safeguards to keep funds from being misused.

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“The Commission’s intention to simplify the EU’s financial management should not come at the expense of accountability, effectiveness, efficiency, and economy”, the court concludes.

The simplification agenda

Since beginning her second term as European Commission President, Ursula von der Leyen has pursued a project of “simplification”, an effort to cut red tape and deregulate the EU rulebook to make the bloc more economically competitive.

In that spirit, the Commission put forward a series of new legislative proposals called “omnibuses” with the aim to simplify major EU legislative proposals, for instance those covering digital and green policies.

This approach was recently challenged by European Commission vice-president Teresa Ribera. In a speech in early December at the think tank Bruegel, she insisted that simplification cannot be allowed to go too far.

“Deregulation eliminates safeguards, it puts costs onto citizens and taxpayers, creates uncertainty, discourages investment”, she said.

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Similar concerns have been expressed in the European Parliament, which is currently debating the architecture of the Commission’s omnibus proposals.

Among other things, EU lawmakers have warned that the use of “approximations” in the omnibus legislation tendency might diminish the bloc’s oversight capacity and make it harder to establish how money is being spent.

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