Iceland-US Diplomacy: Iceland summoned the U.S. ambassador after Donald Trump posted an edited map depicting the U.S. absorbing Iceland, Canada, Greenland and Mexico, calling it an insult to national sovereignty. EU/Israel Settlements: The UK and France announced bans on goods tied to illegal Israeli settlements, with targeted sanctions on companies and individuals involved in settlement expansion. Arctic Security: Canada formally applied to join the UK-led Joint Expeditionary Force (JEF), a rapid-response NATO group that includes Iceland, as Ottawa seeks deeper European defense ties. EU “Associate Member” Talk: EU Commission President Ursula von der Leyen floated Canada as the bloc’s first “associate member,” but the status doesn’t exist in EU treaties and details remain unclear. Earthquakes in Iceland: Two magnitude 4.0+ quakes struck western Iceland seconds apart near the Langjökull area, with shaking felt across the southwest. Icelandair/Work Dispute: No talks are planned in the aircraft mechanics wage dispute; a strike is set to begin Sept. 23 unless positions shift. Business & Markets: Iceland biotech Alvotech shares jumped after a Barclays upgrade tied to a positive FDA inspection outcome.