President Joe Biden of the United States approved a $1 billion military aid package for Ukraine, including air defense interceptors, armored vehicles, and anti-tank weapons to support Ukraine amid increasing pressure from Russian forces. In local news, former Prime Minister of Iceland, Katrín Jakobsdóttir, emphasized the importance of prioritizing society's welfare in her discussions on government transparency and managerial responsibilities, while a new preschool is under construction in Hafnarfjörður, Iceland, to address growing child placement needs. Meanwhile, Iceland's Central Bank contemplates lowering interest rates in response to the 6% inflation rate, with significant public discussion on economic strategies to alleviate financial pressures. Additionally, a fatal traffic accident in Eyjafjordur, Iceland, resulting in two deaths, is currently under investigation by local authorities.

Sports

Today's sports updates feature various highlights from different leagues and matches in sports. Notable events include Valur's victory over FH in the Milk Cup with a strong performance from midfielder Gylfi Þór Sigurðsson. Haukar faced a narrow loss to Stjarnan in a playoff match prompting coach Ingvar to announce his departure. In soccer, Feyenoord's Arne Slot is in talks to become Liverpool's manager. Talks of Zinedine Zidane possibly taking over Manchester United have surfaced.

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