LONDON (AP) — A rare polar bear that was spotted outside a cottage in a remote village in Iceland was shot by police after being considered a threat, authorities said Friday.
The bear was killed Thursday afternoon in the northwest of Iceland after police consulted the Environment Agency, which declined to have the animal relocated, Westfjords Police Chief Helgi Jensson told The Associated Press.
“It's not something we like to do,” Jensson said. “In this case, as you can see in the picture, the bear was very close to a summer house. There was an old woman in there.”
The owner, who was alone, was frightened and locked herself upstairs as the bear rummaged through her garbage, Jensson said. She contacted her daughter in Reykjavik, the nation's capital, by satellite link, and called for help.
“She stayed there,” Jensson said, adding that other summer residents in the area had gone home. “She knew the danger.”
Polar bears are not native to Iceland but occasionally come ashore after traveling on ice floes from Greenland, according to Anna Sveinsdóttir, director of scientific collections at the Icelandic Institute of Natural History. Many icebergs have been spotted off the north coast in the last few weeks.
Although attacks by polar bears on humans are extremely rare, a study in Wildlife Society Bulletin in 2017 said that the loss of sea ice from global warming has led more hungry bears to land, putting them in greater chance of conflicts with humans and leading to a greater risk to both.
Of 73 documented attacks by polar bears from 1870 to 2014 in Canada, Greenland, Norway, Russia, and United States — which killed 20 people and injured 63 — 15 occurred in the final five years of that period.
The bear shot on Thursday was the first one seen in the country since 2016. Sightings are relatively rare with only 600 recorded in Iceland since the ninth century.
While the bears are a protected species in Iceland and it's forbidden to kill one at sea, they can be killed if they pose a threat to humans or livestock.
After two bears arrived in 2008, a debate over killing the threatened species led the environment minister to appoint a task force to study the issue, the institute said. The task force concluded that killing vagrant bears was the most appropriate response.
The group said the nonnative species posed a threat to people and animals, and the cost of returning them to Greenland, about 300 kilometers (180 miles) away, was exorbitant. It also found there was a healthy bear population in east Greenland where any bear was likely to have come from.
The young bear, which weighed between 150 and 200 kilograms (300 to 400 pounds), will be taken to the institute to study. Scientists took samples from the bear Friday.
They will be checking for parasites and infections and evaluating its physical condition, such as the health of its organs and percentage of body fat, Sveinsdóttir said. The pelt and skull may be preserved for the institute's collection.
A Coast Guard helicopter surveyed the area where the bear was found to look for others but didn't find any, police said.
After the shot bear was taken away, the woman who reported it decided to stay longer in the village, Jensson said
This handout photo shows a polar bear that was shot by the police after being considered a threat to people nearby, authorities said, in Westfjords, Iceland, Thursday Sept. 19, 2024. The bear was shot near a summer home in the Westfjords in the north west tip of Iceland. (Ingvar Jakobsson via AP)
WASHINGTON (AP) — The price of bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump’s inauguration, as a pumped up cryptocurrency industry bets he'll take action soon after returning to the White House.
Once a skeptic who said a few years ago that bitcoin “ seems like a scam,” Trump has embraced digital currencies with a convert’s zeal. He's launched a new cryptocurrency venture and vowed on the campaign trail to take steps early in his presidency to make the U.S. into the “crypto capital” of the world.
His promises including creating a U.S. crypto stockpile, enacting industry-friendly regulation and event appointing a crypto “czar” for his administration.
“You’re going to be very happy with me,” Trump told crypto-enthusiasts at a bitcoin conference last summer.
Bitcoin is the world’s most popular cryptocurrency and was created in 2009 as a kind of electronic cash uncontrolled by banks or governments. It and newer forms of cryptocurrencies have moved from the financial fringes to the mainstream in wild fits and starts.
The highly volatile nature of cryptocurrencies as well as their use by criminals, scammers and rogue nations, has attracted plenty of critics, who say the digital currencies have limited utility and often are just Ponzi schemes.
But crypto has so far defied naysayers and survived multiple prolonged price drops in its short lifespan. Wealthy players in the crypto industry, which felt unfairly targeted by the Biden administration, spent heavily to help Trump win November’s election. Bitcoin has surged in price since Trump's victory, topping $100,000 for the first time last month before briefly sliding down to about $90,000. On Friday, it rose about 5%. It jumped more than $9,000 early Monday, according to CoinDesk.
Two years ago, bitcoin was trading at about $20,000.
Trump’s picks for key cabinet and regulatory positions are stocked with crypto supporters, including his choice to lead the Treasury and Commerce departments and the head of the Securities and Exchange Commission.
Key industry players held a first ever "Crypto Ball” on Friday to celebrate the first “crypto president." The event was sold out, with tickets costing several thousand dollars.
Here’s a look at some detailed action Trump might take in the early days of his administration:
As a candidate Trump promised that he would create a special advisory council to provide guidance on creating “clear” and “straightforward” regulations on crypto within the first 100 days of his presidency.
Details about the council and its membership are still unclear, but after winning November’s election, Trump named tech executive and venture capitalist David Sacks to be the administration’s crypto “czar.” Trump also announced in late December that former North Carolina congressional candidate Bo Hines will be the executive director of the “Presidential Council of Advisers for Digital Assets.”
At last year’s bitcoin conference, Trump told crypto supporters that new regulations “will be written by people who love your industry, not hate your industry.” Trump's pick to lead the SEC, Paul Atkins, has been a strong advocate for cryptocurrencies.
Crypto investors and companies chafed as what they said was a hostile Biden administration that went overboard in unfair enforcement actions and accounting policies that have stifled innovation in the industry — particularly at the hands of outgoing SEC Chairman Gary Gensler.
“As far as general expectations from the Trump Administration, I think one of the best things to bet on is a tone change at the SEC,” said Peter Van Valkenburgh, the executive director of the advocacy group Coin Center.
Gensler, who is set to leave as Trump takes office, said in a recent interview with Bloomberg that he’s proud of his office’s actions to police the crypto industry, which he said is “rife with bad actors.”
Trump also promised that as president he’ll ensure the U.S. government stockpiles bitcoin, much like it already does with gold. At the bitcoin conference earlier this summer, Trump said it the U.S. government would keep, rather than auction off, the billions of dollars in bitcoin it has seized through law enforcement actions.
Crypto advocates have posted a draft executive order online that would establish a “Strategic Bitcoin Reserve” as a “permanent national asset” to be administered by the Treasury Department through its Exchange Stabilization Fund. The draft order calls for the Treasury Department to eventually hold at least $21 billion in bitcoin.
Republican Sen. Cynthia Lummis of Wyoming has proposed legislation mandating the U.S. government stockpile bitcoin, which advocates said would help diversify government holdings and hedge against financial risks. Critics say bitcoin’s volatility make it a poor choice as a reserve asset.
Creating such a stockpile would also be a “giant step in the direction of bitcoin becoming normalized, becoming legitimatized in the eyes of people who don’t yet see it as legitimate,” said Zack Shapiro, an attorney who is head of policy at the Bitcoin Policy Institute.
At the bitcoin conference earlier this year, Trump received loud cheers when he reiterated a promise to commute the life sentence of Ross Ulbricht, the convicted founder of the drug-selling website Silk Road that used crypto for payments.
Ulbricht’s case has energized some crypto advocates and Libertarian activists, who believe government investigators overreached in building their case against Silk Road.
FILE - Donald Trump speaks at the Bitcoin 2024 Conference July 27, 2024, in Nashville, Tenn. (AP Photo/Mark Humphrey, File)