5 Things to Know for April 27: Ukraine, Covid-19, Recession, Bitcoin, LGBTQ Rights


Getting ready for the next vacation? Don’t forget to pack your patience. Experts say a summer of travel chaos is ahead, with planes overbooked and flights canceled as the industry struggles to cope with a shrinking workforce. Furthermore, some of the world’s most popular tourist destinations are still off limits to travelers – regardless of their willingness to test, vaccinate and quarantine.

Here’s what you need to know to Speed ​​up and get on with your day.

(You may receive “5 Things You Need to Know Today” in your inbox daily. Sign up here.)

Amid rising tensions with Western powers, Russia has cut gas supplies to Poland and Bulgaria after they refused to pay in rubles rather than dollars or euros. The European Commission described the decision to cut off gas supplies as an attempt at “blackmail” and said it was coordinating a response among EU member states. Russian state energy giant Gazprom told Bulgaria it would cut off gas supplies from today, the Bulgarian Energy Ministry said in a statement. The announcement sent US natural gas futures up about 3% yesterday. European gas prices also rose nearly 20% this morning, according to Reuters. As of now, officials say that Poland and Bulgaria were preparing for this possible change and are still not facing shortages. Separately, dozens of people are fleeing areas around the Ukrainian city of Kherson – a region that was terrorized last week by Moscow’s offensive – as fears grow over a possible referendum that Russia plans to hold today.

Pfizer and BioNTech said yesterday that they have applied for FDA clearance for a booster dose of the Covid-19 vaccine for children ages 5 to 11. The companies said that a third dose of vaccine increased Omicron-fighting antibodies 36-fold in this age group. Recent studies have found that the effectiveness of Pfizer’s vaccine for children ages 5 to 12 dropped substantially during the Omicron outbreak, dropping from 68% to about 12% against Covid-19 infection. However, two doses continued to provide protection against more serious illness, resulting in urgent care or hospitalizations. Boosters are currently available for children age 12 and older with certain types of immunocompromised conditions, as well as adults. Second boosters are authorized for anyone aged 50 and over.

A major recession is coming, Deutsche Bank economists warned in a report yesterday. This comes after Deutsche Bank raised eyebrows earlier this month by becoming the first major bank to predict a US recession, albeit a “mild” one. The problem, according to the bank, is that while inflation may be peaking, it will be “a long time” before it returns to the Federal Reserve’s 2% target. This suggests that the central bank will raise interest rates so aggressively that it will hurt the economy. The good news is that Deutsche Bank predicts the economy will eventually recover by mid-2024 as the Fed reverses course in its fight against inflation.

3 reasons why Deutsche Bank is predicting a recession

Bitcoin could be a new investment option in your 401(k) plan by the middle of this year. Fidelity Investments – the largest 401(k) provider in the US with over 20 million participants – will become the first major 401(k) provider to offer cryptocurrency as an investment to retirees. But if you’re interested, you’ll have to check with your employer first, because the bitcoin option will only be offered to participants whose employers have chosen to include it in their plans. Fidelity did not specify how many employers have already applied, but confirmed that a number of customers have committed and others are going through the evaluation process. The Department of Labor, on the other hand, has publicly indicated that it is very concerned about the prospect of 401(k) participants being exposed to the extreme volatility of cryptocurrency trading.

A Quarter of All Electricity in This County Is Powering Bitcoin Mining

Oklahoma Republican Governor Kevin Stitt yesterday signed a law banning non-binary gender markers on birth certificates. The legislation, which the Oklahoma state legislature passed in recent weeks, states: “The biological sex designation on a birth certificate issued under this section must be either male or female and must not be non-binary or any symbol that represents a non-binary designation, including but not limited to the letter ‘X’.” The law goes into effect immediately because it was passed with an emergency designation. The Oklahoma measure is part of a broader effort by conservatives to make it more difficult for transgender and non-binary Americans to receive gender-affirming health care, play sports, or alter their birth certificates and other identification documents to match the law. your gender identity.

The oldest person in the world is a nun who likes chocolate and wine

Meet the 118-year-old French nun who lives in a nursing home and was recently named the oldest living person in the world.

Harry Styles appears on the cover of Better Homes & Gardens, obviously

His new album is titled “Harry’s House” so it makes perfect sense. Plus, who doesn’t love that contagious smile!

Brooklyn Public Library offers free library cards for teens and access to banned books

A book ban is sweeping the country, but some libraries are telling teenagers and young people to keep reading.

SpaceX will launch another historic astronaut mission today

On board will be four professional astronauts, including the first black woman to join the crew of the International Space Station.

Kevin Hart is launching a new media company called HARTBEAT

The company has a clever name, a funny boss, and has just received a $100 million private equity investment. Sounds like a great start, Hart.

$100 million

That’s how much Harvard University is dedicating to create a fund to research and correct its “extensive tangles with slavery”, the university’s president, Lawrence Bacow, announced yesterday. This comes after a new university report detailed how slavery and racism played a significant role in Harvard’s institutional history. For nearly 150 years — from the university’s founding in 1636 until Massachusetts abolished slavery in 1783 — Harvard presidents and others enslaved more than 70 people, the report says.

“I think in a lot of situations in this country, where if people have good access to healthcare and are taking care of other risk factors, aspirin now makes a lot less sense.”

– Dr. Donald Lloyd-Jones, president of the American Heart Association, on scientists who see little benefit from taking aspirin daily for most healthy people to prevent heart attacks and strokes. The US Preventive Service Task Force has finalized its latest recommendations on low-dose aspirin regimens and now says people over 60 should not start taking aspirin daily for primary prevention of heart problems, in most cases, because may contribute to the risk of bleeding in the stomach or brain.

– Source: CNN

Fire risk increases for parts of Southwest

Check your local forecast here>>>

Who made the hole in the donut?

Mornings are always better with hot donuts paired with freshly brewed coffee. Check out this video to see where the donut got its signature shape. (Click here to view)


Leave a Comment

%d bloggers like this: