Former California Gov. Jerry Brown listens to a reporters question after unveiling the Doomsday Clock during The Bulletin of the Atomic Scientists news conference in Washington, Thursday, Jan. 24, 2019. (AP Photo/Cliff Owen)
Amid the COVID-19 pandemic set to kill well over two million people around the globe, an international countdown of what leading science and security experts say represents a threat to human existence remains stuck at about a two-minute warning.
Scientists say the mishandling of the grave global health crisis is a "wake-up call" that governments, institutions, and a misled public remain unprepared to handle the even greater threats posed by nuclear war and climate change.
Given this and the lack of progress in 2020 in dealing with nuclear and climate perils, the Doomsday Clock remains as close to midnight as it has ever been – just 100 seconds to midnight.
The Doomsday Clock decision is made by the Bulletin of the Atomic Scientists' Science and Security Board in consultation with the Bulletin's Board of Sponsors, which includes 13 Nobel Laureates. In January 2020, the Doomsday Clock moved to 100 seconds to midnight, closer to midnight than ever in its history.
In December 2020, the Bulletin of the Atomic Scientists marked its 75th anniversary. Founded in 1945 by Albert Einstein and University of Chicago scientists who helped develop the first atomic weapons in the Manhattan Project, the Bulletin of the Atomic Scientists created the Doomsday Clock two years later, using the imagery of apocalypse (midnight) and the contemporary idiom of nuclear explosion (countdown to zero) to convey threats to humanity and the planet.
Over time, the Clock has become a universally recognized indicator of the world's vulnerability to catastrophe from nuclear weapons, climate change, and disruptive technologies in other domains.
"The pandemic serves as a historic wake-up call, a vivid illustration that national governments and the international organizations are unprepared to manage complex and dangerous challenges," says Dr. Rachel Bronson, president, and CEO, Bulletin of the Atomic Scientists.
Coming off a 2021 campaign where the prices of Bitcoin, Ether, and other cryptocurrencies reached unpreceded levels, Bitwise Asset Management CIO Matt Hougan and OpenNode Co-Founder & CTO João Almeida join Cheddar News' Crypto Craze: The Year of the Token to discuss the ways the crypto market can soar even higher in 2022.
The Cowboy State has become one of the world's top tax havens, according to the Pandora Papers, a trove of more than 11.9 million documents obtained by the International Consortium of Investigative Journalists and The Washington Post. The papers reveal, among other things, how ultra-wealthy people from around the world move money into the U.S., invest, and spend it under a shroud of secrecy. Allison Tait, University of Richmond law professor, joined Cheddar to talk about Wyoming's laidback tax laws, their impact on the nation's economy, and provided some details on the financial arrangement known as the "cowboy cocktail."
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
China and Russia are saying they want to work closer together in different areas after a recent call between Presidents Xi Jinping and Vladimir Putin. What are the implications of a close partnership between Beijing and Moscow? Cheddar News breaks things down with expert Hagar Chemali.
Michele Schneider, Partner and Director of Trading Research & Education for MarketGauge.com, joins Cheddar News' Closing Bell, where she says the spread of the Omicron variant and Jerome Powell's comments following the latest Fed decision are spooking investors heading into the weekend.
Carlo and Baker wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Since July 2021, families with children have received monthly payments from the federal government as part of the expanded child tax credit, a policy that may be expiring this month. Megan Curran, policy director at the Center on Poverty and Social Policy at Columbia University, joined Cheddar News to discuss.
During the pandemic, student loan debt repayment was put on pause amid an unprecedented crisis. However, on February 1, 2022, the schedule is set to resume, and currently it looks as though the Biden administration has no plans to extend it. Cody Hounanian, the executive director of the Student Debt Crisis Center, spoke to Cheddar about why he believes the loan collection pause needs to at least be extended as borrowers are still struggling with the resurgent pandemic and inflation. "There's really no good economic or policy or political reason as far as why they're focused on getting payments started now," Hounanian said. "We surveyed 33,000 people with student loans last month. Nine out of 10 told us that they are not ready to resume payments."
