Here are the headlines you Need2Know for Thursday, May 20, 2021:

HAVE VAX, WILL TRAVEL

If you’ve been jonesing for a European vacation, you can finally pull the trigger. The EU has approved a plan to reopen borders to fully vaccinated travelers and anyone coming from “COVID safe” countries. The plan is expected to be formalized and implemented by all 27 member states officially next week, just in time for summer. Children who are too young to be eligible for vaccination can travel, but they will have to show a negative PCR test. Anyone coming back into the U.S. will still need to show a negative test, regardless of vaccination status. Meanwhile the White House is said to be considering easing the strict restrictions that bar a lot of the world from coming into the country. NBC NEWS

GAZA CONFLICT

There are some early signs that the fighting between Israel and Hamas may be easing amid international calls for a ceasefire. Both sides have halted fire for several hours, though it’s unclear if the lull was part of an agreement. Israeli media is reporting that the military believes it has achieved most of its goals. Earlier, the White House said President Biden told Benjamin Netanyahu that he “expected a significant de-escalation,” while Germany and France also added to the calls for a ceasefire. GUARDIAN

TEXAS ABORTION LAW

Texas now has some of the most severe abortion restrictions in the country after Gov. Greg Abbott signed a bill into law that prohibits abortions as early as six weeks -- two weeks after a missed period and before many women know they are pregnant -- with no exceptions for rape or incest. Private citizens can also sue abortion providers for “aiding and abetting” any woman who violates the ban. Abortion advocates have vowed to fight the “heartbeat bill” in the courts. TEXAS TRIB

DROUGHT WATCH

The American West is staring down the barrel of a very worrisome summer. The entire western half of the U.S. is in some state of drought. Lake Mead is so low that Arizona and New Mexico are considering unprecedented moves to ration water so it doesn’t impact electricity production at the Hoover Dam. There have already been significant fires in California, New Mexico, and Arizona -- very unusual for this early in the year. Officials say this year’s fire season, which is turning into less of a “season” and more of a constant state of being, could eclipse last year’s record of 10 million acres burned. NY TIMES

CRYPTO CRASH

Cryptocurrencies crashed back to Earth during a frenzied sell-off that hit all corners of the market. Bitcoin fell as much as 30 percent, touching $30,000 before making up much of its losses; Ether fell as much as 40 percent; Doge was down as much as 20 percent. The drop came after China banned financial institutions from participating in any crypto-related business -- a move that was widely expected but still jolted traders and even spread to the stock market. CHEDDAR

PIPELINE RANSOM

The CEO of Colonial Pipeline has acknowledged for the first time that he paid the ransom to hackers holding its fuel pipeline hostage. Joseph Blount told the Wall Street Journal that he made the decision to pay the $4.4 million bounty on the same day the pipeline was hit with a ransomware attack, saying the debilitating impact of a multi-day shutdown of East Coast energy infrastructure gave him no other option. The FBI has long advised companies not to pay hackers, but many conclude that they don’t have a choice. WSJ

LEBRON V. CURRY 

The defending champion Lakers punched their ticket to the playoffs on a buzzer-beating 3-pointer from LeBron James. The Lakers outplayed Steph Curry and the Warriors, who now face an elimination game tomorrow night against Memphis. L.A. will face Phoenix in Round 1. ESPN

FESTIVALPALOOZA

The summer festival season is coming back with a vengeance. Lollapalooza released its lineup, featuring Megan Thee Stallion and Foo Fighters headlining the three-day event in Chicago’s Grant Park in late July. Lolla will be held at full capacity provided attendees show proof of vaccination or negative COVID test. Across the pond, organizers got approval to put on a one-day festival at the Glastonbury site in September that they’re calling Equinox. Pitchfork, Summerfest, Bonnaroo, Firefly, Electric Zoo and Gov Ball are among the other big festivals planning to open the gates after a year’s pause. CHICAGO TRIB

SPOTTED...

…the first photos sent back from China’s Mars rover, Zhurong, after it successfully landed last weekend. Between Zhurong and NASA’s Perseverance both trawling the planet, Mars is more crowded than it’s ever been -- at least that we know of: SEE IT

...Billy Porter, speaking out publicly for the first time about living with HIV in an interview with The Hollywood Reporter: READ IT

...the cast of Friends, on the cover of People magazine to promote the upcoming reunion special on HBO MAX. A new trailer dropped, too: WATCH

LEFTOVERS: 'PRECIOUS CARGO'

A school bus driver in South Carolina is crediting his “precious cargo” of 18 elementary schoolers for foiling a hijacking without anyone getting hurt. A man with a rifle boarded Kenneth Corbin’s bus, looking for a ride to the next town 20 miles away, but only made it six minutes until he gave up in frustration when the kindergarteners on board wouldn’t stop asking him questions. Corbin said the hijacker became so exasperated he pulled over and let everyone off. Corbin -- and the kids -- are being hailed as heroes. GMA

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
How Biden's Build Back Better Act Could Bring Cheaper E-Bikes to the U.S.
President Joe Biden's "Build Back Better" bill could mean cheaper electric bicycles and scooters as the nation attempts to shift away from gas-powered cars. Noa Banayan, the director of federal affairs at PeopleForBikes, joined Cheddar's "Closing Bell" to provide some background on the E-Bike Act included in Biden's reconciliation bill that would provide tax credits for qualified purchases. "We want to make sure, from the bike industry's perspective, that this is a technology and a product that is available to the majority of Americans who want to lower their carbon footprint and get around town faster and do everything that they would normally do in a short car trip but by bike, because it's healthier, it's fast, it's efficient, you're not in traffic," she said.
'Upstream Collective' Looks to Make Creating a DAO More Accessible
It's being called the next big trend in crypto. A decentralized autonomous organization, or DAO, is an internet community of different types of groups and businesses. The purpose is to allow people to commit funds to a specific cause in a safe way. Now, one social platform is creating a do-it-yourself kit for those who want to step into the space. Upstream Collective just launched the beta mode of its platform with the goal of putting all facets of running a DAO in one place. Alex Taub, co-founder and CEO of Upstream, joins Cheddar News to discuss.
NASA to Crash Satellite Into Asteroid During 'DART' Mission
A NASA spacecraft that will deliberately crash into an asteroid is preparing to launch this week. The goal of the DART mission, or the Double Asteroid Redirection Test, is to hit the smaller of the two asteroids, Dimorphos, with the spacecraft at about 15,000 miles per hour and see how the impact changes the asteroid’s trajectory. Joey Roulette, space reporter at The New York Times, joins Cheddar News to talk more about it.
Macy's Thanksgiving Day Parade Returns to the Streets With the Help of Baby Yoda
After a pandemic pause where the Macy's Thanksgiving Day Parade was closed to the public, the annual tradition is returning to the streets of New York with some new, yet familiar, faces. In addition to 10 marching bands, dozens of floats, 30 heritage balloons, and five other newcomers, one creature from a galaxy far, far away is joining the festivities, courtesy of toy manufacturer Funko. Coming in at 41 feet tall, 29 feet long, and 37 feet wide, the Funko Pop!-inspired Grogu balloon, from "The Mandalorian," will make his debut this year. Cheddar's Michelle Castillo reports.
Kyle Rittenhouse's Trial Sparks Self-Defense Debate
Protests across the country continued all weekend following the acquittal of Kyle Rittenhouse. A jury found the 18-year-old not guilty of all five felony charges. Rittenhouse was accused of killing two people and wounding another during protests in Kenosha, Wisconsin last year. Jaha Howard, political strategist and civil rights advocate, joins Cheddar News to breakdown the verdict.
Load More