Get the Need2Know newsletter in your inbox every morning! Sign up here!

Here are the headlines you Need2Know for Tuesday, March 8, 2022:

HUMAN RIGHTS ABUSES

The U.S. is now looking into possible Russian war crimes and human rights abuses, as Ukrainians on the ground accuse Moscow of waging "medieval-style" siege warfare. The two sides wrapped up a third round of talks that made only minor progress toward establishing "safe corridors" for civilians trying to escape the fighting. All of these developments are escalating fears that more and more civilians will be caught in the crosshairs. CNBC


We thought the war was the crime?

RECORD GAS PRICES

Gasoline prices have hit a record high of $4.17 per gallon and yet the U.S. and its European allies are signaling that a ban on Russian oil imports is still on the table. Secretary of State Antony Blinken said "very active discussions" are underway to cut off Russia from the life-blood of its economy. The move is highly controversial given Russia's outsized role in the global oil market. Germany is warning against the measure, while the rest of EU is divided, and the U.K. is all in. Whatever governments end up doing, private energy companies are getting increasing pressure to back out of Russia and today oil giant Shell relented and announced it'll stop buying Russian oil and natural gas. USA TODAY

COMPANIES WEIGH PULLOUTS

Shell wasn't the only Western company still doing business with Russia. McDonald's and PepsiCo also haven't shut down their operations in the country, which places them among 32 other hold-outs that have significant exposure in Russia, according to a running tally from a Yale University professor. In the meantime, at least 200 companies have pulled out. Recent additions to the list include Netflix, TikTok, and Samsung. Visa and Mastercard have also shut down their operations in the country and now Russia is looking to China for alternative payment processors. THE LIST

Boycott or be boycotted.

BLOCKING CRYPTO WALLETS

Coinbase, the world's second largest crypto exchange, has announced that it's blocking 25,000 Russian users who it said are involved in illicit activity. The move from Coinbase comes as crypto exchanges face increasing pressure from the U.S. government to cut off Russian users. Most exchanges have said they will fully comply with the law, but that they won't punish ordinary Russians for their government's actions. CEO Brian Armstrong said many Russians are using "crypto as a lifeline" as their currency collapses, and a ban would hurt them too. BLOOMBERG

CUTTING TRUCK EMISSIONS

The days of diesel-powered trucks pumping out exhaust could be numbered, as the Biden administration proposes new pollution standards for commercial tractor-trailer rigs. The rules take aim at smog- and soot-forming nitrogen oxide emissions, which are also known to cause respiratory problems in humans. In addition to the advent of battery-powered trucks, the EPA is banking on new pollution control devices to cut emissions. While the trucking industry says it's open to cutting pollution, there's been some pushback that the new standards are technically impossible and could make trucks costly and unreliable. WSJ

AMAZON (RAINFOREST) STRUGGLING

In other environmental news, more than 75% of the Amazon rainforest is struggling to recover from an onslaught of logging, wildfires, and droughts. A new study from the journal Nature Climate Change looked at over two decades of satellite images to conclude that large swaths of the rainforest are becoming less resilient, and could eventually turn into dry savannah. That means entire species of plants and animals could disappear and may threaten the Amazon's crucial planetary role as a massive natural storehouse for carbon dioxide. AXIOS

REDISTRICTING MOVES AHEAD

In a win for Democrats, the Supreme Court is allowing new electoral maps in Pennsylvania and North Carolina to move forward, rejecting pleas from Republicans to overturn them on constitutional grounds. This is a big deal because at issue is whether courts have the right to overturn state legislatures that engage in gerrymandering. While the decision doesn't settle the issue permanently, it does mean that the two states in question will get a chance to reshape their electoral maps after decades of gerrymandering. NY TIMES

“Hello, Gerry.”

[Giphy]

'SQUID GAME ELECTION'

In what some are calling the "Squid Game Election," after the popular Netflix survival-horror series, South Korea's leading presidential candidates are waging the most toxic political campaigns in recent memory. We'd probably need another Netflix series to break it all down, but the mud-slinging has been especially brutal. Supporters of Lee Jae-myung, of the governing liberal party, have called his opponent a "beast," while Yoon Suk Yeol, of the conservative opposition, has described Lee's party as "Hitler." Both candidates have also filed multiple lawsuits charging the other of spreading false information and there's widespread speculation that the loser will end up in jail. AP

They should play children’s games to determine the winner.

BILL COSBY STILL FREE

The Supreme Court has rejected a bid from Pennsylvania prosecutors to review the lower court decision that overturned Bill Cosby's sexual assualt conviction from 2018. The disgraced comedian, who was sentenced to three to 10 years in prison for drugging and sexually assaulting Andrea Constand in 2004, walked free last year after the state Supreme Court overturned the conviction on the grounds that the prosecution had violated Cosby's due process rights. The legal details of the rejection are pretty technical, but the result is clear: Cosby, who multiple women have publicly accused of rape and sexual assault, will not return to jail. CNN

LEFTOVERS: COUNTRY ROYALTY

Miranda Lambert took home the top honor at the 57th Academy of Country Music Awards while Morgan Wallen's "Dangerous: The Double Album" won Album of the Year, just a year after he was banned from the show for using a racial slur. Kelly Clarkson also honored Dolly Parton with a beautiful rendition of "I Will Always Love You." And speaking of country royalty, Prince Harry raised some eyebrows when he popped up in Texas over the weekend to check out bull riding at Fort Worth's Stockyards Championship Rodeo.  PEOPLE

Need2Know Podcast Note: The Need2Know podcast is taking a break for now. We're looking forward to bringing you more context and analysis on the big stories of the day in a few weeks. In the meantime, check out our archive on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Education Tech Company 2U CEO on $800M Acquisition of Online Course Provider edX
Chip Paucek, CEO and co-founder of 2U, an educational tech company, joined Cheddar's "Closing Bell" to talk about the company's $800 million acquisition of online course provider edX featuring curriculum from Harvard and MIT. He noted that added services will provide 2U users with high quality, free options. "Us coming together with edX should allow us to really continue to drive affordability for people to unlock their own potential in a variety of different kinds of programs," he said.
Crypto.com and AEG on Their Historic Deal to Rename the Staples Center
Beginning Christmas Day, the home of the Los Angeles Lakers, Clippers, Kings, and Sparks, the Staples Center, will go by the name Crypto.com Arena after a massive $700 million deal with AEG. Steven Kalifowitz, the chief marketing officer at Crypto.com, and Todd Goldstein, the chief revenue officer at AEG, joined Cheddar to talk about the historic changeover in naming rights and what other changes that fans entering the arena might expect.
Mental Health America Reports Over 50 Million People Are Dealing With Mental Illness
Jillian Hughes, communications director at Mental Health America, joined "Cheddar Wellness" to talk about her organization's annual report on mental wellbeing. She noted that more than 50 million Americans reported suffering from mental health problems with more than half of them going untreated. Hughes also talked about how the ongoing pandemic continues to impact people's mental health.
Boosters For All, Diplomatic Boycott of Beijing Olympics & The Perfect Hug
Jill is joined by “Friend of the Pod” Mosheh Oinounou to talk booster shots, and whether “fully vaccinated” will eventually mean three shots, not two. Plus, the latest on the Kyle Rittenhouse trial. And the research is in: we know now the perfect way to hug. Also, Jill and Mosheh debate whether Airpods are passé.
The Practice Of Living Sustainable, Is It Affordable?
Over the years many people have gotten into the act of living a sustainable life all in the hopes of helping to protect and save the plant. However, some argue that living in this kind of fashion is expensive and only accessible to the wealthy. Editor at Large at CNET Farnoosh Torabi, joined Cheddar to discuss more.
How Roblox Educational Games for Schools Could Expand Its User Base, Metaverse
The popular online gaming platform for kids, Roblox, is reportedly expanding its offerings into the educational space. Ayal Shmilovich, managing partner at Gerber Kawasaki Wealth Investment Management, joined Cheddar to provide some insight into the report from the Wall Street Journal and how Roblox plans to incorporate the metaverse concept into schools. "I definitely think it helps them expand their market to a much broader audience," Shmilovich added. He also noted that Minecraft has 35 million users on its educational platform and was even more optimistic about Roblox's prospects.
Load More