Wednesday, 27th, 2024 | 9:29PM Updated

General view shows the laboratories of BioNTech at their COVID-19 vaccine production facility as the spread of the coronavirus disease (COVID-19) continues, in Marburg, Germany,
BioNTech CEO says vaccine up to 75% effective against India variant

BioNTech SE Chief Executive Ugur Sahin said on Thursday the COVID-19 vaccine it developed with Pfizer Inc is expected to be 70% to 75% effective in protecting against infections caused by the coronavirus variant first detected in India.

U.S. Senator Bernie Sanders (I-VT) talks to reporters as he transits the underground subway at the U.S. Capitol in Washington, U.S.
U.S. Sen. Sanders offers resolution blocking arms sales to Israel

U.S. Senator Bernie Sanders introduced a resolution blocking a $735 million weapons sale to Israel on Thursday, mirroring a symbolic action by the House of Representatives in response to conflict between Israel and Gaza's Hamas leaders.

The United States Department of the Treasury is seen in Washington, D.C., U.S
U.S. Treasury seeks reporting of cryptocurrency transfers, doubling of IRS workforce

The Biden administration's tax enforcement proposal would require that cryptocurrency transfers over $10,000 be reported to the Internal Revenue Service and would more than double the IRS workforce over a decade, the U.S. Treasury said on Thursday.

Debris fly as smoke rises following an Israeli air strike, amid Israeli-Palestinian fighting, in Khan Younis in the southern Gaza Strip,
Israel weighs Gaza truce which Hamas says possible by Friday

Israeli leaders convened on Thursday to consider halting a Gaza offensive, possibly within hours, after U.S. President Joe Biden called for a de-escalation of the fiercest hostilities in years.

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The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S.,
Fed, citing crypto risk, to open digital currency debate this summer

Federal Reserve Chair Jerome Powell flagged the risks of cryptocurrencies in an unusual video message on Thursday that also laid out a clearer timetable for the Fed to consider adopting a digital currency of its own.

A small toy figurine is seen on representations of the Bitcoin virtual currency displayed in front of an image of China's flag in this illustration picture
Explainer: What Beijing's new crackdown means for crypto in China

Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money.

A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany,
U.S. waives sanctions on Nord Stream 2 as Biden seeks to mend Europe ties

The Biden administration waived sanctions on the company behind Russia's Nord Stream 2 gas pipeline to Germany and its chief executive, Secretary of State Antony Blinken said on Wednesday, a move decried by critics of the project in Congress.

Texas Governor Greg Abbott speaks at the annual National Rifle Association (NRA) convention in Dallas, Texas, U.S
Texas governor signs law banning abortions as early as six weeks

Republican Texas Governor Greg Abbott on Wednesday signed into law a "fetal heartbeat" abortion bill that bans the procedure after about six weeks of pregnancy and grants citizens the right to sue doctors who perform abortions past that point.

New York State Attorney General, Letitia James, announces a lawsuit by the state of New York against e-cigarette maker Juul Labs Inc in New York City, U.S.
Merged probe adds muscle, resources to Trump criminal investigation

By joining forces in a newly combined criminal probe of former U.S. President Donald Trump's finances, the New York attorney general and the Manhattan district attorney have opened new avenues to sharing critical information that could speed indictments in the sprawling investigation.

U.S. President Joe Biden waves before boarding the Marine One helicopter for a trip to the Coast Guard Academy from the Ellipse at the White House in Washington,
Biden urged 'de-escalation today' in new call with Netanyahu

U.S. President Joe Biden prodded Israeli Prime Minister Benjamin Netanyahu on Wednesday to immediately lower tensions in the Gaza conflict "on the path" to a ceasefire, the White House said.

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases testifies before a House Select Subcommittee
Fauci expects COVID-19 vaccines for kids in late-2021, sees need for booster shot

Kids in the United States will likely be able to get COVID-19 vaccinations by the end of this year or the first quarter of 2022, Dr. Anthony Fauci, the nation's top infectious disease expert, said at an event on Wednesday.

U.S. President Joe Biden is greeted by U.S. Rep. Debbie Dingell (D-MI) and U.S. Rep. Rashida Tlaib at Detroit Metropolitan Wayne County Airport,
U.S. House Democrats offer resolution blocking $735 million Israel weapons sale

Democratic U.S. lawmakers on Wednesday introduced a resolution seeking to block a $735 million sale of precision-guided weapons to Israel, a symbolic response to conflict between Israel and Gaza's ruling Hamas group.

An aerial view shows wood logs on a raft at the Federal Police base in Manaus, Amazonas state, Brazil
Brazil environment minister targeted in wood-smuggling probe

Brazilian police on Wednesday searched properties connected to Environment Minister Ricardo Salles and other officials in a probe of allegations they allowed illegal exports of timber from the Amazon region to the United States and Europe.

Light from the sunset shines on the United States Supreme Court Building in Washington, D.C., U.S.,
Biden's U.S. Supreme Court commission meets to explore broad reforms

President Joe Biden's commission to study potential changes to the U.S. Supreme Court held its first meeting on Wednesday and will have six months to issue a report on reforms including possibly expanding the number of justices, an idea touted by some liberal activists and Democratic lawmakers.

The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S.,
Ahead of jobs miss, some Fed officials edged towards 'taper' debate

A "number" of Fed officials appeared ready to consider changes to monetary policy based on a continued strong economic recovery, according to minutes of the U.S. central bank's April meeting, but data since then may have already changed the landscape.

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