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Justice Breyer to retire from Supreme Court
Supreme Court Justice Stephen Breyer, 83, will retire at the end of the court's term this summer. Breyer's retirement is expected to pave the way for President Joe Biden to appoint a new candidate for Supreme Court justice.
Federal Reserve indicates hike in interest rates
The Federal Reserve is set to raise its main target interest rate in mid-March. Fed leaders are looking to control inflation by raising interest rates in the near future.
Coast Guard searches for 38 after boat capsizes off FL coast
On Sunday, a boat traveling from the Bahamas capsized off the FL coast, approximately 45 miles east of Fort Pierce. On Tuesday, the 'Signet Intruder' notified the US Coast Guard (USCG) Miami Sector that they had rescued a survivor who had been "clinging to a capsized vessel."
Gates Foundation appoints four new Board members
On January 26th, the Bill & Melinda Gates Foundation appointed a Board of Trustees with four new members; Strive Masiyiwa, Baroness Nemat Shafik, Thomas Tierney, and Gates Foundation CEO, Mark Suzman. Suzman introduced the board members - who will be joining co-chairs, Bill Gates and Melinda French Gates - in the Gates Foundation's annual letter.
Prince Andrew formally denies sexual assault allegations, seeks jury trial
On January 26th, Britain's Prince Andrew formally denied Virginia Giuffre's sexual abuse allegations and requested a trial by jury in a legal filing with the US District Court in Manhattan. In the filing, Prince Andrew admitted that he had met Jeffrey Epstein "in or around" 1999, but denied committing sexual assault and battery upon Giuffre.
Netherlands eases Covid restrictions despite rising cases
The Netherlands has announced it will be easing COVID restrictions - which are among Europe's strictest - despite rising case numbers. However, as a result of falling COVID-related death and hospitalization rates in the country, these new and less stringent regulations will be in effect until March 8. The Dutch PM, Mark Rutte, noted, "We are taking a big step today to unlock the Netherlands while the infections numbers are really going through the roof."
US and Canadian truckers protest government mandates
American and Canadian truckers are protesting Canada's decision to allow only fully vaccinated drivers to enter its borders from Jan 15 onwards. The truckers are also protesting similar guidelines from the US Occupational Safety and Health Administration (OSHA).
No signs of de-escalation at Russia-Ukraine border
President Joe Biden said the world would face "enormous consequences" if Russia invades Ukraine. Biden also threatened Russian President Vladimir Putin with personal sanctions should he go through with any plan to declare war on Ukrainian soil.
COVID-19 vaccine-or-testing mandate withdrawn for large businesses
The US Occupational Safety and Health Administration (OSHA) announced that it is withdrawing its temporary vaccination-or-testing mandate for businesses with 100 or more employees. OSHA had issued an Emergency Temporary Standard (ETS) in November 2021, requiring large businesses to mandate either COVID-19 vaccinations or regular testing for their employees.
Commerce Department warns of effects of chip shortage
On Tuesday, the Commerce Department released a report revealing the fragility of the semiconductor supply chain. The report stated that US companies were down to a five-day supply of chips in some cases.