Jan 23, 2020

Doomsday Clock set to 100 seconds from midnight

Photo: Eva Hambach/AFP/Getty Images

The Doomsday Clock was set Thursday to 100 seconds from midnight — the closest it has ever been to mankind's metaphorical destruction since its creation in 1947 — due to the growing threat of climate change and looming threat of nuclear war, according to the Bulletin of the Atomic Scientists' Science and Security Board.

What they're saying: The board shifted the clock ahead 20 seconds — its first change in seconds, instead of minutes — "to underscore the need for action." Its executive chairman, former California Gov. Jerry Brown, said, "Dangerous rivalry and hostility among the superpowers increases the likelihood of nuclear blunder. Climate change just compounds the crisis. If there's ever a time to wake up, it's now."

Go deeper: Doomsday Clock remains at 2 minutes to midnight

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Scoop: Trump's budget calls for major boost to nukes

Illustration: Aïda Amer/Axios

President Trump will request a major increase to the budget for America's nuclear weapons arsenal, according to people familiar with the budget request the administration will unveil on Monday.

By the numbers: Trump's 2021 budget calls for $28.9 billion for the Pentagon to modernize nuclear delivery systems and $19.8 billion to the National Nuclear Security Administration — a nearly 20% increase over his previous budget request — for "modernizing the nuclear weapons stockpile," according to people familiar with the budget request.

Go deeperArrowUpdated Feb 9, 2020 - Politics & Policy

The Fed eyes joining climate-focused coalition of central banks

Federal Reserve Chairman Jerome Powell. Photo: Samuel Corum/Getty Images

The Federal Reserve is likely to join the Network for Greening the Financial System, a coalition of central banks committed to fighting climate change, Bloomberg reports.

The big picture: The Fed, despite President Trump's dismissal of climate change, has been focusing on the topic more. Fed Chairman Jerome Powell said Wednesday that bank officials had already attended meetings of the coalition, which it had previously avoided joining.

Go deeper: Climate change’s surprise twist

Keep ReadingArrowJan 30, 2020

Iowa caucusgoers view climate change as key issue

Illustration: Sarah Grillo/Axios

Ahead of the Iowa caucus on Monday, polling showed "about four in 10 ranked health care as the most important issue facing the country, while three in 10 identified climate change as the top," AP reports.

The state of play: That's one of the results from polling conducted for several days before the event for AP and Fox News by a University of Chicago research group.