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Unveiling the Doomsday Clock. Photo: Win McNamee / Getty Images

As of 10am this morning, the Doomsday Clock stood at two minutes to midnight. The clock was created by the Bulletin of the Atomic Scientists to illustrate how close humans might be to the end of the world. Originally, it only showed nuclear threats, but in recent years, climate change has moved the clock.

Why it matters: The last time the clock was this close to midnight was in 1953. The U.S. and Soviet Union had just tested hydrogen bombs. These scientists feel the risk of annihilation is as great today as it was then.

Why they moved it: According to the Bulletin, there has been an escalation of nuclear tension as the leaders of the U.S. and North Korea trade insults on Twitter. They also cite a dangerous disregard for climate change reflected in the Trump administration, which has initiated some rollbacks of fossil fuel regulations and dropped out of the Paris climate accord.

“To call the world nuclear situation dire is to understate the danger — and its immediacy,” said Bulletin chairs Lawrence Krauss and Robert Rosner in an op-ed published in The Washington Post. An increase in conflict between the U.S. and Russia were also cited.

Others echoed similar concerns: “We have been lucky to avoid conflict through intentional or accidental means, but recent posturing and the false alarms in Hawaii and Japan show our luck is about to run out if we don’t move quickly,” Beatrice Finn, the executive director of the International Campaign to Abolish Nuclear Weapons, said in a statement.

Notable moments in Doomsday Clock history:

  • 1947, the clock debuts at 7 minutes to midnight, to illustrate how urgent addressing nuclear war would be.
  • 1953, the last time the clock was at 2 minutes to midnight.
  • 1963, 12 minutes to midnight. The U.S. and Soviet Union signed the Partial Treaty Test Ban.
  • 1984, 3 minutes to midnight, tensions between the U.S. and the Soviet Union run high.
  • 1991, 7 minutes to midnight, the Cold War is over and there are hopes for disarmament.
  • 2007, 5 minutes to midnight, for the first time, the Bulletin includes climate change as a reason for moving the hand.

The complete timeline of the Doomsday Clock is here.

The bottom line: The Doomsday Clock is as close as it’s ever been to midnight. But it’s moved backwards in the past, and it can today as well.

Go deeper

Updated 19 mins ago - Economy & Business

The billionaire balloon

Data: World Inequality Report 2022; Chart: Axios Visuals

The super-rich are getting stupid rich: New data out today shows the share of global wealth held by the richest slice of humanity swelled by almost a full percentage point during the pandemic.

Driving the news: The top 0.01% of individuals now hold about 11% of the world's wealth, compared to just over 10% in 2020, according to the "World Inequality Report 2022," written by Lucas Chancel, Thomas Piketty, Emmanuel Saez and Gabriel Zucman.

Tina Reed, author of Vitals
21 mins ago - Health

Omicron gives a shot to boosters

Expand chart
Data: CDC; Chart: Will Chase/Axios

Vaccination rates have ticked higher since the discovery of the Omicron variant, CDC data shows.

By the numbers: The seven-day average for vaccinations in the U.S. reached about 1.8 million on Monday, up from an average of about 1.3 million a month ago.

Scoop: Over 200 papers quietly sue Big Tech

Illustration: Allie Carl/Axios

Newspapers all over the country have been quietly filing antitrust lawsuits against Google and Facebook for the past year, alleging the two firms monopolized the digital ad market for revenue that would otherwise go to local news. 

Why it matters: What started as a small-town effort to take a stand against Big Tech has turned into a national movement, with over 200 newspapers involved across dozens of states.