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Receiving the vaccine, in Sochi. Photo: Dmitry Feoktistov\TASS via Getty Images

Russia's Sputnik V vaccine demonstrated nearly 92% efficacy against symptomatic cases of COVID-19 and provided complete protection against severe cases, according to a peer-reviewed analysis of a large clinical trial published in the medical journal the Lancet. The vaccine also appears to be safe.

Why it matters: This is the strongest evidence to date that the Russian vaccine is one of several highly-effective options in the global mix. Russia is almost entirely dependent on Sputnik V to vaccinate its own population, and over a dozen other countries have purchased doses.

  • That number is likely to continue to rise, though Russia has thus far struggled to ramp up its manufacturing capacity.
  • Russia hopes to vaccinate 60% of its population by year's end, per WSJ.

Flashback: Vladimir Putin announced in August that the vaccine had been approved despite very limited data, and then in November the state-run Gamaleya Research Institute claimed it was 92% effective, without initially providing supporting data.

  • Both announcements were met with a great deal of international skepticism. But those doubts will be at least partially assuaged by the findings released on Tuesday.

Go deeper: The global line for coronavirus vaccines stretches back to 2023

Go deeper

Feb 2, 2021 - World

Bushfire burns Perth Hills homes while Australian city is on lockdown

A local resident takes a picture of the bushfire and Perth city center on her phone on Tuesday. Photo: Paul Kane/Getty Images

A massive uncontained bushfire has destroyed at least 30 homes in the Perth Hills, Western Australia, officials told the Australian Broadcasting corporation Tuesday.

Why it matters: Per state Premier Mark McGowan, "Right now WA is battling two different kinds of emergencies — a dangerous fire emergency and a COVID-19 lockdown emergency." He said there are "threats to lives and homes" from the wildfire.

Mike Allen, author of AM
4 hours ago - Politics & Policy

Biden adviser Cedric Richmond sees first-term progress on reparations

Illustration: "Axios on HBO"

White House senior adviser Cedric Richmond told "Axios on HBO" that it's "doable" for President Biden to make first-term progress on breaking down barriers for people of color, while Congress studies reparations for slavery.

Why it matters: Biden said on the campaign trail that he supports creation of a commission to study and develop proposals for reparations — direct payments for African-Americans.