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Police assist an injured man near London Bridge on Nov. 29 after reports of shots being fired on London Bridge. Photo: DANIEL SORABJI / Contributor/Getty Images

A man convicted in 2012 for terrorism offenses allegedly stabbed several people, two fatally, on Friday, before bystanders tackled him, and officers fatally shot him on London Bridge, the AP reports.

The latest: The Islamic State said, without evidence, that the London Bridge attack was carried out by one of its fighters, the group's Amaq news agency reported according to Reuters.

  • The Islamic State also said the attack was made in response to calls to target nations that have been part of a coalition trying to fight the group.

Details: Authorities identified the 28-year-old male suspect, who was convicted for his role in a 2010 plot to bomb the London Stock Exchange, per the Wall Street Journal. He had been jailed for six years before being released in Dec. 2018. Friday's attack, also deemed a terrorist incident, took place near the site of a deadly knife and van rampage in 2017.

What they're saying: British Prime Minister Boris Johnson said on Saturday that people convicted of terrorism offenses should not be permitted to leave prison early, Reuters reports.

"I think that the practice of automatic, early release where you cut a sentence in half and let really serious, violent offenders out early simply isn't working, and you've some very good evidence of how that isn't working, I am afraid, with this case."
— Boris Johnson

Go deeper: Police confirm two dead after London Bridge stabbing

Go deeper

2 hours ago - Health

U.S. surpasses 25 million COVID cases

A mass COVID-19 vaccination site at Dodger Stadium on Jan. 22 in Los Angeles, California. Photo: Mario Tama/Getty Images

The U.S has confirmed more than 25 million coronavirus cases, per Johns Hopkins data updated on Sunday.

The big picture: President Biden has said he expects the country's death toll to exceed 500,000 people by next month, as the rate of deaths due to the virus continues to escalate.

GOP implosion: Trump threats, payback

Spotted last week on a work van in Evansville, Ind. Photo: Sam Owens/The Evansville Courier & Press via Reuters

The GOP is getting torn apart by a spreading revolt against party leaders for failing to stand up for former President Trump and punish his critics.

Why it matters: Republican leaders suffered a nightmarish two months in Washington. Outside the nation’s capital, it's even worse.

Erica Pandey, author of @Work
6 hours ago - Economy & Business

The limits of Biden's plan to cancel student debt

Data: New York Fed Consumer Credit Panel/Equifax; Chart: Axios Visuals

There’s a growing consensus among Americans who want President Biden to cancel student debt — but addressing the ballooning debt burden is much more complicated than it seems.

Why it matters: Student debt is stopping millions of Americans from buying homes, buying cars and starting families. And the crisis is rapidly getting worse.