French drugmaker Sanofi secures a $2.1 billion deal with the United States government.
Dr. Anthony Fauci gets pressed on protests by Ohio congressman Jim Jordan,
17-year-old Graham Ivan Clark is arrested for his alleged involvement in a massive Twitter hack.
The United States could see up to a half million fewer births in 2021.
Sanofi Strike $2.1 Billion Vaccine Deal
French drugmaker Sanofi has secured an agreement of up to $2.1 billion to supply the United States government with 100 million doses of its experimental coronavirus vaccine. It marks the largest vaccine deal known to date.
The Trump administration has so far invested more than $8 billion in coronavirus vaccine projects. The effort known as Operation Warp Speed is placing bets on multiple vaccines and pays companies to manufacture millions of doses before clinical trials are completed.
The European Union also announced that it was working on a deal with Sanofi to buy up to 300 million doses of potential vaccines. The announcements came two days after Sanofi said it had a deal with the British government to supply up to 60 million doses of the vaccine.
Under the U.S. deal, the companies will receive federal funding to pay for clinical trials as well as manufacturing. The company expects to begin clinical trials to test for safety in September, followed by late-stage efficacy trials before the end of this year. Sanofi said it could apply for regulatory approval in the first half of next year. If successful, the government would provide the vaccine to Americans at no cost.
Fauci Gets Pressed About Protests
Dr. Anthony Fauci, the nation’s top infectious disease expert, was pressed today by Ohio congressman Jim Jordan to comment during his House testimony on whether or not the US government should limit protests in order to slow the spread of coronavirus. Fauci declined to directly answer the question adding that any crowd of people close together without masks is a risk.
During the same committee, Dr. Fauci reassured members of Congress that the United States would likely have a safe and effective coronavirus vaccine by the end of this year or early in 2021. He said more than 250,000 people have expressed interest in registering for coronavirus vaccine clinical trials and urged the public to sign up at coronaviruspreventionnetwork.org.
Americans Delay Plans To Have Children
The United States could see up to a half million fewer births in 2021, with no guarantee that the birth rate will bounce back. The Guttmacher Institute surveyed about 2,000 American women in late April and early May and found that 34% wanted to delay pregnancy or have fewer children as a result of the pandemic.
In June the Brookings Institution released a study predicting the U.S. is headed for “a large, lasting baby bust.” Its researchers forecast there will be 300,000 to 500,000 fewer children born in the U.S. next year than there would have been without a crisis, which amounts to a decrease of roughly 10% from 2019.
Karen Guzzo, a sociology professor at Bowling Green State University, says that “Every time that people decide to push back when they’re going to have their first kid or their next kid, some proportion will end up not having the child at all.” Birth rates for women in their 20s dropped 25% during and shortly after the 2007-09 recession.
A lower will have repercussions long after the pandemic is over, including an increased dependence on social security for those who have fewer or no children.
Florida Teen Arrested In Twitter Hack Investigation
A teenager in Tampa, Florida has been arrested and charged for his alleged involvement in a massive Twitter hack earlier this month that took over 130 accounts of prominent users like Joe Biden, Bill Gates and Elon Musk.
The 17-year old was arrested on Friday morning after an investigation conducted by federal and state investigators. Federal authorities were already tracking the teenager before the Twitter hack. According to legal documents, the Secret Service seized over $700,000 worth of Bitcoin from him in April. The Tampa youth faces 30 felony charges, including fraud, and is being charged as an adult.
The Twitter hack began on July 15th as an effort to steal and sell unusual usernames. It quickly escalated, as the hackers took over accounts belonging to cryptocurrency companies and celebrities. The Bitcoin scam netted more than $180,000.
The hackers tweeted from 45 of the accounts, accessed the direct messages of 36 accounts, and downloaded full information from seven accounts. They gained access to internal Twitter systems by stealing login information from employees, then used their access to reset passwords on the accounts.
According to the New York Times, hackers involved with the breach had been quietly selling stolen user names when one person involved in the group suddenly launched the Bitcoin scam before disappearing.
Andrew Warren, the state attorney of Hillsborough County, Florida, said they will hold the teenager accountable. He added on to say that his office was handling the prosecution because Florida law allows greater flexibility than federal law to charge a minor as an adult.
Hundreds Infected At YMCA Camp In Georgia
A CDC report released Friday reveals that hundreds of campers at a north Georgia YMCA camp were infected with coronavirus in just days before the camp was shut down.
A local news station confirmed the location as being the YMCA’s Camp High Harbor on Lake Burton in Rabun County. According to the CDC’s report, 260 of the 344 campers who were tested, tested positive for the virus. The camp was only open for four days before being shut down.
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