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Philippine police hunt for six kidnapped Chinese nationals
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Damir Sagolj Acquire Licensing RightsMANILA, Nov 2 (Reuters) - Philippine authorities were trying to track the whereabouts of six Chinese nationals who were abducted in the capital region this week, police said on Thursday. Police anti-kidnapping chief Cosme Abrenica said authorities were investigating the abduction of nine people on Monday in an upscale neighbourhood in southern Metro Manila. Six of the victims were Chinese, who remain missing, and three were Filipino who were released shortly after they were abducted. Abrenica did not disclose the identities of the victims or give any details on their status in the Philippines. The Chinese embassy in Manila said it had noted a request from Reuters for comment.
Persons: Carlos Dominguez, Gao Hucheng, Damir Sagolj, Cosme Abrenica, it's, Abrenica, Philip Aguilar, Mikhail Flores, Robert Birsel Organizations: Philippine, China's, REUTERS, Rights, Police, Reuters, Thomson Locations: Beijing, China, Rights MANILA, Metro Manila, Philippines, Calauan, Manila
Philippine Police Hunt for Six Kidnapped Chinese Nationals
  + stars: | 2023-11-01 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +1 min
MANILA (Reuters) - Philippine authorities were trying to track the whereabouts of six Chinese nationals who were abducted in the capital region this week, police said on Thursday. Police anti-kidnapping chief Cosme Abrenica said authorities were investigating the abduction of nine people on Monday in an upscale neighbourhood in southern Metro Manila. Six of the victims were Chinese, who remain missing, and three were Filipino who were released shortly after they were abducted. Abrenica did not disclose the identities of the victims or give any details on their status in the Philippines. The Chinese embassy in Manila said it had noted a request from Reuters for comment.
Persons: Cosme Abrenica, it's, Abrenica, Philip Aguilar, Mikhail Flores, Robert Birsel Organizations: Police, Reuters Locations: MANILA, Metro Manila, Philippines, Calauan, Manila, China
House Republicans unanimously voted to elect Rep. Mike Johnson as speaker on Wednesday in a stunning turnaround that came more than three weeks into a standoff that descended the chamber into a crisis of its own creation. Johnson, an unlikely candidate for speaker just weeks ago, was elected in 2016 and serves as the vice chairman of the House GOP conference. And by the evening, lawmakers spoke of a Johnson speakership as if it were all-but guaranteed. House Republicans sprung to their feet as House GOP Conference Chairwoman Elise Stefanik nominated Johnson for the speakership ahead of the vote on Wednesday, delivering a standing ovation as chants of “Mike” rang out. “Today is the day that House Republicans will humbly look in our hearts and elect Mike Johnson as speaker of the people’s House,” Stefanik said.
Persons: Mike Johnson, Kevin McCarthy’s gavel, Steve Scalise’s, Jim Jordan’s, Tom Emmer’s, Johnson, ” Johnson, he’s, Jordan, Donald Trump’s, , He’s, Pete Aguilar, Donald Trump, , Emmer, didn’t, , hasn’t, Elise Stefanik, Mike ”, ” Stefanik, Mike, Joe Biden, He’ll Organizations: Louisiana Republican, GOP, Republican, Democrats, Democratic, Republicans, Israel Locations: legislating, Ukraine, Gaza
“What’s this?” Jack Skellington sings excitedly when he first comes across Santa Claus’s snowy, colorful village in “The Nightmare Before Christmas.” That’s also what Disney executives asked with concern about the idiosyncratic stop-motion animation musical when they saw a rough cut. “Anytime you’re doing something like that, which was unknown: stop motion, the main character doesn’t have any eyeballs and it’s all music, what’s to feel comfortable about?” Tim Burton said during a video call from London. “Of course they would be nervous about it.”Burton’s “Nightmare,” currently back in theaters to commemorate its 30th anniversary, is now more popular than ever: This weekend the Hollywood Bowl in Los Angeles is holding a series of live concerts around the film, Disney theme parks feature seasonal attractions inspired by its characters, and merchandise, from board games to housewares, abounds. But the eccentric and endearing movie wasn’t always a ubiquitous part of our holiday watch list. Back in October 1993, “Nightmare” was released not as a Disney title but under the studio’s more adult-oriented label Touchstone Pictures.
Persons: Jack Skellington, ” That’s, Tim Burton, Organizations: Disney, Hollywood Bowl, Touchstone Pictures Locations: London, Los Angeles
The White House invited more than 300 guests to the state dinner hosted by President Biden for Prime Minister Anthony Albanese of Australia on Wednesday night, including business leaders, musicians, athletes and prominent Australian Americans. Here is the full list of those invited as provided by the White House. THE PRESIDENT AND DR. BIDENTHE HONORABLE ANTHONY ALBANESE, PRIME MINISTER OF AUSTRALIA, AND MS. JODIE HAYDONJoyce Aboussie and Greg KellerRepresentative Pete Aguilar, Democrat of California, and Alisha AguilarElizabeth Allen, under secretary of state for public diplomacy and public affairs, and Edward Price, senior adviser to the secretary of state
Persons: Biden, Anthony Albanese of, BIDEN, ANTHONY ALBANESE, JODIE HAYDON Joyce Aboussie, Greg Keller, Pete Aguilar, Alisha Aguilar Elizabeth Allen, Edward Price Organizations: White House, Anthony Albanese of Australia, White, DR, OF AUSTRALIA Locations: California
Lacking the 217 votes he needs to claim the speaker's gavel, Jordan postponed further action until 11 a.m. ET (1500 GMT) on Wednesday, while he scrambled to pressure the 20 fellow Republicans who voted against him on Tuesday afternoon. Tuesday's failed vote meant that the House remains leaderless, as it has been since a handful of Republican insurgents engineered McCarthy's removal. Republicans control the House by a narrow 221-212 margin, giving them little room for error on divisive votes like this one. 3 House Republican, and Patrick McHenry, who is temporarily filling the speaker's chair.
Persons: Republican Jim Jordan, Jordan, Kevin McCarthy, Hakeem Jeffries, Tuesday's, Donald Trump, McCarthy, Jim Jordan, Tom Emmer, Mario Diaz, Balart, Ken Buck, Trump, Joe Biden, Patrick McHenry, Jeffries, McHenry, Pete Aguilar, decry, John Boehner, David Morgan, Makini Brice, Moira Warburton, Katharine Jackson, Andy Sullivan, Scott Malone, Jonathan Oatis, Grant McCool Organizations: Republican, U.S . House, Democratic, Democrats, U.S . Rep, Republicans, New, Scalise, New Republican, Trump, Committee, Biden, Caucus, Ohio State University, Thomson Locations: East, Ukraine, U.S, Washington, New York City, Israel
"Even Pope Francis, it took him five ballots to get elected," said Republican Representative Nicole Malliotakis. 2 House Republican whose own bid for speaker fell apart last week, and six voted for McCarthy. After the vote, Jordan spent time talking with lawmakers who had voted against him on the House floor. 3 House Republican, and Patrick McHenry, who is temporarily filling the speaker's chair. "He is a patriot, an America First warrior who wins the toughest of fights," Republican Representative Elise Stefanik said as she nominated Jordan for speaker on the House floor.
Persons: Republican Jim Jordan, Donald Trump, Hakeem Jeffries, Kevin McCarthy's, McCarthy, Pope Francis, Nicole Malliotakis, Jordan, Steve Scalise, Lee Zeldin, Tom Cole, Tom Emmer, Thomas Massie, Mike Garcia, Scalise, Mario Diaz, Balart, Jim Jordan, Patrick McHenry, Jeffries, Jordan's, Joe Biden, Elise Stefanik, Trump . Jordan, Trump's, Pete Aguilar, decry, John Boehner, David Morgan, Makini Brice, Moira Warburton, Katharine Jackson, Andy Sullivan, Scott Malone, Jonathan Oatis, Grant McCool Organizations: Republican, U.S . House, Seven Republicans, Congress, Jordan . Four Republicans, New, U.S . Rep, New Republican, Democratic, Senate, Democrats, Trump ., Committee, Biden, Caucus, Ohio State University, Thomson Locations: Ohio, East, Ukraine, U.S, Washington, New York City, America, Trump
After Republicans pulled the plug on a second speaker vote on Tuesday, Representative Hakeem Jeffries went out to the Capitol steps to castigate Republicans for their predicament. He urged them to work with Democrats to find a solution, though he was not specific what that might be. Mr. Jordan also was apparently rebuffed by Mr. Scalise when he asked for help in converting those still simmering over the treatment of the majority leader. The floor showdown also gave Republicans a taste of what they could expect from Democrats if they did end up going with Mr. Jordan. He served notice that every comment and position Mr. Jordan had made or taken would be hung around the neck of House Republicans who backed him — and 200 did so on Tuesday, even as he fell short.
Persons: Hakeem Jeffries, ” —, Jordan, MAGA, Scalise, McCarthy, Pete Aguilar, Jeffries, Mr, Organizations: Republicans, Republican, Democrat, Democratic, Ohio Republican Locations: Pete Aguilar of California, Ohio
The U.S. Capitol is seen at sunrise as Republican House members will today continue their search to find a House speaker following the ouster of Kevin McCarthy, in Washington, U.S., October 13, 2023. The House of Representatives has drifted leaderless for 12 days since eight of its 221 Republicans ousted Speaker Kevin McCarthy. Some House Republicans voiced frustration and anger that they have gone so long without being able to choose a leader. Our adversaries are watching what we do and ... quite frankly, they like it," said Republican House Foreign Affairs Committee Chairman Michael McCaul. Former President Trump, the frontrunner for the 2024 Republican nomination, has at times been a cheerleader for the chaos.
Persons: Kevin McCarthy, Kevin Lamarque, Donald Trump's, Israel, hardliner Jim Jordan, Joe Biden, Michael McCaul, McCaul, Trump, Zach Nunn, Nunn, Pete Aguilar, Tommy Tuberville, Tuberville, Vladimir Putin, Elizabeth Hoffman, William Hoagland, Congress doesn't, Scott Perry, Richard Cowan, Patricia Zengerle, Scott Malone, Cynthia Osterman Organizations: U.S, Capitol, Republican, REUTERS, Rights, U.S ., Hamas, Republicans, Democratic, House, Republican House Foreign, Reuters, Israel, Democrats, House Democratic, Pentagon, Center for Strategic & International Studies, Center, Congress, Caucus, Thomson Locations: Washington , U.S, East, Ukraine, Washington, Middle, Israel, Gaza, Iowa, Des Moines
CAMPECHE, Mexico, Oct 14 (Reuters) - Thousands of people across the Americas gazed at the heavens on Saturday to witness a rare phenomenon known as an annular solar eclipse, when the moon passes in front of the sun, momentarily producing the appearance of a "ring of fire" in the sky. "It's one of those things you can't miss," said Oscar Lopez, 26, who travelled from Mexico City to the southern Mexican city of Campeche to see the eclipse. [1/14]A solar eclipse is observed in Neiva, Colombia, October 14. REUTERS/Vannessa Jimenez Acquire Licensing RightsAn annular solar eclipse occurs when the moon passes between Earth and the sun at a time when the moon is at or close to its farthest point from our planet. It does not completely obscure the face of the sun, unlike in a total solar eclipse.
Persons: Oscar Lopez, We're, Lopez, Vannessa Jimenez, Isaac Solis, Alondra de Jesus Aguilar, " Aguilar, Alberto Fajardo, Will Dunham, Dave Graham, Diane Craft Organizations: NASA, U.S ., REUTERS, Thomson Locations: CAMPECHE, Mexico, Mexico City, Mexican, Campeche, U.S . Pacific Northwest, California , Nevada , Utah , Arizona, New Mexico, Texas, Guatemala, Belize, Honduras, Nicaragua, Panama, Colombia, Brazil, Yucatan, Neiva
RENO, Nev. (AP) — The Nevada secretary of state’s office will hold a presidential primary for Republican voters, despite the Nevada GOP saying they’ll only honor the results of their party-run caucus to choose the Republican presidential nominee. A second longshot Republican presidential candidate cast their name on the presidential primary ballot Friday, triggering a 2021 state law that requires the Nevada secretary of state’s office to hold a presidential primary for the party. Political Cartoons View All 1202 ImagesStill, the caucus rules were approved in a vote by the state party’s central committee members late last month. Still, he maintained that their outreach will strictly be about the presidential primary process his office is running, not the party-run caucus. He said caucus outreach is the job of the state party and the candidates opt for the caucus.
Persons: they’ll, , Cisco Aguilar, “ That’s, Donald Trump, Michael McDonald, Joe Lombardo's, ” McDonald, Vivek Ramaswamy, Heath Fulkerson, John Castro —, Castro, Trump, Ron DeSantis, Ken Cuccinelli, ” Aguilar, “ It’s, ” ___ Stern, Stern Organizations: Republican, Nevada GOP, Nevada Republican, Trump, Trump Nevada GOP, Nevada's Democratic, Republican Gov, Republicans, Reno, Heath, Capitol, Super PAC, Florida Gov, Nevada, Associated Press, America Statehouse News Initiative, America Locations: RENO, Nev, The Nevada, Nevada, Trump Nevada, Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have been encouraging our clients to be 'barbell': Schwab Asset Management CEOOmar Aguilar, Schwab Asset Management CEO, joins 'Squawk on the Street' to discuss the recent spate of economic data, whether the long-term yield performance is worrying, and more.
Persons: Omar Aguilar Organizations: Schwab Asset, Schwab Asset Management
Man shot at protest over New Mexico conquistador statue
  + stars: | 2023-09-28 | by ( Andrew Hay | ) www.reuters.com   time to read: +2 min
New Mexico resident Ryan Martinez, 23, was taken into custody as the suspected shooter after leaving the event in a car, said Rio Arriba County sheriff's office Major Lorenzo Aguilar. A Hopi Native American man from Seattle, Washington, was shot, according to Peixinho. The county halted the reinstallation of 16th-century Spanish conquistador Juan de Onate's statue planned for Thursday after protests over the return of the bronze figure, removed three years ago during nationwide anti-racism demonstrations. The Santa Fe New Mexican showed a picture of a man at the protest it identified as Martinez wearing a red MAGA hat. Onate is known for the 1599 massacre of a pueblo tribe, leading a group of Spanish settlers into what is now New Mexico.
Persons: Juan de Onate, Mateo Peixinho, Ryan Martinez, Major Lorenzo Aguilar, Christina Castro, Juan de Onate's, Peixinho, Martinez, Onate, Andrew Hay, Josie Kao, Lincoln Organizations: University of New, Santa Fe, Red Nation, Thomson Locations: Spanish, Rio Arriba County, Espanola , New Mexico, U.S, New Mexico, Espanola, Seattle , Washington, University of New Mexico, Albuquerque, Santa, Mexican
Sen. Menendez has argued that he's being targeted for being a "first-generation Latino American." AdvertisementAdvertisementFellow Latino lawmakers in Congress aren't buying Sen. Bob Menendez's claims that he's being targeted by prosecutors for his heritage. "Latinos face barriers and discrimination across the board in so many categories, including in our justice system. AdvertisementAdvertisementInsider asked several of Menendez's Latino colleagues in the Senate on Tuesday what they made of his argument, including Republican Sens. Democratic Rep. Veronica Escobar of Texas also pushed back on Menendez's claims as she called on him to resign.
Persons: Sen, Menendez, it's, , Bob Menendez's, he's, Pete Aguilar, Aguilar, Phil Murphy, Marco Rubio, Ted Cruz, Democratic Sen, Ben Ray Luján, Rubio, Cruz, Alexandria Ocasio, Cortez, Veronica Escobar, Escobar Organizations: Service, Democratic, House Democratic Caucus, New, New Jersey Democrat, Gov, Democrats, Republican Sens, of Justice, Texas Tribune Locations: Pete Aguilar of California, New York, Egypt, New Jersey, Ted Cruz of Texas, New Mexico, Alexandria, Cortez of New York, Cortez, Veronica Escobar of Texas
Mexico is now America's top trade partner thanks to US-China tensions and "nearshoring." AdvertisementAdvertisementMexico's infrastructure is not readyBeing a more attractive trade partner to the US is one thing. China is now Mexico's largest trading partner globally, and Mexico is already China's second-largest trade partner in Latin America. China's Foreign Direct Investment in Mexico is still small (about 1% of Mexico's Foreign Direct Investment) but it is its fastest-growing source of outside investment. If Mexico's economy is going to surge, it needs to be more than just a middleman.
Persons: Luis Torres, , Tesla, JULIO CESAR AGUILAR, Xi Jinping, Lintao Zhang, Kearney, Gerardo Esquivel Organizations: Service, Federal Reserve Bank of, Foreign, Investment, Bloomberg, Getty, Publishing Locations: Mexico, China, Wall, Silicon, Federal Reserve Bank of Dallas, Monterrey, Nuevo Leon, Nuevo León, Latin America, Yantai, Shandong Province, Mexican, United States
[1/2] The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. A third senior trading source confirmed that Vitol had resumed business with Mexico. Neither the deals nor the fact that Mexico resumed trading with Vitol have previously been reported. Vitol declined to comment while Pemex and the Mexican government did not respond to requests for comment. Eventually, Pemex officials pulled the plug on contract negotiations after Vitol officials refused their proposed changes to terms.
Persons: Raquel Cunha, Pemex, cargos, Vitol, Arvin, Andres Manuel Lopez Obrador, Octavio Romero, Pemex's Romero, Javier Aguilar, Aguilar, Stefanie Eschenbacher, Ana Isabel Martinez, Dmitry Zhdannikov, Luc Cohen, Marianna Parraga, Florence Tan, Stephen Eisenhammer, Marguerita Choy Organizations: REUTERS, Reuters, U.S . Department of Justice, Thames, Thomson Locations: Mexico City, Mexico, MEXICO, Swiss, Brazil, Ecuador, Liberia, Houston, Pajaritos, Denmark, Tuxpan, Tampico, America, Geneva, U.S, Brooklyn, London, New York, Singapore
Following the conviction, U.S. Attorney Damian Williams in Manhattan called the theft "one of the most brazen and damaging acts of espionage in American history." In a 14-page decision, U.S. District Judge Jesse Furman in Manhattan found "more than sufficient" evidence to support Schulte's espionage and hacking convictions. Prosecutors have said Schulte was motivated to leak materials out of spite over how he thought the CIA treated him prior to his November 2016 resignation. Prosecutors said they found the material in Schulte's Manhattan apartment, in an encrypted container beneath three layers of password protection, during the CIA leaks probe. The case is U.S. v. Schulte, U.S. District Court, Southern District of New York, No.
Persons: George W, Bush, Joshua Schulte, Damian Williams, Jesse Furman, Schulte's, Aguilar, Furman, Schulte, Prosecutors, Williams, Jonathan Stempel, Cynthia Osterman Organizations: U.S . Central Intelligence Agency, CIA, Central Intelligence Agency, FBI, WikiLeaks, Prosecutors, Brooklyn's Metropolitan Detention, Court, Southern District of, Thomson Locations: Langley , Virginia, U.S, Manhattan, Brooklyn's, Southern District, Southern District of New York, New York
The maximum sustained wind speed remained unchanged at 85 mph while spreading "heavy rains" northward over the peninsula. Jamie Rhome Director, U.S. National Hurricane CenterIt was not immediately clear whether officials considered the fatality related to the hurricane, but video posted by local officials showed torrents of water coursing through the town's streets. Forecasters said the storm was still expected to enter the history books as the first tropical storm to hit Southern California in 84 years, bringing flash floods, mudslides, isolated tornadoes, high winds and power outages. Hilary brought heavy rain and flooding to Mexico and the southwestern U.S. on Saturday, ahead of the storm's expected Sunday border crossing. Forecasters warned it could dump up to 10 inches (25 centimeters) — a year's worth of rain for some areas — in southern California and southern Nevada.
Persons: Hurricane Hilary, Reuters Hurricane Hilary, Edith Aguilar Villavicencio, Jamie Rhome, Elizabeth Adams, Gavin Newsom, Hilary Organizations: Reuters, Reuters Hurricane, National Weather Service, National Weather Center, National Hurricane, Santa, National Weather Service San Diego, California Gov, Sunday Locations: Armeria, Colima, Mexico, Baja California, Miami, Punta Eugenia, San Diego , California, Mexican, Santa Rosalia, Mulege, Southern California, Santa Catalina, Southern, California, U.S, Canada, Hawaii's, Maui, Lahaina, Nevada
REUTERS/Erik De Acquire Licensing Rights Read moreMANILA, Aug 19 (Reuters) - The Philippine armed forces said on Saturday it would again seek to resupply troops stationed in a rusty World War 2-era ship on a reef in the South China Sea, after China blocked a previous attempt with water cannons. China claims almost all the South China Sea, an assertion rejected internationally, while Malaysia, Vietnam, Brunei, Taiwan and the Philippines have various claims to certain areas. The planned resupply mission "is a clear demonstration of our resolve to stand up against threats and coercion, and our commitment in upholding the rule of law", the armed forces said. In 2016, an international arbitration award invalidated China's sweeping claim to almost the entire South China Sea. China, which does not recognise the ruling, has built man-made islands with airstrips and surface-to-air missiles in the South China Sea.
Persons: Thomas Shoal, Erik De, Medel Aguilar, Thomas, Aguilar, Neil Jerome Morales, William Mallard Organizations: Philippine Marines, BRP Sierra Madre, Philippine Navy, REUTERS, Thomson Locations: Philippine, Spratly, South, MANILA, South China, China, Manila, Beijing, Philippines, Thomas Shoal, Malaysia, Vietnam, Brunei, Taiwan
CNN —Cecily Aguilar, the woman charged in connection with the 2020 killing of Army Spc. Vanessa Guillen, has been sentenced to 30 years in federal prison. Aguilar pleaded guilty last year to one count of accessory after the fact, and three counts of making a false statement. Robinson died by suicide as authorities closed in on him in 2020, making Aguilar the only person charged in connection to Guillen’s death. Guillen, who was a 20-year-old private first class at the time of her death, went missing in April 2020.
Persons: Cecily Aguilar, Vanessa Guillen, Aguilar, Aaron Robinson, dismembering Guillen, Fort Hood, Robinson, Guillen, Jaime Esparza, “ Ms, Mayra Guillen, Vanessa’s, Cecily, , , Robinson “, Vanessa Guillen —, bludgeoning, Leon, Joe Biden, Vanessa Guillen ”, Natalie Khawam, ” Khawam Organizations: CNN, Army Spc, Spc, Western, Western District of, Google, Army, Military Locations: Fort Cavazos , Texas, Fort, Western District, Western District of Texas, Texas, Cavazos, Guillen’s
Opponents of the scheme on the Canary Island of La Gomera call it an atrocity and will demonstrate against it on Saturday. Their petition to halt the cull of flame trees, whose bright red flowers make them a magnet for tourists, has drawn more than 1,200 signatures. "We are all battling climate change, and trying to create a green San Sebastian. Laura Concepcion, biologist at the World Biosphere Reserve on neighbouring La Palma, said flame trees could not be deemed an aggressive species. Rodriguez admitted the San Sebastian flame trees' roots were interfering with pipes and distorting stones in some places.
Persons: Aguilar, Elizabeth Scullion, Angelica Padilla, del Carmen Rodriguez, Gomera, Javier Sanchez, Laura Concepcion, Rodriguez, John Stonestreet, Corina Rodriguez, William Maclean Organizations: Avenida, REUTERS, Canarian, Socialist Party, PSOE, Reuters, UNESCO, La, Thomson Locations: Spanish, La Gomera, Spain, Handout, SANTA CRUZ DE TENERIFE, San Sebastian, La Palma
House Democratic leaders are backing Texas Rep. Henry Cuellar's 2024 re-election bid. That's despite his an FBI raid on his home, his opposition to abortion, and other conservative positions. In addition to Jeffries, Cuellar has the backing of the rest of the top echelon of House Democratic leadership, including Democratic Caucus Chairman Rep. Pete Aguilar of California, Democratic Whip Rep. Katherine Clark of Massachusetts, and Assistant Democratic Leader Rep. Jim Clbyrun of South Carolina. He also has the backing of former House Speaker Rep. Nancy Pelosi of California and former House Majority Leader Rep. Steny Hoyer of Maryland. She lost to Cuellar by less than 300 votes last cycle, despite the backing of progressives including Rep. Alexandria Ocasio-Cortez of New York and Sen. Elizabeth Warren of Massachusetts.
Persons: Henry Cuellar's, That's, Henry Cuellar, Hakeem Jeffries, Jeffries, Cuellar, Pete Aguilar, Katherine Clark of, Jim Clbyrun, Nancy Pelosi, Steny Hoyer, Jessica Cisneros, Alexandria Ocasio, Cortez, Sen, Elizabeth Warren of Massachusetts Organizations: Democratic, Texas, FBI, Cuellar, Service, House Democratic Caucus, National Rifle Association, POLITICO, Texas Tribune, Maryland, Rep Locations: Wall, Silicon, Texas, South Texas, New York, Pete Aguilar of California, Katherine Clark of Massachusetts, South Carolina, California, Alexandria, Cortez of New York
Aaronp/bauer-griffin | Gc Images | Getty ImagesIt's "Shark Week," the annual television-programming event on Discovery that stars the ocean's apex predators. Specifically, investors have a tendency to get swept away by the fear or euphoria of the recent past. This is called "recency bias," and it's often accompanied by financial loss. "People need to understand that recency bias is normal, and it's hard-wired," said Charlie Fitzgerald III, an Orlando, Florida-based certified financial planner. Investors are most vulnerable to recency bias, he said, when on the precipice of a major life change such as retirement, when market gyrations may seem especially scary.
Persons: bauer, Charlie Fitzgerald III, Steven Spielberg's, Omar Aguilar, Fitzgerald, I'm, Moisand Fitzgerald Tamayo, FOMO Here's, Aguilar, Christopher Polk Organizations: San Diego Convention Center, Aaronp, GameStop, Schwab Asset Management, Universal Studios Home Entertainment, Filmmagic, Getty, Finance Locations: Orlando , Florida
Investors can get swept away by the fear or euphoria of the recent past — and it often costs them financially. "Recency bias" is the tendency to put too much emphasis on recent events, like a stock-market rout or the meteoric rise of bitcoin or a meme stock like GameStop, for example. Investor choices are guided by these short-term events — which may be counter to their best interests, as is often the case when selling stocks in a panic. "Would you want to go for a long ocean swim after watching 'Jaws'? Probably not, even though the actual risk of being attacked by a shark is infinitesimally small," wrote Omar Aguilar, CEO and chief investment officer at Schwab Asset Management.
Persons: Steven Spielberg's, Omar Aguilar Organizations: GameStop, Finance, Schwab Asset Management
CNN —Israeli President Isaac Herzog is set to deliver an address to a joint meeting of Congress on Wednesday, in what is expected to mark a bipartisan show of support for a top strategic ally in the Middle East. There is widespread support for Israel on both sides of the aisle in Congress, but some House Democrats have said they’ll skip the address, citing concerns about human rights. Jayapal, a Washington state Democrat, said “Israel is a racist state” on Saturday while addressing pro-Palestine protesters who interrupted a panel discussion at the Netroots Nation conference in Chicago. “In May, I became the second Speaker of the US House of Representatives in history to address the Israeli Knesset, and now, it is my privilege to host Israeli President Isaac Herzog for a similar honor. The only other President of Israel to share this distinction is his father – President Chaim Herzog – more than 35 years ago,” McCarthy said in a statement at the time.
Persons: Isaac Herzog, Nancy Pelosi, Chuck Schumer, Hakeem Jeffries, Herzog “, Pramila Jayapal, ” Jeffries, Katherine Clark, Pete Aguilar, Ted Lieu, “ Israel, who’s, ” Jayapal, , Joe Biden, Herzog, Kevin McCarthy, McCarthy, Chaim Herzog –, ” McCarthy Organizations: CNN, Israel, Democrats, West Bank, Democratic, , Democratic Rep, Congressional Progressive Caucus, Top, Palestine, Netroots, White Locations: California, New York, Israel, Washington, Chicago, Palestine, America
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