Lee Munson of Portfolio Wealth Advisors on finding pockets of opportunity in this market.
Lee Munson of Portfolio Wealth Advisors on finding pockets of opportunity in this market.
As members of the oil cartel OPEC and its allies meet this week to discuss adjusting output, analysts expect old tensions between oil producer giants to flare up again.
Here's a rundown of the allegations against New York Gov. Andrew Cuomo, how he has responded and where the investigations stand.
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A court hearing for 47 democracy activists charged under Hong Kong's national security law was set to resume Tuesday after a marathon session that was adjourned well past midnight after one defendant appeared to collapse and was taken away in an ambulance. The court is weighing whether to grant bail to the activists, who were detained and charged Sunday over their involvement in an unofficial primary election last year that authorities say was part of a plot to paralyze Hong Kong's government. The national security law, which China imposed on Hong Kong eight months ago in response to months of anti-government protests, makes it a crime to overthrow, seriously interfere in, disrupt or undermine Hong Kong's government.
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The Trump Organization stalwart has worked with the ex-president for decades
‘I regard it as absurd that the parliamentarian, a Senate staffer elected by no one, can prevent a wage increase for 32 million workers’
Drew Angerer/GettyWhen she was running for office, Rep. Marjorie Taylor Greene (R-GA) constantly antagonized tech giants like Facebook for allegedly censoring and silencing pro-Trump Republicans, and vowed to fight what she called the “Silicon Valley Cartel” after being elected to Congress.During her first two months on Capitol Hill, Greene has loudly ratcheted up the anti-tech rhetoric. But shortly after her swearing-in, she quietly moved to offload significant stock holdings in the very same companies she so vehemently denounced—netting a healthy sum in the process.According to her latest financial disclosure form, released on Feb. 19, Greene and her husband sold anywhere from $49,000 to $210,000 worth of shares in Facebook, Google, Apple, and Amazon on Jan. 20.It’s unclear exactly how much Greene and her husband, Perry, made from each individual company stock, since congressional forms only list broad value ranges, but it may have been as much as $65,000 each for the four tech stocks. Some shares were owned jointly between the couple and others were owned solely by her husband.Greene’s only other public financial disclosure form, filed in May 2020 when she was a candidate, lists joint or spousal ownership of up to $65,000 in Apple stock, $30,000 in Facebook stock, $30,000 in Amazon stock, and $15,000 in Google stock. The couple sold these holdings in January at a profit—the official form lists capital gains above $200—but the precise figure is unknown.The Sickening History of Marjorie Taylor Greene’s HometownIn light of the growing push from good-government advocates for lawmakers to sell off their holdings of individual stocks to avoid conflicts of interest, Greene’s sell-off could be perhaps welcomed. But her financial disclosure report shows she remains invested in a number of other companies, from Fortune 500 giants like Goldman Sachs and Lockheed Martin to the sports gambling platform DraftKings and activewear brand Lululemon.There’s also the plain irony that Greene was personally invested in, and later profited off, tech companies that she had excoriated for months as totalitarian tools of evil and social control. A spokesperson for Greene did not respond to requests for comment about her stock sale and why she invested in the companies to begin with.Like many hardcore Trump Republicans, Greene has oriented her politics around “cancel culture” and Big Tech’s alleged censorship of those promoting pro-Trump views. On her social media platforms, where she has hundreds of thousands of followers, Greene posts fresh, steaming outrage about them on a near-daily basis.Facebook, shares of which Greene and her husband sold for up to $65,000 net gain on Jan. 20, have been a constant target for her as a candidate and as a member of Congress. Last September, the platform removed a post from Greene in which she posed with a gun next to images of the progressive “Squad,” on the grounds it incited violence. The GOP candidate claimed she was being canceled and now wears a face mask in Congress with the message “CENSORED.”At various points in 2020, Greene called Facebook racist for promoting a message to support Black-owned businesses during the holiday season and slammed it as anti-semitic for censoring the far-right Islamophobic provocateur Laura Loomer. She also accused Facebook of allowing “ANTIFA” to carry out terrorist attacks and charged that the social media platform had “canceled our kids.”In October, when a Facebook spokesperson tweeted they would not link to a New York Post story on Hunter Biden, the Georgia Republican tweeted in outrage that “the Silicon Valley Cartel has taken the First Amendment and ripped it to shreds.”“When I get to Congress,” declared Greene, “Big Tech will be held accountable!”Ironically, in June 2020, the Facebook investor publicly called on her many thousands of followers to use a competitor instead. “For those of yall tired of being censored by Facebook,” she wrote, “I encourage you to open a Parler account today!”Greene has been less critical of the other tech companies she once owned, but her broadsides against the “Silicon Valley Cartel” leave little room for nuance, especially given Google, Amazon, and Apple’s dominance of the sector.Marjorie Taylor Greene Hangs Anti-Trans Sign Outside Office of Congresswoman With Trans DaughterGreene’s tech stock sell-offs could be interpreted as a sign she wished to sever any financial links to companies she had so stridently opposed. A Greene spokesperson did not respond to questions about why she and her husband sold the shares when they did.Barely two weeks after her stock sale, though, Greene was calling on like-minded conservatives to harness the free market system to develop alternatives to the tech companies she’d previously been financing.“Conservatives must join together to invest, develop, and compete in Big Tech in order to protect our conservative values and speech from the never ending cries of the thought police. This would give people the ability to choose the online “community” they invest themselves in,” tweeted Greene on Feb. 7.“The Silicon Valley cartel controlling social media, free speech, and even targeting to take down rising competition, like Parler, must be stopped. The way to stop it is in the free market, while we still can…”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
People aged over 65 with existing health problems can be given the AstraZeneca vaccine, France's health minister said on Monday, departing from the government's earlier stance that the vaccine should be for under-65s only. When the AstraZeneca vaccine was approved for use by European Union regulators, France mandated it would only go to eligible people under 65 because data from trials in older age groups was limited. President Emmanuel Macron has claimed the AstraZeneca vaccine was "quasi-effective" for over-65s and on Monday Canada's advisory body on vaccines said the jab was not recommended for that age group due to a lack of research. But new data on the effectiveness of the AstraZeneca vaccine has "vindicated" the UK's decision to roll it out to older age groups, England's deputy chief medical officer has said. Professor Jonathan Van-Tam said the UK's Joint Committee on Vaccination and Immunisation (JCVI) had taken the view that it was "not immunologically plausible" the vaccine would work in younger age groups and not older ones. A new study from Public Health England (PHE) suggests a single dose of the Pfizer or Oxford vaccine offers dramatic protection against hospital admission and severe disease in older people. The World Heath Organisation has also recommended the jab for over-65s.
ReutersA third woman has come forward to publicly accuse New York Gov. Andrew Cuomo of sexually harassing her—and there’s a picture to back her up.Anna Ruch, who worked on the Biden campaign, told The New York Times that Cuomo put his hand on her bare lower back within moments of being introduced at a wedding in 2019.“I promptly removed his hand with my hand, which I would have thought was a clear enough indicator that I was not wanting him to touch me,” she told the paper.By her account, Cuomo called her “aggressive” and placed his hands on her cheeks.“He said, ‘Can I kiss you?’” Ruch recalled. “I was so confused and shocked and embarrassed,” Ruch told the Times, which said her account was corroborated by the friend and photographs that show the governor clasping her face.“I turned my head away and didn’t have words in that moment.”A third woman has accused Governor Cuomo of unwanted touching and sexual attention, saying he placed his hands on her face and asked if he could kiss her at her friend's wedding. A friend took a series of pictures of the incident as it occurred. https://t.co/bgvzBK4vK0 pic.twitter.com/hXvgTvSntQ— Evan Hill (@evanchill) March 2, 2021 Ruch’s account adds a new dimension to the political crisis Cuomo is facing. In a statement on Sunday, he half-apologized for his behavior in a statement, saying women had “misinterpreted” his “playful” banter, which he admitted could be “too personal.”But calls for his resignation are mounting; a former ally, Rep. Kathleen Rice of Long Island, tweeted Monday night that he should step down. “The time has come,” she wrote, with a link to Ruch’s account.Earlier in the day, Cuomo formally made the referral that will allow state Attorney General Tish James to investigate sexual harassment allegations made by ex-aides Lindsey Boylan and Charlotte Bennett. Cuomo Says He’s Sorry His ‘Playful’ Banter Was ‘Misinterpreted’ by Harassment AccusersBoylan, a current candidate for Manhattan borough president, wrote last week that Cuomo gave her a nonconsensual kiss after years of sexual advances.Bennett, a former health aide, said Cuomo repeatedly asked her if she’d be interested in a sexual relationship with an older man and whether she was monogamous in relationships.“I understood that the governor wanted to sleep with me, and felt horribly uncomfortable and scared,” Bennett said in an interview with the Times. “And was wondering how I was going to get out of it and assumed it was the end of my job.”In a Monday night tweet, Bennett expressed solidarity with Ruch.“Anna — I hear you, I see you. I’m so sorry. His inappropriate and aggressive behavior cannot be justified or normalized. Thank you for your courage and strength. Here for you always,” she said.And Boylan tweeted: “This doesn’t make me feel validated. It makes me feel sick. I feel nauseous thinking about Anna’s experience. I am sending her love and light.”Some Democratic state legislators, including state Assembly members Ron Kim and Yuh-Line Niou, have also called on Cuomo to resign amid the sexual misconduct accusations, as well as alleged mishandling of the state’s nursing homes and their death tolls during the COVID-19 pandemic.Others, such as state Sen. Jessica Ramos, said Cuomo should be stripped of his emergency powers as governor until the conclusion of the investigation, in the wake of the Times’ report on Monday evening.Cuomo Was Always New York’s Bad Guy. Here’s Why He Was Finally Exposed.Cuomo did not immediately comment on Ruch’s claims, with his office pointing instead to his earlier statement, in which he said that he treated members of his staff like family and that his attempts at humor and collegiality had been misconstrued as flirtation.But Ruch is not a member of Cuomo’s staff. And she said she was stunned by Cuomo’s advances in such a public forum after she indicated they were not wanted.“It’s the act of impunity that strikes me,” she said. “I didn’t have a choice in that matter. I didn’t have a choice in his physical dominance over me at that moment. And that’s what infuriates me. And even with what I could do, removing his hand from my lower back, even doing that was not clear enough.”Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
A third woman has comes forward to accuse Andrew Cuomo of inappropriate behaviour, alleging that he asked to kiss her at a wedding. Anna Ruch says that after she met the New York governor at the 2019 celebration and thanked him for toasting the newlyweds, he placed his hand on her bare lower back.
Two incidents in New York highlight a rise in hate attacks on Asian Americans amid the pandemic.
With a vote of 97-72, the Georgia state House on Monday passed a bill supported by Republicans that would roll back voting access. House Bill 531 requires a photo ID for absentee voting, limits weekend early voting days, restricts ballot drop box locations, and sets an earlier deadline to request an absentee ballot. The measure now heads to the state Senate for more debate. State Rep. Barry Fleming (R), the bill's chief sponsor, said it is "designed to begin to bring back the confidence of our voters back into our election system." Democrats and civil rights organizations disagree, arguing that it would make it much harder for people to vote, especially voters of color. State Rep. Renitta Shannon (D) said it is "pathetically obvious" that the bill is in response to Georgia voters turning out in record numbers for November's presidential election, making the state blue for the first time in decades. Voters also showed up in January for the Senate runoffs, when Democrats Jon Ossoff and Raphael Warnock defeated the Republican incumbents, David Perdue and Kelly Loeffler. This gave Republicans the message "that they were in a political death spiral," Shannon said. "And now they are doing anything they can to silence the voices of Black and brown voters specifically, because they largely powered these wins." Demonstrators marched outside the Capitol on Monday to protest the bill, which the Rev. James Woodall, president of the Georgia NAACP, called one of the "most egregious, dangerous, and most expensive voter suppression acts in this entire nation, rolling back years of hardball progress and renewing our own reputation for discrimination." More stories from theweek.comTrump is back. Did anyone miss him?Trump still has the Republican Party by the throatMost awkward awards show ever?
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