A record 32 million Latinos were eligible to vote in the 2020 election, making them the largest minority bloc of voters in the country. Although they historically lean Democrat, their support for the Republican party has been increasing. How did the Latino vote help shape the outcome of the election?- Advertisement – Video by Angelica Casas – Advertisement –
The UK actuarial association is calling on pensions actuaries to think carefully about climate change and other environmental issues as part of their work.The Institute and Faculty of Actuaries (IFoA), which has been becoming more vocal on environmental issues, published a “Risk Alert” on Friday to inform actuaries that they “should ensure they understand, and are clear in communicating, the extent to which they have taken account of climate-related risks in any relevant decisions, calculations, or advice”.It said that pension funds and other institutions with long-term liabilities should evaluate and manage the impact of changing patterns of temperature and disease on mortality.Institutions with unfunded or partially funded liabilities should evaluate and manage the impact on the covenant of the sponsor and other funding bodies, it added. The IFoA said the alert was asking its members “to think carefully about the consequences of actions they are taking”.Nico Aspinall, chair of the IFoA’s resource and environment board, said: “Many clients of actuaries are exposed to climate change risks and our industry has much to offer when helping all stakeholders to consider the potential impact.“That’s why we’ve issued this alert which will help draw attention to the issue and provide useful information on three types of climate risk: physical, transition, and liability”.The institute said its members should keep up-to-date with the risks developing in the area of climate change “and continue to consider the impacts of their work”.The IFoA suggested actuaries should consult and consider the recommendations issued in December by the Financial Stability Board Taskforce on Climate-related Financial Disclosures.In addition to the “Risk Alert”, the IFoA published a more detailed guide for pensions actuaries on a wider range of environmental and natural resource issues. These may be less visible and less well understood than issues usually considered by pensions actuaries, the institute said.Colin Wilson, IFoA president, said: “There is increasing consensus that environmental issues are an area of financial risk that actuaries should consider in their work, particularly those relating to climate change. This is already happening in the sectors of general insurance and investment – we believe pensions funding is the logical next step.”Environmental issues could affect covenant assessments, funding advice, and mortality, according to the institute’s guide.It said that “resource and environment issues” would rarely be the top priority for a pension scheme, but were illustrative of more general challenges facing pensions actuaries, such as a tendency for covenant assessments to focus on short-term, quantifiable aspects.“For some schemes, the most relevant consideration may be the extent and speed at which insurers factor [resource and environment issues’] impacts into annuity pricing,” it said.Falco Valkenburg, chairperson of the pensions committee of the Actuarial Association of Europe (AAE), told IPE that AAE was also looking into climate risks, having set up a task force on risk management to consider this topic.
West Palm Beach police say a 49-year-old Palm Beach man pulled a gun on another shopper during an argument at the Home Depot on Palm Beach Lakes Boulevard in West Palm Beach last Sunday.Even though he did have a permit to carry, Michael Edward Cassaday faces charges of aggravated assault with a deadly weapon and improper exhibition of a dangerous weapon, according to a report from West Palm Beach Police.Cassaday and another shopper reportedly both men asked a clerk for help and got into a profanity-laced argument. Cassaday allegedly used a racial epithet while explaining that he had asked for help first. Then police say he pulled a Beretta handgun on the other man, who is black, as the verbal altercation escalated.The man told police he feared for his life when Cassaday pulled his firearm on him and continued to walk through five aisles of the store with his gun in his hand by his side. The other man told police that he heard Cassaday say “I’m going to shoot that … between his eyes.” When officers arrived, Cassaday was “walking out displaying his firearm on his waist,” the report said.Cassaday has an active concealed-weapon permit, but he did not have it on him at the time of the incident, the report said.He was taken to the Palm Beach County Jail and released on a $10,000 bond. Based on the incident, police “strongly recommended” that Cassaday’s concealed weapon permit be revoked or suspended.A hearing on the matter is scheduled for 9:30 a.m. July 8.According to public records, Cassaday’s history includes DUI, hit-and-run, burglary, possession of a controlled substance and various traffic infractions.
Chelsea’s defeat by Shakhtar Donetsk was tempered by Juventus’s failure to beat Nordsjaelland, who picked up their first point in Group E.The Danish side’s 1-1 draw with Juve came courtesy of Mikkel Beckmann, whose first-half free-kick was his team’s first ever Champions League goal.Substitute Mirko Vucinic got the equaliser nine minutes from time.In the other tie in Manchester United’s Group H, Galatasaray could only manage a 1-1 draw at home with 10-man Cluj.The Romanian side took the lead when Galatasaray’s Dany Nounkeu scored an own goal but were reduced to 10 men on 28 minutes when Matias Aguirregaray was sent off for two bookings.Galatasaray could not take advantage as Felipe Melo’s penalty was saved by Mario Felgueiras and they only levelled with 13 minutes left via substitute Burak Yilmaz. The result means Cluj remain second in the group, five points behind Sir Alex Ferguson’s side.In Group F, Bate Borisov’s 100% record came to an end as Roberto Soldado’s second Champions League hat-trick earned Valencia a 3-0 victory in Belarus.Bayern Munich’s 1-0 win in Lille thanks to Thomas Mueller’s first-half penalty means the French side are the only team to remain pointless, with the other three teams all on six points.In Group G, Spartak Moscow moved to within a point of second-placed Celtic after the Russians beat Benfica 2-1.The first points of their campaign came courtesy of an own goal by Benfica’s Jardel and Rafael Carioca’s early strike, with Lima scoring for the Portuguese side.