60-40 investors ‘punched in the gut’ so far in 2022, but strategist sees hope

Associated Press

Biden scrambles to avoid Americas Summit flop in Los Angeles

When leaders gather this week in Los Angeles at the Summit of the Americas, the focus is likely to veer from common policy changes — migration, climate change and galloping inflation — and instead shift to something Hollywood thrives on: the drama of the red carpet. With Mexican President Andrés Manuel López Obrador topping a list of leaders threatening to stay home to protest the U.S.’ exclusion of authoritarian leaders from Cuba, Nicaragua and Venezuela, experts say the event could turn into a embarrassment for U.S. President Joe Biden.