07-14-2020  9:56 am   •   PDX and SEA Weather
  • 1
  • 2
  • 3
  • 4

NORTHWEST NEWS

Seattle Mayor, City Council at Odds Over 50% Police Cut

Seattle Mayor Jenny Durkan says the City Council has failed to speak with the police chief or conduct sufficient research

OSU, UO Among 20 Universities Filing Federal Lawsuit in Oregon Over International Student Order

The lawsuit, filed today, seeks to protect the educational status of nearly 3,500 students attending OSU

Governor Kate Brown Announces New Requirements for Face Coverings, Limits on Social Get-Togethers

Effective Wednesday, July 15, face coverings to be required outdoors, social get-togethers indoors over 10 prohibited

Oregon Reports 332 New Coronavirus Cases, 2 Deaths

Multnomah County Chair Deborah Kafoury, confirmed that Multnomah County is not ready to apply for Phase 2 of reopening

NEWS BRIEFS

NNPA Livestreams With Congresswomen Alexandria Ocasio Cortez and Val Demings

The audience has an opportunity to be an interactive part of the interview ...

Black Women Often Ignored By Social Justice Movements

‘Intersectional invisibility’ may lead to Black women’s exclusion, study finds ...

Deadline is July 15 to Pay Portland's $35 Arts Tax

The tax, approved by voters in 2012, supports arts education and grants ...

Oregon National Guard Completes Wildland Firefighter Training

The training was conducted using funds that were allocated to the Department of Defense by Congress to enable the National Guard to...

OSU Science Pub Focuses on Influence of Black Lives Matter

The influence of the Black Lives Matter movement will be the focus of a virtual Oregon State University Science Pub on July 13 ...

Wedge wolf pack attacks 7 cattle in northeast Washington

SALEM, Ore. (AP) — The Wedge wolf pack in northeast Washington has attacked seven more cattle, bringing the number of depredations by the pack to nearly a dozen since May 11.The Washington Department of Fish and Wildlife investigated and confirmed the depredations on Saturday at a private...

Seattle mayor, City Council at odds over 50% police cut

SEATTLE (AP) — Seattle Mayor Jenny Durkan on Monday blasted the City Council's plan to cut the police department's budget by 50% and instead proposed transferring a list of functions like the 911 call center and parking enforcement out of the agency's budget.“We need to invest in...

Iowa defensive back Jack Koerner hurt in jet ski accident

IOWA CITY, Iowa (AP) — Iowa defensive back Jack Koerner sustained serious injuries when he and a passenger on a jet ski collided with a boat on the Lake of the Ozarks in Missouri.According to a police report, Koerner and Cole Coffin were hurt at about 6:30 p.m. Friday when their watercraft...

Missouri football program pushes again for racial justice

COLUMBIA, Mo. (AP) — Ryan Walters had just arrived at the University of Missouri to coach safeties for the football program when a series of protests related to racial injustice led to the resignations of the system president and the chancellor of its flagship campus.The student-led movement...

OPINION

COMMENTARY: Real Table Talk

Chaplain Debbie Walker provides helpful insight for self-preservation, and care tips for your family, your neighbors, and your community circles ...

Commissioner Hardesty Responds To Federal Troop Actions Towards Protesters

This protester is still fighting for their life and I want to be clear: this should never have happened. ...

Recent Protests Show Need For More Government Collective Bargaining Transparency

Since taxpayers are ultimately responsible for funding government union contract agreements, they should be allowed to monitor the negotiation process ...

The Language of Vote Suppression

A specific kind of narrative framing is used to justify voter suppression methods and to cover up the racism that motivates their use. ...

AFRICAN AMERICANS IN THE NEWS

Philadelphia protesters sue city over tear gas, use of force

PHILADELPHIA (AP) — Three class-action lawsuits filed in Philadelphia on Tuesday accuse the city of using military-level force that injured protesters and bystanders alike during peaceful protests against racial inequality and police brutality. One lawsuit accuses Philadelphia police of...

Video shows man vandalizing NYC 'Black Lives Matter' mural

NEW YORK (AP) — Surveillance photos and video of a man who was seen splashing red paint on the “Black Lives Matter” street mural in front of Trump Tower was released Tuesday by New York City police.The video shows a man in black shorts and a dark blue T-shirt pouring red paint...

Michael B. Jordan wants you to view a drive-in movie, on him

NEW YORK (AP) — For Michael B. Jordan, timing is everything. So when the SAG award winner marched in a Los Angeles Black Lives Matter protest last month demanding that Hollywood drastically increase its diversity in the executive ranks, it was a moment he felt prepared for.’I think...

ENTERTAINMENT

Sheriff: 'Glee’ star Naya Rivera saved son before drowning

LOS ANGELES (AP) — “Glee” star Naya Rivera ’s 4-year-old son told investigators that his mother, whose body was found in a Southern California lake Monday, boosted him back on to the deck of their rented boat before he looked back and saw her disappearing under the...

Tom Bergeron, Erin Andrews exit 'Dancing With the Stars'

NEW YORK (AP) — The dance has ended for “Dancing With the Stars” hosts Tom Bergeron and Erin Andrews.ABC said in a statement that the show is looking to “embark on a new creative direction” and host Bergeron “departs the show with our sincerest thanks and...

Back to the '80s: Andrew McCarthy writing 'Brat Pack' book

NEW YORK (AP) — Actor-writer-director Andrew McCarthy, a 57-year-old father of three, keeps getting asked about his “Brat Pack” years in the 1980s. He is now ready to answer. Grand Central Publishing announced Tuesday that McCarthy's “Brat: An '80s Story” will...

U.S. & WORLD NEWS

Tom Bergeron, Erin Andrews exit 'Dancing With the Stars'

NEW YORK (AP) — The dance has ended for “Dancing With the Stars” hosts Tom Bergeron and Erin...

Biden proposes overhauling nation's energy sector by 2035

WILMINGTON, Del. (AP) — Joe Biden released a plan Tuesday aimed at combating climate change and spurring...

White House campaign to help jobless 'find something new'

WASHINGTON (AP) — A new White House-backed ad campaign aims to encourage people who are unemployed or...

Catalan leader demands investigation into Spain spying claim

MADRID (AP) — The speaker of the Catalan regional parliament demanded Tuesday that the Spanish government...

Armenia-Azerbaijan border fighting escalates, 16 killed

YEREVAN, Armenia (AP) — Armenia and Azerbaijan forces fought Tuesday with heavy artillery and drones,...

Russia seeks prison terms for 3 youth group members

MOSCOW (AP) — Russian authorities on Tuesday demanded prison terms for three members of a youth group...

McMenamins
Mark Thompson CNN Money

LONDON (CNNMoney) -- Banks in Cyprus opened their doors Thursday for the first time in nearly two weeks with strict controls on the amount of cash people can withdraw as authorities tried to prevent money draining out of the economy following a bailout by the European Union.

Cyprus became the first eurozone country since the currency was launched on Jan. 1, 1999, to place restrictions on how much money individuals and companies can take across its borders after confidence in its outsized financial system was shaken by the bailout terms.

Queues formed outside bank branches in the capital Nicosia amid tight security but there was no evidence of panic. The controls were announced Wednesday in a bid to prevent a run on the banks, which had been shut since March 16.

Cypriots queued at cash machines during the extended bank closure as it became clear that deposits would be raided as part of the bailout by the EU and International Monetary Fund.

The tiny island nation was brought to the brink of financial collapse and possible exit from the eurozone by the losses its two biggest banks -- Bank of Cyprus and Popular Bank -- sustained on Greek government debt, which wiped out a third of their combined capital.

It turned to its eurozone partners for help and after months of negotiations signed up Monday for a 10 billion euro rescue, equivalent to nearly 60% of gross domestic product.

In return, Cyprus committed to raise billions from big depositors to fund the winding down of Popular Bank and to recapitalize Bank of Cyprus. The EU wants Cyprus to shrink its bloated banking industry to average size by 2018, meaning shedding about half its assets.

Deposits above 100,000 euros have been frozen at both banks. They could be wiped out entirely at Popular. At Bank of Cyprus, about 40% will be converted into equity.

All deposits of less than 100,000 euros are guaranteed. And the bailout does not affect smaller banks in Cyprus, which account for about 60% of the country's total deposits of 68 billion euros.

Many of those deposits belong to foreign investors, in particular Russians, and Cypriot authorities fear an uncontrolled flight of capital that would cause the economy to implode.

Credit and debit card use abroad has been limited to 5,000 euros per month, and people leaving Cyprus can only take 3,000 euros in cash each trip.

Bans on the early withdrawal of funds on term deposits and transfers of more than 5,000 euros abroad, unless approved for trade purposes, have been introduced. Checks can be paid into accounts but not cashed, and a daily withdrawal limit of 300 euros has been set.

--CNN's Ivan Watson contributed to this report from Nicosia.

 

Port of Seattle Police We Want to Hear
image of Coronavirus Disease 2019 (COVID-19)
https://www.oregonclinic.com/
Calendar

Photo Gallery

Photos and slide shows of local events

Kevin Saddler