10-19-2019  5:22 am   •   PDX Weather    •   SEA weather  
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NORTHWEST NEWS

Washington State to Vote on Affirmative Action Referendum

More than two decades after voters banned affirmative action, the question of whether one's minority status should be considered in state employment, contracting, colleges admissions is back on the ballot

Merkley Introduces Legislation that Protects Access to Health Care for Those Who Cannot Afford Bail

Under current law, individuals in custody who have not been convicted of a crime are denied Medicare, Medicaid, and veterans’ benefits

New County Hire Aims to Build Trust, Transparency Between Community and Public Safety Officials

Leneice Rice will serve as a liaison focused on documenting and reporting feedback from a community whose faith in law enforcement has been tested

Hank Willis Thomas Exhibit Opens at Portland Art Museum

One of the most important conceptual artists of our time, his works examine the representation of race and the politics of visual culture

NEWS BRIEFS

GFO Offers African Americans Help in Solving Family Mysteries

The Genealogical Forum of Oregon is holding an African American Special Interest Group Saturday, Oct. 19 ...

Third Annual NAMC-WA Gala Features Leader on Minority Business Development

The topic of the Washington Chapter of the National Association of Minority Contractors' event was 'Community and Collaboration' ...

Building Bridges Event Aims to Strengthen Trust Between Communities

The 4th Annual Building Bridges of Understanding in Our Communities: Confronting Hate will be held in Tigard on...

The Black Man Project Kicks Off National Tour in Seattle

The first in a series of interactive conversations focused on Black men and vulnerability takes place in Seattle on October 25 ...

Protesters Rally in Ashland to Demand 'Impeach Trump Now'

Activists are rallying in Ashland Sunday Oct, 13 to demand impeachment proceedings ...

Oregon panel recommends barring ICE from courthouse arrests

SALEM, Ore. (AP) — Seeking to halt federal agents from arresting people in courthouses for immigration violations, a panel of judges in Oregon has asked the state's Supreme Court chief justice to impose a rule stating that no one should be subjected to arrest without a warrant.Several judges...

Washington state to vote on affirmative action referendum

OLYMPIA, Wash. (AP) — More than two decades after Washington state voters banned affirmative action, the question of whether one's minority status should be considered as a contributing factor in state employment, contracting and admission to public colleges and universities is back on the...

No. 22 Missouri heads to Vandy, 1st road trip since opener

NASHVILLE, Tenn. (AP) — Missouri coach Barry Odom knows only too well the dangers of going on the road and how a few mistakes can prove very costly.While some of his players my not remember that stunning loss at Wyoming to open this season, Odom hasn't forgotten."We're going to treat it just...

No. 22 Missouri ready to test road skills at Vanderbilt

No. 22 Missouri (5-1, 2-0 SEC) at Vanderbilt (1-5, 0-3), Saturday at 4 p.m. EDT (SEC Network).Line: Missouri by 20 1/2.Series record: Missouri 7-3-1.WHAT'S AT STAKE?Missouri can show they play as well on the road as at home coming off a five-game home stand. A win keeps them atop the SEC East....

OPINION

Atatiana Jefferson, Killed by Police Officer in Her Own Home

Atatiana Jefferson, a biology graduate who worked in the pharmaceutical industry and was contemplating becoming a doctor, lived a life of purpose that mattered ...

“Hell No!” That Is My Message to Those Who Would Divide Us 

Upon release from the South African jail, Nelson Mandela told UAW Local 600 members “It is you who have made the United States of America a superpower, a leader of the world" ...

Rep. Janelle Bynum Issues Response to the Latest Statement from Clackamas Town Center

State legislator questions official response after daughter questioned for ‘loitering’ in parking lot ...

Why Would HUD Gut Its Own Disparate Impact Rule?

"You can’t expand housing rights by limiting civil protections. The ’D’ in HUD doesn’t stand for ‘Discrimination’" ...

AFRICAN AMERICANS IN THE NEWS

Sharpton searches for the words to eulogize _ and galvanize

A life taken at the hands of police. A grieving family. A divided nation. A stirring eulogy by the Rev. Al Sharpton.The 65-year-old civil rights activist has become a constant of the Black Lives Matter era with his presence in the pulpit after police shootings of African Americans, showing up in...

Buttigieg removes attorney from fundraiser after backlash

WASHINGTON (AP) — Pete Buttigieg is returning campaign contributions from a former Chicago city attorney who led a vigorous effort to block the release of a video depicting the shooting of Laquan McDonald , a black teenager whose death at the hands of police stirred months of protest and...

Wisconsin students walk out to protest racial slur firing

MADISON, Wis. (AP) — Students at a Wisconsin high school skipped class Friday and marched through the streets of the state capital to protest the firing of a black security guard who was terminated for repeating a racial slur while telling a student not to call him that word.Scores of...

ENTERTAINMENT

Adam Lambert: Happy to see more LGBTQ artists find success

NEW YORK (AP) — Adam Lambert, who rose on the music scene as the runner-up on "America Idol" in 2009, says he's happy to see more mainstream LGBTQ artists find major success."I think it's less taboo to be queer in the music industry now because there's so many cases you can point to like,...

Jane Fonda returns to civil disobedience for climate change

WASHINGTON (AP) — Inspired by the climate activism of a Swedish teenager, Jane Fonda says she's returning to civil disobedience nearly a half-century after she was last arrested at a protest.Fonda, known for her opposition to the Vietnam War, was one of 17 climate protesters was arrested...

Naomi Wolf and publisher part ways amid delay of new book

NEW YORK (AP) — Naomi Wolf and her U.S. publisher have split up amid a dispute over her latest book, "Outrages."Wolf and Houghton Mifflin Harcourt announced separately Friday that they had "mutually and amicably agreed to part company" and that Houghton would not be releasing "Outrages."...

U.S. & WORLD NEWS

LeMahieu, Hicks lift Yanks over Astros, close to 3-2 in ALCS

NEW YORK (AP) — James Paxton was filled with nerves, and so were New York Yankees fans, worried the season...

Asylum-seeking Mexicans are more prominent at US border

CIUDAD JUAREZ, Mexico (AP) — Lizbeth Garcia tended to her 3-year-old son outside a tent pitched on a...

Trump outstripping Obama on pace of executive orders

WASHINGTON (AP) — It wasn't too long ago that Donald Trump derided presidential executive orders as "power...

Millions march in Iraq in annual Arbaeen Shiite pilgrimage

KARBALA, Iraq (AP) — Millions of pilgrims made their way on foot to the Iraqi city of Karbala on Saturday...

Officials: Blast at Afghan mosque kills 62 during prayers

KABUL, Afghanistan (AP) — An explosion rocked a mosque in eastern Afghanistan as dozens of people gathered...

Failed raid against El Chapo's son leaves 8 dead in Mexico

CULIACAN, Mexico (AP) — Mexican security forces aborted an attempt to capture a son of imprisoned drug lord...

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.

 

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