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from The Spokesman-Review
AP PHOTOS: Christmas in America’s front yards
The Associated Press
________
New school to re-create the old for Newtown pupils
John Christoffersen Associated Press
John Christoffersen Associated Press
David Klepper Associated Press
Funerals become a sad routine in Newtown
David Klepper Associated Press
Obama: Ban assault weapons
President says it’s time for nation to enact legislation to help prevent violence like school shooting
Lesley Clark, David Lightman McClatchy-Tribune
Armored backpacks and a rush on guns after Conn.
Brady Mccombs, Brian Skoloff Associated Press
Gun laws show difficulty of stemming violent acts
Alicia A. Caldwell, Julie Pace Associated Press
House GOP plans vote on fiscal cliff ‘Plan B’
Andrew Taylor Associated Press
Medicare premiums could rise for many retirees
Ricardo Alonso-Zaldivar Associated Press
US Mint testing new metals to make coins cheaper
Joann Loviglio Associated Press
Fairchild buffers gain approval
Airway Heights land-use rules guide development to northeast
Mike Prager The Spokesman-Review
State unemployment drops
Jobless rate fell below 8 percent for first time in nearly four years
Rachel La Corte Associated Press
FTC strengthens kids’ online privacy rules
Jessica Guynn Los Angeles Times
Resignations trail Benghazi report
Security chief, three others step down
Matthew Lee Associated Press
US Army seeks death sentence in Afghan rampage
Gene Johnson Associated Press
Israel advances housing project
Jerusalem – Defying a wave of international condemnation, Israel on Wednesday gave final approval to a 2,610-unit housing project in a southern Jerusalem area that Palestinians claim should be part of their future state.
The project, called Givat Hamatos, is the first entirely new development approved in 15 years in the Jerusalem area on land Israel seized during the 1967 Middle East War. City officials said the project, which could begin construction in a year, is needed to ease the rising cost of housing.
Palestinians say the development will further divide Arab neighborhoods of East Jerusalem from the West Bank. Officials from the Palestinian Authority threatened to take their complaints about the project to the U.N. Security Council.
Most of the world views Israel’s settlement construction on land it seized during the 1967 war as a violation of international law. In recent weeks, Israel has frustrated many of its closest allies, including the U.S. and Europe, by advancing a string of projects.
Russia moves to ban adoptions to U.S.
Moscow – Russia’s parliament took a first step Wednesday toward banning the adoption of Russian children by American parents, a move intended as retaliation for an anti-corruption law recently passed by Congress.
The State Duma, the lower house of parliament, voted 399-17 in favor of a bill that included the ban and also would annul an adoption agreement between the two countries that Russia ratified in July. The measure still has to be approved by the upper house and signed by President Vladimir Putin, who has sent mixed signals about his support.
American parents have adopted more than 60,000 Russian children over the last two decades. Americans adopt 1,000 to 3,000 Russian children a year, said Boris Altshuler, who heads Right of the Child, a Moscow-based advocacy group. Russian families adopt about 7,000 children a year, far from enough to meet the country’s needs.
The ban is intended to punish the United States for the so-called Magnitsky law, passed by Congress this month and named for Sergei Magnitsky, a Russian lawyer and whistle-blower who died in pretrial custody in Moscow in 2009. The Magnitsky law imposed visa restrictions on a group of Russian officials connected to the lawyer’s prosecution and death.
Billions lost in LIBOR scam
WASHINGTON – A federal watchdog has found that government-controlled Fannie Mae and Freddie Mac may have lost more than $3 billion from big banks’ alleged rigging of a key interest rate.
The staff of the inspector general for the Federal Housing Finance Agency, which oversees the two mortgage giants, gave the estimate in an internal memo obtained by the Associated Press. It recommended that the FHFA consider suing banks over the LIBOR rate.
Switzerland’s largest bank, UBS, agreed Wednesday to pay $1.5 billion in fines, becoming the second bank fined for trying to manipulate LIBOR. The rate is used to price trillions of dollars in contracts including mortgages and credit cards.
LIBOR, or the London Interbank Offered Rate, is set daily using information that banks provide.
The memo says Fannie and Freddie sustained the losses on $1 trillion in mortgage securities and other investments linked to the key rate. The Wall Street Journal first reported on the memo Wednesday.
Taxpayers so far have paid about $170 billion to rescue Fannie and Freddie, which suffered huge losses from risky mortgages and were bailed out by the government in September 2008 at the onset of the financial crisis.
Study looks at elk predator
Census of Bitterroot mountain lions set
Perry Backus Ravalli Republic
Bulldogs thump Camels before holiday break
Jim Meehan The Spokesman-Review
Doctor K: Treatment for JRA not without risks
Anthony L. Komaroff Universal Uclick
Mistletoe’s love connection rooted in Norse myth
Pat Munts
Microclimates cause wide differences throughout region
Randy Mann
Storms improve outlook for Mississippi River
Jim Salter Associated Press
David Klepper Associated Press
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President says it’s time for nation to enact legislation to help prevent violence like school shooting
Lesley Clark, David Lightman McClatchy-Tribune
Voter backlash lingers for supporters of weapons ban
Jim Camden The Spokesman-Review
Jim Camden The Spokesman-Review
Two weapons in gunfight traced to Fast and Furious
Richard A. Serrano Tribune Washington bureau
Richard A. Serrano Tribune Washington bureau
Video game violence re-examined
Connecticut shooting revives topic with lawmakers, entertainment industry
Lou Kesten Associated Press
Platform now being used
Coaches, athletes finally speaking out about bigger issues
Jim Litke Associated Press
Connecticut shooting revives topic with lawmakers, entertainment industry
Lou Kesten Associated Press
Coaches, athletes finally speaking out about bigger issues
Jim Litke Associated Press
Brady Mccombs, Brian Skoloff Associated Press
Texas town allows teachers to carry concealed guns
Angela K. Brown Associated Press
Angela K. Brown Associated Press
Alicia A. Caldwell, Julie Pace Associated Press
________
House GOP plans vote on fiscal cliff ‘Plan B’
Andrew Taylor Associated Press
________
Medicare premiums could rise for many retirees
Ricardo Alonso-Zaldivar Associated Press
________
US Mint testing new metals to make coins cheaper
Joann Loviglio Associated Press
________
Fairchild buffers gain approval
Airway Heights land-use rules guide development to northeast
Mike Prager The Spokesman-Review
________
State unemployment drops
Jobless rate fell below 8 percent for first time in nearly four years
Rachel La Corte Associated Press
________
FTC strengthens kids’ online privacy rules
Jessica Guynn Los Angeles Times
________
Security chief, three others step down
Matthew Lee Associated Press
Lawmakers, State officials tangle over Libya raid
Donna Cassata Associated Press
Donna Cassata Associated Press
Kerry: Mistakes made at State in Libya assault
Donna Cassata Associated Press
Donna Cassata Associated Press
Lawmakers press for answers on 9/11 Libya assault
Donna Cassata Associated Press
Criticism of Hagel is unwarranted
Dana Milbank
Donna Cassata Associated Press
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opinion:
The following does not necessarily reflect the views of Cousin Sam.
Criticism of Hagel is unwarranted
Dana Milbank
________
Bork, ex-Supreme Court nominee, dies
Conservative pick of Reagan faced hostile hearings with views
David G. Savage McClatchy-Tribune
Final Capitol tribute to late Hawaii Sen. Inouye
Kevin Freking Associated Press
Bork, ex-Supreme Court nominee, dies
Conservative pick of Reagan faced hostile hearings with views
David G. Savage McClatchy-Tribune
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Final Capitol tribute to late Hawaii Sen. Inouye
Kevin Freking Associated Press
________
S. Korean woman wins presidency
Park’s father led nation in ’60s, ’70s
Barbara Demick Los Angeles Times
S. Korean woman wins presidency
Park’s father led nation in ’60s, ’70s
Barbara Demick Los Angeles Times
________
Death penalty sought for soldier
Bales’ attorney calls Army ‘irresponsible’
Gene Johnson Associated Press
Death penalty sought for soldier
Bales’ attorney calls Army ‘irresponsible’
Gene Johnson Associated Press
Gene Johnson Associated Press
________
In brief: From Wire Reports
Jerusalem – Defying a wave of international condemnation, Israel on Wednesday gave final approval to a 2,610-unit housing project in a southern Jerusalem area that Palestinians claim should be part of their future state.
The project, called Givat Hamatos, is the first entirely new development approved in 15 years in the Jerusalem area on land Israel seized during the 1967 Middle East War. City officials said the project, which could begin construction in a year, is needed to ease the rising cost of housing.
Palestinians say the development will further divide Arab neighborhoods of East Jerusalem from the West Bank. Officials from the Palestinian Authority threatened to take their complaints about the project to the U.N. Security Council.
Most of the world views Israel’s settlement construction on land it seized during the 1967 war as a violation of international law. In recent weeks, Israel has frustrated many of its closest allies, including the U.S. and Europe, by advancing a string of projects.
Russia moves to ban adoptions to U.S.
Moscow – Russia’s parliament took a first step Wednesday toward banning the adoption of Russian children by American parents, a move intended as retaliation for an anti-corruption law recently passed by Congress.
The State Duma, the lower house of parliament, voted 399-17 in favor of a bill that included the ban and also would annul an adoption agreement between the two countries that Russia ratified in July. The measure still has to be approved by the upper house and signed by President Vladimir Putin, who has sent mixed signals about his support.
American parents have adopted more than 60,000 Russian children over the last two decades. Americans adopt 1,000 to 3,000 Russian children a year, said Boris Altshuler, who heads Right of the Child, a Moscow-based advocacy group. Russian families adopt about 7,000 children a year, far from enough to meet the country’s needs.
The ban is intended to punish the United States for the so-called Magnitsky law, passed by Congress this month and named for Sergei Magnitsky, a Russian lawyer and whistle-blower who died in pretrial custody in Moscow in 2009. The Magnitsky law imposed visa restrictions on a group of Russian officials connected to the lawyer’s prosecution and death.
Billions lost in LIBOR scam
WASHINGTON – A federal watchdog has found that government-controlled Fannie Mae and Freddie Mac may have lost more than $3 billion from big banks’ alleged rigging of a key interest rate.
The staff of the inspector general for the Federal Housing Finance Agency, which oversees the two mortgage giants, gave the estimate in an internal memo obtained by the Associated Press. It recommended that the FHFA consider suing banks over the LIBOR rate.
Switzerland’s largest bank, UBS, agreed Wednesday to pay $1.5 billion in fines, becoming the second bank fined for trying to manipulate LIBOR. The rate is used to price trillions of dollars in contracts including mortgages and credit cards.
LIBOR, or the London Interbank Offered Rate, is set daily using information that banks provide.
The memo says Fannie and Freddie sustained the losses on $1 trillion in mortgage securities and other investments linked to the key rate. The Wall Street Journal first reported on the memo Wednesday.
Taxpayers so far have paid about $170 billion to rescue Fannie and Freddie, which suffered huge losses from risky mortgages and were bailed out by the government in September 2008 at the onset of the financial crisis.
________
Study looks at elk predator
Census of Bitterroot mountain lions set
Perry Backus Ravalli Republic
________
sports:
Jim Meehan The Spokesman-Review
________
Doctor K: Treatment for JRA not without risks
Anthony L. Komaroff Universal Uclick
________
Mistletoe’s love connection rooted in Norse myth
Pat Munts
________
Microclimates cause wide differences throughout region
Randy Mann
________
Storms improve outlook for Mississippi River
Jim Salter Associated Press
________
________
from The Wenatchee World
 |
| This 1910 photo shows the building that housed Chelan’s first bakery, operated by Frank Funk, pictured with Mrs. Funk (center) and a Mrs. Henderson. The Funks entered the bakery business when they came to Chelan in 1907. The building housed sleeping quarters for the family upstairs, the bakery equipment in back and space in front for short orders, bakery goods, homemade ice cream and a confectionery counter. The Funks moved across the street around 1915 and the building was then converted into a shoe shop and later a fix-it shop. It was torn down in 1947. |
K.C. Mehaffey World staff writer
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Common Ground: Christmas display a labor of love for Ballards
Rufus Woods Publisher
________
Pakistani polio workers get police protection
Associated Press
________
When it comes to dams, China won’t be stopped
Denis D. Gray, Elaine Kurtenbach The Associated Press
________
Scientists unwrapping genomes that make up Christmas trees
Learning more about conifers could help forests, climate
The Associated Press
________
Supreme Court rulings limit options of gun-control task force
Michael Doyle McClatchy Newspapers
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