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Colorado Springs Gazette Newspaper Archives Aug 22 2015, Page 1

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Colorado Springs Gazette (Newspaper) - August 22, 2015, Colorado Springs, Colorado We 2014 pulitzer prize Sih in. It of i it him so k his i leks Sinor 11172 Comino sunday National pop option a Mukk Smil it i it. A Cost 21 i $1.50neglectdouglas bruces financial dealings while on probation Are plummet to 4-year Low turmoil spreads currencies around the world Are plunging Over fears that developing economies Are on the verge of a crippling fall. B8market data see How major . Indexes and commodities fared in trading Friday As concern grows for investors. B8 in Friday trading Dow enters correction Oil sinks below $40 amid global fears news w vices stocks fell sharply for the second straight Clay Friday driving the Market to its biggest drop in nearly four years major indexes worldwide also tumbled As continued worries about the slowdown of chivas Economy and the devaluation of its currency weighed on traders a tie rout started Iii Asia and quickly spread to Europe battering major markets in Germany and France in the ., the Selling started Early and never let up investors ditched beaten Down Oil companies As Well As Netflix. Apple and other technology Darlings. Oil plunged window $40 for the first time since the financial crisis and government Bonds rallied As investors ram into hiding spots. A investors Are wondering if growth in t coming from the . Or China where is it going to come from Quot said Tim Courtney chief investment officer of wealth advisors. Quot this is about by the time it was Over the stall lard and hairs 5oo Index had lost 5.8 percent for the week its worst weekly slump since 2011. That leaves the main Benchmark for us investments 7.7 percent below its All time we markets a Pade 7in two weeks this will look familiar Christian Murdock the Gazette Hie Early morning Sun creates a Silhouette of a hot air balloon Friday its it floats Over South Park near Hartsel. The local morning sky will be filled with hot air balloons sept. 4-7 when the Colorado Springs labor Day lift off balloon festival comes to the City a memorial Park. This and other Gazette photos can he ordered at . No benefits lost after new policy on welfare starts a a Jakob Rommes Al paso county Hasni to withheld a single Check under a new policy mandating treatment for welfare recipients suspected of abusing drugs or alcohol county officials said Friday. Nearly seven months into the initiative 6 people have been referred to a certified addiction specialist while seeking or receiving Money from the temporary assistance for needy families program also known As Colorado works said Yesenia Forres the programs manager. That referral marked the beginning step for people at risk of being denied entry into the program or of losing their Long running benefits. Still no one lost welfare benefits after the referral under the new policy a a sign that either those people did no to have abuse issues were in treatment or have since begun newly Mandat in wham a e county executive fired then placed on leave his attorney a personnel violations Are reason Tutt o e weather by a a Ryan Maye Nandy com Imad Karaki Al paso county a longtime executive director of support services was fired this month an attorney for Karaki confirmed Friday. Karaki appealed the aug. 6 termination and was placed on paid administrative leave pending the outcome of a personnel review and hearing in september. Karakis firing was based on a personnel violations and stemmed from a july 23 meeting and a july 30 phone Call both with the new county administrator Henry Yankowski said William Louis an attorney for Karaki. Louis did not go into details about the allegations against Karaki hut said that the county a reasons for firing Karaki were a very Quot our general statement of the Case is that the grounds of termination Are very weak a Louis said Friday a we think it is a politically motivated arbitrary and capricious firing. We think its an abuse of Laniis a former fun paso county attorney also said he believes discrimination against Karaki because of his National origin a he was born in Lebanon a is a Factor in the Case. Karaki 52, came to the United states when he was a teenager Irnis said. Karaki referred All questions to Louis. As head of support services local cyclist rides like a pro Amanda Miller earns a spot on the podium in stage i of the women s Usa pro Challenge in Breckenridge. Cd nation no Tim to mourn the three men killed fighting wildfires Are typical in their youth and passion. As Deal of the Day to Toast Bont Only Sio for $20 Worth of Steak and Baar or any other menu items during weekend lunch at the South Academy location. Buy opine at 8 . Noon 61 4 . 87 78 Span. 77 me Kkt a isome Complete forecast a2 daily Roundup to nation a world by local a state b7 obituaries is business cd sports pm comics a eel v877-216-4880 county a e

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