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Cleveland, OH

Ohio treasurer announces $30M purchase of Israel bond

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Ohio treasurer announces $30M purchase of Israel bond


COLUMBUS, Ohio — Ohio’s Treasurer Robert Sprague announced in a press release the purchase of a two-year, fixed-rate Israel Bond for $30 million.


What You Need To Know

  • Ohio’s Treasurer Robert Sprague announced in a press release the purchase of a two-year, fixed-rate Israel Bond for $30 million
  • The bond matures in two years, on May 1, 2026, at a 5.37% interest rate
  • This announcement comes as protests erupt on college campuses around the country, including in Ohio, focused on the war in Gaza between Israel and Hamas
  • Ohio now has $262.5 million in Israel Bonds, “one of the largest government holders of these bonds in the United States”

The bond matures in two years, on May 1, 2026, at a 5.37% interest rate. The release notes that this replaces previous bonds for the same amount that had matured.

“For thirty-plus years, the Treasurer’s office has turned to Israel Bonds as a way to bring strong returns and balance to its investment portfolio,” Sprague said in the release. “With its long track record of providing competitive rates and timely and reliable repayments, Israel Bonds continues to be a sound investment for Ohio. We’re proud to continue the state’s long-standing history of purchasing these bonds.”

This announcement comes as pro-Palestinian protests erupt on college campuses around the country, including in Ohio.

The release goes on to note that Israel Bonds began in 1951 and, since then, have kept a “perfect record of interest and principal payments.”

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It also states that all Ohio treasurers since 1993 have invested in these bonds along with “more than 115 other state and municipal public employee pension and treasury funds.”

“After the purchase, the Ohio Treasury now holds a total of $262.5 million in Israel Bonds, continuing Ohio’s standing as one of the largest government holders of these bonds in the United States,” the release concludes. “This purchase brings Ohio’s total purchases to $357.5 million since Treasurer Sprague took office.”



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Cleveland, OH

Police Memorial Week parade in Cleveland to celebrate fallen officers

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Police Memorial Week parade in Cleveland to celebrate fallen officers


CLEVELAND, Ohio (WOIO) – The Police Memorial Week parade will kick off Friday morning, honoring all fallen officers, including the recent loss of Euclid officer Jacob Derbin.

The parade starts at 10:30 a.m. and will march down Lakeside Avenue and East 12th Street.

A memorial service at the Greater Cleveland Peace Officer Memorial will take place following the parade, officials say.

Saturday, the Cleveland International Tattoo at Cleveland Public Hall will have bagpipe bands paying tribute to the fallen officers.

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Cleveland, OH

Lil Wayne Makes Shockingly Bold Statement About Minnesota Timberwolves

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Lil Wayne Makes Shockingly Bold Statement About Minnesota Timberwolves


On Thursday evening, the Minnesota Timberwolves hosted the Denver Nuggets at the Target Center for Game 6 of their second-round playoff series.

With their season on the line, the Timberwolves showed up and won by a score of 115-70.

Game 7 will now be on Sunday in Denver.

After the big win, Lil Wayne (via FS1’s Undisputed) made a bold statement about the Timberwolves.

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Wayne: “I saw a T-Wolves team that can win the championship.”

Paul Pierce then asked: “So you got them winning Game 7 in Denver?”

Wayne: “I got Minnesota winning Game 7.”

The Timberwolves were led by All-Star guard Anthony Edwards, who finished with 27 points, four rebounds, four assists and three steals while shooting 8/17 from the field and 4/9 from the three-point range in 34 minutes of playing time.

They also shot 46.5% from the field and 37.5% from the three-point range (as a team).

Meanwhile, the Nuggets shot just 30.2% from the field.

May 16, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Anthony Edwards (5) laughs

May 16, 2024; Minneapolis, Minnesota, USA; Minnesota Timberwolves guard Anthony Edwards (5) laughs / Brad Rempel-USA TODAY Sports

Whoever wins the series will advance to the Western Conference Finals and face off against either the Oklahoma City Thunder or the Dallas Mavericks. 

The Mavs lead the Thunder 3-2 with Game 6 on Saturday evening in Dallas, Texas.

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The Nuggets are coming off a season where they won the NBA Championship over Jimmy Butler and the Miami Heat (they also beat the Timberwolves in the first round).

However, the Timberwolves are a much better team this year, because Edwards has blossomed into arguably one of the ten best players in the league.





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Cleveland, OH

Donovan Mitchell Contract Must Be Cavs' Priority Amid Garland, NBA Trade Rumors

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Donovan Mitchell Contract Must Be Cavs' Priority Amid Garland, NBA Trade Rumors


David Liam Kyle/NBAE via Getty Images

The Cleveland Cavaliers saw their season come to a disappointing end Wednesday in the Eastern Conference Semifinals at the hands of the buzzsaw-like Boston Celtics, losing the series 3-1.

Despite questions about star guard Donovan Mitchell’s future with the organization in the wake of the loss, The Athletic’s Shams Charania, Joe Vardon, and Jason Lloyd reported, “there is a growing sentiment around the league that the Cavaliers will be able to position themselves to receive his commitment for a lucrative contract extension that would keep him in Cleveland past his 30th birthday.”

They continued, “Teammates have described Mitchell this season as singularly focused on winning and wanting Cleveland to aim much higher than a first-round series victory for its measure of success.”

Therein lies where the Cavaliers must focus their attention if they want to keep Mitchell long-term and happy.

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Chris Fedor of Cleveland.com reported that Donovan “grew frustrated with some teammates’ lack of maturity, focus, playoff-level readiness and a willingness to listen.”

Any player hyper-focused on winning a championship will naturally become frustrated with those around them that they do not believe to be as equally committed to greatness.

Add to that the Athletic report, which details mounting frustration with. and second-guessing of, head coach B.J. Bickerstaff, and there is plenty for Cleveland to address before they get Mitchell to put pen to paper.

Another potential issue is the roster, which may very well not look like it did this past season.

The same report from Charania, Vardon, and Lloyd stated that Darius Garland and his representation may request a trade with the Cavs front office amid diminishing stats due to Mitchell’s role as facilitator of the offense, as well as the idea that “rival executives believe the Cavs will have to seriously evaluate the fit of Mitchell and Garland and ultimately may have to choose one or the other.”

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If the growing sentiment is that the team believes it can retain Mitchell on a long-term deal, it sounds as though the Cavs have already made their choice.

Mitchell averaged 26.6 points per game, shot 46.2 from the paint, and 36.8 from beyond the arc this season. He added 5.1 rebounds, 6.1 assists, and 1.8 seals in 35.3 minutes.

He added 29.6 points in the postseason and was hardly the reason Cleveland experienced the disappointing conclusion to its season.

He is a star in a league full of them and easily the team’s best player. It would be inherently worse without him. Inking him to a deal is a must, as is getting rid of anyone who does not share his vision.

A long-term, max deal suggests that the organization views him as one of the league’s franchise players. Surrounding him with like-minded players, all determined to win the championship that has eluded them, is the right move.

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Even if it means replacing the head coach and trading a player like Garland who may not mesh as well with Mitchell as team officials may have originally hoped.





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