A11
B USINESS
THE BULLETIN • THURSDAY, JUNE 17, 2021
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Chuckanut Brewery,
the Northwest brewer of
German-style and other
lagers, has submitted a
liquor license application
to open a beer hall in
southeast Portland.
The Bellingham-based
brewery opened in 2008,
and Chuckanut won
four medals at the Great
American Beer Festival in
2009, the brewery’s first
year at the competition.
It plans to open the Port-
land location in about
four months, according
to a source in Portland fa-
miliar with the plans.
Portland would be the
third location for Chuck-
anut, which is distributed
by Day One Distribution
of Portland. In addition to
its Bellingham brewery
and kitchen, the brewery
also has a brewpub in
Burlington, Washington.
Chuckanut would ship
kegs to Portland from
Bellingham, which re-
quires an Oregon brew-
ery license.
Chuckanut brews
German-style beers and
has had a number of
brewers who have gone
on to acclaim elsewhere,
including Josh Pfriem at
Hood River’s pFriem Fam-
ily Brewers, and Kevin
Davey, the brewmaster at
southeast Portland’s Way-
finder Beer.
CRUDE OIL
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COVID-19 | Eviction moratorium ending
BRIEFING
Washington
brewer to open
Portland pub
p
30-YR T-BOND
2.21% +.01
Millions fear eviction amid housing crisis
BY KEN SWEET AND
MICHAEL CASEY
Associated Press
More than 4 million people
say they fear being evicted or
foreclosed upon in the coming
months just as two studies re-
leased Wednesday found that
the nation’s housing availability
and affordability crisis is ex-
pected to worsen significantly
following the pandemic.
The studies come as a federal
eviction moratorium is set to
expire at the end of the month.
The moratorium has kept many
tenants housed who owe back
rent . Making matters worse, the
tens of billions of dollars in fed-
eral emergency rental assistance
that was supposed to solve the
problem has not reached most
tenants. Oregon’s eviction mor-
atorium is also set to expire
IN OREGON
Pulse Survey came out.
June 30.
It showed that nearly
The housing crisis,
• Find re-
4.2 million people na-
the studies found, risks
sources for
tionwide report that it
widening the gap be-
help with
rent, A13
was likely or somewhat
tween Black, Latino and
likely that they will be
white households, as
well as putting homeownership evicted or foreclosed upon in
the next two months.
out of the reach of lower class
Many of those tenants are
Americans.
waiting to see what becomes of
The reports were released
the Centers for Disease Control
on the same day as Census
and Prevention measure, which
Bureau’s biweekly Household
is set expire June 30. Housing
advocates are pressuring Presi-
dent Joe Biden’s administration
to extend it. They argue ex-
tending it would give states the
time to distribute more than
$45 billion in rental assistance
and protect vulnerable com-
munities from COVID-19. The
rental assistance has been slow
to reach tenants.
See Housing / A13
CRATER LAKE NATIONAL PARK
Flood of summer
visitors
awaits
Security flaw found
in 2G encryption
Cybersecurity research-
ers in Europe say they
have discovered a flaw in
an encryption algorithm
used by cellphones that
may have allowed attack-
ers to eavesdrop on some
data traffic for more than
two decades.
In a paper published
Wednesday, researchers
from Germany, France
and Norway said the flaw
affects the GPRS — or 2G
— mobile data standard.
While most phones
now use 4G or even 5G
standards, GPRS remains
a fallback for data con-
nections in some coun-
tries. Some providers
allow Android 4G smart-
phones to use 2G service
to improve connections.
The vulnerability in
the GEA-1 algorithm is
unlikely to have been an
accident, the researchers
said. Instead, it was prob-
ably created intentionally
to provide law enforce-
ment agencies with a
“backdoor” and comply
with laws restricting the
export of strong encryp-
tion tools.
Cellphone manufac-
turers and standards or-
ganizations have been
notified to fix the flaw,
they said.
Photo by 123Rf
BY LEE JUILLERAT • (Klamath Falls) Herald and News
C
rater Lake National Park
visitors were recorded in July,
programs, such as Junior Ranger
officials are bracing for
August and December. Numbers
activities, campfire programs and
possibly record-breaking
that high could once again spell
ranger guided walks, are scheduled.
visitation this summer as COVID-19
problems for visitors and result in
restrictions ease and Americans
delays in entering the park and,
once again head out on vacation.
once in, finding parking near Rim
“All indications are this summer’s
Village.
visitation is going to be very, very
Definitely canceled, however, are
popular lake boat and trolley tours.
The Steel Visitor Center at park
headquarters will be closed for a two-
In addition, several park facilities
year renovation project, with visitor
high,” said Superintendent Craig
— including visitor centers in
services moved to a temporary
Ackerman.
Munson Valley and Rim Village
facility in Mazama Village near the
— will remain closed this season.
park’s south entrance.
Last year, despite the COVID-19
pandemic, record numbers of
At present, only limited ranger
See Crater Lake / A13
Home construction
up 3.6% in May
U.S. home construc-
tion rose 3.6% in May as
builders battled a surge in
lumber prices that have
made homes more ex-
pensive
The May increase left
construction at a season-
ally adjusted annual rate
of 1.57 million units, the
Commerce Department
reported Wednesday.
Many economists be-
lieve that the surge in
homebuilding and sales
over the past year may
begin to slow, especially
for single-family homes.
Builders are getting
one break. Lumber prices,
which surged to record
levels this year, have
started to come down,
suggesting that a specu-
lative bubble that had de-
veloped in lumber prices
is beginning to deflate.
— Bulletin wire reports
Fed: Faster time frame for Northwest hops industry
rate hikes as inflation rises continues to add acres
BY CHRISTOPHER RUGABER
Associated Press
WASHINGTON — The
Federal Reserve signaled
Wednesday that it may act
sooner than previously
planned to start dialing back
the low-interest-rate policies
that have helped fuel a swift
rebound from the pandemic
recession but have also coin-
cided with rising inflation.
The Fed’s policymakers
forecast that they would raise
their benchmark short-term
rate — which affects many
consumer and business rates,
from mortgages to
auto loans — twice
by late 2023. They
had previously esti-
mated that no rate
hike would occur be-
fore 2024.
Powell
But at a news con-
ference after its latest
policy meeting, Chair Jerome
Powell sought to dispel any
concerns that the Fed might
be in a hurry to withdraw its
economic support by making
borrowing more expensive.
The economy, Powell said, still
hasn’t improved enough for
the Fed to reduce the
pace of its monthly
purchases of Treasury
and mortgage bonds.
Those purchases have
been intended to
hold down long-term
loan rates to encour-
age borrowing.
The Fed has said it will keep
buying $120 billion a month
in bonds until “substantial fur-
ther progress” has been made
toward its goals of maximum
employment and inflation
sustainably above 2%.
See Fed / A13
BY GEORGE PLAVEN
Capital Press
YAKIMA, Wash. — To say
2020 was a precarious year for
Northwest hop growers would
be a massive understatement.
Pandemic closures ham-
mered bars and restaurants,
causing an overall decline in
the U.S. beer market. Then
came severe weather during
the hop harvest, with high
winds desiccating ripe cones
and blowing down trellises.
Thick smoke from large
wildfires also filled the skies,
sending plants into early dor-
mancy and reducing late-sea-
son yields.
Despite the challenges, total
hop acreage is up 4% in 2021
across Washington, Idaho and
Oregon, and industry repre-
sentatives are cautiously opti-
mistic about a speedy recovery.
“We’re starting to see things
picking back up,” said Jaki Bro-
phy, communications director
for Hop Growers of America,
a trade association based in
Yakima, Washington. “We’re
certainly not back to where
we were before quite yet, but it
does look like things are start-
ing to recover well.”
See Hops / A13