It has become clear that we cannot sustain a viable Commonwealth Campus ecosystem without closing some campuses,” Neeli Bendapudi said in a statement to the campus community Tuesday.

A group of Penn State leadership will recommend by the end of this semester which of the remaining 12 campuses should stay open and which should be closed."While it is clear that not all 12 campuses can continue,

Penn State University looks at closing multiple Commonwealth campuses: 'Difficult choices' A rift is emerging between the east and west of the EU over what to do with Russia’s seized central bank reserves. State-backed North Korean hackers have stolen $1.5bn (£1.2bn) of cryptocurrency in the largest heist in history.