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ECB speculation weighs on euro; stocks buoyant
Wednesday, 27 August 2014 06:45

By Wayne Cole

SYDNEY (Reuters) - The euro was close to cracking on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all time lows and gave a fillip to stocks globally.

The groundbreaking call by European Central Bank President Mario Draghi for more action on both the monetary and fiscal fronts has markets wagering that fresh steps could come as soon as next week when the central bank's governing council meets.

Advocate story

The center and right lanes are blocked on I-10 West at Perkins Road due to an accident, according to the DO TD. Congestion has reached College Drive.

NOPD misclassifying robberies, IG says

Wednesday, 27 August 2014 06:37

In the latest in a series of audits questioning the accuracy of New Orleans crime statistics, Inspector General Ed Quatrevaux’s office issued a report Wednesday that says the New Orleans Police Department misclassified nearly 40 percent of a sampling of robbery cases the office reviewed.

As with the earlier audits, which dealt with rapes and thefts, the report drew a spirited rebuttal from Ronal Serpas, who retired suddenly as NOPD superintendent last week but was still in the department’s top spot when the audit was completed.

Watchdog group backs building another jail
Wednesday, 27 August 2014 06:37

The Metropolitan Crime Commission, a nonprofit watchdog group, is supporting Sheriff Marlin Gusman’s bid to build a new multimillion-dollar jail in New Orleans, saying the additional facility will be needed to forestall a public safety crisis even after the completion of a 1,438-bed lockup due to open in a few months.

A lack of jail space could force local authorities to release dangerous criminals or pay out-of-parish facilities to detain them while they await trial, the commission says in a report being published Wednesday.

  • Pakistan's Prime Minister Nawaz Sharif speaks with the media during a news conference in New Delhi in this May 27, 2014 file photograph. REUTERS/Stringer

By Mehreen Zahra-Malik

ISLAMABAD (Reuters) – Pakistani Prime Minister Nawaz Sharif told parliament on Wednesday he would not be cowed by thousands of demonstrators camped outside the assembly demanding his resignation.

  • Thailand's newly appointed Prime Minister Prayuth Chan-ocha reviews honor guards during his visit at the 2nd Infantry Battalion, 21st Infantry Regiment, Queen's Guard in Chonburi province, on the outskirts of Bangkok August 21, 2014. REUTERS/Chaiwat Subprasom

By Amy Sawitta Lefevre

BANGKOK (Reuters) – Thai Prime Minister General Prayuth Chan-ocha told European investors on Wednesday that he was not a dictator and that his government was seeking to create a Thailand that would be more attractive for their long-term investments.

Educators: Standards are just fine

Eliminating Common Core standards in Ohio would hurt students and chart a path of chaos, school officials and national experts told an Ohio House committee yesterday.

School-district leaders said they have spent four years putting Common Core standards in place for math and English/language arts, and they are in no mood to spend more time and money fixing what they don’t see as broken.

Rosetta orbits comet
Wednesday, 27 August 2014 06:31
  • Rosetta is attempting to become first spacecraft to orbit and land on a comet
  • European Space Agency's 10-year mission has taken Rosetta billions of miles across solar system
  • Scientists hope to learn more about the composition of comets
  • The robotic lander Philae is due to touch down in November

(CNN) -- After a 10-year chase taking it billions of miles across the solar system, the Rosetta spacecraft made history Wednesday as it became the first probe to rendezvous with a comet on its journey around the sun.

Look at me! 21 selfies of the week
Wednesday, 27 August 2014 06:31

Recording artists Demi Lovato, left, and Taylor Swift take a selfie at the 2014 MTV Video Music Awards at The Forum on Sunday, August 24. Lovato posted the selfie to her Instagram account on Sunday.

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