Reuters Money: Low-interest locusts: David Cay Johnston

	Click to View in Browser 08/10/2012 Low-interest locusts: David Cay Johnston (Reuters) - Another financial crisis looms for U.S. taxpayers, a disaster likely to create even worse human misery than the mortgage fiasco that some of us warned about years before the Wall Street meltdown in 2008. Faster, higher, stronger: luxury pricing goes for gold PARIS (Reuters) - If, like French fashion house Balmain, you can sell a ripped cotton tee-shirt for more than 1,000 euros, you might wonder if there's any price your well-heeled customers won't pay. U.S. import prices fall on oil, consumer goods WASHINGTON (Reuters) - U.S. import prices unexpectedly fell in July for the fourth straight month as costs declined for imported oil, industrial supplies and many consumer goods, further icing inflation pressures. UK help not on the way: James Saft (Reuters) - Things are tough in Britain, and meaningful help most certainly is not on the way. Adding SWAG to your portfolio (Reuters) - For investors looking at a grim decade of money printing and financial repression, it might be time to get some SWAG in your portfolio. Food inflation entrenched in southern Africa JOHANNESBURG (Reuters) - Food inflation is taking hold in southern Africa, putting pressure on some state budgets and making it hard for central banks to loosen monetary policy in the hunt for growth and jobs. Sentinel ruling may hurt MF Global clients CHICAGO (Reuters) - A ruling in the case of failed futures brokerage Sentinel Management Group could make it more difficult for customers to recoup money lost in the much larger collapse of MF Global, according to Sentinel's bankruptcy trustee. Jobs, trade data supports modest economic growth WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits unexpectedly fell last week, offering hope that some of last month's improvement in job growth could be sustained and give the U.S. economy a lift. Public pension assets, obligations rose in 2011 WASHINGTON (Reuters) - State retirement systems continued to rebound in 2011, with cash and investment holdings rising 14.6 percent to $2.5 trillion, the U.S. Census reported on Thursday. Investors question Standard Chartered's defense LONDON (Reuters) - Standard Chartered is failing to convince some shareholders of its defense against allegations it broke U.S. sanctions on Iran, leaving them worried about possible lawsuits, fines and the loss of top executives. Related Video More brokers throwing in the towel Investors hit the hold button Business News Wall Street to fall on China data, S&P still up for week Exclusive: U.S. banks told to make plans for preventing collapse The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend