Reserve Bank Zimbabwe / April

According to @HeraldZimbabwe , the Reserve Bank of Zimbabwe reported inflation in April 2021 to be 194%/yr. Nonsense. Close, but no prize. I accurately measure #Zimbabwe 's inflation every day. Today, Zimbabwe’s inflation is raging at 155.0%/yr.

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Reserve Bank Zimbabwe / April

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Finance

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The government says it has to repay the debt created by Covid. But actually almost no government debt has been created by Covid. New money was created by quantitative easing instead. How is the government going to repay Covid debt in that case when there is none?

Oil flows uphill: Brent crude broke through $75 per barrel this morning. It was at $42 a year ago, and in April last year, it sank to $21

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📑🔍 #Eurostat  and national #statistical  institutes will be subject to peer reviews starting in June 2021. The #PeerReviews  are conducted by external experts and follow the same methodology 📝💯 Learn more about monitoring and the statistical principles 👇

Global stocks search for direction after Mon turnaround as investors weigh prospects for econ growth against inflation worries ahead of Fed testimony. Bonds drop w/US 10y at 1.5%, 10y Bunds at -0.15%. Gold unch at 1777, #Bitcoin  on course $30k after China clampdown, now $32.3k.

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If you’re a politician who wants to repay the national debt, please: - Tell me why? - Tell me who you will be making repayment to? - Show me that they want to be repaid - Explain how the world will be a better place because of repayment - Explain what we could do as a result.

Landlords and oil majors boost FTSE 100 • Aston Martin launches legal action over missing cash • DS Smith profits sink Get a head start on the day's business and tech headlines via our live blog

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Bitcoin recoups some losses in Asia after plunging on Chinese crackdown

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Tory MP’s claim to be worried about white children not succeeding at school. I have a simple answer for them. Get rid of the poverty that blights their lives. Those MPs can deliver that solution any day they like.

Government is hiding behind pandemic, but long-lasting negative effects on economy are due to Brexit. Shortage of staff in hospitality industry financial sector losing out to Amsterdam & Frankfurt and tensions in Northern Ireland.

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