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According to my calculations,
#Venezuela's inflation is up to 284%.#TroubledCurrenciesProject@DolarTodaypic.twitter.com/xFmavJfwRk
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I agree w/
@tylercowen, just bc people named in#panamapapers are wealthy, doesn't mean the release of info is okhttp://on.wsj.com/1Xsgygk
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Demand for
#oil continues to rise, as prices make their way back to $80/bbl, just as I predictedhttp://www.barrons.com/articles/its-time-to-pump-up-your-oil-exposure-1460174659 …
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Promoted Tweet
Zoom Teleconferencing: What’s the 411? [
#Blog Post] http://bit.ly/22loHtw#Cloud#Collaborationpic.twitter.com/Le5KVDlyq1
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@HillaryClinton is in that New York State Of Mind.#Bernie's hot win streak ends with fizzle in NY.pic.twitter.com/HEtCLstPEu
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#Turbulence in#Greece & the possibility of a#UK#Brexit could cause#Euro depreciation http://www.zerohedge.com/news/2016-04-10/barclays-warns-grexit-may-return-summer-while-tsipras-demonizes-imf … -
Inflation is still
#Argentina’s Achilles’ heel, as Pres.@mauriciomacri cuts#subsidies & increases#utility pricespic.twitter.com/DCikQKRyqJ
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A tank of gas in
#Venezuela sells for about 6 cents. Which is why gas#smuggling & selling to Colombia is so popular http://www.marketplace.org/2016/04/01/world/struggling-venezuela-cheap-gas-and-food-are-smuggled-out … -
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Duenhaupt of Airlines for Europe said "it shows no solidarity" with those trying to manage the bomb-damaged airporthttp://reut.rs/1Vn8PTq
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#Nigeria needs to implement a#CurrencyBoard, which would make the#naira a clone of$USD. It worked in#Bulgaria.http://on.wsj.com/1XrSdHf
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#Nigeria's declining#oil revenue and$USD restrictions might cause future talent to leave the countryhttp://on.wsj.com/1XrSdHf
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#Price controls in#Venezuela mean that a tank of gas sells at - using the black market#exchange rate - six cents. http://www.marketplace.org/2016/04/01/world/struggling-venezuela-cheap-gas-and-food-are-smuggled-out … -
#Indonesia's history with IMF:#Suharto was forced to choose btwn $43b in foreign assistance and my#CurrencyBoard http://www.huffingtonpost.com/steve-h-hanke/the-imf-vs-greece--lesson_b_9663466.html … -
#IMF's@Lagarde says "IMF conducts its negotiations in good faith" but#Indonesia's#history indicates otherwise http://www.huffingtonpost.com/steve-h-hanke/the-imf-vs-greece--lesson_b_9663466.html … -
This
#terror threat map shows#France &#Spain as same color as#Libya#Pakistan &#Somalia. http://www.telegraph.co.uk/travel/maps-and-graphics/maps-that-will-change-the-way-you-see-the-world/ …pic.twitter.com/W2V2hQq8gz
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#OPEC cutting and freezing production? About as likely as#Greece repaying its debt. http://www.zerohedge.com/news/2016-04-11/even-goldman-says-opec-doha-meeting-will-be-dud-dont-expect-bullish-surprise … -
#UK's#Telegraph presents this interesting world map: how much a country's#income depends on its#tourismpic.twitter.com/XsUax57rEv
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Amidst
#OPEC production cut rumors...#Iraq hit record production high &#Kuwait &#AbuDhabi are ramping up too. http://www.zerohedge.com/news/2016-04-11/even-goldman-says-opec-doha-meeting-will-be-dud-dont-expect-bullish-surprise … -
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#India's#Petroleum Minister speaks to incredible growth in#UAE-#India trade, which is now at $60 billion per year.http://economictimes.indiatimes.com/news/economy/foreign-trade/india-uae-trade-has-grown-phenomenally-dharmendra-pradhan/articleshow/51785744.cms …
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#Venezuela: example of dysfunctional#socialism. Lack of strong fiscal policy turning into empty suggestions.http://www.independent.co.uk/news/world/americas/venezuela-energy-crisis-president-tells-women-to-stop-using-hairdryers-and-go-with-natural-style-to-a6976246.html …
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Prof. Steve Hanke
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