🇬🇧 The warnings about Brexit were stark. Almost 100 days since Britain completed its split from the EU, the divorce has already had a negative impact on the U.K. economy. Here’s the data. https://bloom.bg/3rXzOak

🌎 Economies with the highest incomes have 40% of the world’s vaccinations, but just 11% of the global population. As a result, countries with the highest incomes are vaccinating 25 times faster than those with the lowest. https://bloom.bg/3s2Iv3b

🤑 If you’re wealthy, Asia Pacific is the most expensive place to live in, with Shanghai overtaking Hong Kong as the priciest city in the world. Take a look at the ranking. https://bloom.bg/3t4PdHe

Hello, here's what we're reading right now:

🇨🇳 🇺🇸 The Biden administration is stepping up scrutiny of China’s plans for a digital yuan. Some officials are concerned it could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency. https://bloom.bg/3mCpsvz

💰 After China imposed a record $2.8 billion antitrust fine on Alibaba, the company did something unusual: It thanked regulators. The fine was less severe than many feared and helped lift a cloud of uncertainty hanging over Jack Ma’s empire. https://bloom.bg/3tcoJn1

📉 With its economy in free fall, Myanmar is bracing for the worst. Investors are fleeing and businesses are teetering close to the financial edge as the junta’s crackdown worsens. https://bloom.bg/3a3wDaQ

🇬🇧 British voters' attitudes are hardening against the EU in the wake of the clashes over coronavirus vaccines. A new Bloomberg poll shows support for Brexit has grown since the 2016 vote. https://bloom.bg/2RtTB4E

🔦 A billionaire Saudi family is shaking up traditional ways of doing business, breaking with the kingdom's secrecy and opening up to investors about the fortune it's built over the decades. https://bloom.bg/3sbM472

💰 The rally in tech shares has taken the number of people with fortunes of more than $100 billion to eight. Google co-founders Larry Page and Sergey Brin joined the exclusive club last week. https://bloom.bg/3tbLl7m

🔧 U.S. regulators have thrown another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies. https://bloom.bg/3uKVSql

🇨🇳 Janet Yellen will decline to name China a currency manipulator, allowing the U.S. to sidestep a fresh clash with Beijing. The offshore yuan gained on the news. https://bloom.bg/3tdoqbN

💰 Jack Ma is $2.3 billion richer after China slapped Alibaba with a record fine and ordered it to overhaul into a financial holding company. https://bloom.bg/3tcpdcU

💸 Charles Schwab accidentally sent $1.2 million to a client who requested $82.56. When the company realized the mistake, the money was gone from the woman’s account and she wasn’t answering her phone, according to a lawsuit. https://bloom.bg/2Q4IRsZ

☀️ Xinjiang is crucial for the world’s solar supply chain. The problem is nobody knows what’s going inside its factories. https://bloom.bg/2Rxc0h0

🏦 Chinese students are paying middlemen $12,000 in hopes of landing internships and jobs on Wall Street. https://bloom.bg/3sfS0Mo

✈ Where can you fly right now? Bloomberg has built a global flight tracker to monitor the pulse of the air travel comeback. And yes, it's still early days. https://bloom.bg/3mJJGU2

🌎 The pause in the rollout of Johnson & Johnson's Covid-19 vaccine marks another setback for the world's inoculation campaign, just as it was picking up speed in Europe and other regions. https://bloom.bg/2Q4ymWL

📉 Steps taken by regulators after the Archegos collapse could portend some of the biggest changes since the financial crisis. Already, Nomura and Credit Suisse have started to curb financing with hedge funds and family offices. https://bloom.bg/2Rz2SbH

🎢 Crypto exchange Coinbase soared above a $112 billion valuation in its trading debut Wednesday, then slipped below its opening price as Bitcoin fell from record highs. https://bloom.bg/3dgADXw

⭐ A Singapore trader was a rising star — until he was charged for allegedly pulling off one of the largest frauds in the country’s history. https://bloom.bg/3uPJlSt

🏦 Reddit traders predicted the end of Wall Street’s status quo. Goldman and JPMorgan just defied that with surprisingly massive trading hauls in the first quarter. https://bloom.bg/3gc6omI

⛽ A Bloomberg Green investigation into deals by BP reveals what happens when a supermajor walks away as it moves down the path toward net-zero. https://bloom.bg/3uTo1vC

🇺🇸 The Biden administration will impose new sanctions on Russia, in retaliation for alleged misconduct including the SolarWinds hack and efforts to disrupt the U.S. election. https://bloom.bg/3mLVCEU

🚘 Criticized for taking too long to embrace EVs, Mercedes is under pressure to prove it can retain its engineering prowess in the electric age. To that end the German manufacturer will unveil the EQS sedan on Thursday. https://bloom.bg/3dhAvqT

🇭🇰 Hong Kong media tycoon Jimmy Lai was sentenced to a total of 14 months in prison for his role in the city’s pro-democracy protests, as authorities pursue a deluge of cases against high-profile dissidents. https://bloom.bg/3mPkn32

🏗 British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty. https://bloom.bg/3eabooX

👪 The SPAC boom has attracted financiers, former politicians, athletes and celebrities willing to use their fame to attract investment. But family offices — the discrete, sometimes secretive firms that manage the affairs of the ultra-rich — have been one of the biggest driving forces, targeting 800% returns with SPAC economics. https://bloom.bg/32hcHgq

🚨 Covid infections hit a record 5.2 million last week despite the global vaccine rollout, casting doubt the pandemic’s end is in sight. https://bloom.bg/3tz1SlO

In another grim milestone, at least 3 million people have died from the virus, with poorer nations taking an increasingly heavy toll. https://bloom.bg/3am87SA

And while $26 trillion worth of crisis support and inoculations have fueled economic recovery, the legacies of jobs destruction, high levels of debt and widening inequalities will leave lasting scars worldwide. https://bloom.bg/3gmaCbe

⚠ A Tesla electric car that "no one" appeared to be driving crashed late Saturday in Texas, erupting into flames and killing the two passengers. It took more than 30,000 gallons of water to extinguish the fire. https://bloom.bg/32tFgY0

⚽ Some of the world's richest soccer clubs, including Manchester United and Real Madrid, announced plans for a European breakaway league. The project could make elite teams even wealthier. https://bloom.bg/3tA0Ea3

📉 And a drop in cryptocurrency-linked stocks in the wake of Bitcoin's slide and Coinbase's choppy debut is stirring a rallying cry from optimists who reject fears that the sector has peaked. https://bloom.bg/3uVrObE

🇨🇳 China's President Xi Jinping challenged U.S. global leadership with a thinly veiled warning for Washington and its allies to stop "bossing others around." https://bloom.bg/2RFISUI

🛢️ It's been a year since oil plunged below zero in an unprecedented crisis. Crude is up more than 30% this year as investors bet reopening economies will stoke consumption. https://bloom.bg/32rGtPN

👛 Los Angeles is proposing a guaranteed income program for poor residents, making it the largest American city to test such a policy. https://bloom.bg/3apiZz5

💸 Dogecoin traded near 42 cents on Tuesday, further stoking the social media frenzy that’s being propelled by the #DogeDay hashtag on April 20, or 4/20 — pot-user slang for smoking cannabis. https://bloom.bg/3dwiNA4

💉 Africa is having a hard time getting people to take Covid-19 vaccines. Only 5.22 million people in Sub-Saharan Africa have been vaccinated out of a population of about a billion. https://bloom.bg/3glFpFj

🚨 A global corporate tax is gaining momentum. The Netherlands, long at the heart of a system in which multinational corporations minimize their taxes, has signaled that it’s ready to end the practice. https://bloom.bg/2P2u9SQ

🚨 Former Minneapolis police officer Derek Chauvin was found guilty of killing George Floyd when he knelt on the man's neck for 9 minutes and 29 seconds. The conviction stood out against decades of impunity for most police excessive-force cases. https://bloom.bg/2RIa1X4

🖥️ Apple showed off the first redesign of its iMac in nearly a decade. Equipped with the company's custom M1 processor, they're far thinner and come in seven different colors. https://bloom.bg/3v4OVRc

🪂 HSBC's parachuting of senior executives from London to Hong Kong reflects its pivot to Asia. The move's also stoking discontent among its bankers. https://bloom.bg/3tC9Zyj

📉 Financial markets around the world are waking up to the risks of another coronavirus flare-up. Asian markets have underperformed their peers, and now the angst is spreading to U.S. stocks. https://bloom.bg/3v5Anki

⚽ Europe's rebel soccer league crumbled just days after its launch as teams pulled out amid fury from the sport's authorities, politicians and fans. https://bloom.bg/2QK6wik

🚑 An HSBC contractor chronicled his near-death experience in a viral LinkedIn post that was viewed almost 7 million times. The 45-year-old Briton lamented a work-till-you-drop culture during the pandemic. https://bloom.bg/2Qc4ZC3

🛬 Singapore and Hong Kong called off a travel bubble announcement planned for Thursday, the second time in five months the highly anticipated arrangement appears to have run into obstacles. https://bloom.bg/3x8u418

💸 Grab's record SPAC listing is set to boost the fortunes of its top three executives to $1.2 billion. But the biggest beneficiary will be SoftBank, whose nearly 19% stake will be worth about $7 billion. https://bloom.bg/2QqpNpc

🩺 We asked doctors how to travel safely after you've been vaccinated. Here's an obsessive guide to planning Covid-safe vacations: https://bloom.bg/2PgV1Pi

🇮🇳 Even with a record death toll in India, firsthand accounts indicate that the real number of Covid fatalities could be significantly higher than reported. The country’s surge puts not only its fragile economic recovery at risk, but also the global fight against the pandemic. https://bloom.bg/3xgn3eT

💲⬆ President Joe Biden will propose almost doubling the capital gains tax for wealthy individuals, pushing rates for some investors as high as 43.4%. https://bloom.bg/3dJaNvv

🔊 And here’s something to listen to this weekend: the story of TikTok. In season two of our podcast Foundering, we track the app's meteoric rise and how it became a victim of its own success. https://bloom.bg/3gx3VU3

It took less than 150 days to administer 1 billion Covid vaccine doses worldwide. Despite the milestone, some countries are struggling to find enough hospital beds for patients. https://bloom.bg/3vwQEPF

💉 A majority of American adults have received shots, with about 1.3 million more getting a first dose every day, according to the CDC. Those numbers may be enough to see a significant impact on U.S. caseloads. https://bloom.bg/2R1hIao

Meanwhile, India is now the global coronavirus hotspot, setting records for the world’s highest number of daily cases. 📈 The crisis is threatening Modi’s grip on power. https://bloom.bg/3tQpF0M

And with the resumption of global travel in sight, the shot you get could determine which countries you can visit and work in. 🌎 https://bloom.bg/3eznjwO

🇸🇬 A combination of nailing the virus and rolling out vaccines has helped Singapore dethrone New Zealand as the best place to be in the pandemic era. See where your country stands in Bloomberg's Covid Resilience Ranking. https://bloom.bg/3eze3sv

📈 Bitcoin rallied back Monday as investors took advantage of the lowest levels in seven weeks to pile back in. https://bloom.bg/2QvTMw9

🔡 And one of the U.K.’s largest asset managers, Standard Life Aberdeen, has rebranded as “Abrdn” — attracting ridicule on Twitter. https://bloom.bg/3aFuYZm

🚢 Shipping containers are plunging into the sea at an alarming rate, with more than 1,000 falling overboard so far this year. Blame adverse weather and the pandemic-fueled surge in online shopping. https://bloom.bg/3tXainc

🛩️ As India’s Covid crisis deepens, many wealthy families are fleeing by private jet. Bollywood stars have been spotted escaping to destinations like the Maldives before travel restrictions kick in. https://bloom.bg/3vspHwt

🏛️ JPMorgan is preparing to offer a Bitcoin fund to wealthy clients, the latest sign Wall Street is warming to the cryptocurrency. https://bloom.bg/3sWJ7aZ