On July 30th Argentina defaulted for the second time in 13 years, and for the eighth time in its history. That makes it one of the world’s most serial sovereign defaulters, though not the most frequent reoffender. Ecuador and Venezuela have both reneged on their debts ten times.
The number of billionaires is forecast to grow by 38% to 2,315 in the decade to 2023, according to Knight Frank’s annual Wealth Report which is carried out by the research company Wealth Insight. (via BBC News)