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Published time: 27 Dec, 2017 21:22 The world’s wealthiest people have become more than $ 1 trillion richer this year, earning four times more than in 2016, data collected by Bloomberg revealed. Chinese billionaires gained the most. In 2017, there was a 23 percent increase on the Bloomberg Billionaires Index, which ranks the world’s top […]
A year earlier than expected, Norway’s sovereign-wealth fund, the world’s largest, surpassed $ 1trn in assets on September 19th. It had gained over $ 100bn in the past year, thanks in large measure to the global stockmarket boom in 2017: around two-thirds of its assets are held as equities (over 1% of shares globally). It […]
Published time: 1 May, 2017 23:53 With Republicans controlling both houses and the executive branch, Democrats were still able to challenge some Trump administration initiatives in a $ 1 trillion budget bill that calls for increased military spending but denies funding for the wall or cuts to Planned Parenthood. “We’re very happy with it,” Trump […]
