Britain’s $160 Billion Super-Rich Exodus, Bolsonaro Leads Brazil Vote
Community Score: 50% | 127 views | 1w
0 community ratings: null thumbs up, null thumbs down
Spanish Prime Minister Pedro Sánchez called an early election for Nov. 29 after parliament rejected a housing plan last week that his government had hoped would quell mounting social protests. Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the overwhelming favorite to win the runoff and take Latin America’s biggest economy sharply to the right. The exodus of the uber-rich from the UK has become a $160-billion problem. Bloomberg calculates that is the total wealth represented by people on the Bloomberg Billionaires Index who have loosened or cut their ties with the UK in the past two years. That includes a handful of family fortunes. The $160-billion surpasses the wealth of UK individuals on the index who still call Britain home. Today's guests: Polina Kurdyavko, RBC Bluebay Head of Emerging Markets; Vivek Paul, BlackRock Global Head of Portfolio Research & UK Chief Investment Strategist; Tin
Tags: Abeer Abu Omar, Ben Stupples, Benedikt Kammel, Bonds, Elisabeth Behrmann, Flavia Krause Jackson, Francine Lacqua, Iran, Jack Sidders, London, Luxury homes, Mark Bergen, Markets, Masayoshi Son, Middle East, Oil, Polina Kurdyavko, Rodrigo Orihuela, Saudi Arabia, Snap election
More from Bloomberg Television
- Americans Crave Low-Cost Chinese EVs — Score: 50%
- Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
- Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
- Rep. McCaul on How to Combat Political Violence — Score: 50%
- Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
- King Charles' Security Under Review ahead of DC Visit — Score: 50%