The IMF says the debt held by countries is likely to exceed $100tn by the end of this year. How concerned should that figure make us? And while Ed Butler finds out why it’s been a bad day for chips (the computer ones), but a good one for (authentic) wine – as French police have uncovered a multi-billion dollar fake wine racket. The suspects are accused of creating counterfeit labels of renowned French vineyards, allowing them to sell bottles for thousands of dollars.