Read more: https://en.wikipedia.org/wiki/Long_and_short_scales
TIL that there are two different naming systems in the world for large numbers: the short and long scale system. In the short scale system (US, UK, Brazil…), a billion is 10^9 (1,000 million), in the long scale system (Europe, Latin America…), a billion is 10^12 (1,000,000 million).
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Traditionally in England a billion is a million million