A2Z

The acquisition of Twitter is making it difficult for Elon Musk the richest man in the world. This huge takeover of 4,400 crores has become a treasure of his personal wealth. As soon as Twitter came into Musk's hands, his net worth (net worth) melted by around $10 billion. Bloomberg Billionaires Index states this. In fact, at one stage, Musk thought to say goodbye to the Twitter deal. They looked to say goodbye to the deal in the name of bogus accounts. Musk had to buy Twitter as a matter of necessity as Twitter dragged this matter to the court and made a fuss. Problems from the beginning since the announcement Elon Musk announced in April this year that he is going to buy Twitter for 4.4 billion dollars at a price of 54.2 dollars per share. Wall Street was suddenly shocked that this is the price for Twitter whose income is falling. There have been reports that Tesla will sell some of its equity shares to raise the necessary funds for the acquisition of Twitter. Tesla's share

Sooner or later, Analysts predict a global recession is inevitable for world nations in 2023 but no one has dared to estimate how severe it will be and how long it will take. The International Monetary Fund (IMF) also came to the same view. It warned that a major economic recession is looming for the world. Due to this recession, the gross domestic product (GDP) of the countries of the world will be reduced to the extent of 4 lakh crore dollars by 2026. IMF also believed that the GDP of countries that account for a third of the world's GDP will fall to negative levels for two consecutive quarters this year or next. The IMF also reduced the global GDP growth rate to 3.2 percent this year. She said that it may decrease further to 2.9 percent next year. This is the fourth time in a row that the IMF has cut its global GDP forecast this year. OPEC countries announced on Wednesday that they are reducing daily oil production by 20 lakh barrels from November. It is remarkable that the next