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Elon Musk Tesla Stock sales are done. He will sell a 10 percent stake if Twitter users agree.

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On Wednesday, December 22, 2021, Elon Musk, Tesla Inc Chief Executive, says “almost done” with his stock sales after selling over $14 billion worth for more than one month. Elon Musk Tesla Stock sales are done. He says I sold enough stock to get around 10 percent plus option exercise stuff, and I tried to be highly literal here,” This came in one interview with Babylon bee. 

Elon Musk on Tesla Shares:

But on Wednesday, December 22, 2021, Elon Musk once again made a big statement. “This considers completion of the 10b sale,” he tweeted, directing to his reserved sales plan related to his options. “Few tranches left, but almost done,” he tweeted later. Elon Musk still has more than 3 million stock options that expire in August next year. Tesla shares ended 7.5 percent higher at $1,008.86, valuing the company at just over $1 trillion.“OVERTAXATION”

Elon Musk on California taxation:

According to Tesla’s securities filings, of the 13.8 million shares sold, 8.4 million pledged to pay taxes associated with his option’s exercise. In recent Tuesday’s interview, Elon Musk, who moved the company’s headquarters from California to Texas earlier this month, also criticized California for “over-taxation” and “overregulation.”

“California used to be the land of possibilities, and now it is … becoming more so the land of sort of over-regulation, over-litigation, over-taxation,” he said, adding to it “increasingly difficult to get things done” in California.

Elon Musk is ready to pay more than $11 billion in taxes this year on Sunday. He has said his personal tax rate tops 50 percent, including federal and state income taxes. Musk said last year he had migrated from California to Texas, where he faces no income tax. 

Elon Musk on Metverse:

Musk also said the “metaverse,” which represents shared virtual surroundings, is not effective, adding that playing video games with goggles can cause motion sickness. “Sure, you can put a TV on your nose.””I think we’re far from vanishing into the metaverse. This sounds just kind of buzzword-y.” Source Khaleej times

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Will Oil Prices touch triple Digits in 2022? If it reaches what will the effect on growing nations.

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Oil slipped towards $84 a barrel, the first weekly loss in about two months.

The Crude has been hovering around $88 per barrel since the last 2021 ending. Can we see Oil Prices touch triple digits in 2022? If it goes there, what will impact growing nations like India and all?

oil price per barrel near 88

Market sentiments in the oil market are upbeat. Demand may rise as omicron’s fear is getting lesser with time. Now the question is will we see oil prices touch triple digits in 2022.

Last year from November 2022, we have to see the Global benchmark brent crude jump by 25%. It is around $88 per barrel from November 2022. Market analysts suggest demand will grow. Omicron’s fear is getting lesser now, which will spark demand, and Oil prices may increase in 2022.

However, prices fell towards the end of the year as new variants emerged, and conditions were placed again in several nations to contain the Omicron variant’s spread. Prices began rising at the close of the year, gaining permission from the record highs achieved in financial market indicators. Gains were supported by the reopening of economizing and anticipated faster economic development in the near term.

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EXPO 2020 Dubai changing luck of Pakistan. Billions of Investment in Khyber Pakhtunkhwa.

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At last, some good news is coming for Khyber Pakhtunkhwa. They will see growth in their region. EXPO 2020 Dubai changing luck of Pakistan.

khyber Pakhtun pakistan

khyber Pakhtun pakistan

 

As per the latest news, more than 40+ deals have been made for the Khyber Pakhtun region of Pakistan. That place of Pakistan is a fantastic location, and tourism investors can earn a lot from it. So we can say that EXPO 2020 Dubai changing  luck of Pakistan. 

Investment in Pakistan:

More than $8 Billion investment in the Khyber Pakhtun area and Pakistan will boost Pakistan’s economy. This nation has passed through many ups and down over the past few decades. It’s high time for some good investment to change the fortunes of new generation Pakistanis. Dubai EXPO is where they are getting a deserving response from investors worldwide. The first location which everyone loves is Khyber Phaktun. 

Khyber Pakhtunkhwa of Pakistan:

With this investment, Khyber Pakhtunkhwa (KPK) will become the next business hub of Pakistan. Many don’t know that it is the third-largest Pakistani province in population. All the people in this region will be happy with this great news. Every Pakistani will be satisfied with this great news. Pakistan is a nation that needs to improve in many departments. Their name has been deemed due to many reasons. The main thing is terror groups. With this kind of investment in Pakistan, people’s trust will come back in Pakistan. But here, Pakistanis have to ensure that no new problem stops their projects in Pakhtun’s area. 

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By 2025, Dubai hopes to host 400 global economic events per year

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Dubai hopes to host 400 global economic events

Dubai is set to benefit from another year of successful global event bidding activity By 2025.

It secures 120 international business events for 2021 and beyond; Major association, corporate, also incentive travel program events are coming to Dubai as the city leads the global recovery. By 2025 Dubai’s business events sector also broader economy are set to benefit from another year of successful bidding led by Dubai Business Events (DBE). The city’s official convention bureau.

DBE has captured around 120 events for the year 2021 and beyond in collaboration with stakeholders from the public or private sectors.

These events, including conferences, meetings, and incentive travel programs, attract nearly 70,000 key opinion leaders, scientists, government officials. And other experts, putting Dubai at the center of global conversations about the recovery of critical sectors and professions, innovation, and economic growth.

400 global economic events per year

400 global economic events per year

The strong performance, achieved despite ongoing disruption to the global business events sector. This is primarily due to international recognition of Dubai’s handling of the Covid-19 pandemic. After organizers’ original dreams elsewhere in the world could not come to fruition. Also Dubai provided a viable and appealing alternative for hosting many events held over the past 15 months and is now in the pipeline.

“Led by His Highness Sheikh bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The city’s response to the pandemic and rapid economic recovery have been recognize. By the global business community.” In addition to becoming a preferred destination for businesses, associations. And talent across a wide range of sectors and professions. Dubai has emerged like a preferred destination for events of all sizes. According to Helal Saeed Almarri, director-general of Dubai’s Department of Economy and Tourism.

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