The announcement of the purchase of Man United by American billionaires

announcement of the purchase of Man United by American billionaires

Elon Musk, one of the world’s top billionaires and CEO of Tesla, has once again caused a storm. Said that he is going to buy the English giant football club Manchester United. News Reuters. In one tweet, he said, ‘I welcome Manchester United.’ The Manchester United club is currently under the control of the American Glazer family. They bought the club in 2005 for £790 million ($955.51 million). As of Tuesday, Manchester United’s market value was $2.08 billion. Manchester United is one of the most popular football clubs in the…

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The world economy is in the grip of recession

The world economy is in the grip of recession

In the first quarter of 2020, the whole world was in lockdown. Naturally, the economy of almost all countries contracted. The world is in recession. The world economy has largely recovered since then, but analysts have warned that the footsteps of recession are once again being heard. The biggest concern is inflation. Central banks in developed countries have used the most ineffective means of combating inflation, that is, raising policy interest rates. But it is disrupting the life of the economy ie the demand itself. Wall Street almost teetered on…

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