1) Will Twitter buy Silicon Vally bank?
Elon Musk seems tobe open to the idea of Twitter buying failed SiliconVally Bank. We have to wait and watch next week for further developmenton on SVB . It may create a viable business model for Twitter. By buying SVB Twitter may try to become a digital bank. Toxic assets have tobe removed through fine toothed comb. Wechat of China offers such a feature in addition to messaging ,streaming and vedio chat etc. Musk is already on reshaping of Twitter by selling his Tesla shares. Musk is also building a city along Colorado river outside of Austin,Texas.
2) Japan population crisis got so bad: Japan has reported fewer number of births in 2022. Just imagine 799728 births and 1.58million deaths in 2022. It may be due to decline in marriage in the pandemic year also. Japan has the society with medin age of 48.4 years.The ill effects are already seen in labour,health care and financial systems. China and south Korea are also seeing declining population. South Korea’s fetility rate have been one birth per woman since 2018. While Seoul’s birth rate is 0.8 in 2020. China’s one child policy was relaxed in2015 due to sharp decline in fertility rate.Japan policies encourage couples to have more children. Cash handouts,subsidised housing, daycares and infertility treatment are provided to tackle declining population.
3) India and Australia to conclude free trade agreement as early as possible.It will increase bilateral trade in next five years. Both India and Australia have already concluded Economic cooperation and trade agreement in December 2022. Now negotiations are on to widen the scope of it into a Comprehensive Economic cooperation Agreement. It will create new employment opportunities, raise living standards and improve the general welfare of both the countries. It will aid in timely clean energy transition and reaching net zero goal. Bilateral trade exceeded 31 billion dollar last financial year. It can be signifcantly enhanced in next five years.
