Implementation of 20 thousand billion Tomans construction projects in provincial trips last year

"Solat Mortazavi" in an interview with an economic reporter, stating that good resources have been allocated to construction projects in provincial trips, said: Last year, 20 thousand billion Tomans were allocated for the implementation of construction projects related to the approvals of provincial trips.

Pointing out that 126% of the approvals of 1400 for the provision of resources have been completed, he pointed out: in the first three months of this year, due to the government's focus on providing resources for subsidies, current salaries and debts of the previous government, we could not get suitable figures for construction projects related to travel. Assign a province.

The executive vice president added: Now, 12 thousand billion tomans worth of bonds and public resources have been allocated, and resources and credit forecasts have also been made from other sources for all projects.

Mortazavi emphasized: From the sources of Article 56, good credits of up to 30 thousand billion tomans have been predicted so that the executive bodies can reach a conclusion with the operating banks, and the division of work has also been done.

He stated: 15 thousand billion tomans were predicted from the oil clearing area, and a part of it has been realized, and approximately 30 thousand billion tomans of good resources have been predicted for this year, and we hope that it will be realized in construction projects.

The vice president stated: It is expected that in 1401, 100% of programs and projects related to provincial trips will be implemented from public resources, Article 56 and social responsibility of the Ministry of Petroleum, but more efforts should be made from the internal resources of executive bodies.

Mortazavi said: Allocation of credit for provincial projects is considered in proportion to the size of the provinces, but we emphasize that the resources should be distributed fairly among the provinces.

Source https://www.globalcourant.com/implementation-of-20-thousand-billion-tomans-construction-projects-in-provincial-trips-last-year/?feed_id=11532&_unique_id=62fb39303a9ac

Elon Musk sells around $7 billion worth of Tesla shares amid Twitter battle

Fast News

The move comes after Musk sold around $8.5 billion worth of shares in the electric carmaker in April as he was preparing to finance a deal with the social media giant.

Musk filed a countersuit against Twitter on July 29, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase. (Reuters Archive)

Elon Musk has sold nearly $7 billion worth of Tesla shares, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.

The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the Securities and Exchange Commission's website on Tuesday.

"In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock," Musk, the world's richest man wrote on Twitter late Tuesday.

READ MORE: Elon Musk-Twitter saga, explained

Twitter is locked in a legal battle with the mercurial Tesla boss over his effort to walk away from the April agreement to buy the company, and a judge has ordered that a trial will begin in October.

Musk has filed a countersuit, accusing Twitter of fraud and alleging the social media platform misled him about key aspects of its business before he agreed to a $44 billion buyout.

The move comes after Musk sold around $8.5 billion worth of shares in the electric carmaker in April as he was preparing to finance the Twitter deal. He tweeted at the time: "No further TSLA sales planned after today."

READ MORE: Musk: Twitter deal should proceed if proof of real accounts are given

[embed]https://www.youtube.com/watch?v=1UNcf_e7GzI[/embed]

Source: TRTWorld and agencies

Source https://www.globalcourant.com/elon-musk-sells-around-7-billion-worth-of-tesla-shares-amid-twitter-battle/?feed_id=8977&_unique_id=62f37a33b760a

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

NEW YORK, NEW YORK - MAY 02: Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue)

Dimitrios Kambouris | Getty Images Entertainment | Getty Images

Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night.

His transactions occurred between Aug. 5 and 9, the SEC filings revealed, following Tesla's 2022 annual shareholder meeting on Aug. 4 in Austin, Texas.

Earlier this year, the Tesla and SpaceX CEO said on social media that he had "no further TSLA sales planned" after April 28.

That week, SEC filings revealed Musk had been selling a block of shares in his electric car maker worth about about $8.4 billion.

The centi-billionaire is in the midst of a contentious legal battle with Twitter, the social networking giant he agreed to acquire in April for about $44 billion or $54.20 per share.

Read more about electric vehicles from CNBC Pro

Amid an overall market decline, Twitter's share price and the price of Tesla shares dropped. Musk said he was terminating the deal and accused Twitter of failing to give him all the information he needed to go ahead with the acquisition.

He also accused Twitter of understating the number of bots, spam and fake accounts on its platform.

By July 8, Musk told Twitter he was terminating the deal.

Twitter has sued to ensure the Musk deal goes through for the promised price, which would represent a windfall for many of its shareholders.

Tesla shares were trading nearly flat after hours on the news. Shares in Tesla closed at $850, down just over 2% for the day on Tuesday, before the CEO's insider sales were made public through SEC filings.

Source https://www.globalcourant.com/elon-musk-sells-7-92-million-tesla-shares-worth-6-88-billion/?feed_id=8893&_unique_id=62f3282811812

Flood damage of 20 billion to the nomads of Tehran province/ Half of the nomadic routes were reopened

Farshid Zabihi In an interview with IRNA reporter, he said: Considering that the nomads of Tehran province were settled in the cold and mountainous areas of the province, we witnessed floods in these areas, especially in the cities of Firuzkoh and Shemiranat, which are more than 500 km from the roads It blocked and destroyed the nomads.

He added: With the cooperation of the governors of the cities and the emphasis of the governor of Tehran, more than 50% of the nomadic routes have been reopened and the rest of the routes will be reopened soon.

Director of nomadic affairs of Tehran province continued: The flood caused the loss of more than 300 nomadic livestock, and more than 500 hectares of nomadic fields and pastures were also damaged due to this flood.

Stating that this flood did not cause any casualties in the nomadic areas of Tehran province, he said: Also, a number of springs and drinking water transmission networks were destroyed in the nomadic areas as a result of this flood.

Director of nomadic affairs of Tehran province, pointing out that the distribution of tents and also essential items was done with the cooperation of the governors and the Red Crescent community of Tehran province, said: "In the very first moments, the relief operation and assistance to the nomads in the flooded areas started, and this is still the case." Relief continues.

Referring to the unfavorable weather conditions until the end of the week, he said: According to the weather forecast, we will witness rain and possibly floods in the highlands of Tehran province by the end of the week, so we ask the nomads to avoid unnecessary travel in the highlands.

According to IRNA, on the morning of Thursday, August 6, some parts of Tehran province, including Firouzkoh, Damavand, Shemiranat and Pakdasht cities, faced a flood incident.

This incident caused a lot of damage to the farmers and nomads of these cities.

Source https://www.globalcourant.com/flood-damage-of-20-billion-to-the-nomads-of-tehran-province-half-of-the-nomadic-routes-were-reopened/?feed_id=6847&_unique_id=62ecb5f581e63