Afif Shamri

63 Flips | 6 Magazines | 34 Likes | 3 Following | @AfifShamri | Keep up with Afif Shamri on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Afif Shamri”

'Pokémon GO' Has Lost 79% Of Its Paying Players Since Launch, But That's Fine

This is what happens when you make arguably the most successful video game in history. <i>Pokémon GO</i> exploded onto the international scene in July, rapidly conquering whole cities and countries as an overnight trend, driving millions of people out into the streets to search for virtual monsters. And …

How Does the Fed Raise Interest Rates?

<b>Question:</b> How does the Fed actually "raise" rates? What goes on behind the scenes?<p><b>Answer:</b> Many investors understand some of the basic effects that …

Charts: Eight years after Lehman’s collapse, this is what has happened to the global economy

Exactly eight years ago today, Lehman Brothers filed for bankruptcy. The bank’s collapse has become the defining moment for the financial crisis as central banks and governments rushed to bail out other troubled banks in the US and UK.<p>Since 2008, the global economy has been struggling to recover …

How Millennials Could Bring The Oil Industry To Its Knees

Maybe in better times, the staggering population of the millennial demographic would be a hurdle over which Big Oil could easily leap. But times are …

The Coming Revolution in LNG Pricing

Even if it’s a fossil fuel, natural gas burns cleaner than coal. Even if it has been hardly feasible to transport it long distance and overseas in …

DEUTSCHE BANK: 'The economy is set for 3 decades of sluggish growth'

The world is constantly changing over the medium to long-term but for the short-term focused financial markets, extrapolation of the recent past is usually all it takes to put together a long-term forecast. The downfall of Long Term Capital Managemen t should serve as a warning to all of those …

Mexico's $1 billion oil hedge may pay economic dividends

As the world in general and oil producers in particular continue to navigate a world awash in cheap crude, Mexico is trying to get ahead of the game …

The China factor in Malaysia’s growth

THEY always say to look out for that elephant in the room, if we need to understand the dynamics of a situation or resolve a problem. The elephant is …

China

The Price For China's High Growth Could Be Slow Growth Everywhere Else

There is an old, worn-out Indian proverb about blind men describing an elephant in which each focuses on a feature of the whole. One says the creature is long and whip-like with bristly hairs at the end, another describes it as thick like a tree trunk, etc. It neatly illustrates the contemporary …

We're ahead of schedule to turn Star Trek tech into reality

Most Star Trek stories from the vaunted franchise turning 50 this week take place in a distant future we're not likely to see. Unless, that is, Gene Roddenberry and his successors underestimated the pace of technological progress across Earth and the rest of the galaxy.<p>Turns out we're actually …

Oil jumps as Saudi Arabia and Russia agree to work together

It looks like major oil producers might finally be ready to play nice.<p>Saudi Arabia and Russia have signed an agreement aimed at stabilizing the oil market, according to state-owned Russian news agency TASS.<p>The two countries have pledged to set up a working group, along with other measures aimed at …

You should read Japan's Brexit note to Britain — it's brutal

The message is addressed to everyone in Britain, not just some government official in Theresa May's Department for Exiting the European Union. Its title is "Japan's Message to the United Kingdom and the European Union."<p><b>RELATED:</b> Japan is not 'far too polite' to tell Theresa May what it thinks of …

European Union

At China's G20, Economics Is The New Militarism

Friday, Philippine President Rodrigo Duterte said his country’s coast guard had spotted a number of Chinese barges at Bajo de Masinloc, what much of the world calls Scarborough Shoal. “What,” he asked, “is the purpose of a barge?”<p>The appearance of the barges can mean only one thing: Beijing is …

Monetary Policy's "Impossible Trinity" Is Neither

Last week, <i>The</i> <i>Economist</i> named the “impossible trinity” one of the greatest ideas in economics of the past half-century. Here’s the definition. Having these three things at once is unachievable: a fixed exchange rate; no capital controls; and an independent monetary policy. A country/currency area …

Report refutes LGBT ‘born that way’ theory

According to a new report, scientific evidence fails to support the “born that way” theory of sexual orientation. In addition, there is “no evidence” …

LGBTQI

Top Oil Trader Says Oil Is In For A 'Violent Reversal'

This time last month, the famed oil trader—and oil bull—Andy Hall was dealing with a sub-$40 oil market again. And he was again explaining losses to investors in his multi-billion dollar hedge fund.<p>A guy that has made a career, and hundreds of millions of dollar in personal wealth, picking tops and …

Everyone's doing exactly the wrong thing with options right now

Probably depends on how you're wired.<p>(Most people are wired like number one.)<p><b>What are options, anyway?</b><p>I started my career on an options trading floor. It's weird to start learning about options before you know anything about stocks or bonds or anything else. When I interviewed, I didn't even know …

Home Depot

This startup that wants to blow up the real estate market is now worth more than $1 billion

The round, which was led by Wellington Management Company LLP, values the company at over $1 billion, according to a person familiar with the raise. A report last month from The Real Deal said Compass was seeking a valuation of between $1.2 billion and $1.3 billion.<p>While Compass functions like a …

Saudi Arabia Burns Through Foreign Reserves As Oil Prices Slide

You have to hand it to Saudi Arabia. The Kingdom ruled global oil markets for nearly 40 years, increasing or decreasing production as it willed, playing the role of global oil markets swing producer. The OPEC de facto leader, and the second largest global oil producer now after Russia, has simply …

What they say - Business

<i>Wan Xiangyu, researcher, Institute of Quantitative and Technical Economics, the Chinese Academy of Social Sciences</i><p>China's contribution to the world …

The Stocks You Think Are Safe Are Now The Most Dangerous Of All

A lot of retirees have gone through this thought process in the last few years:<p>I’m retiring. I need income to supplement my Social Security.<p>In the old days, you could have cash in the bank, in CDs, and get 6-7% a year. Now you get zero.<p>So people turned to government bonds, but the yield on tens is …

When Global Oil Prices Tanked, Shale Oil Production Didn't. Here's Why.

As global oil prices fell from more than $100 a barrel in July of 2014 to less than $30 a barrel in January of 2016, industry observers expected to see a precipitous drop in U.S. shale oil production. At the time, these forecasts seemed sensible. Shale wells were definitely not the cheapest source …

Oil & Gas Industry

A new low tax economy can both liberate us and be socially just

We should all be grateful to Brussels for showing us, yet again, why we are right to be leaving the European Union, an entity now irrevocably set on a course of long-term decline.<p>There have always been two tendencies at work in the EU: one pro-competition, pro-market and pro-individual freedom; the …

A real loser of a tax

<b>ANALYSIS/OPINION:</b><p>Would you be in favor of a tax that loses money for the government, and penalizes entrepreneurship, job creation and economic …

Gamer Science: Are Video Games Making Kids Smarter? [Infographic]

Video games provide us with challenging environments, fun puzzles and endless hours of entertainment. Today it seems that all too many people are spending their time exploring alien worlds, saving Princess Zelda or catching Pokémon. All that time spent in front of a computer screen just can’t be …

Why The Burkini Saga Is A Feminist Issue

Last year I came across a video on my news feed of a lady wearing a red head scarf. She walked along a dusty path and there were men with guns, one …

Don't Let Wall Street Fool You Into Taking Too Much Risk

Competition for your dollars creates an inertia that always seems to lead Wall Street down the path of unhelpfully increasing the risk in your portfolio. The recent <i>Wall Street Journal</i> headline, “Bond Funds Turn Up Risk,” illustrates an especially alarming trend. Specifically, of <i>increasing</i> the risk …

Innovation Needs To Shift From Disrupting Markets To Tackling Grand Challenges

When Steve Jobs was trying to lure John Sculley to be Apple’s CEO in the early 1980’s, he asked him, “Do you want to sell sugar water for the rest of your life, or do you want to come with me and change the world?” Sculley would achieve little at Apple, but Jobs would later make it the most …

Howard Schultz

Real World Shows Economics Has a Deflation Problem

Jacob Rothschild, the billionaire scion of arguably Europe's greatest banking dynasty says we're living through "the greatest experiment in monetary policy in the history of the world." There's a major flaw in the experiment, though: the real world isn't responding to policy in the way that the …

Deflation

Under pressure, Silicon Valley workers turn to LSD microdosing

It's 7am on a sunny Friday in a shared house in the sleepy San Francisco neighbourhood of Richmond. Flatmates buzz in and out of the kitchen as Lily …