Jamelle Agbuis

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More From Jamelle Agbuis

Facebook’s Mark Zuckerberg Tops US Highest Paid CEO List

Facebook founder Mark Zuckerberg was the highest paid CEO in the United States last year, according to an annual poll by corporate governance research group GMI Ratings released this week, raking in nearly $2.28 billion thanks to a combination of salary, bonuses and stock options.
Oct 25, 2013

How to Increase the World’s Real Wealth

Real money as we know it arose along with marriage and the golden rule. These innovations allowed people to live together, peacefully, and to do business with one another. Trade, savings, investment, the division of labour - these are the bedrock innovations upon which modern capitalism rests.
Oct 24, 2013

Bond Market Burglars to Bring Bears Out of Hibernation

Although the Fed may realize (though I doubt it) that the current asset purchases have minimal impact on the real economy of the majority of American people, they probably think that continuous monetary stimulus is the lesser of two evils. This is a wrong assumption, in my opinion, because prices are rising far more than wages and salaries.
Oct 24, 2013

Another Nail in the Coffin for the Global Financial System

This week's theme is the global financial system. It's been around for 40+ years in its current guise. That is, since 1971 when Nixon reneged on the US government's promises to pay its debt in gold (or gold equivalent dollars).
Oct 24, 2013

Iran May Offer Discounted Oil To Lure Back Old Customers

The Iranian government is considering giving crude price discounts to its former customers as long as Western sanctions against it can be eased in the future, said a senior oil official on Tuesday, in the hopes of seeing a return to their old market share, which had been lost to other Middle Eastern nations.
Oct 24, 2013

Thailand Mulls ‘Tourist Tax’ To Cover Foreigners' Unpaid Medical Bills

The Thai government may begin charging foreigners up to 500-baht ($16.13) to enter the country starting from January next year, said authorities this week, in the hopes of attracting a better "quality" of holidaymakers and, at the same time, pay for tourists who seek treatment at local hospitals but can't afford the bill.
Oct 24, 2013

BBM for Android and iOS Rollout Started Again

After one complete month releasing the BBM app, the rollout for iOS and Android has finally started again. In order to avoid the circumstances as before which made the rollout to freeze, the company has now implemented a planned line-up system, to meet the high demands of Android and iOS users.
Oct 23, 2013

Starbucks Slammed By Chinese State Media For Higher Prices

James Roy, a senior analyst with the Shanghai-based China Market Research Group, told AFP that the price difference in China was understandable, given the different market positioning of Starbucks in the Chinese market.
Oct 23, 2013

HTC One Max Might be Coming to AT&T

Against the information from the announcement, HTC One Max might be coming to AT&T stores somehow. A press photo leaked by popular leaking franchise, @evleaks, have a photo of HTC One Max with AT&T branding clearly visible on it.
Oct 23, 2013

Google Play Store 4.4.21 Now Available

After having reading about the possible features in the new Play Store App a few days ago, finally the Play Store 4.4.21 is now available for download, bringing a new interface for the users.
Oct 23, 2013

Why China’s Credit Growth is the World’s Largest Ponzi Scheme

In the US on Friday, the S&P500 surged to a new record high, presumably because there's not a lot to worry about. The Fed looks like maintaining its US$85 billion per month liquidity pump and the US government is without debt limit for a few more months at least. It's party time.
Oct 23, 2013

Why the Government ‘Shutdown’ Critics Have It All Wrong

And how do you like that? Mr Market was right all along. He knew the fix was in. This is an economy - and a society - that depends on easy credit. No way were the politicians going to stop the credit from flowing. When they threatened to cut it off, Mr Market ignored them. Stock prices kept going up. Turned out, he was right again.
Oct 23, 2013

Samsung Working on Explosion Proof Flexible Battery

I have been facing problems with my battery after rooting my Android device, Swelling, catching fires, and exploding all the way round. So for this Samsung has actually thought over time and now is developing on a new flexible, Explode proof and fire proof battery for a better tomorrow for smartphones.
Oct 22, 2013

Sugar Prices Soar After Fire At Brazil Port

lobal sugar prices have risen to a one-year high after a fire broke out at several warehouses in the southern Brazilian port of Santos last Friday, destroying some 180,000 tons of sugar in the process.
Oct 22, 2013

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